NOT LISTED FOR SALE

222 Memorial Dr Paris, TN 38242

Estimated Value: $526,471

-- Bed
2 Baths
2,025 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 05, 2025

Last sale price $280,000 $138 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,964/month

8 Days on Market

Highlights

  • Central Heating and Cooling System
  • W.G. Rhea Elementary School Rated A-
  • 1-Story Property

About This Home

As of June 2025

Fantastic business/commercial location close to Wal Mart and Lowes. High visibility. Ample paved parking in front and rear. Good return on investment at current annual income with potential for a substantial increase. The building has a total of two waiting areas and ten offices. Can be used as one or two separate units. Roof and HVAC units replaced with in the last 10 years. The building is in very good condition. The property is offered for sale subject to the current tenants rights which run through May 2026.

Last Agent to Sell the Property

Mark Johnson

Moody Realty Company, Inc. Brokerage Phone: 7316425093 License #218890 Listed on: 04/28/2025

Last Buyer's Agent

Brian Foster/ Jennifer Owen

Northwest Tennessee Property

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1993

Lot Details

  • 0.33 Acre Lot
  • Property fronts a state road
  • Property is zoned B 1

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Bathrooms
  • 2,025 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System
  • Single-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $22,200
  • Assessor Parcel Number 010.00

Property Details

Property Type

Other

Est. Annual Taxes

$2,565

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Commercial
  • Business Type: Professional/Office
  • Road Frontage Type: State Road
  • Inclusions: Building & Land
  • Subdivision Name: None
  • Year Built: 1993
  • Master Plan Zoning: B 1
  • Attribution Contact: 7316425093
  • Special Features: None

Interior Features

  • Basement: None
  • Stories: 1

Exterior Features

  • Acres: 0.333
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Private Over 10
  • Total Parking Spaces: 12

Utilities

  • Green Building Features: Other-See Remarks
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Electric
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Cable Available, Single Phase Power, Telephone Lines
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Lot Dimensions: 74' x 196" irr.
  • Lot Size Sq Ft: 14504
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 010.00

Rental Info

  • Lease Term: Other

Multi Family

  • Total Actual Rent: 22200

Tax Info

  • Tax Annual Amount: 2565
  • Tax Book Number: 257
  • Tax Map Number: 106N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jun 4, 2025
Sold by
Summers Enterprises Llc
Bought by
Northwest Tennessee Property General Partners
Seller's Agent
Mark Johnson
Moody Realty Company, Inc.
Buyer's Agent
Brian Foster/ Jennifer Owen
Northwest Tennessee Property
List Price
$299,500
Sold Price
$280,000
Premium/Discount to List
-$19,500
-6.51%
Views
1
Current Estimated Value
$526,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,471
Original Mortgage
$283,014
Outstanding Balance
$281,337
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2001
Sold by
Greer Steve Trustee
Bought by
Commercial Bank & Trust Co

Purchase Details

Closed on
Apr 1, 1998
Sold by
Mike Dossett
Bought by
Summers Ent Llc

Purchase Details

Closed on
Nov 25, 1994
Bought by
Dossett Mike

Purchase Details

Closed on
Jun 3, 1993
Bought by
Henry James E

Purchase Details

Closed on
Apr 24, 1990
Bought by
Henry James E and Henry Janet

Purchase Details

Closed on
Aug 31, 1983
Bought by
Henry Tom
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Northwest Tennessee Property General Partners $280,000 None Listed On Document
Commercial Bank & Trust Co $160,000 --
Summers Ent Llc $140,000 --
Dossett Mike $143,000 --
Henry James E -- --
Henry James E -- --
Henry Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northwest Tennessee Property General Partners $283,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 Sold $280,000 -6.5% $138 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $299,500 -- $148 / Sq Ft
Source: Tennessee Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,565 $91,880 $0 $0
2024 $2,565 $76,800 $15,000 $61,800
2023 $2,534 $76,800 $15,000 $61,800
2022 $1,843 $76,800 $15,000 $61,800
2021 $2,457 $76,800 $15,000 $61,800
2020 $2,396 $76,800 $15,000 $61,800
2019 $2,431 $71,120 $15,000 $56,120
2018 $2,402 $71,120 $15,000 $56,120
2017 $2,402 $71,120 $15,000 $56,120
2016 $2,311 $71,120 $15,000 $56,120
2015 $2,407 $71,120 $15,000 $56,120
2014 $2,380 $71,120 $15,000 $56,120
2013 $2,380 $69,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Johnson

    Seller's Agent in 2025

    Mark Johnson

    Moody Realty Company, Inc.

    (731) 336-3702

    39 in this area

    74 Total Sales

    Mark Johnson
    Section Image

  • B

    Buyer's Agent in 2025

    Brian Foster/ Jennifer Owen

    Northwest Tennessee Property

    (731) 214-1676

    12 in this area

    34 Total Sales

    Brian Foster/ Jennifer Owen
    Section Image
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Map

Source: Tennessee Valley Association of REALTORS®

MLS Number: 134059

APN: 106N-F-010.00

Tennessee Henry County Paris 38242

222 Memorial Dr, Paris, TN

Not Listed for Sale

Other

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