NOT LISTED FOR SALE

2347 Summer Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $415,956

0.39 Acre
$1,066,554 Price per Acre
16,988 Sq Ft Lot

Last Sold September 15, 2021

Last sale price $375,000

Est. 11% increase in value since last sale

Current estimated payment $2,329/month

About This Lot

As of September 2021

SOLD, For comps only, vacant lot

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 08/01/2021

Last Buyer's Agent

David Da Ponte

Sowell, Realtors License #278752

Property Details

Property Type

  • Land

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned ru-3

Location

  • City Lot

Community Details

  • Misses Hanson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033001 00001C

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: East Parkway
  • Location: Corner, Cross Roads, City
  • MAAR Subdivision Name: MISSES HANSON
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Municipal

Utilities

  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Number: 2
  • Acreage: 0.39
  • Lot Size: 17353SF 81.24X200 IRR
  • Zoning: ru-3
  • Improvements: Curbs and Gutters, Sidewalk
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Multi-Family, Commercial, Park

Tax Info

  • Assessor Parcel Number: 033001 00001C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 15, 2021
Sold by
Jay Shiv Shaki Inc
Bought by
Townsend Development Llc
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$415,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,956
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Mar 5, 2019
Sold by
Locb Bros Realty Lp
Bought by
Jay Shiv Shakti Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 8, 2010
Closed on
Aug 15, 2014
Sold by
Hodge & Son Invesments Inc
Bought by
Locb Bros Realty Lp
Seller's Agent
Lee McWaters
McWaters & Associates
Buyer's Agent
Lee McWaters
McWaters & Associates
List Price
$175,000
Sold Price
$156,816
Premium/Discount to List
-$18,184
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Feb 4, 2004
Sold by
Hodge Chad
Bought by
Hodge Chad and Hodge Clovis

Purchase Details

Closed on
Feb 2, 2004
Sold by
First B Realty Lp
Bought by
Hodge Chad

Purchase Details

Closed on
Dec 10, 1997
Sold by
Bp Exploration & Oil Inc
Bought by
First B Realty Lp

Purchase Details

Closed on
Nov 3, 1997
Sold by
Service Station Holdings Inc
Bought by
Bp Exploration & Oil Inc
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
Townsend Development Llc $375,000 None Available
Jay Shiv Shakti Inc $210,000 None Available
Locb Bros Realty Lp $156,816 None Available
Hodge Chad -- --
Hodge Chad -- --
Hodge Chad $130,000 --
Hodge Chad $130,000 First American Title Ins Co
First B Realty Lp $72,484 First American Title Ins Co
First B Realty Lp $72,484 First American Title Ins Co
Bp Exploration & Oil Inc -- Commonwealth Land Title Ins
Bp Exploration & Oil Inc -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jay Shiv Shakti Inc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $375,000 0.0% --
08/01/2021 08/01/21 For Sale $375,000 +139.1% --
08/15/2014 08/15/14 Sold $156,816 -10.4% -- View Prior Sale
12/30/2013 12/30/13 Pending -- -- --
07/08/2010 07/08/10 For Sale $175,000 -- --
Source: Memphis Area 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 $2,094 $64,240 $63,400 $840
2024 $2,094 $61,760 $61,120 $640
2023 $3,762 $61,760 $61,120 $640
2022 $3,762 $61,760 $61,120 $640
2021 $2,131 $61,760 $61,120 $640
2020 $3,716 $51,280 $50,720 $560
2019 $1,639 $51,280 $50,720 $560
2018 $1,639 $51,280 $50,720 $560
2017 $1,678 $51,280 $50,720 $560
2016 $2,272 $52,000 $0 $0
2014 $236 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • D

    Buyer's Agent in 2021

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    8 in this area

    190 Total Sales

    David Da Ponte
    Section Image

  • L

    Seller's Agent in 2014

    Lee McWaters

    McWaters & Associates

    Section Image

  • E

    Seller Co-Listing Agent in 2014

    Edward Sharp

    McWaters & Associates

    Section Image

  • C

    Buyer Co-Listing Agent in 2014

    Chloe Nelson

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110927

Memphis Area Association of REALTORS®

APN: 03-3001-0-0001C

Tennessee Shelby County Memphis 38112 Binghampton

2347 Summer Ave, Memphis, TN

Not Listed for Sale

Lots

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