NOT LISTED FOR SALE

2415 Howard Rd Germantown, TN 38138

Estimated Value: $188,000 - $286,000

1.02 Acres
$248,032 Price per Acre
44,431 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $185,100 $143 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,443/month

71 Days on Market

Highlights

  • 1.02 Acre Lot
  • Level Lot
  • 5-minute walk to Howard McVay Park
  • Riverdale Elementary School Rated A

About This Lot

As of April 2024

VALUE IN THE LAND. 1.2 ACRES IN GTOWN. HAS HOUSE BUT IS A TEAR DOWN. APPRAISAL ATTACHED. SALE NEEDS COURT APPROVAL ...NEW HOMES ALL AROUND, ACROSS FROM MCVAY PARK, GREAT LOT TO BUILD YOUR DREAM HOME

Last Agent to Sell the Property

Rick Baer

Rick Baer Realty License #216050 Listed on: 11/28/2023

Last Buyer's Agent

Michael Mosteller

REMAX Experts License #318569

REMAX Experts

Property Details

Property Type

  • Land

Lot Details

  • 1.02 Acre Lot
  • Level Lot

Location

  • City Lot

Community Details

  • Mcvay Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0230 00121

Property Details

Property Type

Land

Lot Details

1.02 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: MCVAY
  • Location: City
  • MAAR Subdivision Name: MCVAY MANOR
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas

Lot Info

  • Acreage: 1.02
  • Zoning: RES
  • Lots Available: 1 Only
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: G0230 00121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Apr 30, 2024
Sold by
Justin Fite Special Needs Trust and Lane Alexa
Bought by
Salvaggio Charles Gehrig
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Michael Mosteller
REMAX Experts
List Price
$239,000
Sold Price
$185,100
Premium/Discount to List
-$53,900
-22.55%
Views
43
Current Estimated Value
$252,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,893
Avg. Annual Appreciation
17.88%
Original Mortgage
$245,000
Outstanding Balance
$240,647
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$12,346

Purchase Details

Listed on
Nov 28, 2023
Closed on
Apr 29, 2024
Sold by
Lane Alexa Manny and Fite Julian
Bought by
Justin Fite Special Needs Trust and Lane
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Michael Mosteller
REMAX Experts
List Price
$239,000
Sold Price
$185,100
Premium/Discount to List
-$53,900
-22.55%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$240,647
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$12,346

Purchase Details

Closed on
Dec 8, 2023
Sold by
Lane Alexa
Bought by
Lane Alexa

Purchase Details

Closed on
Apr 28, 2008
Sold by
Fite Calvin W
Bought by
Fite Julian T

Purchase Details

Closed on
Aug 5, 1996
Sold by
Fite Calvin W
Bought by
Fite Ellen E
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
Salvaggio Charles Gehrig $185,100 Tri State Title
Justin Fite Special Needs Trust -- Tri State Title
Lane Alexa -- None Listed On Document
Fite Julian T $116,800 None Available
Fite Ellen E -- --
Fite Ellen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvaggio Charles Gehrig $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $185,100 -22.6% $143 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
11/28/2023 11/28/23 For Sale $239,000 -- $184 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,349 $59,000 $17,875 $41,125
2024 $1,353 $39,925 $9,775 $30,150
2023 $2,087 $39,925 $9,775 $30,150
2022 $1,776 $39,925 $9,775 $30,150
2021 $2,047 $39,925 $9,775 $30,150
2020 $2,109 $35,150 $9,775 $25,375
2019 $1,424 $35,150 $9,775 $25,375
2018 $1,424 $35,150 $9,775 $25,375
2017 $1,445 $35,150 $9,775 $25,375
2016 $1,524 $34,875 $0 $0
2014 $1,524 $34,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Baer

    Seller's Agent in 2024

    Rick Baer

    Rick Baer Realty

    (901) 461-8791

    10 in this area

    79 Total Sales

    Rick Baer
    Section Image
  • Michael Mosteller

    Buyer's Agent in 2024

    Michael Mosteller

    RE/MAX

    (901) 870-3692

    9 in this area

    69 Total Sales

    Michael Mosteller
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10161824

Memphis Area Association of REALTORS®

APN: G0-230-0-0121

Tennessee Shelby County Germantown 38138

2415 Howard Rd, Germantown, TN

Not Listed for Sale

Lots

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