NOT LISTED FOR SALE

Estimated Value: $793,000 - $1,087,000

0.51 Acre
$1,944,175 Price per Acre
22,216 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $187,975

Est. 427% increase in value since last sale

Current estimated payment $6,006/month

137 Days on Market

About This Lot

As of February 2021

Build your dream home in Boyle's newest gated community. Conveniently located at the edge of East Memphis just minutes from the area's most prestigious private schools, it is also in the sought-after Germantown school district - Riverdale & Houston High. Clear and level lots easy to build on. Mature trees abound in the common areas and around the perimeter. Quiet, low traffic area - minutes from Saddle Creek and Regalia.

Last Agent to Sell the Property

Gary Thompson

Boyle Investment Company License #266142 Listed on: 08/28/2020

Last Buyer's Agent

Gary Thompson

Boyle Investment Company License #266142 Listed on: 08/28/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,035

Lot Details

  • 0.51 Acre Lot
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Phone Available

Community Details

  • Allelon Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$6,035

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 861C
  • MAAR Subdivision Name: Allelon
  • Price Per Sq Ft: 368578.43
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

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

Association/Amenities

  • Annual Association Fee: 1200

Lot Info

  • Lot Number: 46
  • Acreage: 0.51
  • Lot Size: 22353 sf
  • Price Per Acre: 368578
  • Zoning: res
  • Improvements: Curbs and Gutters
  • Lots Available: 6-10
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Griffin Elkington Investments Llc
Bought by
Woods Sydney and Woods John
Current Estimated Value
$991,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,958
Outstanding Balance
$544,564
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$358,179

Purchase Details

Listed on
Aug 28, 2020
Closed on
Feb 25, 2021
Sold by
Boyle Investment Company
Bought by
Griffin Elkington Investments Llc
Seller's Agent
Gary Thompson
Boyle Investment Company
Buyer's Agent
Gary Thompson
Boyle Investment Company
List Price
$187,975
Sold Price
$187,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.05%
Original Mortgage
$696,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Woods Sydney $938,522 Erickson Title & Closing
Griffin Elkington Investments Llc $187,975 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Sydney $580,958
Previous Owner Griffin Elkington Investments Llc $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $187,975 0.0% --
01/12/2021 01/12/21 Pending -- -- --
08/28/2020 08/28/20 For Sale $187,975 -- --
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 $6,035 $342,000 $57,000 $285,000
2024 $8,402 $178,025 $46,800 $131,225
2023 $12,958 $247,850 $46,800 $201,050
2022 $10,753 $77,425 $46,800 $30,625
2021 $2,434 $46,800 $46,800 $0
2020 $2,808 $46,800 $46,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10083810

Memphis Area Association of REALTORS®

APN: G0-230Q-L0-0046