NOT LISTED FOR SALE

250 Waring Rd Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $1,307,000 - $1,792,100

0.9 Acre
$1,707,074 Price per Acre
39,204 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $365,000

Est. 321% increase in value since last sale

Current estimated payment $9,273/month

Highlights

  • 0.9 Acre Lot
  • White Station High Rated A
  • Corner Lot

About This Lot

As of July 2019

Prime development opportunity on one of Memphis' most sought after streets. Large corner lot. Build your dream home.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 05/05/2016

Last Buyer's Agent

Alex Turner

Hobson, REALTORS License #315256

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,528

Lot Details

  • 0.9 Acre Lot
  • Corner Lot
  • Level Lot

Community Details

  • Walnut Grove S/D Res/D Of Lot 50 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055038 00036

Property Details

Property Type

Land

Est. Annual Taxes

$13,528

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Corner, City
  • MLS Map #: 755E
  • MAAR Subdivision Name: PIDGEON ESTATES RESUB OF LOT 50
  • Price Per Sq Ft: 405555.56
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 2
  • Acreage: 0.9
  • Lot Size: 148.58 X 295.11 IRR
  • Price Per Acre: 416667
  • Zoning: res
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 055038 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Mays Iii William H and Mays Megan
Bought by
Mays Revocable Living Trust
Current Estimated Value
$1,536,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,997,500
Outstanding Balance
$1,861,876
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
-$210,263

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 26, 2019
Sold by
Coop Phillip G and Coop Ronda K
Bought by
Mays William H and Mays Megan
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Alex Turner
Hobson, REALTORS
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.42%
Original Mortgage
$240,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2007
Sold by
Alexander Gerald W
Bought by
Coop Phillip G and Coop Ronda Kay

Purchase Details

Closed on
Oct 25, 2006
Sold by
Howard Nicholas W
Bought by
Alexander Gerald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mays Revocable Living Trust -- Patterson Bray Pllc
Mays William H $365,000 None Available
Coop Phillip G $375,000 None Available
Alexander Gerald W $500,000 Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mays William H $240,000
Previous Owner Alexander Gerald W $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $365,000 -2.7% --
07/24/2019 07/24/19 Pending -- -- --
05/05/2016 05/05/16 For Sale $375,000 -- --
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 $13,528 $394,050 $66,875 $327,175
2024 $13,528 $399,050 $66,875 $332,175
2023 $24,309 $399,050 $66,875 $332,175
2022 $22,841 $294,375 $66,875 $227,500
2021 $9,129 $148,125 $66,875 $81,250
2020 $4,846 $66,875 $66,875 $0
2019 $2,137 $66,875 $66,875 $0
2018 $2,137 $66,875 $66,875 $0
2017 $2,188 $66,875 $66,875 $0
2016 $2,436 $55,750 $0 $0
2014 $2,436 $55,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2019

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    45 in this area

    206 Total Sales

    Linda Sowell
    Section Image
  • Alex Turner

    Buyer's Agent in 2019

    Alex Turner

    Hobson, REALTORS

    (901) 628-4114

    27 in this area

    105 Total Sales

    Alex Turner
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10029884

Memphis Area Association of REALTORS®

APN: 05-5038-0-0036

Tennessee Shelby County Memphis 38117 Audubon Park

250 Waring Rd, Memphis, TN

This home is located at 250 Waring Rd, Memphis, TN 38117 since 05 May 2016 and is currently estimated at $1,536,367. 250 Waring Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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