NOT LISTED FOR SALE

Estimated Value: $64,943 - $101,000

8.96 Acres
$9,373 Price per Acre
390,298 Sq Ft Lot

Last Sold November 19, 2020

Last sale price $28,000 $26 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $485/month

About This Lot

As of November 2020

Build a spec house or sub divide into two lots. Great place for your dream home. Potential for commercial. This lot can be developed into an office complex or a church. Price is attractive. Son is leaving the state and is eager to sell. Bring all offers! Email them to denniswages1@gmail.com Earnest money and sellers closing to be held at Brasfield and associates.

Last Agent to Sell the Property

Dennis Wages

RE/MAX Right Way License #53832 Listed on: 10/07/2020

RE/MAX Right Way

Last Buyer's Agent

Ken Cannon

Crye-Leike of MS, Inc. License #351127

Crye-Leike of MS, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $484

Lot Details

  • 8.96 Acre Lot
  • Lot Dimensions are 125x300
  • Lot Has A Rolling Slope

Utilities

  • Phone Available

Community Details

  • Melton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072045 00096

Property Details

Property Type

Land

Est. Annual Taxes

$484

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 727F
  • MAAR Subdivision Name: MELTON
  • Price Per Sq Ft: 3125
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Municipal

Utilities

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

Association/Amenities

  • Uses Of Adjacent Area: Retail, Professional Office, Commercial, Residential, Church

Lot Info

  • Lot Number: 2
  • Acreage: 8.96
  • Lot Size: 125X300
  • Price Per Acre: 3560
  • Zoning: R
  • Improvements: Curbs and Gutters
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Rolling
  • Zoning Of Adjacent Area: Single Family, Commercial

Tax Info

  • Assessor Parcel Number: 072045 00096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 17, 2020
Sold by
Melton Dale B
Bought by
J & M Ligostics Inc
Seller's Agent
Dennis Wages
RE/MAX Right Way
Buyer's Agent
Ken Cannon
Crye-Leike of MS, Inc.
List Price
$31,900
Sold Price
$28,000
Premium/Discount to List
-$3,900
-12.23%
Current Estimated Value
$83,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,986
Avg. Annual Appreciation
25.30%

Purchase Details

Closed on
Jun 13, 2014
Sold by
Jeter Mary D
Bought by
Melton Dale B
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
J & M Ligostics Inc $28,000 Realty Title
Melton Dale B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $28,000 -12.2% $26 / Sq Ft
10/07/2020 10/07/20 For Sale $31,900 -- $29 / Sq Ft
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 $484 $19,450 $5,600 $13,850
2024 $484 $14,275 $3,850 $10,425
2023 $870 $14,275 $3,850 $10,425
2022 $870 $14,275 $3,850 $10,425
2021 $880 $14,275 $3,850 $10,425
2020 $629 $8,675 $3,850 $4,825
2019 $277 $8,675 $3,850 $4,825
2018 $277 $8,675 $3,850 $4,825
2017 $284 $8,675 $3,850 $4,825
2016 $682 $15,600 $0 $0
2014 $682 $15,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10086458

Memphis Area Association of REALTORS®

APN: 07-2045-0-0096