NOT LISTED FOR SALE

2604 Smith Ridge Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $137,000

0.12 Acre
$1,141,667 Price per Acre
5,227 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $500 $1 Per Sq Ft

Est. 27,300% increase in value since last sale

Current estimated payment $749/month

197 Days on Market

About This Lot

As of March 2019

Vacant Level Residential Lot being Sold AS-IS ~~Bank of America employees, spouse or domestic partner, household members, business partners and insiders are prohibited from purchasing.

Last Agent to Sell the Property

Kim Hairrell

Crye-Leike Inc., REALTORS License #249103 Listed on: 08/30/2018

Crye-Leike Inc., REALTORS

Last Buyer's Agent

Scott Housewirth

Crye-Leike Inc., REALTORS License #271531

Crye-Leike Inc., REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Location

  • City Lot

Community Details

  • Ridgegrove B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071061 00011

Property Details

Property Type

Land

Est. Annual Taxes

$42

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 725B
  • MAAR Subdivision Name: RIDGEGROVE BLK B
  • Price Per Sq Ft: 4166.67
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Natural Gas

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 347
  • Acreage: 0.12
  • Lot Size: .12
  • Price Per Acre: 20833
  • 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: 071061 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Mar 28, 2019
Sold by
Bank Of America Na
Bought by
Thomas Steven D
Seller's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$7,000
Sold Price
$500
Premium/Discount to List
-$6,500
-92.86%
Current Estimated Value
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,500
Avg. Annual Appreciation
133.90%

Purchase Details

Closed on
Mar 13, 2018
Sold by
Durham Carolyn
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 5, 2007
Sold by
Middleton Dikimberly S
Bought by
Durham Carolyn

Purchase Details

Closed on
Jun 15, 2007
Sold by
Baxter Ricky E and Baxter Jeanette
Bought by
Hud
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
Thomas Steven D $500 Servicelink Llc
Bank Of America Na $8,000 None Available
Durham Carolyn -- None Available
Hud $29,680 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter Ricky E $34,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $500 -80.0% $1 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $2,500 -13.8% $3 / Sq Ft
01/22/2019 01/22/19 Price Changed $2,900 -19.4% $3 / Sq Ft
12/31/2018 12/31/18 Price Changed $3,600 -20.0% $4 / Sq Ft
12/11/2018 12/11/18 Price Changed $4,500 -8.2% $5 / Sq Ft
11/16/2018 11/16/18 Price Changed $4,900 -18.3% $6 / Sq Ft
10/26/2018 10/26/18 Price Changed $6,000 -14.3% $7 / Sq Ft
10/05/2018 10/05/18 For Sale $7,000 0.0% $8 / Sq Ft
10/05/2018 10/05/18 Price Changed $7,000 +1300.0% $8 / Sq Ft
09/18/2018 09/18/18 Off Market $500 -- --
08/30/2018 08/30/18 For Sale $8,500 -- $10 / 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 $42 $1,375 $1,375 --
2024 $42 $1,250 $1,250 --
2023 $76 $1,250 $1,250 $0
2022 $76 $1,250 $1,250 $0
2021 $34 $1,250 $1,250 $0
2020 $91 $1,250 $1,250 $0
2019 $40 $1,250 $1,250 $0
2018 $235 $7,350 $1,250 $6,100
2017 $240 $7,350 $1,250 $6,100
2016 $332 $7,600 $0 $0
2014 $332 $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10035452

Memphis Area Association of REALTORS®

APN: 07-1061-0-0011