NOT LISTED FOR SALE

2609 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $74,000

0.17 Acre
$435,294 Price per Acre
7,405 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $15,000 $16 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $406/month

3 Days on Market

Highlights

  • Wooded Lot
  • Fenced
  • Level Lot

About This Lot

As of August 2020

Can be sold separately or with 2615 Lowell.

Last Agent to Sell the Property

Brenda Cartwright

JASCO Realty License #340543 Listed on: 07/28/2020

Last Buyer's Agent

Brenda Easter

Dream Maker Realty, LLC License #301065

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x153
  • Fenced
  • Level Lot
  • Wooded Lot

Community Details

  • La Belle Heights Blk 79 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047041 00009

Property Details

Property Type

Land

Est. Annual Taxes

$38

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • Price Per Sq Ft: 88235.29
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Sewer, Public Water

Lot Info

  • Lot Number: W PT 4
  • Acreage: 0.17
  • Lot Size: 50X153
  • Price Per Acre: 88235
  • Zoning: 1
  • Improvements: Fenced, Sidewalk
  • Present Usage: None/Vacant
  • Shape: Deep/Narrow
  • Topographic Feature: Level, Wooded
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 047041 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 11, 2020
Sold by
Askew Gregory M and Askew Sandra
Bought by
Parkey Zayne
Seller's Agent
Brenda Cartwright
JASCO Realty
Buyer's Agent
Brenda Easter
Dream Maker Realty, LLC
List Price
$15,000
Sold Price
$15,000
Current Estimated Value
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,000
Avg. Annual Appreciation
37.98%
Original Mortgage
$89,000
Interest Rate
3%

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 13, 2017
Sold by
Ditech Financial Llc
Bought by
Askew Gregory
Seller's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
Buyer's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
List Price
$2,500
Sold Price
$2,000
Premium/Discount to List
-$500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.58%

Purchase Details

Listed on
May 4, 2017
Closed on
May 1, 2017
Sold by
Pegues Edward E and Pegues Patricia A
Bought by
Ditech Financial Llc
Seller's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
Buyer's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
List Price
$2,500
Sold Price
$2,000
Premium/Discount to List
-$500
-20%
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
Parkey Zayne $99,000 Erickson Title & Closing Llc
Askew Gregory $2,000 None Available
Ditech Financial Llc $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parkey Zayne $89,000
Previous Owner Jeffries Brenda C $3,308
Previous Owner Jeffries Brenda $2,328
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $15,000 0.0% $16 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $15,000 +650.0% $16 / Sq Ft
06/19/2017 06/19/17 Sold $2,000 -20.0% $2 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $2,500 -- $3 / 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 $38 $2,450 $2,450 --
2024 $38 $1,125 $1,125 --
2023 $69 $1,125 $1,125 $0
2022 $69 $1,125 $1,125 $0
2021 $69 $1,125 $1,125 $0
2020 $82 $1,125 $1,125 $0
2019 $36 $1,125 $1,125 $0
2018 $36 $1,125 $1,125 $0
2017 $37 $1,125 $1,125 $0
2016 $349 $7,975 $0 $0
2014 $349 $7,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Cartwright

    Seller's Agent in 2020

    Brenda Cartwright

    JASCO Realty

    (901) 494-7423

    63 Total Sales

    Brenda Cartwright
    Section Image

  • B

    Buyer's Agent in 2020

    Brenda Easter

    Dream Maker Realty, LLC

    (901) 921-3919

    179 Total Sales

    Brenda Easter
    Section Image
  • Landra Pryor

    Seller's Agent in 2017

    Landra Pryor

    Crye-Leike

    (901) 314-5653

    57 Total Sales

    Landra Pryor
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10081602

Memphis Area Association of REALTORS®

APN: 04-7041-0-0009

Tennessee Shelby County Memphis 38114 Southeast Memphis

2609 Lowell Ave, Memphis, TN

This home is located at 2609 Lowell Ave, Memphis, TN 38114 since 28 July 2020 and is currently estimated at $74,000, approximately $78 per square foot. 2609 Lowell Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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