$215,000
SOLD DEC 18, 2024
0.45 Acre
$477,778 Price per Acre
19,602 Sq Ft Lot

Recently Sold

4% Below List Price

186 Days on Market

About This Lot

As of December 2024

This is a .45 acre lot cleared and ready to build on. Zoning is RU-4 (Residential Urban - 4) which allows for Single Family, Townhouse Attached and Multifamily. This is a great location just east of FEDEX Forum and has views of the Downtown Memphis Skyline.

Last Agent to Sell the Property

Chris Garland

Crye-Leike, Inc., REALTORS License #232993 Listed on: 05/18/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Channing Shaw

Emmett Baird Realty, LLC License #331579

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Property is zoned RU-4

Location

  • City Lot

Community Details

  • S Memphis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007013 00016C

Property Details

Property Type

Land

Est. Annual Taxes

$30

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 745B
  • MAAR Subdivision Name: SOUTH MEMPHIS
  • Price Per Sq Ft: 477777.78
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Municipal

Utilities

  • Utilities: Public Water, Electricity, Natural Gas

Lot Info

  • Lot Number: 1&ALLEY
  • Acreage: 0.45
  • Lot Size: .45
  • Price Per Acre: 500000
  • Zoning: RU-4
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Commercial
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 007013 00016C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Dec 18, 2024
Sold by
South Front Llc
Bought by
Mello Money Llc
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Channing Shaw
Emmett Baird Realty, LLC
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
15
Current Estimated Value
$220,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,773
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Jan 31, 2014
Sold by
St Patrick Community Outreach Inc
Bought by
Ambassador Management Llc

Purchase Details

Closed on
Aug 27, 2002
Sold by
The City Of Memphis
Bought by
Linden Neighborhood Collaborative Inc

Purchase Details

Closed on
Apr 12, 2000
Sold by
Allen Perry and Allen Wayne
Bought by
City Of Memphis and Division Of Housing & Cmnty Development
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 Type Sale Price Title Company
Warranty Deed $215,000 Executive Title & Closing
Warranty Deed $25,500 None Available
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $215,000 -4.4% --
11/20/2024 11/20/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $225,000 -- --
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 $30 $8,250 $8,250 --
2024 $30 $875 $875 --
2023 $53 $875 $875 $0
2022 $53 $875 $875 $0
2021 $54 $875 $875 $0
2020 $63 $875 $875 $0
2019 $63 $875 $875 $0
2018 $63 $875 $875 $0
2017 $36 $875 $875 $0
2016 $38 $875 $0 $0
2014 $38 $875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10172682

Memphis Area Association of REALTORS®

APN: 00-7013-0-0016C