NOT LISTED FOR SALE

2980 Ridgeway Dr Sugar Tree, TN 38380

Estimated Value: $45,807 - $74,000

1 Acre
$57,952 Price per Acre
43,560 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $44,000 $50 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $350/month

110 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of June 2024

The Ponderosa, a privately owned community offering year around outdoor activities. 1400 acres of hunting area & trails for ATV riding or hiking, private clubhouse w/pool, private Bass lake & private marina/boat ramp with access to the Tennessee River. INCLUDES TWO PONDEROSA MEMBERSHIPS! Property is located at the end of cove with river views & is ready for you to build a cabin, just bring the Boat, ATV, Side by Side & Kids! 1000 SQFT Heated Min. No mobile homes or RV's. Photos coming soon!

Last Agent to Sell the Property

Tina Reed

Crye-Leike, Inc., REALTORS License #266986 Listed on: 02/14/2024

Crye-Leike, Inc., REALTORS

Co-Listed By

Wally Sisk

Crye-Leike, Inc., REALTORS License #260371

Last Buyer's Agent

Tina Reed

Crye-Leike, Inc., REALTORS License #266986 Listed on: 02/14/2024

Crye-Leike, Inc., REALTORS

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $37 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09 016M A 025D 008.00 000 020

Community Details

Overview

  • The Ponderosa Subdivision

Recreation

  • Cove

Property Details

Property Type

Land

Lot Details

1 Acres

HOA Fees

$37 per month

Listing Details

  • Class: Land
  • Type: Land
  • Location: Cove, Rural
  • MAAR Subdivision Name: The Ponderosa
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Well, Electricity, Septic Tank

Association/Amenities

  • Annual Association Fee: 440
  • Amenities: Waterview
  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 177
  • Acreage: 1
  • Lot Size: 1.00
  • Zoning: Res
  • Lots Available: 1 Only
  • Present Structure: Concrete Slab/Pad
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Rolling, Wooded
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 09 016M A 025D 008.00 000 020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jun 28, 2024
Sold by
Willis Sherry Marie and Hobbs Tony Lynn
Bought by
Holloway Daniel and Holloway Julie
Seller's Agent
Tina Reed
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tina Reed
Crye-Leike, Inc., REALTORS
List Price
$50,000
Sold Price
$44,000
Premium/Discount to List
-$6,000
-12%
Views
35
Current Estimated Value
$57,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,952
Avg. Annual Appreciation
18.29%

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jun 17, 2024
Sold by
Hobbs Shirley
Bought by
Willis Sherry Marie and Hobbs Tony Lynn
Seller's Agent
Tina Reed
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tina Reed
Crye-Leike, Inc., REALTORS
List Price
$50,000
Sold Price
$44,000
Premium/Discount to List
-$6,000
-12%
Views
35

Purchase Details

Closed on
Aug 2, 2020
Sold by
Hobbs Shirley
Bought by
Willis Sherry Marie and Hobbs Tony Lynn

Purchase Details

Closed on
Apr 10, 1986
Bought by
Hobbs Joe P

Purchase Details

Closed on
Mar 1, 1973

Purchase Details

Closed on
Sep 25, 1969
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Holloway Daniel $44,000 None Listed On Document
Willis Sherry Marie -- None Listed On Document
Willis Sherry Marie -- None Available
Hobbs Joe P $7,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $44,000 -12.0% $50 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $50,000 -- $56 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $178 $10,850 $10,850 $0
2024 $157 $6,075 $5,500 $575
2023 $157 $6,075 $5,500 $575
2022 $157 $6,075 $5,500 $575
2021 $157 $6,075 $5,500 $575
2020 $288 $6,075 $5,500 $575
2019 $249 $11,075 $5,500 $5,575
2018 $220 $11,075 $5,500 $5,575
2017 $220 $11,075 $5,500 $5,575
2016 $220 $11,075 $5,500 $5,575
2015 $220 $11,075 $5,500 $5,575
2014 $203 $10,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165907

Memphis Area Association of REALTORS®

APN: 025D-A-008.00

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