NOT LISTED FOR SALE

2981 N Star Dr Memphis, TN 38134

Estimated Value: $254,000 - $408,000

0.27 Acre
$1,320,463 Price per Acre
11,761 Sq Ft Lot

Last Sold June 21, 2018

Last sale price $27,000 $14 Per Sq Ft

Est. 1,220% increase in value since last sale

Current estimated payment $2,243/month

Highlights

  • Door to Door Trash Pickup
  • Level Lot
  • 4-minute walk to Mark S. Brown Municipal Park
  • Altruria Elementary School Rated A-

About This Lot

As of June 2018

Build your custom home on this nice lot located just a block north of Stage Road and close to the Bartlett Municipal Buildings. Great, stable neighborhood. And convenient location. The sale is to be 'as is / all cash'.

Last Agent to Sell the Property

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 03/08/2018

Last Buyer's Agent

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 03/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,474

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Interior Spaces

  • 1,922 Sq Ft Home

Community Details

  • Merry Acres Subdivision
  • Door to Door Trash Pickup

Listing and Financial Details

  • Assessor Parcel Number B0157 V00032

Property Details

Property Type

Land

Est. Annual Taxes

$4,474

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City, Subdivision
  • MLS Map #: 854D
  • MAAR Subdivision Name: MERRY ACRES
  • List Price Per Sq Ft: 18
  • Price Per Sq Ft: 100000
  • Estimated Sq Ft: 1922
  • Miscellaneous: Garbage Pickup
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Public Water, Public Sewer

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 12
  • Acreage: 0.27
  • Lot Size: 0.27
  • Price Per Acre: 129630
  • 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: B0157 V00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Iglesia Union Cristiana Church
Bought by
Chirinos Norberto and Diaz Ana Ruth
Current Estimated Value
$356,525

Purchase Details

Listed on
Mar 8, 2018
Closed on
Jun 26, 2018
Sold by
Rhodes Virginia A
Bought by
Iglesia Union Cristiana C Hurch
Seller's Agent
David Tester
Marx-Bensdorf, REALTORS
Buyer's Agent
David Tester
Marx-Bensdorf, REALTORS
List Price
$40,000
Sold Price
$27,000
Premium/Discount to List
-$13,000
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.06%
Original Mortgage
$125,000
Interest Rate
4.57%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Caudle William and Caudle Linda
Bought by
Rhodes Virginia

Purchase Details

Closed on
Jun 30, 2000
Sold by
Covington William C and Covington Dorothy
Bought by
Caudle William and Caudle Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8.63%
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
Chirinos Norberto -- Apperson Crump Plc
Iglesia Union Cristiana C Hurch $27,000 --
Rhodes Virginia $134,000 Grace Title & Escrow Llc
Caudle William $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iglesia Union Cristiana C Hurch $125,000
Previous Owner Iglesia Union Cristiana C Hurch --
Previous Owner Caudle William $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $27,000 -32.5% $14 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $40,000 -- $21 / 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 $4,474 $108,350 $13,750 $94,600
2024 $4,474 $87,375 $8,275 $79,100
2023 $4,474 $87,375 $8,275 $79,100
2022 $4,474 $87,375 $8,275 $79,100
2021 $3,539 $87,375 $8,275 $79,100
2020 $4,510 $76,700 $6,725 $69,975
2019 $2,749 $37,975 $6,725 $31,250
2018 $272 $6,725 $6,725 $0
2017 $399 $6,725 $6,725 $0
2016 $294 $6,725 $0 $0
2014 $294 $6,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021904

Memphis Area Association of REALTORS®

APN: B0-157-V-00032