NOT LISTED FOR SALE

306 Lexington Manor Ln Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $986,000 - $1,015,243

3.33 Acres
$300,487 Price per Acre
145,055 Sq Ft Lot

Last Sold August 17, 2018

Last sale price $195,000 $2 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $5,965/month

71 Days on Market

Highlights

  • 3.33 Acre Lot
  • Wooded Lot
  • Corner Lot
  • Lake, Pond or Stream

About This Lot

As of August 2018

BRING YOUR BUILDER! More than AWESOME gated subdivision with estate lots in the 3 acre range. Equestrian community complete with walking and riding trails, streams, gorgeous stone enhanced bridges. You owe it to yourself to look at all of what this unique subdivision has to offer before you even think about building. It's really a unique opportunity.

Last Agent to Sell the Property

Chet Whitsitt

Crye-Leike, Inc., REALTORS License #208134 Listed on: 05/14/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Diane Lee

Harris Realty Services License #274769

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,690

Lot Details

  • 3.33 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $133 Monthly HOA Fees

Additional Features

  • 122,709 Sq Ft Home
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number D0215F A00047

Community Details

Overview

  • Enclave At Sparkle Creek Pd Ph 2 Subdivision

Recreation

  • Cove
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$4,690

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Raleigh-Lagrange
  • Location: Cove, Corner, Subdivision
  • MLS Map #: 798A
  • MAAR Subdivision Name: ENCLAVE AT SPARKLE CREEK PH2
  • List Price Per Sq Ft: 2
  • Price Per Sq Ft: 58558.56
  • Estimated Sq Ft: 122709
  • Miscellaneous: Pond/Lake
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Septic Tank, Natural Gas

Association/Amenities

  • Annual Association Fee: 1600

Lot Info

  • Lot Number: 21
  • Acreage: 3.33
  • Lot Size: 267.02 X 635.73 IRR
  • Price Per Acre: 58559
  • Zoning: R
  • Improvements: Curbs and Gutters
  • Lots Available: 11-20
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level, Wooded
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: D0215F A00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Access Builders Llc
Bought by
Forrest Derik
Current Estimated Value
$1,000,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,201,295
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 2022
Sold by
Deon Jones Torico and Deon Barissa
Bought by
Access Builders Llc

Purchase Details

Closed on
Jun 13, 2019
Sold by
Novick Keith
Bought by
Eddie Kircher Llc

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 17, 2018
Sold by
Byrne Whitehead And Eddie Kircher Constr
Bought by
Jones Torico Deon and Jones Barissa
Seller's Agent
Chet Whitsitt
Crye-Leike, Inc., REALTORS
Buyer's Agent
Diane Lee
Harris Realty Services
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%
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
Forrest Derik -- None Listed On Document
Access Builders Llc $201,000 Realty Title & Escrow
Eddie Kircher Llc -- None Available
Jones Torico Deon $195,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Access Builders Llc $1,201,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $195,000 0.0% $2 / Sq Ft
05/14/2018 05/14/18 For Sale $195,000 -- $2 / 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 $4,690 $338,350 $58,350 $280,000
2024 -- $138,350 $58,350 $80,000
2023 $1,978 $58,350 $58,350 $0
2022 $1,978 $58,350 $58,350 $0
2021 $2,363 $58,350 $58,350 $0
2020 $1,992 $49,175 $49,175 $0
2019 $1,992 $49,175 $49,175 $0
2018 $1,992 $49,175 $49,175 $0
2017 $2,021 $49,175 $49,175 $0
2016 $1,798 $41,150 $0 $0
2014 $1,798 $41,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027007

Memphis Area Association of REALTORS®

APN: D0-215F-A0-0047