NOT LISTED FOR SALE

Estimated Value: $10,367 - $148,000

0.22 Acre
$359,927 Price per Acre
9,583 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $10,500 $7 Per Sq Ft

Est. 654% increase in value since last sale

Current estimated payment $448/month

127 Days on Market

About This Lot

As of October 2023

Land .22 acres 3198 Melbourne St.., can be purchased individually or a package deal with land listed below 1273 Englewood, 3198 Melbourne & 3185 N Trezevant, and 1103, and 1107, and 1115 and 1119 Walk Pl and 675, and 679 S Pkwy E

Last Agent to Sell the Property

Christine Abston

REMAX Experts License #250893 Listed on: 05/02/2023

REMAX Experts

Last Buyer's Agent

Christine Abston

REMAX Experts License #250893 Listed on: 05/02/2023

REMAX Experts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $61

Year Built

  • 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 87x115
  • Level Lot

Community Details

  • Oak Grove Park Re S/D Of Pt Graham He Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072069 00012

Property Details

Property Type

Land

Est. Annual Taxes

$61

Year Built

1963

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 727B
  • MAAR Subdivision Name: OAK GROVE PARK
  • Price Per Sq Ft: 47727.27
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1963

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 115
  • Acreage: 0.22
  • Lot Size: 87X115
  • Price Per Acre: 52273
  • Zoning: Res
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 072069 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Oct 5, 2023
Sold by
Mallard Kendrick K
Bought by
Cisiro Artrell Perry Revocable Living Trust and Perry
Seller's Agent
Christine Abston
REMAX Experts
Buyer's Agent
Christine Abston
REMAX Experts
List Price
$7,000
Sold Price
$10,500
Premium/Discount to List
$3,500
50%
Total Days on Market
127
Views
21
Current Estimated Value
$79,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,684
Avg. Annual Appreciation
235.29%

Purchase Details

Closed on
Mar 9, 2021
Sold by
County Of Shelby
Bought by
Mallard Kendrick K

Purchase Details

Closed on
Feb 25, 2000
Sold by
G & M Investments
Bought by
Chatman Gertrue Danette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,050
Interest Rate
8.29%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Elton Becton and Elton Barbara
Bought by
G & M Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.04%
Source: Public Records

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Range of Values:

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Average Value
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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
Cisiro Artrell Perry Revocable Living Trust $10,500 None Listed On Document
Mallard Kendrick K $600 None Available
Chatman Gertrue Danette $65,000 --
G & M Investments Llc $38,660 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatman Gertrue Danette $63,050
Previous Owner G & M Investments Llc $52,000
Previous Owner Becton Elton $11,274
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $10,500 -8.7% $7 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $11,500 +35.3% $8 / Sq Ft
07/11/2023 07/11/23 Price Changed $8,500 +21.4% $6 / Sq Ft
05/02/2023 05/02/23 For Sale $7,000 -- $5 / 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 $61 $2,225 $2,225 --
2024 -- $1,800 $1,800 --
2023 $110 $1,800 $1,800 $0
2022 $110 $1,800 $1,800 $0
2021 $91 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $267 $0 $0 $0
2014 $267 $13,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10147178

Memphis Area Association of REALTORS®

APN: 07-2069-0-0012