NOT LISTED FOR SALE

340 N Cleveland St Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $417,768

0.44 Acres
$949,473 Price per Acre
19,166 Sq Ft Lot

Last Sold December 14, 2023

Last sale price $446,000

Est. 6% decrease in value since last sale

Current estimated payment $2,359/month

315 Days on Market

About This Lot

As of December 2023

Prime development opportunity walking distance to $100M redevelopment. Last available parcel on Cleveland that can be reused for multi family. 0.44 Acres right in the middle of the Crosstown area!

Last Agent to Sell the Property

Joshua Moss

KAIZEN Realty, LLC License #341627 Listed on: 01/23/2023

KAIZEN Realty, LLC

Last Buyer's Agent

David Da Ponte

Sowell, Realtors License #278752

Property Details

Property Type

  • Land

Lot Details

  • 19,166 Sq Ft Lot
  • Lot Dimensions are 140 x 140
  • Property is zoned CMU-3

Community Details

  • W Evergreen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020021 00010

Property Details

Property Type

Land

Lot Details

0.44 Acres

Listing Details

  • Class: Land
  • Type: Land
  • MAAR Subdivision Name: EVERGREEN
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 83-84 &
  • Acreage: 0.44
  • Lot Size: 140 X 140
  • Zoning: CMU-3
  • Zoning Of Adjacent Area: Unknown

Tax Info

  • Assessor Parcel Number: 020021 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Dec 14, 2023
Sold by
Wo Sfr Llc
Bought by
Outmemphis Inc
Seller's Agent
Joshua Moss
KAIZEN Realty, LLC
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$495,000
Sold Price
$446,000
Premium/Discount to List
-$49,000
-9.9%
Views
80
Current Estimated Value
$417,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,232
Avg. Annual Appreciation
-2.82%

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 22, 2021
Sold by
Moku Real Estate Partnership Llc
Bought by
Wo Srf Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Joshua Moss
KAIZEN Realty, LLC
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.99%
Original Mortgage
$740,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2019
Sold by
Heilman Kenneth R
Bought by
Island Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1998
Sold by
Shelton Jack F Trust
Bought by
Heilman Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back
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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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
Outmemphis Inc $446,000 Titan Title Company
Wo Srf Llc $515,000 Executive Ttl & Closing Inc
Moku Real Estate Partnership Llc -- Executive Ttl & Closing Inc
Island Home Llc $300,000 Executive Ttl & Closing Inc
Heilman Kenneth R $170,000 --
Heilman Kenneth R $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wo Srf Llc $740,000
Previous Owner Island Home Llc $300,000
Previous Owner Heilman Kenneth R $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $446,000 -9.9% --
12/04/2023 12/04/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $495,000 -3.9% --
02/23/2021 02/23/21 Sold $515,000 0.0% $46 / Sq Ft View Prior Sale
01/21/2021 01/21/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $515,000 -- $46 / 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 -- $54,720 $54,720 --
2024 $1,526 $45,000 $45,000 --
2023 $2,741 $45,000 $45,000 $0
2022 $11,944 $196,080 $22,680 $173,400
2021 $12,085 $196,080 $22,680 $173,400
2020 $9,043 $124,800 $22,680 $102,120
2019 $3,989 $124,800 $22,680 $102,120
2018 $3,989 $124,800 $22,680 $102,120
2017 $4,083 $124,800 $22,680 $102,120
2016 $4,192 $95,920 $0 $0
2014 $4,192 $95,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Moss

    Seller's Agent in 2023

    Joshua Moss

    KAIZEN Realty, LLC

    (901) 590-8636

    3 in this area

    237 Total Sales

    Joshua Moss
    Section Image

  • D

    Buyer's Agent in 2023

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    23 in this area

    186 Total Sales

    David Da Ponte
    Section Image
  • Jeffrey Moore

    Seller's Agent in 2021

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    12 in this area

    78 Total Sales

    Jeffrey Moore
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10140820

Memphis Area Association of REALTORS®

APN: 02-0021-0-0010

Tennessee Shelby County Memphis 38104 Midtown Memphis

340 N Cleveland St, Memphis, TN

Not Listed for Sale

Lots

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