NOT LISTED FOR SALE

Estimated Value: $252,630

1.25 Acres
$202,104 Price per Acre
54,450 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $280,000

Est. 10% decrease in value since last sale

Current estimated payment $1,578/month

About This Lot

As of July 2021

CRYE-LEIKE COMMERCIAL is pleased to present this corner 1.26 acre vacant lot bordered by Thomas Street ( U.S. Highway No. 51 North) to the east line of Millington Road. Thomas runs through the center of the site providing excellent traffic patterns and exposure for commercial uses. Approved uses include office buildings, retail shopping centers, automobile service/sales, restaurants, self storage and many other neighborhood commercial uses Call today for more information.

Last Agent to Sell the Property

CeCe Baker

BHHS McLemore & Co., Realty License #347845 Listed on: 06/03/2020

BHHS McLemore & Co., Realty

Last Buyer's Agent

CeCe Baker

BHHS McLemore & Co., Realty License #347845 Listed on: 06/03/2020

BHHS McLemore & Co., Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,427

Lot Details

  • 1.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned CMU-1

Community Details

  • Noble Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069054 00015C

Property Details

Property Type

Land

Est. Annual Taxes

$9,427

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Corner, City, Subdivision
  • MLS Map #: 724A
  • MAAR Subdivision Name: NOBLE
  • Price Per Sq Ft: 224000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Municipal

Association/Amenities

  • Uses Of Adjacent Area: Commercial, Residential, Multi-Family

Lot Info

  • Acreage: 1.25
  • Lot Size: 1.26AC
  • Price Per Acre: 280000
  • Zoning: CMU-1
  • Lots Available: 2-5
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Commercial

Tax Info

  • Assessor Parcel Number: 069054 00015C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Morshed Ibrahim
Bought by
In & Out Express Llc
Current Estimated Value
$252,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$702,005
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 2, 2021
Sold by
Longoria Kathleen Person and Person Family Trust
Bought by
Morshed Ibrahim and Mugammal Adel
Seller's Agent
CeCe Baker
BHHS McLemore & Co., Realty
Buyer's Agent
CeCe Baker
BHHS McLemore & Co., Realty
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%

Purchase Details

Closed on
Jul 8, 2019
Sold by
Person Curtis S and Person Geraldean S
Bought by
Person Family Trust
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
In & Out Express Llc -- --
Morshed Ibrahim $225,000 Realty Title & Closing Servi
Person Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open In & Out Express Llc $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $280,000 -20.0% --
07/16/2020 07/16/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $350,000 -- --
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 $9,427 $396,760 $44,000 $352,760
2024 $921 $278,080 $36,320 $241,760
2023 $1,654 $27,160 $2,160 $25,000
2022 $1,350 $22,160 $2,160 $20,000
2021 $83 $1,350 $1,350 $0
2020 $43 $1,350 $1,350 $0
2019 $43 $1,350 $1,350 $0
2018 $43 $1,350 $1,350 $0
2017 $44 $1,350 $1,350 $0
2016 $59 $1,350 $0 $0
2014 $59 $1,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079521

Memphis Area Association of REALTORS®

APN: 06-9054-0-0015C