$85,000
SOLD AUG 29, 2017

355 Magnolia Ln Collierville, TN 38017

0.51 Acre
$166,667 Price per Acre
22,216 Sq Ft Lot

Recently Sold

99 Days on Market

About This Lot

As of October 2020

Twin Lakes of Piperton is a rural community just minutes from the town of Collierville and offers 22 acres of dedicated wooded park along the Wolf River and features a 10-acre and 6-acre lake, both of which offer common access to Twin Lakes residents. This upscale, walkable rural porch community provides more than 40 acres of common open space and abundant outdoor amenities including fishing and canoeing. Both waterfront and five acre equestrian lots are available.

Last Agent to Sell the Property

Gary Thompson

Boyle Investment Company License #266142 Listed on: 03/21/2017

Last Buyer's Agent

Gary Thompson

Boyle Investment Company License #266142 Listed on: 03/21/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,196

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110 x 200
  • Level Lot

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • Twin Lakes Of Piperton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 164E 164E A07900

Property Details

Property Type

Land

Est. Annual Taxes

$4,196

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 655A
  • MAAR Subdivision Name: TWIN LAKES OF PIPERTON
  • Price Per Sq Ft: 166666.67
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Electricity, Natural Gas, Telephone, Public Water, Septic Tank

Lot Info

  • Lot Number: 15
  • Acreage: 0.51
  • Lot Size: 110 X 200
  • Price Per Acre: 166667
  • Zoning: res
  • Lots Available: 21-50
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 164E 164E A07900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Oct 23, 2020
Sold by
Joseph Hoffert and Shannon Hoffert Shannon
Bought by
Weaver Stephen H and Weaver Kimberly H
Seller's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jon Dickens
The Firm
List Price
$689,900
Sold Price
$650,000
Premium/Discount to List
-$39,900
-5.78%
Current Estimated Value
$900,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,002
Avg. Annual Appreciation
7.01%
Original Mortgage
$73,950
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2018
Sold by
Twin Lakes Joint Venture
Bought by
Darin K Halford Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 14, 2018
Sold by
Halford Darin K
Bought by
Hoffert Joseph and Hoffert Shannon
Seller's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
List Price
$669,000
Sold Price
$669,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$602,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2017
Closed on
Aug 29, 2017
Sold by
Twin Lakes Joint Ventures
Bought by
Darin K Halford Builder Llc
Seller's Agent
Gary Thompson
Boyle Investment Company
Buyer's Agent
Gary Thompson
Boyle Investment Company
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1262.03%
Original Mortgage
$480,000
Interest Rate
3.92%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $650,000 Realty Title & Escrow Co Inc
Warranty Deed $85,000 Memphis Title Company
Warranty Deed $669,000 Realty Title & Escrow Co Inc
Warranty Deed $85,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $349,200 New Conventional
Closed $73,950 New Conventional
Open $510,400 New Conventional
Closed $73,950 Credit Line Revolving
Previous Owner $536,000 Commercial
Previous Owner $602,100 New Conventional
Previous Owner $480,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $650,000 -3.0% $163 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $669,900 -1.5% $167 / Sq Ft
06/08/2020 06/08/20 Price Changed $679,900 -1.4% $170 / Sq Ft
05/11/2020 05/11/20 For Sale $689,900 +3.1% $172 / Sq Ft
06/14/2018 06/14/18 Sold $669,000 0.0% $167 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $669,000 +687.1% $167 / Sq Ft
08/29/2017 08/29/17 Sold $85,000 0.0% --
06/28/2017 06/28/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $85,000 -- --
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
2024 $4,196 $162,450 $23,125 $139,325
2023 $4,196 $162,450 $0 $0
2022 $2,614 $162,450 $23,125 $139,325
2021 $2,614 $162,450 $23,125 $139,325
2020 $2,691 $162,450 $23,125 $139,325
2019 $2,691 $142,975 $23,125 $119,850
2018 $2,073 $133,225 $19,650 $113,575
2017 $370 $19,650 $19,650 $0
2016 $378 $18,750 $18,750 $0
2015 $378 $18,750 $18,750 $0
2014 $378 $18,750 $18,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9998000

Memphis Area Association of REALTORS®

APN: 164E-A-079.00