NOT LISTED FOR SALE

357 W Essex Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $423,000

0.13 Acre
$3,253,846 Price per Acre
5,663 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $43,000

Est. 884% increase in value since last sale

Current estimated payment $2,290/month

117 Days on Market

About This Lot

As of February 2024

BACK ON THE MARKET! failed buyer financing! purchase with 361 W Essex Great investment property! AS-IS next door! Make a great package deal offer!! Seller is motivated!!

Last Agent to Sell the Property

Tonji Cromwell

eXp Realty, LLC License #300513 Listed on: 06/28/2023

eXp Realty, LLC

Last Buyer's Agent

Tonji Cromwell

eXp Realty, LLC License #300513 Listed on: 06/28/2023

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Wooded Lot
  • Property is zoned R-6

Community Details

  • Fordhurst Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$34

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 747A
  • MAAR Subdivision Name: Fordhurst
  • Price Per Sq Ft: 330769.23
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 53846
  • Zoning: R-6
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Wooded
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Feb 15, 2024
Sold by
Rickey W And Gloria English Family Trust
Bought by
Mid South Homebuyers Llc
Seller's Agent
Tonji Cromwell
eXp Realty, LLC
Buyer's Agent
Tonji Cromwell
eXp Realty, LLC
List Price
$8,000
Sold Price
$43,000
Premium/Discount to List
$35,000
437.5%
Views
214
Current Estimated Value
$423,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,000
Avg. Annual Appreciation
102.23%

Purchase Details

Closed on
Aug 24, 2007
Sold by
English Ricky W and English Gloria
Bought by
English Ricky W and English Gloria

Purchase Details

Closed on
May 6, 2002
Sold by
County Of Shelby
Bought by
English Ricky W and English Gloria
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mid South Homebuyers Llc $43,000 None Listed On Document
English Ricky W -- None Available
English Ricky W $1,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $43,000 +514.3% --
12/17/2023 12/17/23 Price Changed $7,000 -12.5% --
11/03/2023 11/03/23 For Sale $8,000 0.0% --
10/23/2023 10/23/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $8,000 -20.0% --
07/28/2023 07/28/23 Price Changed $10,000 -33.3% --
07/13/2023 07/13/23 For Sale $15,000 0.0% --
07/05/2023 07/05/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $15,000 -99.9% --
06/28/2023 06/28/23 For Sale $15,000,000 -- --
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 $34 $2,000 $2,000 --
2024 $34 $1,000 $1,000 --
2023 $61 $1,000 $1,000 $0
2022 $61 $1,000 $1,000 $0
2021 $62 $1,000 $1,000 $0
2020 $72 $1,000 $1,000 $0
2019 $72 $1,000 $1,000 $0
2018 $72 $1,000 $1,000 $0
2017 $41 $1,000 $1,000 $0
2016 $44 $1,000 $0 $0
2014 $44 $1,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tonji Cromwell

    eXp Realty, LLC

    (901) 270-0789

    1 in this area

    30 Total Sales

    Tonji Cromwell
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151211

Memphis Area Association of REALTORS®

APN: 03-5011-0-0004

Tennessee Shelby County Memphis 38109 South Memphis

357 W Essex Ave, Memphis, TN

This home is located at 357 W Essex Ave, Memphis, TN 38109 since 28 June 2023 and is currently estimated at $423,000. 357 W Essex Ave is a home located in Shelby County with nearby schools including Riverview Middle School, Hamilton High School, and Memphis Scholars Florida Kansas.

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