NOT LISTED FOR SALE

Estimated Value: $171,000

0.15 Acre
$1,140,000 Price per Acre
6,534 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $8,000 $6 Per Sq Ft

Est. 2,038% increase in value since last sale

Current estimated payment $913/month

About This Lot

As of August 2021

Redevelopment opportunity - call listing agent for most up to date list of available lots.

Last Agent to Sell the Property

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 09/19/2020

Last Buyer's Agent

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 09/19/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x135

Community Details

  • National Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053008 00013

Property Details

Property Type

Land

Est. Annual Taxes

$31

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 752A
  • MAAR Subdivision Name: NATIONAL PLACE
  • Price Per Sq Ft: 53333.33
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 138 &139
  • Acreage: 0.15
  • Lot Size: 50X135
  • Price Per Acre: 76667
  • Zoning: res
  • Present Usage: None/Vacant
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 053008 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Aug 25, 2021
Sold by
Memvest Llc
Bought by
Youthdevelopment Corporation
Seller's Agent
Dawn Kinard
Welch Realty, LLC
Buyer's Agent
Dawn Kinard
Welch Realty, LLC
List Price
$11,500
Sold Price
$8,000
Premium/Discount to List
-$3,500
-30.43%
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,000
Avg. Annual Appreciation
111.04%
Original Mortgage
$42,000
Outstanding Balance
$38,217
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$132,783

Purchase Details

Closed on
Sep 28, 2015
Sold by
Tucker Terrell and Tucker Kathryn
Bought by
Memvest Llc

Purchase Details

Closed on
Jan 19, 2004
Sold by
Shaner Mary Wade
Bought by
Tucker Terrell and Tucker Kathryn

Purchase Details

Closed on
Feb 28, 2003
Sold by
Moore Robert I and Moore Rona M
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Mar 28, 2000
Sold by
Kebede Fasil
Bought by
Moore Robert I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
8.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 17, 1999
Sold by
Sec Of Veterans Affairs
Bought by
Kebede Fasil

Purchase Details

Closed on
Jun 9, 1998
Sold by
French Jack W and French Patricia L
Bought by
Va
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
Youthdevelopment Corporation $24,000 Delta Title Services Llc
Memvest Llc $1,400 Attorney
Tucker Terrell $18,000 --
Union Planters Bank Na $44,625 --
Moore Robert I $61,000 American Title Co
Kebede Fasil $12,000 --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youthdevelopment Corporation $42,000
Previous Owner Moore Robert I $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $8,000 -30.4% $6 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
09/19/2020 09/19/20 For Sale $11,500 -- $8 / 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 $31 $2,375 $2,375 --
2024 $31 $900 $900 --
2023 $55 $900 $900 $0
2022 $55 $900 $900 $0
2021 $24 $900 $900 $0
2020 $18 $250 $250 $0
2019 $8 $250 $250 $0
2018 $8 $250 $250 $0
2017 $8 $250 $250 $0
2016 $11 $250 $0 $0
2014 $263 $6,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104878

Memphis Area Association of REALTORS®

APN: 05-3008-0-0013