NOT LISTED FOR SALE

Estimated Value: $420,000 - $678,585

38 Acres
$14,283 Price per Acre
1,664,863 Sq Ft Lot

Last Sold December 09, 2022

Last sale price $685,000

Est. 20% decrease in value since last sale

Current estimated payment $3,058/month

94 Days on Market

Highlights

  • Barn
  • 38.22 Acre Lot
  • Outdoor Storage

About This Lot

As of December 2022

located outside Collierville, TN- Physical address: 400 Jolly Way, Collierville, TN 38017 (off Raleigh LaGrange Rd)Highlights Include: * This property is a Collierville, TN address but is located in Fayette County, TN (lower tax base)* Located about 35 minutes to center of Memphis, TN and about 10 minutes from Collierville, TN* This property is in the green belt for lower taxes* This entire property consist of approximately 38 acres Possible owner financingVideo at: https://youtu.be/7_Fh27QXLSU

Last Listed By

Kelly Martin

Home and Farms License #321742 Listed on: 08/24/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $385

Year Built

  • 1985

Lot Details

  • 38.22 Acre Lot
  • Rural Setting

Farming

  • Barn

Community Details

Overview

  • Whitter Subdivision

Recreation

  • Outdoor Storage
  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$385

Year Built

1985

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MLS Map #: 8711
  • MAAR Subdivision Name: Whitter
  • Price Per Sq Ft: 17922.55
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1985

Exterior Features

  • Road Frontage: Gravel

Utilities

  • Utilities: Electricity

Association/Amenities

  • Uses Of Adjacent Area: Farm House, Pasture, Residential

Lot Info

  • Acreage: 38.22
  • Lot Size: 1,664,857
  • Price Per Acre: 20905
  • Zoning: A
  • Lots Available: 1 Only
  • Present Structure: Barn, Storage Building, Utility Building
  • Present Usage: None/Vacant
  • Shape: Regular
  • Zoning Of Adjacent Area: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Dec 7, 2022
Sold by
Sneed Equestrian Estates Llc
Bought by
Hiatt Harold G and Hiatt Tammy R
Seller's Agent
Kelly Martin
Home and Farms
Buyer's Agent
Fiona Yanok
The Stamps Real Estate Company
List Price
$869,000
Sold Price
$685,000
Premium/Discount to List
-$184,000
-21.17%
Total Days on Market
94
Views
50
Current Estimated Value
$545,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,104
Avg. Annual Appreciation
-9.05%

Purchase Details

Closed on
May 16, 2022
Sold by
Mcconnell and Cyndi
Bought by
Sneed Equestrian Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 2019
Sold by
Mcconnell Jackie and Mcconnell Cyndi
Bought by
Thacker Rhodes Stables Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2019
Sold by
Thacker Rhodes Stables Llc
Bought by
Mcconnell Jackie and Mcconnell Cyndi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 2019
Sold by
Neal Larry J
Bought by
Neal Emory Tasha and Howard Deneen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 28, 1989
Bought by
Mcconnell Jackie and Mcconnell Cyndi

Purchase Details

Closed on
Jan 1, 1986
Bought by
Paradise Stables

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
Hiatt Harold G $685,000 Delta Title Services
Sneed Equestrian Estates Llc $500,000 None Listed On Document
Thacker Rhodes Stables Llc $700,000 None Available
Mcconnell Jackie $698,000 Minor Johnston Douglas Pllc
Neal Emory Tasha -- None Available
Mcconnell Jackie $100,000 --
Paradise Stables $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiatt Harold G $650,000
Previous Owner Sneed Equestrian Estates Llc $425,000
Previous Owner Thacker Rhodes Stables Llc $700,000
Previous Owner Mcconnell Jackie $25,288
Previous Owner Mcconnell Jackie $72,262
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $685,000 -14.3% --
11/26/2022 11/26/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $799,000 -8.1% --
08/24/2022 08/24/22 For Sale $869,000 -- --
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 $385 $29,775 $17,525 $12,250
2023 $385 $29,775 $0 $0
2022 $385 $29,775 $17,525 $12,250
2021 $385 $29,775 $17,525 $12,250
2020 $477 $29,775 $17,525 $12,250
2019 $477 $31,650 $15,875 $15,775
2018 $477 $31,650 $15,875 $15,775
2017 $477 $31,650 $15,875 $15,775
2016 $604 $37,650 $16,050 $21,600
2015 $604 $37,650 $16,050 $21,600
2014 $604 $37,650 $16,050 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10131929

Memphis Area Association of REALTORS®

APN: 143-003.01