NOT LISTED FOR SALE

42 W Mallory Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $11,664

0.17 Acres
$68,612 Price per Acre
7,405 Sq Ft Lot

Sale Details

Date Sold: September 15, 2025

Last sale price $12,000 $11 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $66 / mo

43 Days on Market

About This Lot

As of September 2025

Property Highlights: Located in the New South Memphis subdivision, this level lot offers a 50 x 150 ft footprint—ideal for a custom home, rental property, or long-term investment. No existing structures on the property—ready for development with utilities at the property. Situated in a residential area with easy access to downtown Memphis. Nearby schools, parks, and local amenities. Lot Size: 7,492 sq ft (0.17 acres) Zoning: Residential Ideal for developers, investors, or first-time buyers. Owner/agent property with rent to own options.

Last Agent to Sell the Property

Ken Cannon

Crye-Leike of MS, Inc. License #351127 Listed on: 07/09/2025

Crye-Leike of MS, Inc.

Last Buyer's Agent

Kimberly Ray

Harris Realty Services License #357495

Property Details

Property Type

  • Land

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Location

  • City Lot

Community Details

  • New South Memphis Blk 9 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050028 00020

Property Details

Property Type

Land

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 9
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 20
  • Acreage: 0.17
  • Lot Size: 50X150
  • Zoning: RES
  • Improvements: Sidewalk
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 050028 00020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Sep 15, 2025
Sold by
Bought by
Seller's Agent
Ken Cannon
Crye-Leike of MS, Inc.
Buyer's Agent
Kimberly Ray
Harris Realty Services
List Price
$14,000
Sold Price
$12,000
Premium/Discount to List
-$2,000
-14.29%
Views
13
Current Estimated Value
$11,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$336
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
Aug 2, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$12,000 Excel Title & Escrow
$500 Koelbl Thomas
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 Sold $12,000 -14.3% $11 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $14,000 -- $13 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,250 $1,250 --
2024 -- $1,000 $1,000 --
2023 $61 $1,000 $1,000 $0
2022 $61 $1,000 $1,000 $0
2021 $15 $0 $0 $0
2020 $72 $1,000 $1,000 $0
2019 $32 $1,000 $1,000 $0
2018 $32 $1,000 $1,000 $0
2017 $33 $1,000 $1,000 $0
2016 $44 $1,000 $0 $0
2014 $85 $1,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Cannon

    Seller's Agent in 2025

    Ken Cannon

    Crye-Leike

    (901) 598-1600

    5 in this area

    146 Total Sales

    Ken Cannon
    Section Image
  • Kimberly Ray

    Buyer's Agent in 2025

    Kimberly Ray

    Harris Realty Services

    (901) 568-1927

    1 in this area

    21 Total Sales

    Kimberly Ray
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10200814

Memphis Area Association of REALTORS®

APN: 05-0028-0-0020

Tennessee Shelby County Memphis 38109 South Memphis

42 W Mallory Ave, Memphis, TN

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