NOT LISTED FOR SALE

457 Falling Creek Ln Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $302,501

4.31 Acres
$70,186 Price per Acre
187,744 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $150,000

Est. 102% increase in value since last sale

Current estimated payment $1,885/month

496 Days on Market

Highlights

  • 4.31 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of September 2015

Amazing lot over 4 acres in one of the areas finest neighborhoods in the Collierville Reserve! If you are looking for a private gated neighborhood with beautiful terrain this is worth a look.

Last Agent to Sell the Property

Jon Dickens

The Firm License #304275 Listed on: 04/16/2014

Last Buyer's Agent

Jon Dickens

The Firm License #304275 Listed on: 04/16/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,845

Lot Details

  • 4.31 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Natural Drainage

Utilities

  • Septic Tank

Community Details

  • Falling Creek Pd Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0222K A00005

Property Details

Property Type

Land

Est. Annual Taxes

$2,845

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 871A
  • MAAR Subdivision Name: FALLING CREEK
  • Price Per Sq Ft: 34802.78
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Private

Utilities

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

Lot Info

  • Lot Number: 5
  • Acreage: 4.31
  • Lot Size: 543.18 X 332.47 (IRR)
  • Price Per Acre: 37123
  • Zoning: res
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Rolling, Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: D0222K A00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
Sep 30, 2015
Sold by
Wilcraft Corp
Bought by
Mcclain Jesse and Wilder Mcclain Whitney
Seller's Agent
Jon Dickens
The Firm
Buyer's Agent
Jon Dickens
The Firm
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Current Estimated Value
$302,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,501
Original Mortgage
$152,575
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Germantown Homebuilders Inc
Bought by
Wilcraft Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Mcclain Jesse $150,000 Mid South Title Services Llc
Wilcraft Corp $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Jesse $747,083
Closed Mcclain Jesse $152,575
Previous Owner Wilcraft Corp $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $150,000 -18.9% --
08/25/2015 08/25/15 Pending -- -- --
04/16/2014 04/16/14 For Sale $185,000 -- --
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 $2,845 $83,925 $83,925 --
2024 $2,845 $83,925 $83,925 --
2023 $2,845 $83,925 $83,925 $0
2022 $2,845 $83,925 $83,925 $0
2021 $2,895 $83,925 $83,925 $0
2020 $3,399 $83,925 $83,925 $0
2019 $3,399 $83,925 $83,925 $0
2018 $3,399 $83,925 $83,925 $0
2017 $3,449 $83,925 $83,925 $0
2016 $1,951 $44,650 $0 $0
2014 $1,951 $44,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Dickens

    Seller's Agent in 2015

    Jon Dickens

    The Firm

    (901) 496-5702

    35 in this area

    316 Total Sales

    Jon Dickens
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924262

Memphis Area Association of REALTORS®

APN: D0-222K-A0-0005

Tennessee Shelby County Eads 38028 Gray's Creek

457 Falling Creek Ln, Eads, TN

This home is located at 457 Falling Creek Ln, Eads, TN 38028 since 16 April 2014 and is currently priced at $302,501. 457 Falling Creek Ln is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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