NOT LISTED FOR SALE

4616 Lakemont Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $123,921

0.72 Acre
$172,112 Price per Acre
31,363 Sq Ft Lot

Last Sold October 28, 2019

Last sale price $14,500 $0 Per Sq Ft

Est. 755% increase in value since last sale

Current estimated payment $668/month

Highlights

  • Water Views
  • Lake, Pond or Stream
  • Door to Door Trash Pickup
  • 0.72 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of October 2019

Rare opportunity, last lot in established mature subdivision. Vacant lot almost 3/4 acre, Heavily wooded with direct access to lake. Lot is secluded at the end of quite street.

Last Agent to Sell the Property

Rick Gillespie

McWaters & Associates License #212708 Listed on: 05/10/2019

Last Buyer's Agent

Rick Gillespie

McWaters & Associates License #212708 Listed on: 05/10/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $210

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 114x131
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Natural Drainage
  • Property is zoned R-10

Interior Spaces

  • 31,450 Sq Ft Home
  • Water Views

Utilities

  • Water Rights

Community Details

Recreation

  • Cove
  • Lake, Pond or Stream

Additional Features

  • Lakemont Gardens Sec E Subdivision
  • Door to Door Trash Pickup

Property Details

Property Type

Land

Est. Annual Taxes

$210

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Glendale
  • Location: Cove, City, Subdivision
  • MAAR Subdivision Name: Lakemont Gardens Sec E
  • List Price Per Sq Ft: 1
  • Estimated Sq Ft: 31450
  • Miscellaneous: Pond/Lake (Stocked), Pond/Lake, Garbage Pickup
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Municipal

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas

Association/Amenities

  • Amenities: Waterview, Water Rights
  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 46
  • Acreage: 0.72
  • Lot Size: 114x131
  • Zoning: R-10
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Irregular, Pie Shaped
  • Topographic Feature: Rolling, Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Oct 28, 2019
Sold by
Daniels Lois M
Bought by
Shaw Carlis
Seller's Agent
Rick Gillespie
McWaters & Associates
Buyer's Agent
Rick Gillespie
McWaters & Associates
List Price
$24,800
Sold Price
$14,500
Premium/Discount to List
-$10,300
-41.53%
Current Estimated Value
$123,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,421
Avg. Annual Appreciation
8.54%
Source: Public Records

Range of Values:

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Average Value
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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
Shaw Carlis $14,500 Preferred Title & Escrow Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $14,500 -27.5% $0 / Sq Ft
05/24/2019 05/24/19 Price Changed $20,000 -19.4% $1 / Sq Ft
05/10/2019 05/10/19 For Sale $24,800 -- $1 / 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 $210 $6,625 $6,625 --
2024 $210 $6,200 $6,200 --
2023 $378 $6,200 $6,200 $0
2022 $378 $6,200 $6,200 $0
2021 $214 $6,200 $6,200 $0
2020 $449 $6,200 $6,200 $0
2019 $198 $6,200 $6,200 $0
2018 $198 $6,200 $6,200 $0
2017 $203 $6,200 $6,200 $0
2016 $271 $6,200 $0 $0
2014 $271 $6,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Gillespie

    Seller's Agent in 2019

    Rick Gillespie

    McWaters & Associates

    (901) 619-6308

    12 Total Sales

    Rick Gillespie
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052387

Memphis Area Association of REALTORS®

APN: 08-6040-0-0104

Tennessee Shelby County Memphis 38128 Raleigh

4616 Lakemont Dr, Memphis, TN

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