NOT LISTED FOR SALE

Estimated Value: $116,000

0.18 Acre
$644,444 Price per Acre
7,841 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $12,500

Est. 828% increase in value since last sale

Current estimated payment $600/month

42 Days on Market

About This Lot

As of March 2022

Builders/Investors 15 vacant lots available in this general area, see attached spreadsheet for all lots available and pricing, these where acquired at tax sale, Seller will assist in clean title transfer. Buyer to perform any due diligence prior to closing. Please use attached documents when submitting offers.

Last Agent to Sell the Property

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 01/21/2022

Last Buyer's Agent

Melody Martin

4 Success Realty, LLC License #293951

4 Success Realty, LLC

Property Details

Property Type

  • Land

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x161

Community Details

  • Washington Hgts Blk 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025028 00003

Property Details

Property Type

Land

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Land
  • Type: Land
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 1
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 43
  • Acreage: 0.18
  • Lot Size: 50X161
  • Zoning: res
  • Lots Available: 11-20
  • Present Usage: None/Vacant
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 025028 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 25, 2022
Sold by
Jabez Trust
Bought by
Ideal Investments Llc
Seller's Agent
Dawn Kinard
Welch Realty, LLC
Buyer's Agent
Melody Martin
4 Success Realty, LLC
List Price
$18,000
Sold Price
$12,500
Premium/Discount to List
-$5,500
-30.56%
Current Estimated Value
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,500
Avg. Annual Appreciation
75.52%

Purchase Details

Closed on
Jun 10, 2021
Sold by
County Of Shelby
Bought by
Jabez Trust

Purchase Details

Closed on
Feb 11, 2010
Sold by
Aequitas Enterprises Llc
Bought by
North American Assets Group Llc

Purchase Details

Closed on
Dec 22, 2009
Sold by
Go Invest Wisely Llc
Bought by
Aeguitas Llc

Purchase Details

Closed on
Sep 9, 2008
Sold by
Us Bank Na
Bought by
Go Invest Wisely Llc

Purchase Details

Closed on
May 30, 2008
Sold by
Alexander Patricia and Alexander Charles
Bought by
Us Bank Na and Bear Stearns Asset Backed Securities 200

Purchase Details

Closed on
Nov 7, 2005
Sold by
Alexander Charles
Bought by
Alexander Patricia

Purchase Details

Closed on
Apr 11, 2005
Sold by
Pledged Property Ii Llc
Bought by
Alexander Charles and Alexander Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Jones Peggy
Bought by
Pledged Property Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2004
Sold by
Hooker Michael
Bought by
Jones Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Mayfield Betty Shaw and Brooks Erma L
Bought by
Hooker Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Ideal Investments Llc $75,000 Weissman Firm
Jabez Trust $300 None Available
North American Assets Group Llc $3,000 Heights Title Agency Inc
Aeguitas Llc $3,000 None Available
Go Invest Wisely Llc $6,000 Associates Closing & Title
Us Bank Na $13,500 None Available
Alexander Patricia -- --
Alexander Charles $11,000 --
Pledged Property Ii Llc $26,000 --
Jones Peggy $63,000 American Title Company Inc
Hooker Michael $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Charles $54,800
Previous Owner Jones Peggy $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $12,500 -30.6% --
01/21/2022 01/21/22 For Sale $18,000 -- --
Source: Memphis Area Association of REALTORS®

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 $30 $1,750 $1,750 --
2024 $30 $875 $875 --
2023 $53 $875 $875 $0
2022 $53 $875 $875 $0
2021 $17 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $38 $0 $0 $0
2014 $38 $875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118882

Memphis Area Association of REALTORS®

APN: 02-5028-0-0003

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