NOT LISTED FOR SALE

525 Houston Hill Rd Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $468,000 - $627,000

9.7 Acres
$56,999 Price per Acre
422,532 Sq Ft Lot

Last Sold July 26, 2017

Last sale price $299,000 $145 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,325/month

168 Days on Market

Highlights

  • 9.7 Acre Lot
  • Lake, Pond or Stream
  • Lot Has A Rolling Slope

About This Lot

As of July 2017

This pond-front lot with gorgeous views is part of the original "James Lake" parcel on 35 acres just off Houston Levee - St. Georges and Briarcrest schools just a step away. Two homesites available - $565,000 for 12.5+/- and 8.5 acres each. Call for a plat and info. So beautiful and quiet, yet so close in!

Last Agent to Sell the Property

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 02/06/2017

Last Buyer's Agent

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 02/06/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,814

Lot Details

  • 9.7 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Property is zoned GB

Outdoor Features

  • Lake, Pond or Stream

Listing and Financial Details

  • Assessor Parcel Number D0221 00562

Property Details

Property Type

Land

Est. Annual Taxes

$3,814

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MLS Map #: 871A
  • MAAR Subdivision Name: JAMES LAKES
  • Price Per Sq Ft: 36082.47
  • Miscellaneous: Pond/Lake
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private

Utilities

  • Utilities: Public Water, Electricity

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Acreage: 9.7
  • Lot Size: 947.47 X 1006.41 IRR
  • Price Per Acre: 58247
  • Zoning: GB
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Rolling
  • Zoning Of Adjacent Area: Single Family, Greenbelt

Tax Info

  • Assessor Parcel Number: D0221 00562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jul 26, 2017
Sold by
James Rita N
Bought by
Handel Jason J and Handel Claudia L
Seller's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
List Price
$565,000
Sold Price
$350,000
Premium/Discount to List
-$215,000
-38.05%
Current Estimated Value
$552,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,890
Avg. Annual Appreciation
6.17%
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
Handel Jason J $299,000 Tri Star Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Rita N $97,404
Previous Owner James Rita N $31,221
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $299,000 -14.6% $145 / Sq Ft
07/26/2017 07/26/17 Sold $350,000 -38.1% $170 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/20/2017 07/20/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $565,000 +34.5% $274 / Sq Ft
02/11/2015 02/11/15 For Sale $420,000 -- $203 / 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 $3,814 $115,450 $58,900 $56,550
2024 $3,814 $112,500 $58,900 $53,600
2023 $3,814 $112,500 $58,900 $53,600
2022 $3,814 $112,500 $58,900 $53,600
2021 $3,881 $112,500 $58,900 $53,600
2020 $3,639 $89,850 $55,550 $34,300
2019 $3,639 $89,850 $55,550 $34,300
2018 $3,639 $89,850 $55,550 $34,300
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Reed

    Seller's Agent in 2017

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    22 in this area

    139 Total Sales

    Jimmy Reed
    Section Image
  • Bob Geabhart

    Buyer's Agent in 2017

    Bob Geabhart

    Crye-Leike

    (901) 830-8811

    17 Total Sales

    Bob Geabhart
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9995059

Memphis Area Association of REALTORS®

APN: D0-221-0-0568

Tennessee Shelby County Eads 38028 Gray's Creek

525 Houston Hill Rd, Eads, TN

This home is located at 525 Houston Hill Rd, Eads, TN 38028 since 06 February 2017 and is currently estimated at $552,890, approximately $267 per square foot. 525 Houston Hill Rd 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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