NOT LISTED FOR SALE

55 Magnolia Ln Piperton, TN 38017

Estimated Value: $893,000 - $1,322,479

0.68 Acre
$1,719,294 Price per Acre
29,621 Sq Ft Lot

Last Sold May 04, 2021

Last sale price $107,625

Est. 938% increase in value since last sale

Current estimated payment $6,149/month

580 Days on Market

About This Lot

As of May 2021

Twin Lakes of Piperton is a rural community just minutes from the Town of Collierville and offers 22 acres of dedicated wooded park along the Wolf River and features a 10 acre and 6 acre lake, both of which offer common access to Twin Lakes residents. This upscale, walkable, rural porch community provides more than 40 acres of common open space and abundant outdoor amenities including fishing and canoeing. Both waterfront and five acre equestrian lots are available.

Last Agent to Sell the Property

Gary Thompson

Boyle Investment Company License #266142 Listed on: 09/11/2019

Last Buyer's Agent

Gary Thompson

Boyle Investment Company License #266142 Listed on: 09/11/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $422

Lot Details

  • 0.68 Acre Lot
  • Level Lot

Utilities

  • Septic Tank
  • Phone Available

Community Details

Overview

  • Twin Lakes Of Piperton Subdivision

Recreation

  • Cove

Property Details

Property Type

Land

Est. Annual Taxes

$422

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Cove, Subdivision
  • MLS Map #: 655A
  • MAAR Subdivision Name: Twin Lakes of Piperton
  • Price Per Sq Ft: 158272.06
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

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

Lot Info

  • Lot Number: 116
  • Acreage: 0.68
  • Lot Size: 29,752 sf
  • Price Per Acre: 158272
  • Zoning: res
  • Lots Available: 11-20
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
May 4, 2021
Sold by
Twin Lakes Joint Venture
Bought by
Sepko John Barley and Sepko Shay Blackman
Seller's Agent
Gary Thompson
Boyle Investment Company
Buyer's Agent
Gary Thompson
Boyle Investment Company
List Price
$107,625
Sold Price
$107,625
Current Estimated Value
$1,116,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,009,101
Avg. Annual Appreciation
75.06%
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
Sepko John Barley $29,087,837 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepko Shay Blackman $806,500
Closed Sepko Shay Blackman $910,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $107,625 0.0% --
04/13/2021 04/13/21 Pending -- -- --
09/11/2019 09/11/19 For Sale $107,625 -- --
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
2024 $422 $218,200 $26,250 $191,950
2023 $1,595 $218,200 $0 $0
2022 $422 $26,250 $26,250 $0
2021 $422 $26,250 $26,250 $0
2020 $447 $26,250 $26,250 $0
2019 $447 $23,750 $23,750 $0
2018 $447 $23,750 $23,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10061621

Memphis Area Association of REALTORS®

APN: 024164D A 01800