NOT LISTED FOR SALE

55 Waring Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $979,000 - $1,088,432

0.72 Acre
$1,453,275 Price per Acre
31,363 Sq Ft Lot

Last Sold August 15, 2018

Last sale price $255,000 $71 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $6,132/month

201 Days on Market

Highlights

  • 0.72 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • White Station High Rated A

About This Lot

As of August 2018

This East Memphis lot is the perfect place to build your dream home. This lot is 113' X 277’ ( 0.72 acres), and located in the Pidgeon Estates area. This lot will not be subdivided.

Last Agent to Sell the Property

Thomas Henze

Hobson, REALTORS License #320931 Listed on: 01/08/2018

Last Buyer's Agent

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881

Property Details

Property Type

  • Land

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 113 x 277
  • Lot Has A Rolling Slope
  • Wooded Lot

Additional Features

  • 3,582 Sq Ft Home
  • City Lot

Community Details

  • Waring Resub Of Lots 1,2 & Pt 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055034 00016

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Walnut Grove
  • Location: City, Subdivision
  • MAAR Subdivision Name: PIDGEON ESTATES
  • List Price Per Sq Ft: 77
  • Estimated Sq Ft: 3582
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 2 and 1
  • Acreage: 0.72
  • Lot Size: 113 X 277
  • Zoning: Res
  • Improvements: Sidewalk
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Deep/Narrow
  • Topographic Feature: Rolling, Wooded
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 055034 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Aug 15, 2018
Sold by
King Masae
Bought by
Mcm Llc
Seller's Agent
Thomas Henze
Hobson, REALTORS
Buyer's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Current Estimated Value
$1,046,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,358
Avg. Annual Appreciation
20.87%
Original Mortgage
$230,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2018
Sold by
Mcm Llc
Bought by
Schaefer Dudley and Schaefer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,071,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2015
Closed on
Apr 13, 2016
Sold by
Forsdick H Lance and Forsdick Mary V
Bought by
King Stephen R
Seller's Agent
Gary Albertine
The Albertine Company
Buyer's Agent
Gary Albertine
The Albertine Company
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%
Original Mortgage
$890,000
Interest Rate
3.64%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 15, 2003
Sold by
Green R Lynn and Green Beverly
Bought by
Forsdick H Lance and Forsdick Mary V
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
Mcm Llc $255,000 Home Surety Title & Escrow
Schaefer Dudley -- None Available
King Stephen R $275,000 Mid South Title Services Llc
Forsdick H Lance $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcm Llc $230,000
Previous Owner Schaefer Dudley $1,071,000
Previous Owner King Stephen R $890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2018 08/15/18 Sold $255,000 -7.3% $71 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $275,000 +7.8% $77 / Sq Ft
06/18/2018 06/18/18 Off Market $255,000 -- --
01/08/2018 01/08/18 For Sale $275,000 0.0% $77 / Sq Ft
04/13/2016 04/13/16 Sold $275,000 -5.1% $77 / Sq Ft View Prior Sale
03/12/2016 03/12/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $289,900 -- $81 / Sq Ft
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 $8,254 $277,350 $58,525 $218,825
2024 $8,254 $243,475 $58,525 $184,950
2023 $14,832 $243,475 $58,525 $184,950
2022 $14,832 $243,475 $58,525 $184,950
2021 $15,005 $243,475 $58,525 $184,950
2020 $14,075 $194,250 $58,525 $135,725
2019 $1,870 $58,525 $58,525 $0
2018 $1,870 $58,525 $58,525 $0
2017 $1,915 $58,525 $58,525 $0
2016 $2,131 $48,775 $0 $0
2014 $2,131 $48,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Henze

    Seller's Agent in 2018

    Thomas Henze

    Hobson, REALTORS

    (901) 833-8419

    9 in this area

    47 Total Sales

    Thomas Henze
    Section Image
  • Jimmy Reed

    Buyer's Agent in 2018

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    25 in this area

    125 Total Sales

    Jimmy Reed
    Section Image
  • Gary Albertine

    Seller's Agent in 2016

    Gary Albertine

    The Albertine Company

    (901) 870-1242

    7 in this area

    19 Total Sales

    Gary Albertine
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018113

Memphis Area Association of REALTORS®

APN: 05-5034-0-0016

Tennessee Shelby County Memphis 38117 East Memphis

55 Waring Rd, Memphis, TN

Not Listed for Sale

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