NOT LISTED FOR SALE

566 Island Forty Rd Memphis, TN 38127

Estimated Value: $244,697

3 Beds
2 Baths
2,400-2,599 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $140,000 $54 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,368/month

12 Days on Market

Highlights

  • Lake On Lot
  • Traditional Architecture
  • Bonus Room
  • 25.07 Acre Lot
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of March 2018

Beautiful rolling 25(+/-) fenced acres backing up to Shelby Forest State Park. Two small ponds located back of the property. Greenbelt. Two houses. 3 bed/ 2 bath with double garage. 2 bed/ 1 bath. Both being sold "As is." Call for additional information.

Last Agent to Sell the Property

Keith Carroll

Crye-Leike, Inc., REALTORS License #342920 Listed on: 02/08/2018

Co-Listed By

Nancy Carroll

Crye-Leike, Inc., REALTORS License #226170

Last Buyer's Agent

Keith Carroll

Crye-Leike, Inc., REALTORS License #342920 Listed on: 02/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1959

Lot Details

  • 25.07 Acre Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,519 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Bonus Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Lake On Lot
  • Central Heating and Cooling System

Community Details

  • H B Ramsey Estate Partition Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0123 00185

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 721A
  • MAAR Subdivision Name: RAMSEY ESTATE
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 55.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2519
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property
  • Lot Number: 8
  • Acreage: 25.07
  • Lot Size: 25
  • Price Per Acre: 7180

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0123 00185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Buried Treasures Llc
Bought by
Mahannah Michael
Current Estimated Value
$244,697

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 2, 2018
Sold by
Sigler Evelyn D
Bought by
Buried Treasures Llc
Seller's Agent
Keith Carroll
Crye-Leike, Inc., REALTORS
Buyer's Agent
Keith Carroll
Crye-Leike, Inc., REALTORS
List Price
$180,000
Sold Price
$140,000
Premium/Discount to List
-$40,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
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
Mahannah Michael $140,000 None Listed On Document
Buried Treasures Llc $140,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $140,000 -22.2% $58 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $180,000 -- $75 / 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 $544 $17,075 $16,225 $850
2024 $544 $16,050 $15,400 $650
2023 $544 $16,050 $15,400 $650
2022 $1,217 $35,900 $35,250 $650
2021 $2,710 $78,550 $35,250 $43,300
2020 $2,396 $59,150 $35,250 $23,900
2019 $2,396 $59,150 $35,250 $23,900
2018 $2,479 $61,200 $37,300 $23,900
2017 $2,515 $61,200 $37,300 $23,900
2016 $1,349 $60,075 $0 $0
2014 $1,349 $60,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10020097

Memphis Area Association of REALTORS®

APN: D0-123-0-0294