$200,000
SOLD NOV 22, 2024

5803 Raleigh Lagrange Rd Memphis, TN 38134

Raleigh Neighborhood
2.42 Acres
$82,645 Price per Acre
105,415 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

35% Below List Price

23 Days on Market

Highlights

  • 2.42 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of November 2024

ONLINE AUCTION - Ends OCT 22 at 12 noon. www.morrisauctiononline.com Sales Price shown is for listing Purposes Only Actual Sales Price will be determined by the high bid accepted at the Auction. 10% Buyer’s Premium applies. Jeff Morris, Auctioneer TN #5248/TN#213238 SEE DOCUMENTS FOR BID REGISTRATION FORMS, INSTRUCTIONS, and AUCTION TERMS & CONDITIONS. PRE- AUCTION OFFERS ARE ENCOURAGED:

Last Agent to Sell the Property

Skip Miller

Morris Realty & Auction, LLC License #291138 Listed on: 10/01/2024

Last Buyer's Agent

Skip Miller

Morris Realty & Auction, LLC License #291138 Listed on: 10/01/2024

Property Details

Property Type

  • Land

Lot Details

  • 2.42 Acre Lot
  • Lot Dimensions are 184.16 x 29
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • Natural Drainage
  • Property is zoned CMU-2

Utilities

  • Phone Available

Community Details

  • Rite Aid Corporation Cp General Plan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088046 00070

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Sycamore
  • Location: Subdivision
  • MLS Map #: 791A
  • MAAR Subdivision Name: RITE AID CORPORATION
  • Price Per Sq Ft: 82644.63
  • Miscellaneous: Easement(s)
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Municipal

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas, Telephone

Association/Amenities

  • Uses Of Adjacent Area: Retail, Commercial

Lot Info

  • Lot Number: NW PT 3
  • Acreage: 2.42
  • Lot Size: 184.16 X 29
  • Price Per Acre: 128099
  • Zoning: CMU-2
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level, Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Commercial
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 088046 00070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 22, 2024
Sold by
Sayani Fahad
Bought by
Oulmouden Mohamed and Zrour Mohamed
Seller's Agent
Skip Miller
Morris Realty & Auction, LLC
Buyer's Agent
Skip Miller
Morris Realty & Auction, LLC
List Price
$310,000
Sold Price
$200,000
Premium/Discount to List
-$110,000
-35.48%
Views
4
Current Estimated Value
$203,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,000
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Dec 29, 2016
Sold by
Dr Clean Carwash Systems Llc
Bought by
Sayani Fahad

Purchase Details

Closed on
Oct 8, 2007
Sold by
Bailey Properties Llc
Bought by
Drive Clean Carwash Systems Llc

Purchase Details

Closed on
Aug 2, 2007
Sold by
Memphis Raleigh Lagrange Carwash Llc
Bought by
Baileys Tunnel Wash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,510,751
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2005
Sold by
Deaderick Joe Garland and Deaderick Joy R
Bought by
Memphis Raleigh Lagrange & Carwash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,010,828
Interest Rate
5.74%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Warranty Deed $17,050 Covenant Escrow Services Tit
Special Warranty Deed $250,000 None Available
Warranty Deed $2,306,260 Chicago Title Insurance Co
Warranty Deed $250,000 None Available
Warranty Deed $543,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,510,751 Purchase Money Mortgage
Previous Owner $2,010,828 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $200,000 -35.5% $157 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $310,000 -- $243 / 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 -- $7,600 $7,600 --
2024 $233 $6,875 $6,875 --
2023 $419 $6,875 $6,875 $0
2022 $419 $6,875 $6,875 $0
2021 $424 $6,875 $6,875 $0
2020 $498 $6,875 $6,875 $0
2019 $498 $6,875 $6,875 $0
2018 $498 $6,875 $6,875 $0
2017 $283 $6,875 $6,875 $0
2016 $300 $6,875 $0 $0
2014 $300 $6,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Skip Miller

    Seller's Agent in 2024

    Skip Miller

    Morris Realty & Auction, LLC

    (901) 335-9519

    3 in this area

    36 Total Sales

    Skip Miller
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182366

Memphis Area Association of REALTORS®

APN: 08-8046-0-0070

Tennessee Shelby County Memphis 38134 Raleigh

5803 Raleigh Lagrange Rd, Memphis, TN

This home is located at 5803 Raleigh Lagrange Rd, Memphis, TN 38134 and is currently priced at $200,000, approximately $156 per square foot. 5803 Raleigh Lagrange Rd is a home located in Shelby County with nearby schools including Shelby Oaks Elementary School, Kingsbury High School, and Kate Bond Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

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