585 E Mckellar Ave Memphis, TN 38106
South Memphis Neighborhood
0.25
Acre
$40,000
Price per Acre
10,890
Sq Ft Lot
About This Lot
As of February 2025Prime opportunity to own land in the heart of Memphis! This vacant lot is perfect for investors or developers looking to build new construction or hold for future appreciation. Conveniently located near major roads, schools, shopping, and amenities. The property is level and ready for your vision, whether it’s a single-family home, duplex, or other development opportunities. Don’t miss your chance to secure a piece of real estate in a growing area. Drive by today and see the potential!
Last Agent to Sell the Property
C21 Patterson & Assoc. Real Es License #328947 Listed on: 12/13/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $34
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 75x150
- Level Lot
Community Details
- Longview Hgts 2Nd Addn Blk 232 Subdivision
Listing and Financial Details
- Assessor Parcel Number 049054 00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2024
Closed on
Feb 14, 2025
Sold by
Mitchell Markeyta
Bought by
Jones Donna and Jones Kater
Seller's Agent
Travis Patterson
C21 Patterson & Assoc. Real Es
Buyer's Agent
Travis Patterson
Patterson Commercial R/E Co
List Price
$12,000
Sold Price
$10,000
Premium/Discount to List
-$2,000
-16.67%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40
Avg. Annual Appreciation
1.15%
Purchase Details
Closed on
Dec 16, 2020
Sold by
County Of Shelby
Bought by
Mitchell Markeyta
Similar Properties in Memphis, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $10,000 | None Listed On Document | |
| Quit Claim Deed | $1,550 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $23,914 | Unknown | |
| Previous Owner | $18,991 | Unknown | |
| Previous Owner | $55,250 | Unknown | |
| Previous Owner | $20,413 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | $10,000 | -16.7% | $3 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 12/13/2024 12/13/24 | For Sale | $12,000 | -- | $4 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $34 | $2,000 | $2,000 | -- |
| 2024 | $34 | $1,000 | $1,000 | -- |
| 2023 | $61 | $1,000 | $1,000 | $0 |
| 2022 | $61 | $1,000 | $1,000 | $0 |
| 2021 | $72 | $1,000 | $1,000 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $32 | $1,000 | $1,000 | $0 |
| 2018 | $32 | $1,000 | $1,000 | $0 |
| 2017 | $33 | $1,000 | $1,000 | $0 |
| 2016 | $44 | $1,000 | $0 | $0 |
| 2014 | $825 | $18,875 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Patterson
T
Seller's Agent in 2025
Travis Patterson
C21 Patterson & Assoc. Real Es
2 in this area
77 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10186666
APN: 04-9054-0-0005
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