NOT LISTED FOR SALE

585 E Mckellar Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $10,255

0.25 Acre
$41,020 Price per Acre
10,890 Sq Ft Lot

Last Sold February 13, 2025

Last sale price $10,000 $3 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $57/month

62 Days on Market

About This Lot

As of February 2025

Prime 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

Travis Patterson

Century 21 Patterson & Associates Real Estate Co. Brokerage Phone: 9015680805 License #328947 Listed on: 12/13/2024

Century 21 Patterson & Associates Real Estate Co.

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x150
  • Paved or Partially Paved Lot
  • Level Lot

Community Details

  • Longview Hgts 2Nd Addn Blk 232 Subdivision

Listing and Financial Details

  • Tax Lot 6&EPT5
  • Assessor Parcel Number 049054 00005

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Surface Type: Paved
  • Topography: Level
  • View: No
  • Waterfront: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: res
  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size: 75X150
  • Lot Size Units: Acres
  • Parcel #: 049054 00005

Tax Info

  • Tax Annual Amount: 61
  • Tax Lot: 6&EPT5

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
Century 21 Patterson & Associates Real Estate Co.
List Price
$12,000
Sold Price
$10,000
Premium/Discount to List
-$2,000
-16.67%
Views
4
Current Estimated Value
$10,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Dec 16, 2020
Sold by
County Of Shelby
Bought by
Mitchell Markeyta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Jones Donna $10,000 None Listed On Document
Mitchell Markeyta $1,550 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $10,000 -16.7% $3 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
12/13/2024 12/13/24 For Sale $12,000 -- $4 / Sq Ft
Source: Realtracs

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 $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

    Seller's Agent in 2025

    Travis Patterson

    Century 21 Patterson & Associates Real Estate Co.

    (901) 568-0805

    2 in this area

    137 Total Sales

    Travis Patterson
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Map

Source: Realtracs

MLS Number: 3007934

Realtracs

APN: 04-9054-0-0005

Tennessee Shelby County Memphis 38106 South Memphis

585 E Mckellar Ave, Memphis, TN

Not Listed for Sale

Lots

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