596 Walnut St Memphis, TN 38126
South City NeighborhoodEstimated Value: $224,000
0.06
Acre
$3,733,333
Price per Acre
2,614
Sq Ft Lot
Highlights
- Paved or Partially Paved Lot
- Lot Has A Rolling Slope
- No Heating
About This Lot
As of October 2024Here's a Great Oppurtunity to purchase a Vacant lot 2875 Sq ft in the heart of Downtown Memphis!! Great project for a New Build. Just minutes away from the Interstate and West Memphis Bridge. ***Seller is motivated to Sell!!!*** Cash buyers Must show proof of funds.. Property was purchased in a Tax Sale...ZONED CMU-3 COMMERCIAL MIXED USE Development. I have sold several. ~~ Property was purchased in 2018, no redemption period and can obtain Title Insurance with a Risk Endorse Policy added.~~
Property Details
Property Type
- Land
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 29x100
- Paved or Partially Paved Lot
- Lot Has A Rolling Slope
- Property is zoned CMU-3
Community Details
- Hill Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 032002 00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2024
Closed on
Oct 16, 2024
Sold by
Degefe Goshu T
Bought by
Landry Mark
List Price
$7,900
Sold Price
$3,500
Premium/Discount to List
-$4,400
-55.7%
Views
18
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
$220,500
Avg. Annual Appreciation
1981.51%
Purchase Details
Closed on
Apr 26, 2018
Sold by
County Of Shelby
Bought by
Degefe Goshu T
Purchase Details
Closed on
Sep 27, 2001
Sold by
County Of Shelby
Bought by
Baldwin William L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Landry Mark | $3,500 | Tca Title Llc | |
| Degefe Goshu T | $500 | None Available | |
| Baldwin William L | $700 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $3,500 | -55.7% | -- |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 06/30/2024 06/30/24 | For Sale | $7,900 | -- | -- |
Source: Realtracs
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 | -- | $1,375 | $1,375 | -- |
| 2024 | -- | $875 | $875 | -- |
| 2023 | $53 | $875 | $875 | $0 |
| 2022 | $53 | $875 | $875 | $0 |
| 2021 | $63 | $875 | $875 | $0 |
| 2020 | $63 | $875 | $875 | $0 |
| 2019 | $28 | $875 | $875 | $0 |
| 2018 | $30 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $38 | $875 | $0 | $0 |
| 2014 | $38 | $875 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3034282
APN: 03-2002-0-0015
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