NOT LISTED FOR SALE

6016 Elmore Rd Memphis, TN 38134

Estimated Value: $327,000 - $367,324

1.75 Acres
$195,189 Price per Acre
76,230 Sq Ft Lot

Last Sold January 19, 2023

Last sale price $110,000 $41 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $2,140/month

220 Days on Market

Highlights

  • 1.75 Acre Lot
  • Altruria Elementary School Rated A-
  • Level Lot

About This Lot

As of January 2023

Looking for an established area with a nice views this rare 1.75 acres is waiting for you.

Last Agent to Sell the Property

Sabrina Scantlin

Real Estate Mart of TN, Inc. License #273782 Listed on: 06/13/2022

Last Buyer's Agent

Camela Henke

Enterprise, REALTORS License #307460

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,853

Lot Details

  • 1.75 Acre Lot
  • Level Lot
  • Property is zoned resd

Community Details

  • Keppel Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0166 00007

Property Details

Property Type

Land

Est. Annual Taxes

$3,853

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 854F
  • MAAR Subdivision Name: KEPPEL ESTATES
  • Price Per Sq Ft: 62857.14
  • Miscellaneous: Easement(s)
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: PT 10
  • Acreage: 1.75
  • Lot Size: 1.75
  • Price Per Acre: 71429
  • Zoning: resd
  • Lots Available: 1 Only
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: B0166 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jan 12, 2023
Sold by
Madison Trust Company
Bought by
Reed Mark D and Reed Anna
Seller's Agent
Sabrina Scantlin
Real Estate Mart of TN, Inc.
Buyer's Agent
Camela Henke
Enterprise, REALTORS
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
95
Current Estimated Value
$341,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,581
Avg. Annual Appreciation
52.38%
Original Mortgage
$288,800
Outstanding Balance
$279,387
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$62,194

Purchase Details

Closed on
Dec 14, 2021
Sold by
Pacific Premier Trust
Bought by
Madison Trust Co

Purchase Details

Closed on
Oct 22, 2021
Sold by
Pacific Fremier Trust
Bought by
Madison Trusts

Purchase Details

Closed on
Aug 16, 2021
Sold by
Immanuel Lutheran Church Memphis
Bought by
Pacific Premier Trusts and Dan Hesse Roth Ira

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 11, 2019
Sold by
Hull Gary and Hull Rosalyn
Bought by
Immanuel Lutheran Church
Seller's Agent
Shannan McWaters
The Firm
Buyer's Agent
Shannan McWaters
The Firm
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
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 Buyer Sale Price Title Company
Reed Mark D $361,000 --
Madison Trust Co -- None Listed On Document
Madison Trusts -- None Available
Pacific Premier Trusts $308,300 Coventry Escrow & Ttl Co Llc
Immanuel Lutheran Church $305,000 Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Mark D $288,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2023 01/19/23 Sold $110,000 -12.0% $41 / Sq Ft
06/13/2022 06/13/22 For Sale $125,000 -59.0% $47 / Sq Ft
07/12/2019 07/12/19 Sold $305,000 -3.2% $117 / Sq Ft View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $315,000 +21.2% $121 / Sq Ft
11/13/2012 11/13/12 Sold $260,000 -10.3% $100 / Sq Ft View Prior Sale
10/26/2012 10/26/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $289,900 -- $112 / 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 $3,853 $94,700 $20,750 $73,950
2024 $3,853 $67,900 $18,450 $49,450
2023 $3,853 $75,250 $25,800 $49,450
2022 $3,853 $75,250 $25,800 $49,450
2021 $1,317 $75,250 $25,800 $49,450
2020 $3,513 $59,750 $21,975 $37,775
2019 $1,093 $59,750 $21,975 $37,775
2018 $2,420 $59,750 $21,975 $37,775
2017 $3,549 $59,750 $21,975 $37,775
2016 $2,871 $65,700 $0 $0
2014 $2,871 $65,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126247

Memphis Area Association of REALTORS®

APN: B0-166-0-0097