NOT LISTED FOR SALE

626 Burkhardt Rd Drummonds, TN 38023

Estimated Value: $87,000 - $132,872

12.56 Acres
$8,636 Price per Acre
547,114 Sq Ft Lot

Last Sold October 18, 2017

Last sale price $47,600 $22 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $606/month

75 Days on Market

About This Lot

As of October 2017

Per the most recent survey this 12.56 acre residential lot is across the road from 635 Burkhardt and extends across that paved road into the wooded area (see survey attached). This rolling property offers several options for the layout of a new home being built. There are decorative street lights at the driveway and storage building still on the site. For additional information or to make an offer, visit www.homepath.com. The attached release is needed to enter 635 Burkhardt Rd, across from 626.

Last Agent to Sell the Property

Darnell Tate

Byrd Realty Services, LLC License #224841 Listed on: 07/20/2017

Byrd Realty Services, LLC

Last Buyer's Agent

Darnell Tate

Byrd Realty Services, LLC License #224841 Listed on: 07/20/2017

Byrd Realty Services, LLC

Property Details

Property Type

  • Land

Lot Details

  • 12.56 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Basement

  • Drainage System

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 093 093 03707

Community Details

Overview

  • Burkhardt Road Subdivision
  • The community has rules related to allowing corporate owners

Amenities

  • Door to Door Trash Pickup

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Richardson Landing Road
  • Location: Rural
  • Corporate Own: Yes
  • Miscellaneous: Garbage Pickup
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Rural

Utilities

  • Utilities: Well, Electricity, Septic Tank, Natural Gas

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Acreage: 12.56
  • Lot Size: 11.80
  • Zoning: Resi
  • Improvements: Improved Drainage
  • Lots Available: 1 Only
  • Present Structure: Storage Building, Concrete Slab/Pad
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Rolling
  • Zoning Of Adjacent Area: Single Family, Rural

Tax Info

  • Assessor Parcel Number: 093 093 03707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Nov 17, 2017
Sold by
Federal National Mortgage Association
Bought by
Ferber Edward C and Ferber Kathleen
Seller's Agent
Darnell Tate
Byrd Realty Services, LLC
Buyer's Agent
Darnell Tate
Byrd Realty Services, LLC
List Price
$64,900
Sold Price
$47,600
Premium/Discount to List
-$17,300
-26.66%
Current Estimated Value
$112,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,496
Avg. Annual Appreciation
10.47%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Wallace Deboria D
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 12, 1993
Bought by
Rose Harry C and Rose Debora D

Purchase Details

Closed on
Aug 1, 1983
Bought by
Morgan Paul O and Linda Ann
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Ferber Edward C $47,600 --
Federal National Mtg Associati $107,100 --
Rose Harry C $127,000 --
Morgan Paul O -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2017 10/18/17 Sold $47,600 -26.7% $22 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $64,900 -- $30 / 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 $309 $20,300 $16,000 $4,300
2024 $309 $20,300 $16,000 $4,300
2023 $309 $20,300 $16,000 $4,300
2022 $310 $15,200 $11,750 $3,450
2021 $310 $15,200 $11,750 $3,450
2020 $310 $15,200 $11,750 $3,450
2019 $342 $14,125 $10,875 $3,250
2018 $342 $14,125 $10,875 $3,250
2017 $1,054 $14,125 $10,875 $3,250
2016 $1,054 $43,550 $10,875 $32,675
2015 $1,053 $43,550 $10,875 $32,675
2014 $1,052 $43,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10007378

Memphis Area Association of REALTORS®

APN: 093-037.07