NOT LISTED FOR SALE

658 Hernando St Memphis, TN 38126

Downtown Memphis Neighborhood

Estimated Value: $492,255

0.28 Acre
$1,758,054 Price per Acre
12,197 Sq Ft Lot

Sale Details

Date Sold: July 22, 2022

Last sale price $200,000

Est. 146% increase in value since last sale

Current estimated payment $2,738 / mo

31 Days on Market

About This Lot

As of July 2022

Connected to vacant multifamily building (324 E Georgia Ave) located within minutes of Downtown Memphis, FedEx Forum, Beale Street entertainment district, National Civil Rights Museum, Orphum Theatre, restaurants, shopping and much more. Perfect for future multi-story development or vacation Airbnb rental for trips to Memphis.

Last Agent to Sell the Property

Yvonne Spencer

Keller Williams License #361348 Listed on: 02/23/2022

Keller Williams

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330

Crye-Leike Commercial

Range of Values:

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

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 12,197 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned SDR

Community Details

  • Overton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 011004 00015 and 011004 00016

Property Details

Property Type

Land

Lot Details

0.28 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Location: Corner
  • MAAR Subdivision Name: OVERTON
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer

Lot Info

  • Lot Number: 226-227
  • Acreage: 0.28
  • Lot Size: 110X120 plus 65x120
  • Zoning: SDR
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Multi-Family

Tax Info

  • Assessor Parcel Number: 011004 00015 and 011004 00016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jul 22, 2022
Sold by
Bought by
Seller's Agent
Yvonne Spencer
Keller Williams
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$300,000
Sold Price
$200,000
Premium/Discount to List
-$100,000
-33.33%
Current Estimated Value
$492,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,255
Avg. Annual Appreciation
24.57%
Original Mortgage
$400,000
Outstanding Balance
$378,156
Interest Rate
5.78%
Mortgage Type
Seller Take Back
Estimated Equity
$114,099

Purchase Details

Closed on
Jun 22, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Memphis, TN

  • Charles Harris Real Estate Agent - Coldwell Banker Collins-Maury

    Charles Harris

    Coldwell Banker Collins-Maury

    (901) 450-5570

    96 Total Sales

    2 in Downtown Memphis

    $247K - $344K Price Range

    Charles Harris
     Section Image
  • Stephanie Crosslin Real Estate Agent - Crosslin Gist Realty, LLC

    Stephanie Crosslin

    Crosslin Gist Realty, LLC

    (901) 519-3202

    70 Total Sales

    1 in Downtown Memphis

    $185,000 Price

    Stephanie Crosslin
     Section Image
  • John Stamps Real Estate Agent - The Stamps Real Estate Company

    John Stamps

    The Stamps Real Estate Company

    (901) 546-4760

    78 Total Sales

    1 in Downtown Memphis

    $105,500 Price

    John Stamps
     Section Image
  • Laurie McClerkin Real Estate Agent - MidSouth Residential, LLC

    Laurie McClerkin

    MidSouth Residential, LLC

    (901) 450-5724

    102 Total Sales

    1 in Downtown Memphis

    $267,000 Price

    Laurie McClerkin
     Section Image
  • Amy Woods Real Estate Agent - Crye-Leike, Inc., REALTORS

    Amy Woods

    Crye-Leike, Inc., REALTORS

    (901) 295-3319

    98 Total Sales

    2 in Downtown Memphis

    $105K - $158K Price Range

    Amy Woods
     Section Image
  • Todd Adams Real Estate Agent - Keller Williams

    Todd Adams

    Keller Williams

    (901) 509-9125

    108 Total Sales

    2 in Downtown Memphis

    $307K - $380K Price Range

    Todd Adams
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Saddle Creek Title
-- Baymark Title And Escrow
$4,000 None Available
$179,500 Southern Trust Title Company
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $200,000 -33.3% --
02/23/2022 02/23/22 For Sale $300,000 -- --
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $456 $16,960 $16,960
2024 $411 $12,120 $12,120
2023 $738 $12,120 $12,120 $0
2022 $738 $12,120 $12,120 $0
2021 $747 $12,120 $12,120 $0
2020 $481 $6,640 $6,640 $0
2019 $481 $6,640 $6,640 $0
2018 $481 $6,640 $6,640 $0
2017 $273 $6,640 $6,640 $0
2016 $225 $0 $0 $0
2014 $290 $6,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Spencer Real Estate Agent - Keller Williams

    Seller's Agent in 2022

    Yvonne Spencer

    Keller Williams

    (901) 205-6413

    2 in this area

    43 Total Sales

    Yvonne Spencer
    Section Image
  • Jeffrey Moore Real Estate Agent - Crye-Leike

    Buyer's Agent in 2022

    Jeffrey Moore

    Crye-Leike

    (901) 277-0477

    2 in this area

    69 Total Sales

    Jeffrey Moore
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118186

Memphis Area Association of REALTORS®

APN: 01-1004-0-0015

Tennessee Shelby County Memphis 38126 Downtown Memphis

658 Hernando St, Memphis, TN

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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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