NOT LISTED FOR SALE

Estimated Value: $122,000 - $141,785

0.2 Acre
$659,465 Price per Acre
8,712 Sq Ft Lot

Last Sold September 10, 2020

Last sale price $24,000 $11 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $720/month

72 Days on Market

About This Lot

As of September 2020

Great opportunity zone property! Selling as part of land lot #3 consisting of 9 vacant properties.

Last Agent to Sell the Property

Sara Wright

Sell901 Real Estate License #354344 Listed on: 06/06/2020

Last Buyer's Agent

Louis Vick

BEST Real Estate Company License #351606

BEST Real Estate Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180
  • Level Lot

Location

  • City Lot

Community Details

  • Pond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025048 00019

Property Details

Property Type

Land

Est. Annual Taxes

$25

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 747B
  • MAAR Subdivision Name: POND
  • Price Per Sq Ft: 120000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 54
  • Acreage: 0.2
  • Lot Size: 50X180
  • Price Per Acre: 124500
  • Zoning: res
  • Lots Available: 6-10
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 025048 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
County Of Shelby
Bought by
Wright Wesley
Current Estimated Value
$131,893

Purchase Details

Closed on
May 27, 1998
Sold by
Kinsey Portia
Bought by
Kinsey Portia and Pettigrew Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
7.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 26, 1998
Sold by
Pettigrew Curtis
Bought by
Kinsey Portia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
7.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 1998
Sold by
Hayslett John
Bought by
Pettigrew Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1997
Sold by
Nareb Development Company Inc
Bought by
Hud

Purchase Details

Closed on
Apr 19, 1996
Bought by
D & T Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,100
Interest Rate
7.93%
Mortgage Type
FHA
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
Wright Wesley -- None Available
Kinsey Portia -- Stewart Title Company
Kinsey Portia $57,000 Tri State Title & Escrow Inc
Pettigrew Curtis -- Southern Escrow Title Compan
Hud $51,225 --
D & T Ltd $10,500 --
Nareb Development Co $10,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinsey Portia $500
Previous Owner Kinsey Portia $49,600
Previous Owner Pettigrew Curtis $26,000
Previous Owner Nareb Development Co $46,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $24,000 -3.6% $11 / Sq Ft
06/06/2020 06/06/20 For Sale $24,900 -- $12 / 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 $25 $1,425 $1,425 --
2024 $25 $750 $750 --
2023 $46 $750 $750 $0
2022 $46 $750 $750 $0
2021 $54 $750 $750 $0
2020 $54 $750 $750 $0
2019 $24 $750 $750 $0
2018 $21 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079988

Memphis Area Association of REALTORS®

APN: 02-5048-0-0019