NOT LISTED FOR SALE

720 Mulberry Ave Selmer, TN 38375

2.04 Acres
-- Price per Acre
88,862 Sq Ft Lot

Last Sold April 02, 2020

Last sale price $116,000

Highlights

  • 2.04 Acre Lot
  • Selmer Elementary School Rated 9+
  • Level Lot

About This Lot

As of April 2020

GREAT LOCATION!!!!! There are two concrete block, mechanic buildings on this property that can be used as rental property. 1-rented. Prop will be sold with a 50 foot Deeded Easement.Good visibility for your business. Property is just down the highway from Walmart, in site of Hwy's 45 & 64 Intersection, close to Hwy's 45 & 57 Intersection, approx 20 miles from Corinth, approx 40 from Jackson, & approx 85 from Memphis. Bldgs could use some repairs.Call and make your appoint to look for yourself.

Last Agent to Sell the Property

Darlene Cagle

Molly Moore Realty License #251126 Listed on: 05/04/2019

Last Buyer's Agent

Darlene Cagle

Molly Moore Realty License #251126 Listed on: 05/04/2019

Property Details

Property Type

  • Land

Lot Details

  • 2.04 Acre Lot
  • Level Lot
  • Property is in below average condition
  • Property is zoned commer

Listing and Financial Details

  • Assessor Parcel Number Portion of Map #099, Parcel #003.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 695A
  • Price Per Sq Ft: 56862.75
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Public Water, Electricity, Public Sewer

Association/Amenities

  • Uses Of Adjacent Area: Commercial

Lot Info

  • Acreage: 2.04
  • Lot Size: 2.04 ac
  • Price Per Acre: 61275
  • Zoning: commer
  • Present Structure: Needs Repair
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Commercial

Tax Info

  • Assessor Parcel Number: Portion of Map #099, Parcel #003.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Apr 2, 2020
Sold by
Tull Chris
Bought by
Lambert Joseph D
Seller's Agent
Darlene Cagle
Molly Moore Realty
Buyer's Agent
Darlene Cagle
Molly Moore Realty
List Price
$145,000
Sold Price
$116,000
Premium/Discount to List
-$29,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,419
Outstanding Balance
$298,912
Interest Rate
3.4%
Mortgage Type
Construction
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
Lambert Joseph D $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Joseph D $337,419
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2020 04/02/20 Sold $116,000 -7.2% --
10/18/2019 10/18/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $125,000 -13.8% --
05/04/2019 05/04/19 For Sale $145,000 -- --
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
2024 -- $210,880 $58,920 $151,960
2023 $4,642 $210,880 $58,920 $151,960
2022 $4,642 $210,880 $58,920 $151,960
2021 $7,161 $250,000 $78,560 $171,440
2020 $3,757 $131,160 $78,560 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10051976

Memphis Area Association of REALTORS®

APN: 055099 00303