NOT LISTED FOR SALE

7257 E Shelby Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $105,000 - $115,421

1.27 Acres
$86,780 Price per Acre
55,321 Sq Ft Lot

Sale Details

Date Sold: June 5, 2019

Last sale price $75,000

Est. 47% increase in value since last sale

Current estimated payment $697 / mo

136 Days on Market

Highlights

  • 1.27 Acre Lot
  • Corner Lot
  • Level Lot

About This Lot

As of June 2019

!!! THIS IS LIKE A DREAM COME TRUE!!! Imagine having your own day care center or office built to your specs on one of the hottest spot in east Memphis. You can have the building built and lease or lease purchase the building after completion. Take advantage of the Premium location on Germantown Rd and Shelby Dr a high traffic corner. The land is beautiful with some trees and great visibility. This commercial lot already approved for office or day care center. L

Last Agent to Sell the Property

Oliver Peyton

The Peyton Co., Inc., REALTORS License #14896 Listed on: 01/19/2019

Last Buyer's Agent

Oliver Peyton

The Peyton Co., Inc., REALTORS License #14896 Listed on: 01/19/2019

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.27 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned land

Community Details

  • Pinnacle Heights Cp Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255 00023

Property Details

Property Type

Land

Lot Details

1.27 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: GERMANTOWN RD
  • Location: Corner
  • MAAR Subdivision Name: PINNACLE HEIGHTS CP
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Public Sewer

Association/Amenities

  • Uses Of Adjacent Area: Retail, Food Service, Professional Office, Commercial, Residential, Multi-Family, Church

Lot Info

  • Lot Number: N 5
  • Acreage: 1.27
  • Lot Size: 220.94 X 234.63 IRR
  • Zoning: land
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Level, Rolling
  • Zoning Of Adjacent Area: Commercial

Tax Info

  • Assessor Parcel Number: D0255 00023

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
Jan 19, 2019
Closed on
Jun 5, 2019
Sold by
Bought by
Seller's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
List Price
$99,500
Sold Price
$75,000
Premium/Discount to List
-$24,500
-24.62%
Current Estimated Value
$110,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,211
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Jan 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southern Shelby County, TN

  • Bill Murdock Real Estate Agent - Crye-Leike of MS

    Bill Murdock

    Crye-Leike of MS

    (901) 437-0162

    186 Total Sales

    1 in Southern Shelby County

    $389,000 Price

    Bill Murdock
     Section Image
  • Katrina Smith Real Estate Agent - Keller Williams

    Katrina Smith

    Keller Williams

    (901) 441-8875

    33 Total Sales

    1 in Southern Shelby County

    $390,000 Price

    Katrina Smith
     Section Image
  • Leaser Coleman Real Estate Agent - Empire Realty, LLC

    Leaser Coleman

    Empire Realty, LLC

    (901) 582-5586

    11 Total Sales

    2 in Southern Shelby County

    $310K - $342K Price Range

    Leaser Coleman
     Section Image
  • Lisa Utterback Real Estate Agent - Crye-Leike Hernando

    Lisa Utterback

    Crye-Leike Hernando

    (901) 979-4206

    181 Total Sales

    1 in Southern Shelby County

    $389,000 Price

    Lisa Utterback
     Section Image
  • Tony Lavelle Real Estate Agent - BHHS McLemore & Co. Realty

    Tony Lavelle

    Responds Quickly

    BHHS McLemore & Co. Realty

    (901) 403-8295

    51 Total Sales

    4 in Southern Shelby County

    $249K - $412K Price Range

    Tony Lavelle
     Section Image
  • Vashti Parson Real Estate Agent - C21 Patterson & Assoc. Real Es

    Vashti Parson

    C21 Patterson & Assoc. Real Es

    (901) 441-8931

    25 Total Sales

    2 in Southern Shelby County

    $299K - $330K Price Range

    Vashti Parson
     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
$75,000 None Available
$158,200 Southern Trust Title Company
$180,000 Southern Trust Title Company
$179,000 Southern Trust Title Company
$130,000 Southern Escrow Title Co
-- --
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
Previous Owner $143,200
Previous Owner $105,000
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
06/05/2019 06/05/19 Sold $75,000 -24.6% --
01/19/2019 01/19/19 For Sale $99,500 -- --
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 $1,075 $39,960 $39,960
2024 $1,203 $35,480 $35,480
2023 $1,203 $35,480 $35,480 $0
2022 $1,203 $35,480 $35,480 $0
2021 $1,437 $35,480 $35,480 $0
2020 $1,437 $35,480 $35,480 $0
2019 $2,569 $35,480 $35,480 $0
2018 $1,437 $35,480 $35,480 $0
2017 $1,458 $35,480 $35,480 $0
2016 $3,258 $74,560 $0 $0
2014 $3,258 $74,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Oliver Peyton Real Estate Agent - The Peyton Co., Inc., REALTORS

    Seller's Agent in 2019

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 351-8692

    4 in this area

    40 Total Sales

    Oliver Peyton
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10044328

Memphis Area Association of REALTORS®

APN: D0-255-0-0023

Tennessee Shelby County Memphis 38125 Southern Shelby County

7257 E Shelby Dr, Memphis, TN

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