NOT LISTED FOR SALE

Estimated Value: $1,228,000 - $1,495,116

0.53 Acre
$2,640,325 Price per Acre
23,087 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $250,000

Est. 460% increase in value since last sale

Current estimated payment $8,276/month

Highlights

  • Level Lot
  • Riverdale Elementary School Rated A
  • 4-minute walk to Howard McVay Park

About This Lot

As of December 2014

Fabulous Lot!! Last lot available in the Cove!!

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 10/29/2008

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Darlene Barclay

Garland Company Real Estate, L License #275586

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,918

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number G0230P G00009

Community Details

Overview

  • Mcvay Park Subd Subdivision

Recreation

  • Cove

Property Details

Property Type

Land

Est. Annual Taxes

$9,918

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Cove
  • MLS Map #: 861C
  • MAAR Subdivision Name: MCVAY PARK
  • Price Per Sq Ft: 471698.11
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas, Telephone

Lot Info

  • Lot Number: 9
  • Acreage: 0.53
  • Lot Size: 82.94 X 149.02 IRR
  • Price Per Acre: 640566
  • Zoning: RES
  • Improvements: Curbs and Gutters
  • Lots Available: 2-5
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: G0230P G00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2008
Closed on
Dec 12, 2014
Sold by
Hays Lowell G and Hays Nancy E
Bought by
Akhigbe Churchill and Akhigbe Titilola
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Darlene Barclay
Garland Company Real Estate, L
List Price
$298,500
Sold Price
$250,000
Premium/Discount to List
-$48,500
-16.25%
Current Estimated Value
$1,399,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,149,372
Avg. Annual Appreciation
17.25%
Original Mortgage
$225,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Akhigbe Churchill $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Akhigbe Churchill $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $250,000 -16.2% --
11/13/2014 11/13/14 Pending -- -- --
10/29/2008 10/29/08 For Sale $298,500 -- --
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 $9,918 $368,550 $50,875 $317,675
2024 $9,918 $292,575 $39,750 $252,825
2023 $15,296 $292,575 $39,750 $252,825
2022 $14,814 $292,575 $39,750 $252,825
2021 $15,003 $292,575 $39,750 $252,825
2020 $14,382 $239,700 $39,750 $199,950
2019 $9,708 $239,700 $39,750 $199,950
2018 $9,708 $239,700 $39,750 $199,950
2017 $9,852 $239,700 $39,750 $199,950
2016 $3,127 $71,550 $0 $0
2014 $1,737 $39,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3156738

Memphis Area Association of REALTORS®

APN: G0-230P-G0-0009