NOT LISTED FOR SALE

737 Lucy Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $73,000

0.2 Acre
$365,000 Price per Acre
8,712 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $3,000 $3 Per Sq Ft

Est. 2,333% increase in value since last sale

Current estimated payment $384/month

47 Days on Market

About This Lot

As of July 2020

Vacant Lot - Property is Owned by US Dept. of HUD; case# 482-255244 IN (insurable) subject to appraisal, Seller makes no representations or warranties as to the property condition. HUD homes are sold "as is" Pre-1978 Properties to include LBP Notices, Equal Housing Opportunity, Seller may contribute up to 3% for buyer closing cost upon buyer request

Last Agent to Sell the Property

Chad Engelke

United Real Estate Mid South License #314041 Listed on: 05/07/2020

United Real Estate Mid South

Last Buyer's Agent

Chad Engelke

United Real Estate Mid South License #314041 Listed on: 05/07/2020

United Real Estate Mid South

Property Details

Property Type

  • Land

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 180
  • Level Lot

Location

  • City Lot

Community Details

  • Pond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025046 00008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City, Subdivision
  • MAAR Subdivision Name: POND
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Number: 71
  • Acreage: 0.2
  • Lot Size: 50 X 180
  • Zoning: Res
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 025046 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Aug 18, 2020
Sold by
Argueta Rose and Argueta Federico
Bought by
Farm 6 Llc
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Chad Engelke
United Real Estate Mid South
List Price
$2,000
Sold Price
$3,000
Premium/Discount to List
$1,000
50%
Current Estimated Value
$73,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,000
Avg. Annual Appreciation
78.90%

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 16, 2020
Sold by
Housing And Urban Development Of Wa Dc
Bought by
Argueta Rose and Argueta Federico
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Chad Engelke
United Real Estate Mid South
List Price
$2,000
Sold Price
$3,000
Premium/Discount to List
$1,000
50%

Purchase Details

Closed on
Apr 22, 2020
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 3, 2017
Sold by
Miller Idella and Miller Willie
Bought by
Lakeview Loan Servicing Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farm 6 Llc -- Quality Title Group Llc
Argueta Rose $3,000 Quality Title Group Llc
Secretary Of Housing & Urban Development -- Accommodation
Lakeview Loan Servicing Llc $15,170 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $3,000 +50.0% $3 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $2,000 -33.3% $2 / Sq Ft
05/18/2020 05/18/20 Off Market $3,000 -- --
05/07/2020 05/07/20 For Sale $2,000 -- $2 / 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 $46 $750 $750 $0
2020 $471 $6,500 $750 $5,750
2019 $208 $6,500 $750 $5,750
2018 $208 $6,500 $750 $5,750
2017 $213 $6,500 $750 $5,750
2016 $276 $6,325 $0 $0
2014 $276 $6,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Engelke

    Seller's Agent in 2020

    Chad Engelke

    United Real Estate Mid South

    (901) 490-2760

    56 Total Sales

    Chad Engelke
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076042

Memphis Area Association of REALTORS®

APN: 02-5046-0-0008

Tennessee Shelby County Memphis 38106 South Memphis

737 Lucy Ave, Memphis, TN

Not Listed for Sale

Lots

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