NOT LISTED FOR SALE

856 Pearce St Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $160,000

0.22 Acre
$727,273 Price per Acre
9,583 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $7,000 $4 Per Sq Ft

Est. 2,186% increase in value since last sale

Current estimated payment $1,048/month

88 Days on Market

About This Lot

As of August 2020

Great investment opportunity to revitalize a neighborhood minutes from the Downtown, Harbor Town, Bass Pro Shop, & St Jude. 5 other lots are available in the area. 1098 Pearce St, 846 Pearce St, 665 Pearce St, 815 Ayers & 955 Leon Pl.

Last Agent to Sell the Property

Kathy Newsom

BenchMark REALTORS, LLC License #258525 Listed on: 05/18/2020

Last Buyer's Agent

Sherry Cole

John Green & Co., REALTORS License #272426

Property Details

Property Type

  • Land

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Level Lot
  • Property is zoned MDR

Location

  • City Lot

Community Details

  • Pearce S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027034 00041

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 741D
  • MAAR Subdivision Name: PEARCE
  • Price Per Sq Ft: 31818.18
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Number: 31
  • Acreage: 0.22
  • Lot Size: 50 X 200
  • Price Per Acre: 100000
  • Zoning: MDR
  • Present Usage: None/Vacant
  • Shape: Deep/Narrow
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 027034 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 27, 2020
Sold by
Martin Eric W
Bought by
City Of Memphis & Shelby Cnty Cmnty Rede
Seller's Agent
Kathy Newsom
BenchMark REALTORS, LLC
Buyer's Agent
Sherry Cole
John Green & Co., REALTORS
List Price
$22,000
Sold Price
$7,000
Premium/Discount to List
-$15,000
-68.18%
Total Days on Market
88
Current Estimated Value
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,000
Avg. Annual Appreciation
115.08%

Purchase Details

Closed on
Feb 4, 2019
Sold by
County Of Shelby
Bought by
Martin Eric W
Source: Public Records

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Range of Values:

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Average Value
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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
City Of Memphis & Shelby Cnty Cmnty Rede $37,000 Coventry Escrow & Ttl Co Llc
Martin Eric W -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $7,000 -68.2% $4 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $22,000 -- $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 -- -- -- --
2024 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $54 $750 $750 $0
2019 $27 $0 $0 $0
2018 $0 $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

  • Kathy Newsom

    Seller's Agent in 2020

    Kathy Newsom

    BenchMark REALTORS, LLC

    (901) 337-6905

    6 in this area

    79 Total Sales

    Kathy Newsom
    Section Image
  • Sherry Cole

    Buyer's Agent in 2020

    Sherry Cole

    John Green & Co., REALTORS

    (901) 853-2055

    21 in this area

    107 Total Sales

    Sherry Cole
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076841

Memphis Area Association of REALTORS®

APN: 02-7034-0-0041

Tennessee Shelby County Memphis 38107 North Memphis

856 Pearce St, Memphis, TN

This home is located at 856 Pearce St, Memphis, TN 38107 since 18 May 2020 and is currently estimated at $160,000, approximately $87 per square foot. 856 Pearce St is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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