NOT LISTED FOR SALE

Estimated Value: $12,420 - $85,000

0.28 Acre
$173,964 Price per Acre
12,197 Sq Ft Lot

Last Sold September 18, 2023

Last sale price $12,250 $14 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $269/month

353 Days on Market

About This Lot

As of September 2023

Terrific development opportunity in a great location. Could be a terrific money maker. Buyer to verify all connections and feasibility.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 09/23/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507

KAIZEN Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 93x134
  • Level Lot

Location

  • City Lot

Community Details

  • Frayser Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069035 00009

Property Details

Property Type

Land

Est. Annual Taxes

$48

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 724A
  • MAAR Subdivision Name: FRAYSER TERRACE
  • Price Per Sq Ft: 43750
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 29
  • Acreage: 0.28
  • Lot Size: 93X134
  • Price Per Acre: 75750
  • Zoning: r
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 069035 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Sep 18, 2023
Sold by
Gandhi Shikha
Bought by
Mid South Homebuyers Gp
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$25,000
Sold Price
$12,250
Premium/Discount to List
-$12,750
-51%
Views
13
Current Estimated Value
$48,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,460
Avg. Annual Appreciation
104.46%

Purchase Details

Closed on
Jun 16, 2008
Sold by
Tcb Investments Llc
Bought by
Gebauer Sean and Gebauer Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 4, 2008
Sold by
First Tennessee Bank Na
Bought by
Tcb Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 1, 2006
Sold by
Tarrance Sharon and Tarrance William R
Bought by
First Tennessee Bank Na

Purchase Details

Closed on
Aug 12, 1994
Bought by
Tarrance William R and Tarrance Sharo
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
Mid South Homebuyers Gp $12,250 None Listed On Document
Gebauer Sean $24,000 None Available
Tcb Investments Llc $12,000 None Available
First Tennessee Bank Na $30,720 None Available
Tarrance William R $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gebauer Sean $48,800
Previous Owner Gebauer Sean $45,000
Previous Owner Tarrance William R $25,000
Previous Owner Tarrance William R $19,174
Previous Owner Tarrance Sharon $35,626
Previous Owner Tarrance Sharon $7,495
Previous Owner Tarrance William R $29,314
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $12,250 -42.2% $14 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $21,210 -8.2% $23 / Sq Ft
03/06/2023 03/06/23 Price Changed $23,100 -7.6% $26 / Sq Ft
09/23/2022 09/23/22 For Sale $25,000 -- $28 / 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 $48 $1,750 $1,750 --
2024 -- $1,425 $1,425 --
2023 $87 $1,425 $1,425 $0
2022 $87 $1,425 $1,425 $0
2021 $103 $1,425 $1,425 $0
2020 $103 $1,425 $1,425 $0
2019 $46 $1,425 $1,425 $0
2018 $46 $1,425 $1,425 $0
2017 $47 $1,425 $1,425 $0
2016 $62 $1,425 $0 $0
2014 $315 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134133

Memphis Area Association of REALTORS®

APN: 06-9035-0-0009