NOT LISTED FOR SALE

9 Lake Cove Drummonds, TN 38023

Estimated Value: $123,333

1.88 Acres
$65,603 Price per Acre
81,893 Sq Ft Lot

Sale Details

Date Sold: June 12, 2020

Last sale price $28,500

Est. 333% increase in value since last sale

Current estimated payment $696 / mo

240 Days on Market

Highlights

  • Water Views
  • Lake, Pond or Stream
  • Level Lot
  • Home fronts a pond

About This Lot

As of June 2020

GREAT LOT READY TO BUILD ON! HIGH AND DRY ALMOST 2 ACRES WITH A WATER VIEW. PROPERTY TOUCHES A LARGE POND

Last Agent to Sell the Property

Brad Murphy

MidSouth Residential, LLC License #340665 Listed on: 10/05/2019

Co-Listed By

Natalie Murphy

MidSouth Residential, LLC License #350608

Last Buyer's Agent

Kelly Jankovsky

Hometown Realty License #341938

Property Details

Property Type

  • Land

Lot Details

  • 1.88 Acre Lot
  • Home fronts a pond
  • Level Lot

Additional Features

  • Water Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 093C 093D A00900

Community Details

Overview

  • Richardson Lakes Subdivision

Recreation

  • Cove
  • Lake, Pond or Stream

Property Details

Property Type

Land

Lot Details

1.88 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Location: Cove
  • MAAR Subdivision Name: RICHARDSON LAKES
  • Miscellaneous: Pond/Lake, Pond/Lake Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Septic Tank, Natural Gas

Association/Amenities

  • Amenities: Waterfront, Waterview
  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 9
  • Acreage: 1.88
  • Lot Size: 1.88
  • Zoning: RES
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Agriculture

Tax Info

  • Assessor Parcel Number: 093C 093D A00900

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
Oct 5, 2019
Closed on
Jun 12, 2020
Sold by
Bought by
Seller's Agent
Brad Murphy
MidSouth Residential, LLC
Buyer's Agent
Kelly Jankovsky
Hometown Realty
List Price
$33,000
Sold Price
$28,500
Premium/Discount to List
-$4,500
-13.64%
Current Estimated Value
$123,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,833
Avg. Annual Appreciation
27.05%

Purchase Details

Listed on
Dec 31, 2018
Closed on
May 14, 2019
Sold by
Bought by
Seller's Agent
Kaylee J. Oaks
Hometown Realty
Buyer's Agent
Teresa Ervin
2 Rivers Realty, LLC
List Price
$31,000
Sold Price
$29,900
Premium/Discount to List
-$1,100
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.34%
Original Mortgage
$22,425
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 10, 2018
Closed on
Aug 9, 2018
Sold by
Bought by
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.55%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$28,500 Closetrak Closing & Ttl Svcs
$29,900 --
$25,000 --
$31,000 --
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 $22,425
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 Prior Sale
06/12/2020 06/12/20 Sold $28,500 -13.4% --
01/20/2020 01/20/20 Price Changed $32,900 -0.3% --
10/05/2019 10/05/19 For Sale $33,000 +10.4% --
05/15/2019 05/15/19 Sold $29,900 0.0% -- View Prior Sale
02/11/2019 02/11/19 Price Changed $29,900 -3.5% --
12/31/2018 12/31/18 For Sale $31,000 +24.0% --
08/09/2018 08/09/18 Sold $25,000 -10.4% -- View Prior Sale
08/09/2018 08/09/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $27,900 -- --
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 $292 $19,175 $10,225 $8,950
2024 $156 $10,225 $10,225 $0
2023 $156 $10,225 $10,225 $0
2022 $153 $7,500 $7,500 $0
2021 $153 $7,500 $7,500 $0
2020 $153 $7,500 $7,500 $0
2019 $166 $6,850 $6,850 $0
2018 $166 $6,850 $6,850 $0
2017 $166 $6,850 $6,850 $0
2016 $166 $6,850 $6,850 $0
2015 $166 $6,850 $6,850 $0
2014 -- $6,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063482

Memphis Area Association of REALTORS®

APN: 093C-A-009.00

Your Personal Tour Guide

Ask me questions while you tour the home.