NOT LISTED FOR SALE

Estimated Value: $122,000

0.31 Acre
$393,548 Price per Acre
13,504 Sq Ft Lot

Last Sold June 17, 2022

Last sale price $5,500 $4 Per Sq Ft

Est. 2,118% increase in value since last sale

Current estimated payment $683/month

112 Days on Market

About This Lot

As of June 2022

Vacant lot, on which to build your next home, in established neighborhood.

Last Listed By

Rebecca Edwards

Keller Williams License #326080 Listed on: 02/18/2022

Keller Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32

Year Built

  • 1922

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 80x172
  • Property is zoned R-6

Utilities

  • Phone Available

Community Details

  • Norwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042012 00021

Property Details

Property Type

Land

Est. Annual Taxes

$32

Year Built

1922

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 742B
  • MAAR Subdivision Name: NORWOOD
  • Price Per Sq Ft: 17741.94
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1922

Exterior Features

  • Road Frontage: Paved

Utilities

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

Lot Info

  • Lot Number: 576-575
  • Acreage: 0.31
  • Lot Size: 80X172
  • Price Per Acre: 22581
  • Zoning: R-6
  • Improvements: Curbs and Gutters, Sidewalk
  • Present Usage: None/Vacant
  • Shape: Regular
  • Zoning Of Adjacent Area: Single Family, Commercial

Tax Info

  • Assessor Parcel Number: 042012 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jun 17, 2022
Sold by
Carolina World Propertys Llc
Bought by
Tallor Vee Enterprises Llc
Seller's Agent
Rebecca Edwards
Keller Williams
Buyer's Agent
Rebecca Edwards
Keller Williams
List Price
$7,000
Sold Price
$5,500
Premium/Discount to List
-$1,500
-21.43%
Total Days on Market
112
Current Estimated Value
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,500
Avg. Annual Appreciation
196.67%

Purchase Details

Closed on
Oct 13, 2021
Sold by
County Of Shelby
Bought by
Carolina World Propertys Llc

Purchase Details

Closed on
Sep 7, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
King Anthony and King Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Frye Jeanne
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Purchase Details

Closed on
Jun 23, 2003
Sold by
Garrett Jacqueline
Bought by
Frye Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
9.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Bankers Trust Co Of California Na
Bought by
Garrett Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
9.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bell Larry
Bought by
Countrywide Home Loans

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Tallor Vee Enterprises Llc $5,500 Apperson Crump Plc
Carolina World Propertys Llc $1,680 None Available
King Anthony $25,000 Landcastle Title Llc
Deutsche Bank National Trust Co $57,140 None Available
Frye Jeanne $60,000 Chicago Title Insurance Co
Garrett Jacqueline $11,500 Memphis Title Company
Bankers Trust Co Of California Na -- Memphis Title Company
Countrywide Home Loans $30,837 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Anthony $51,600
Previous Owner Frye Jeanne $51,000
Previous Owner Bell Larry $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $5,500 -21.4% $4 / Sq Ft
02/18/2022 02/18/22 For Sale $7,000 -- $5 / 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
2024 $32 $950 $950 --
2023 $58 $950 $950 $0
2022 $58 $950 $950 $0
2021 $59 $0 $0 $0
2020 $69 $950 $950 $0
2019 $30 $950 $950 $0
2018 $30 $950 $950 $0
2017 $31 $950 $950 $0
2016 $116 $2,650 $0 $0
2014 $116 $2,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Properties in Memphis, TN

  • 0 N Orleans St, Memphis, TN 38105

    $145,000

    • Land
    • 0.27 Acre
    • $537,037 per Acre
    • 0 N Orleans St
    • Memphis, TN

    There are 2 lots for sale in this package. The price is for Both. These medical center lots are located at the South Entrance to the Orleans Station Development which is a 10 acre development with 16,000 sf of retail and 372 Apartments. Great Location!

    Chris Garland Crye-Leike, Inc., REALTORS

    Section Image
  • 4539 Weaver Rd SW, Memphis, TN 38109

    $100,000

    • Land
    • 0.25 Acre
    • $400,000 per Acre
    • 4539 Weaver Rd SW
    • Memphis, TN

    TWO (2) PARCELS....OVER 12 ACRES..... GREAT LOCATION FOR BUILDING NEW AFFORDAABLE HOUSING IN SOUTHWEST SHELBY COUNTYT..... EXCELLENT FRONTAGE!!! PRICE REDUCED!!!

    Georgia Torrance Torrance Real Estate

    Section Image

Source: Memphis Area Association of REALTORS®

MLS Number: 10117893

Memphis Area Association of REALTORS®

APN: 04-2012-0-0021