Sold
Last Sold Price
185,130 Lot Size4.25 Acres
lot 5 Island Forty Rd, Memphis, TN 38053
LandProperty Type
4.25 acresLot Size

Description

Great lot and great location to build your Dream Home. Just minutes from Memphis. The Best kept secret in Shelby County! 4.25 Acres. Close to Shelby Forest State Park. Watch the Deer and Turkey from your porch. Country Living with city convenience. Minimum 2500 Sq Ft Heated, No manufactured Homes.Great lot and great location to build your Dream Home. Just minutes from Memphis. The Best kept secret in Shelby County! 4.25 Acres. Close to Shelby Forest State Park. Watch the Deer and Turkey from your porch. Country Living with city convenience. Minimum 2500 Sq Ft Heated, No manufactured Homes.
  • Listed by: Charles Hurt • Real Estate Mart of TN, Inc.
Listing closed: 04/11/2022 12:00 AM • Source: MAARMLS, MLS#: 10102369

Recent comparable sales

Median sold price

$62,500

Avg days on market

323

Sale-to-list ratio

102.2%

Memphis, TN

9 comparable properties found

1

$60,000

Sold 10/14/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,312
Square Feet
1
Acres
a view of outdoor space with mountain view
1/7
2

$20,000

Sold 12/17/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.79
Acres
$69,000 | 981 Rocky Oaks Trail, Memphis, TN 38018
1/2
3

$69,000

Sold 10/03/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.57
Acres
a view of a glass door
1/2
4

$65,000

Sold 12/16/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.66
Acres
$65,000 | 2011 Woodchase Cove, Memphis, TN 38016
1/2
5

$65,000

Sold 03/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.53
Acres
$41,280 | 4710 East Circle Road, Memphis, TN 38127
1/3
6

$41,280

Sold 12/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.66
Acres
a view of a yard
1/13
7

$87,000

Sold 12/31/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.01
Acres
$62,500 | 494 Haynes Street, Memphis, TN 38111
1/5
8

$62,500

Sold 06/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$62,000 | 8697 Walnut Grove Road, Memphis, TN 38018
1/12
9

$62,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres

Location

Listing Courtesy of Real Estate Mart of TN, Inc.

Sold By The Peyton Co., Inc., REALTORS

Add your commute

Payment Calculator

$388 per month

30 year fixed, 6.71% Interest

Principal and Interest

$388

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for Lot 5 Island Forty Road

Property Details
  • MLS Type: Land / Land
  • Area: 721A
  • Location: Rural
Building Information
  • Lot Size: 4.25 AC
Summary
Location and General Information
  • Address: LOT 5 ISLAND FORTY RD
  • Address Search Number: 5
  • Cross Street: Benjestown
  • Directions: Take N Watkins to Fite Rd to Island Forty. Property just west of Benjestown Rd
  • Map Coordinate: A
  • MLS Map Num: Shelby Forest
  • Uses Of Adjacent Area: Pasture, Farm House, Residential
Taxes and HOA Information
  • LVT Date: 06-23-2021
Property
Lot Information
  • Lot Size: 4.25 Acres
  • Acreage: 4.25
  • Improvements: None
  • Lots Available: 2-5
  • Present Usage: None/Vacant
  • Road Frontage: Paved, Rural
  • Shape: Regular
  • Topographic Feature: Rolling, Wooded, Natural Drainage
  • Zoning: Res
  • Zoning Of Adjacent Area: Single Family, Agriculture, Rural, Greenbelt, Park
Property and Assessments
  • Legal: Recorded Subdivision
  • Service Type: Full Service Listing
Utilities
  • Utilities: Electricity, Public Water, Telephone

Property History for Lot 5 Island Forty Road

DateEvent & SourcePriceAppreciation
Apr 11, 2022

Sold

MAARMLS #10102369

$75,000
Mar 25, 2022

Contract Signed

MAARMLS #10102369

Jun 23, 2021

Listed (Active)

MAARMLS #10102369

$75,000
DateEvent & SourcePrice
04/11/2022

Sold

MAARMLS #10102369

$75,000
03/25/2022

Contract Signed

MAARMLS #10102369

06/23/2021

Listed (Active)

MAARMLS #10102369

$75,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Lot 5 Island Forty Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
E. E. Jeter Elementary School
PublicPK to 8

Trezevant High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 38053

$475,000 | 9530 Bolton Estates Road, Millington, TN 38053
1/33

$475,000

4
Bedrooms
3,289
Square Feet
2.14
Acres
$355,990 | 4272 Sandy Hollow Lane, Millington, TN 38053
1/18

$355,990

4
Bedrooms
Unavailable
Square Feet
0.28
Acres
a picture of a tree with a tree in the background
1/22

$454,000

3
Bedrooms
Unavailable
Square Feet
48.63
Acres
a view of a house with a yard
1/17

$351,990

4
Bedrooms
Unavailable
Square Feet
0.36
Acres
$398,000 | 2337 Canney Creek Drive, Millington, TN 38053
1/32

$398,000

4
Bedrooms
Unavailable
Square Feet
4
Acres
a front view of a house with yard
1/15

$347,990

3
Bedrooms
Unavailable
Square Feet
0.28
Acres
a front view of a house with a yard
1/27

$276,900

2
Bedrooms
Unavailable
Square Feet
0.09
Acres
front view of a house with a yard
1/12

$185,000

3
Bedrooms
Unavailable
Square Feet
0.16
Acres
a front view of a house with yard and green space
1/34

$410,000

4
Bedrooms
Unavailable
Square Feet
4
Acres

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Mart of TN, Inc.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.