Memphis Housing Authority v. Newton

MATHERNE, Judge.

The Memphis Housing Authority condemned the defendant’s property as a part of the Beale Street Urban Renewal Project in Memphis, Tennessee. Two appraisers for the owner valued the property at $256,600.00 and $250,000.00; the condemner’s appraisers valued the property at $115,000.00 and $100,000.00. The jury verdict was for $235,000.00.

On appeal the condemner insists the Trial Court erred in permitting evidence of three prior sales because those sales reflected enhanced values brought about by the Urban Renewal Project; the Court erred in rejecting one prior sale offered by the…