NOT LISTED FOR SALE

Estimated Value: $922,427

4 Beds
3 Baths
5,250 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 109 Madison Ave, Memphis, TN 38103 and is currently estimated at $922,427, approximately $175 per square foot. 109 Madison Ave is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Wasetta Properties Llc
Bought by
Cossitt Flats Llc
Current Estimated Value
$922,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Outstanding Balance
$603,379
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$299,786

Purchase Details

Closed on
Jul 12, 2012
Sold by
Chandler & Chandler Inc
Bought by
Wasetta Properties Llc

Purchase Details

Closed on
Jan 5, 2009
Sold by
Wallace Richard E
Bought by
Chandler & Chandler Inc

Purchase Details

Closed on
Jan 6, 2006
Sold by
109 Madison Llc
Bought by
Wallace Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1998
Sold by
Curbo Charles R and Curbo Kelli
Bought by
109 Madison Properties Llc

Purchase Details

Closed on
Jul 14, 1997
Sold by
Curbo Charles R
Bought by
Curbo Kelli Karen
Source: Public Records

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.

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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.

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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.

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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.

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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
Cossitt Flats Llc $820,000 None Available
Wasetta Properties Llc $175,000 None Available
Chandler & Chandler Inc $152,257 None Available
Wallace Richard $225,000 Stewart Title Of Memphis Inc
109 Madison Properties Llc $50,000 --
Curbo Kelli Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cossitt Flats Llc $656,000
Previous Owner Wallace Richard $135,000
Previous Owner Wallace Richard E $90,000
Source: Public Records

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 $10,306 $304,000 $22,400 $281,600
2024 $10,306 $304,000 $22,400 $281,600
2023 $18,519 $304,000 $22,400 $281,600
2022 $18,519 $304,000 $22,400 $281,600
2021 $10,159 $304,000 $22,400 $281,600
2020 $12,173 $168,000 $22,400 $145,600
2019 $6,396 $168,000 $22,400 $145,600
2018 $10,528 $275,440 $22,400 $253,040
2017 $10,736 $275,440 $22,400 $253,040
2016 $3,354 $76,760 $0 $0
2014 $3,354 $76,760 $0 $0
Source: Public Records

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