127 Madison Ave Unit 501 Memphis, TN 38103
Downtown Memphis Neighborhood
2
Beds
2
Baths
1,200-1,399
Sq Ft
174
Sq Ft Lot
Highlights
- Spa
- Traditional Architecture
- Balcony
- Updated Kitchen
- Wood Flooring
- 2-minute walk to Court Square
About This Home
As of July 2020This home is located at 127 Madison Ave Unit 501, Memphis, TN 38103 and is currently priced at $250,000, approximately $208 per square foot. This property was built in 1908. 127 Madison Ave Unit 501 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.
Last Agent to Sell the Property
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE Listed on: 10/08/2016
Property Details
Home Type
- Condominium
Year Built
- Built in 1908
Lot Details
- Landscaped
Parking
- Parking Garage Space
Home Design
- Traditional Architecture
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,217 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Aluminum Window Frames
- Combination Dining and Living Room
- Washer and Dryer Hookup
Kitchen
- Updated Kitchen
- Breakfast Bar
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Spa
- Balcony
- Courtyard
- Outdoor Storage
- Outdoor Gas Grill
Utilities
- Central Air
- Radiant Ceiling
Listing and Financial Details
- Assessor Parcel Number 002058 A00007
Community Details
Overview
- Property has a Home Owners Association
- 24 Units
- High-Rise Condominium
- The Goodwyn Community
- Goodwyn Condominiums 3Rd Amend Subdivision
- Property managed by EZR Management
Recreation
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2020
Closed on
Jul 15, 2020
Sold by
Kaluzny David Adam and Kaluzny Tracy
Bought by
Okui Glen and Okui Abigail
Seller's Agent
Amy Woods
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kendall Haney
901 Real Estate Services
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346
Avg. Annual Appreciation
1.00%
Original Mortgage
$209,000
Outstanding Balance
$186,972
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$133,986
Purchase Details
Listed on
Oct 8, 2016
Closed on
Nov 14, 2016
Sold by
Germany Jeffrey D and Germany Margo M
Bought by
Kaluzny Adam and Kaluzny Tracy
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Amy Woods
Crye-Leike, Inc., REALTORS
List Price
$250,000
Sold Price
$250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$242,500
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2010
Sold by
First Tennessee Bank National Associatio
Bought by
Germany Jeffrey D and Germany Margo M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 21, 2009
Sold by
Goodwyn Institute Properties Llc
Bought by
First Tennessee Bank National Associatio
Similar Homes in Memphis, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | None Available | |
| Warranty Deed | $250,000 | Realty Title | |
| Special Warranty Deed | $185,000 | Chicago Title Ins Co | |
| Trustee Deed | $4,500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $209,000 | New Conventional | |
| Previous Owner | $242,500 | New Conventional | |
| Previous Owner | $143,000 | New Conventional | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $157,250 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $305,000 | -5.9% | $254 / Sq Ft |
| 06/11/2020 06/11/20 | Price Changed | $324,000 | -4.7% | $270 / Sq Ft |
| 05/15/2020 05/15/20 | Price Changed | $339,900 | -2.9% | $283 / Sq Ft |
| 03/26/2020 03/26/20 | For Sale | $350,000 | +40.0% | $292 / Sq Ft |
| 11/18/2016 11/18/16 | Sold | $250,000 | 0.0% | $208 / Sq Ft |
| 10/08/2016 10/08/16 | Pending | -- | -- | -- |
| 10/08/2016 10/08/16 | For Sale | $250,000 | -- | $208 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $85,875 | $1,125 | $84,750 |
| 2024 | -- | $59,275 | $1,125 | $58,150 |
| 2023 | $3,611 | $59,275 | $1,125 | $58,150 |
| 2022 | $3,611 | $59,275 | $1,125 | $58,150 |
| 2021 | $3,653 | $59,275 | $1,125 | $58,150 |
| 2020 | $3,844 | $53,050 | $1,125 | $51,925 |
| 2019 | $1,695 | $53,050 | $1,125 | $51,925 |
| 2018 | $1,695 | $53,050 | $1,125 | $51,925 |
| 2017 | $1,736 | $53,050 | $1,125 | $51,925 |
| 2016 | $2,300 | $52,625 | $0 | $0 |
| 2014 | $2,300 | $52,625 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Woods
Seller's Agent in 2020
Amy Woods
Crye-Leike
(901) 485-7005
3 in this area
104 Total Sales
-
Kendall Haney
Buyer's Agent in 2020
Kendall Haney
901 Real Estate Services
(901) 218-8887
8 in this area
96 Total Sales
-
N
Seller's Agent in 2016
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9991874
APN: 00-2058-A0-0007
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