Jennifer Steinmetz
REMAX Experts
(901) 446-2553
22 Total Sales
1 in Midtown Memphis
$348,000 Price
1435 Madison Ave Memphis, TN 38104
Midtown Memphis Neighborhood
10
Beds
--
Bath
8,757
Sq Ft
1912
Built
Highlights
- Efficiency Studio
- Washer and Dryer
- Partially Carpeted
- Laundry Facilities
About This Home
As of February 201411 unit apartment building priced at $35k per unit. Curb Appeal, Brick Exterior, Good Condition, Easy to Lease, 100% Occupied, Good Midtown Location. Drive by the property before calling to schedule a showing, advanced notice to show.
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #232993 Listed on: 01/15/2014
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Property Details
Home Type
- Apartment
Year Built
- Built in 1912
Parking
- Off-Site Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 8,757 Sq Ft Home
- 2-Story Property
- Efficiency Studio
- Partially Carpeted
- Washer and Dryer
Basement
- Partial Basement
- Crawl Space
Lot Details
- Lot Dimensions are 63.5 x 154.5
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Listing and Financial Details
- Tenant pays for security deposit
- Month-to-Month Lease Term
- Assessor Parcel Number 017023 00005
Community Details
Overview
- 11 Units
- Witt Blk 2 Subdivision
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $3,000
- Utility Expense $16,800
- Operating Expense $36,000
- Gross Income $1,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2014
Closed on
Feb 28, 2014
Sold by
Bought by
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brandon Kamm
Revid Investments, LLC
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 22, 2012
Closed on
May 17, 2012
Sold by
Bought by
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
List Price
$300,000
Sold Price
$298,500
Premium/Discount to List
-$1,500
-0.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
Original Mortgage
$238,800
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 15, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,500
Interest Rate
5.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 2007
Sold by
Bought by
Purchase Details
Closed on
Oct 15, 2001
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midtown Memphis, TN
-
Jennifer Steinmetz
-
Walter Jones
Walter Jones
BEST Real Estate Company
(901) 459-5330
86 Total Sales
3 in Midtown Memphis
$140K - $355K Price Range
-
Paige Arnold
Paige Arnold
Crye-Leike, Inc., REALTORS
(901) 422-8066
100 Total Sales
7 in Midtown Memphis
$230K - $480K Price Range
-
Steve Boysen
Steve Boysen
Responds QuicklyCrye-Leike, Inc., REALTORS
(901) 509-9947
172 Total Sales
1 in Midtown Memphis
$348,000 Price
-
Max Rubenstein
Max Rubenstein
Marx-Bensdorf, REALTORS
(901) 437-6525
86 Total Sales
2 in Midtown Memphis
$350K - $1M Price Range
-
Todd Adams
Todd Adams
Keller Williams
(901) 509-9125
109 Total Sales
4 in Midtown Memphis
$235K - $350K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $365,000 | None Available | ||
| $298,500 | None Available | ||
| $425,000 | None Available | ||
| $500,000 | None Available | ||
| $387,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $3,050,658 | ||
| Closed | $295,000 | ||
| Previous Owner | $238,800 | ||
| Previous Owner | $295,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2014 02/28/14 | Sold | $365,000 | -5.2% | $42 / Sq Ft | |
| 02/27/2014 02/27/14 | Pending | -- | -- | -- | |
| 01/15/2014 01/15/14 | For Sale | $385,000 | +29.0% | $44 / Sq Ft | |
| 05/25/2012 05/25/12 | Sold | $298,500 | -0.5% | $30 / Sq Ft | View Prior Sale |
| 04/11/2012 04/11/12 | Pending | -- | -- | -- | |
| 03/22/2012 03/22/12 | For Sale | $300,000 | -- | $31 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,377 | $199,880 | $48,400 | $151,480 |
| 2024 | $6,103 | $180,040 | $37,200 | $142,840 |
| 2023 | $10,967 | $180,040 | $37,200 | $142,840 |
| 2022 | $10,967 | $180,040 | $37,200 | $142,840 |
| 2021 | $11,096 | $180,040 | $37,200 | $142,840 |
| 2020 | $10,901 | $150,440 | $37,200 | $113,240 |
| 2019 | $10,901 | $150,440 | $37,200 | $113,240 |
| 2018 | $10,901 | $150,440 | $37,200 | $113,240 |
| 2017 | $6,183 | $150,440 | $37,200 | $113,240 |
| 2016 | $4,788 | $109,560 | $0 | $0 |
| 2014 | $4,788 | $109,560 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Garland
Seller's Agent in 2014
Chris Garland
Crye-Leike
(901) 338-3226
6 in this area
119 Total Sales
-
Brandon Kamm
B
Buyer's Agent in 2014
Brandon Kamm
Revid Investments, LLC
(901) 485-4848
13 Total Sales
-
David Da Ponte
D
Seller's Agent in 2012
David Da Ponte
Sowell, Realtors
(901) 278-4380
25 in this area
183 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 3288604
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