NOT LISTED FOR SALE

Estimated Value: $446,514

4 Beds
4 Baths
5,500-5,999 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 20, 2024

Last sale price $455,000 $76 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,618/month

16 Days on Market

Highlights

  • Detached Guest House
  • Gated Parking
  • Sitting Area In Primary Bedroom
  • Home Theater
  • Two Primary Bedrooms
  • Two Primary Bathrooms

About This Home

As of July 2024

Welcome to your newly renovated home in the heart of Memphis! This spacious 2-bedroom, 2-bathroom apartment offers 2,000 square feet of comfortable living space, perfect for long-term stays. Located in Midtown in the vibrant Madison Heights-Medical District neighborhood, you’ll be within walking distance to a variety of local restaurants, shops, entertainment venues, breweries, museums, and medical facilities, ensuring that everything you need is just minutes away.
The apartment combines historic charm with modern amenities. The 10ft ceilings create an airy, open feel, and the space is fully furnished with everything you need to settle in and feel at home. Whether you’re cooking up a gourmet meal in the full-sized chef’s kitchen equipped with stainless steel appliances or enjoying a quiet evening in the natural light-filled living area, this apartment offers the perfect blend of style and functionality.
The main bedroom is a tranquil retreat, featuring a king-sized bed with luxury linens, ample storage, and a cozy reading nook. The second bedroom is equally inviting, with a trundle daybed, a foldout loveseat, and a desk area perfect for working from home. Both bathrooms have been elegantly updated, with the main bathroom offering a spacious shower and plenty of storage, while the second bathroom includes a relaxing tub.
Additional conveniences include free high-speed Wi-Fi, keyless entry, free gated on-site parking, and a private laundry area with a washer and dryer. The apartment is also equipped with a 65" smart TV, a selection of books, and yoga equipment, offering a range of activities for downtime.

Last Agent to Sell the Property

dave scott

BHHS Taliesyn Realty License #311916 Listed on: 04/29/2024

BHHS Taliesyn Realty

Last Buyer's Agent

dave scott

BHHS Taliesyn Realty License #311916 Listed on: 04/29/2024

BHHS Taliesyn Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 88.5 x 154.5
  • Wrought Iron Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 5,332 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Mud Room
  • Great Room
  • Home Theater
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Primary Bedroom located in the basement
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • Driveway
  • Gated Parking
  • Parking Lot

Outdoor Features

  • Courtyard
  • Porch

Additional Homes

  • Detached Guest House

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 017024 00005

Community Details

Overview

  • Voluntary home owners association
  • Raine Pl Blk 1 Subdivision

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 746B
  • MAAR Subdivision Name: RAINE PL BLK 1
  • Number Of Stories: 2
  • Price Per Sq Ft: 85.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5332
  • Year Built: 1920
  • List Price/ Sq Ft: 84
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Kitchen, 1 Bath, Media Room, Office
  • Second Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Two Primaries, Renovated Bathroom, Luxury Primary Bath, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Permanent Attic Stairs, Attic Access, Walk-In Attic, Mud Room, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Laundry Closet, Bonus Room, Office/Sewing Room, Separate Guest House
  • Total Bathrooms: 4
  • P R I M A R Y B E D R O O M: Basement, Level 1, Level 2, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling, Tile Floor, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Courtyard
  • Exterior Windows: Brick Veneer, Wood/Composition, Stone
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Gated Parking, Gate Clickers, Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, Electric, Dual System, 3 or More Systems
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped, Iron Fenced
  • Acreage: 0.31
  • Lot Size: 88.5 X 154.5
  • Price Per Acre: 1451613
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 017024 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 17, 2024
Sold by
Porch Tree Llc
Bought by
Tom And Marie Homes Llc
Seller's Agent
dave scott
BHHS Taliesyn Realty
Buyer's Agent
dave scott
BHHS Taliesyn Realty
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Views
15
Current Estimated Value
$446,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,486
Avg. Annual Appreciation
-1.48%
Original Mortgage
$75,000
Outstanding Balance
$74,104
Interest Rate
6.99%
Estimated Equity
$372,410

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 1, 2024
Sold by
Monroe Development Llc
Bought by
Porch Tree Llc
Seller's Agent
dave scott
BHHS Taliesyn Realty
Buyer's Agent
dave scott
BHHS Taliesyn Realty
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$74,104
Interest Rate
6.99%
Estimated Equity
$372,410

Purchase Details

Closed on
Nov 15, 2016
Sold by
The Darker Law Firm Pllc
Bought by
Monroe Development Llc

Purchase Details

Closed on
Jun 29, 2015
Sold by
Bank Of Bartlett
Bought by
Jrc Investments Llc

Purchase Details

Closed on
Jul 7, 2014
Sold by
Moon Elvin W and Moon Sharon O
Bought by
Bank Of Bartlett

Purchase Details

Closed on
Aug 19, 2002
Sold by
Moon Elvin W
Bought by
Moon Elvin W and Moon Sharon O
Source: Public Records

Range of Values:

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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
Tom And Marie Homes Llc $455,000 Saddle Creek Title
Porch Tree Llc $376,000 Saddle Creek Title
Monroe Development Llc -- None Available
Jrc Investments Llc $129,000 None Available
Bank Of Bartlett $130,500 None Available
Moon Elvin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tom And Marie Homes Llc $75,000
Open Tom And Marie Homes Llc $350,000
Previous Owner Porch Tree Llc $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market $1,400 -- --
01/06/2025 01/06/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $2,400 -- --
10/08/2024 10/08/24 Off Market $1,400 -- --
10/08/2024 10/08/24 Off Market $1,800 -- --
10/08/2024 10/08/24 Off Market $1,400 -- --
10/01/2024 10/01/24 For Rent $2,500 +38.9% --
10/01/2024 10/01/24 For Rent $1,800 +20.0% --
10/01/2024 10/01/24 For Rent $1,500 0.0% --
09/30/2024 09/30/24 For Rent $1,500 -37.5% --
09/25/2024 09/25/24 Price Changed $2,400 +71.4% --
09/25/2024 09/25/24 Price Changed $1,400 0.0% $2 / Sq Ft
09/25/2024 09/25/24 Price Changed $1,400 0.0% $2 / Sq Ft
07/20/2024 07/20/24 Sold $455,000 +1.1% $83 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $450,000 -- $82 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,090 $182,160 $78,680 $103,480
2024 $1,324 $91,160 $63,000 $28,160
2023 $5,553 $91,160 $63,000 $28,160
2022 $5,553 $91,160 $63,000 $28,160
2021 $6,686 $108,480 $63,000 $45,480
2020 $6,536 $90,200 $63,000 $27,200
2019 $6,536 $90,200 $63,000 $27,200
2018 $6,536 $90,200 $63,000 $27,200
2017 $3,707 $90,200 $63,000 $27,200
2016 $3,370 $77,120 $0 $0
2014 $4,342 $99,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171492

Memphis Area Association of REALTORS®

APN: 01-7024-0-0005