NOT LISTED FOR SALE

1625 Monroe Ave Unit 1 Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $220,000 - $281,000

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2022

Last sale price $295,000 $211 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,521 / mo

118 Days on Market

Highlights

  • Gated Parking
  • Landscaped Professionally
  • Soft Contemporary Architecture
  • Two Primary Bedrooms
  • Wood Flooring
  • End Unit

About This Home

As of September 2022

The Kennedy Gated Community in Midtown! End Unit features Extra Windows, Two story 2/2.5 town home with modern open floor plan. Two Assigned Parking Spaces close to unit, HOA fee covers exterior & grounds maintenance, trash, sewer, landscaping mgmt fees, exterior insurance, gated parking, 2 parking spaces per unit, reserve fund.

Last Agent to Sell the Property

Susie James

Crye-Leike, Inc., REALTORS License #24386 Listed on: 04/22/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Brooke Shannon

Crye-Leike, Inc., REALTORS License #363640

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 150x157.5
  • Wrought Iron Fence
  • Landscaped Professionally

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,236 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Den
  • Security Gate

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • $225 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • The Kennedy Community
  • Ingleside Blk 2 Subdivision
  • Property managed by Wright Property Mana

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

2,352 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KENNEDY CONDOMINIUM
  • Condo: Yes
  • List Price Per Sq Ft: 242
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1236
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Two Primaries, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Island In Kitchen, W/D Connection in Kitchen
  • Other Rooms: Laundry Closet
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Courtyard, Well Landscaped Grounds, Iron Fence
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Gated Parking, Parking Lot, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Electric, Dual System
  • Security: Security Gate
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: The Kennedy
  • Management Company: Wright Property Mana

Fee Information

  • Monthly Maintenance Fee: 225

Lot Info

  • Lot Description: Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 1
  • Lot Size: 150x157.5

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
Apr 22, 2022
Closed on
Sep 19, 2022
Sold by
Bought by
Seller's Agent
Susie James
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brooke Shannon
Crye-Leike, Inc., REALTORS
List Price
$319,900
Sold Price
$295,000
Premium/Discount to List
-$24,900
-7.78%
Views
1
Current Estimated Value
$253,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,418
Avg. Annual Appreciation
-3.97%
Original Mortgage
$265,205
Outstanding Balance
$251,466
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$2,116

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 5, 2021
Sold by
Bought by
Seller's Agent
Nadia Fares
BHHS McLemore & Co. Realty
Buyer's Agent
Susie James
Crye-Leike, Inc., REALTORS
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$250,567
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 3, 2021
Sold by
Bought by
Seller's Agent
Nadia Fares
BHHS McLemore & Co. Realty
Buyer's Agent
Susie James
Crye-Leike, Inc., REALTORS
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,567
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Apr 17, 2020
Closed on
Oct 5, 2020
Sold by
Bought by
Seller's Agent
Nadia Fares
BHHS McLemore & Co. Realty
Buyer's Agent
Nadia Fares
BHHS McLemore & Co. Realty
List Price
$269,900
Sold Price
$269,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Original Mortgage
$229,415
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$295,000 Memphis Title
$269,000 Memphis Title
$269,000 Tri State Title Llc
$269,900 Tri Staate Title Llc
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
Open $265,205
Previous Owner $250,567
Previous Owner $250,567
Previous Owner $229,415
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
09/30/2022 09/30/22 Sold $295,000 -1.3% $246 / Sq Ft
05/20/2022 05/20/22 Price Changed $299,000 -6.5% $249 / Sq Ft
04/22/2022 04/22/22 For Sale $319,900 +18.9% $267 / Sq Ft
05/05/2021 05/05/21 Sold $269,000 0.0% $224 / Sq Ft View Prior Sale
03/01/2021 03/01/21 For Sale $269,000 -0.3% $224 / Sq Ft
10/05/2020 10/05/20 Sold $269,900 0.0% $225 / Sq Ft View Prior Sale
04/17/2020 04/17/20 For Sale $269,900 -- $225 / 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 $1,814 $67,425 $8,875 $58,550
2024 $2,162 $63,775 $8,875 $54,900
2023 $3,885 $63,775 $8,875 $54,900
2022 $3,885 $63,775 $8,875 $54,900
2021 $4,617 $63,775 $8,875 $54,900
Source: Public Records

Agents Affiliated with this Home

  • Susie James

    Seller's Agent in 2022

    Susie James

    Crye-Leike

    (901) 550-0039

    1 in this area

    44 Total Sales

    Susie James
    Section Image

  • B

    Buyer's Agent in 2022

    Brooke Shannon

    Crye-Leike

    Section Image
  • Nadia Fares

    Seller's Agent in 2021

    Nadia Fares

    BHHS McLemore & Co. Realty

    (901) 466-4194

    3 in this area

    73 Total Sales

    Nadia Fares
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122338

Memphis Area Association of REALTORS®

APN: 01-7040-A0-0006

Tennessee Shelby County Memphis 38104 Midtown Memphis

1625 Monroe Ave Unit 1, Memphis, TN

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