NOT LISTED FOR SALE

1625 Monroe Ave Unit 2 Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $229,000 - $264,000

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $269,500 $193 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,446/month

91 Days on Market

Highlights

  • Landscaped Professionally
  • Soft Contemporary Architecture
  • 2 Car Attached Garage
  • Wood Flooring
  • Den
  • Double Pane Windows

About This Home

As of May 2024

The Kennedy , the coolest gated condo complex in all of Midtown. 2-story unit Downstairs has open floor plan & 9ft smooth ceilings. Gorgeous hardwood floors, spacious kitchen with S/S appliances, breakfast bar, island, laundry closet w/full size stackables. Upstairs - Two bedrooms with en-suite full bath & lots of natural light. Lock and Leave Living located close to Overton Square, Restaurants and Shopping, Medical District & Downtown. Includes Two assigned gated parking spaces. Move-in ready!

Last Agent to Sell the Property

Chris Garland

Crye-Leike, Inc., REALTORS License #232993 Listed on: 02/01/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Andriona Thomas

C21 Patterson & Assoc. Real Es License #360896

C21 Patterson & Assoc. Real Es

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

Lot Details

  • 2,178 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped Professionally

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,200 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • $275 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • 5 Units
  • The Kennedy Community
  • The Kennedy Condominium Subdivision
  • Property managed by Wright Property MGMT

Listing and Financial Details

  • Assessor Parcel Number 017040 A00007

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Town House
  • Cross Street: Belvedere
  • MAAR Subdivision Name: KENNEDY CONDOMINIUM
  • Condo: Yes
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1200
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Private Full Bath, Hardwood Floor
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Pantry
  • Other Rooms: Laundry Closet
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Iron Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central, Electric Heat Pump
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: The Kennedy
  • Management Company: Wright Property MGMT

Fee Information

  • Monthly Maintenance Fee: 275

Lot Info

  • Lot Description: Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 2
  • Acreage: 0.05

Tax Info

  • Assessor Parcel Number: 017040 A00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 31, 2024
Sold by
Frank Christian James and Frank Jennifer
Bought by
Burke Rekhel
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Andriona Thomas
C21 Patterson & Assoc. Real Es
List Price
$269,900
Sold Price
$269,500
Premium/Discount to List
-$400
-0.15%
Views
457
Current Estimated Value
$240,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,676
Avg. Annual Appreciation
-6.06%
Original Mortgage
$261,415
Outstanding Balance
$258,174
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$17,350

Purchase Details

Listed on
May 9, 2021
Closed on
May 28, 2021
Sold by
1619 Monroe Llc
Bought by
Frank Christian James and Frank Jennifer
Seller's Agent
Nadia Fares
BHHS McLemore & Co. Realty
Buyer's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
List Price
$259,900
Sold Price
$257,000
Premium/Discount to List
-$2,900
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$226,000
Interest Rate
2.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burke Rekhel $269,500 Executive Title & Closing
Frank Christian James $257,000 Tri State Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Rekhel $261,415
Previous Owner Frank Christian James $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $269,500 0.0% $225 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/21/2024 04/21/24 Price Changed $269,500 -0.1% $225 / Sq Ft
03/19/2024 03/19/24 Price Changed $269,800 0.0% $225 / Sq Ft
02/01/2024 02/01/24 For Sale $269,900 +5.0% $225 / Sq Ft
06/10/2021 06/10/21 Sold $257,000 -1.1% $214 / Sq Ft View Prior Sale
05/09/2021 05/09/21 For Sale $259,900 -- $217 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,162 $67,425 $8,875 $58,550
2024 $2,162 $63,775 $8,875 $54,900
2023 $2,162 $63,775 $8,875 $54,900
2022 $3,885 $63,775 $8,875 $54,900
2021 $3,930 $63,775 $8,875 $54,900
Source: Public Records

Agents Affiliated with this Home

  • Chris Garland

    Seller's Agent in 2024

    Chris Garland

    Crye-Leike

    (901) 338-3226

    7 in this area

    120 Total Sales

    Chris Garland
    Section Image
  • Andriona Thomas

    Buyer's Agent in 2024

    Andriona Thomas

    C21 Patterson & Assoc. Real Es

    (901) 552-8781

    1 in this area

    25 Total Sales

    Andriona Thomas
    Section Image
  • Nadia Fares

    Seller's Agent in 2021

    Nadia Fares

    BHHS McLemore & Co. Realty

    (901) 466-4194

    10 in this area

    81 Total Sales

    Nadia Fares
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164960

Memphis Area Association of REALTORS®

APN: 01-7040-A0-0007

Tennessee Shelby County Memphis 38104 Midtown Memphis

1625 Monroe Ave Unit 2, Memphis, TN

Not Listed for Sale

Townhouses

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