NOT LISTED FOR SALE

1940 Jefferson Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $239,000 - $328,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $130,000 $72 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,723/month

Highlights

  • Deck
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Porch

About This Home

As of May 2018

Calling all Investors! Looking for a Great Midtown Location to Rehab just steps from Overton Square?? Here it is! Spacious 3 BR 2 1/2 Bath! Perfect for AirBnB-Rental or Your New Home! Steps from Overton Square-Memphis Zoo-Levitt Shell-Overton Park-Restaurants-Entertainment & minutes from Downtown! Don't miss! Great Location! Make it Yours! Being Sold As Is!

Last Agent to Sell the Property

Melody Bourell

Marx-Bensdorf, REALTORS License #290370 Listed on: 04/24/2018

Last Buyer's Agent

Ben Duke

Sowell, Realtors License #282299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1994

Lot Details

  • 6,098 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,633 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Jefferson Oaks Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 017050 A00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,586

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 746C
  • MAAR Subdivision Name: JEFFERSON OAKS
  • List Price Per Sq Ft: 77
  • Number Of Stories: 2
  • Price Per Sq Ft: 79.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1633
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 9
  • Acreage: 0.14
  • Lot Size: 5882SF .14AC 59X100
  • Price Per Acre: 892857

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 017050 A00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 11, 2018
Sold by
Madlinger Martine C
Bought by
Duke Ben T
Seller's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
Buyer's Agent
Ben Duke
Sowell, Realtors
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$298,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,851
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
May 8, 2006
Sold by
Martin Gregory E
Bought by
Madlinger Ginger G

Purchase Details

Closed on
Apr 30, 1998
Sold by
Parker Charles L and Parker Nicole G
Bought by
Martin Gregory F and Madlinger Ginger G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,850
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Duke Ben T $130,000 Executive Title & Closing In
Madlinger Ginger G -- Executive Title & Closing In
Martin Gregory F $104,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Gregory F $72,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $130,000 +4.0% $81 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $125,000 -- $78 / 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 $1,586 $53,000 $8,750 $44,250
2024 $1,586 $46,775 $11,700 $35,075
2023 $2,849 $46,775 $11,700 $35,075
2022 $2,849 $46,775 $11,700 $35,075
2021 $2,883 $46,775 $11,700 $35,075
2020 $2,931 $40,450 $11,700 $28,750
2019 $2,931 $40,450 $11,700 $28,750
2018 $2,931 $40,450 $11,700 $28,750
2017 $1,663 $40,450 $11,700 $28,750
2016 $1,502 $34,375 $0 $0
2014 $1,502 $34,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melody Bourell

    Seller's Agent in 2018

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    17 in this area

    261 Total Sales

    Melody Bourell
    Section Image

  • B

    Buyer's Agent in 2018

    Ben Duke

    Sowell, Realtors

    (901) 278-4380

    1 in this area

    22 Total Sales

    Ben Duke
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10025529

Memphis Area Association of REALTORS®

APN: 01-7050-A0-0009

Tennessee Shelby County Memphis 38104 Midtown Memphis

1940 Jefferson Ave, Memphis, TN

This home is located at 1940 Jefferson Ave, Memphis, TN 38104 since 24 April 2018 and is currently estimated at $298,851, approximately $166 per square foot. This property was built in 1994. 1940 Jefferson Ave is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes