NOT LISTED FOR SALE

1940 Jefferson Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $227,396 - $423,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2018

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

Est. 127% increase in value since last sale

Current estimated payment $1,707 / mo

3 Days on Market

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

Year Built

  • Built in 1994

Lot Details

  • 6,098 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • 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 located on second floor
  • 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

Year Built

Built in 1994

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: JEFFERSON OAKS
  • List Price Per Sq Ft: 77
  • Number Of Stories: 2
  • 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
  • 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

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
$295,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,099
Avg. Annual Appreciation
10.96%

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:

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

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

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

    18 in this area

    257 Total Sales

    Melody Bourell
    Section Image

  • B

    Buyer's Agent in 2018

    Ben Duke

    Sowell, Realtors

    (901) 278-4380

    2 in this area

    20 Total Sales

    Ben Duke
    Section Image
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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

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