NOT LISTED FOR SALE

2 W Ge Patterson Ave Unit 104 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $439,000 - $523,747

2 Beds
2 Baths
2,600-2,799 Sq Ft
2,614 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $310,000 $111 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,935/month

135 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Central Station
  • Whirlpool Bathtub
  • Gated Parking
  • Sitting Area In Primary Bedroom
  • 4-minute walk to Butler Park

About This Home

As of October 2016

This is downtown living. Warehouse conversion offers original heavy beam & post construction & exposed brick walls along with sleek modern updates, resulting in a beautifully functional condo oozing with character. Soaring ceilings & custom lighting invite you into the living/dining and kitchen on the main floor. A large master bedroom & new master bath complete this level. The lower level includes a one of a kind rec room, 2nd bedroom, bathroom, laundry & a wine cellar. 2 gated parking spaces!

Last Agent to Sell the Property

Shelly Rainwater

Ware Jones, REALTORS License #278770 Listed on: 04/25/2016

Ware Jones, REALTORS

Last Buyer's Agent

Bob Timm

Crye-Leike, Inc., REALTORS License #233829

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 2007

Lot Details

  • 2,614

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,780 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Den
  • Shared Basement
  • Security Gate
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Detached Garage
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Additional Features

  • Courtyard
  • Wrought Iron Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002092 C00004

Community Details

Overview

  • 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
  • 20 Units
  • 2 West Community
  • 2 West Condominiums 1St Amend Subdivision

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,412

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Detached Unit Type: General Residential
  • Cross Street: Front Street
  • MLS Map #: 745A
  • MAAR Subdivision Name: 2 WEST CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 118
  • Number Of Stories: 2
  • Price Per Sq Ft: 111.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2780
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath
  • Second Story Floor Plan: Den/Great Room, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Walk-In Closet
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Breakfast Bar, Pantry
  • Misc Interior: Cat/Dog Free House, Common Basement
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Sitting Area, Smooth Ceiling

Exterior Features

  • Misc Exterior: Courtyard
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room, Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: 2 West

Fee Information

  • Monthly Maintenance Fee: 275

Lot Info

  • Lot Description: Level, Iron Fenced
  • Lot Number: UNIT 104
  • Acreage: 0.06
  • Lot Size: .06 acres
  • Price Per Acre: 5483333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002092 C00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Ingram Terry R and Ingram Carol S
Bought by
Donnelly Elizabeth Ann and Carey Joseph William
Current Estimated Value
$484,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2016
Closed on
Oct 21, 2016
Sold by
Black Timothy E and Black Janet M
Bought by
Ingram Terry R and Ingram Carol S
Seller's Agent
Shelly Rainwater
Ware Jones, REALTORS
Buyer's Agent
Bob Timm
Crye-Leike, Inc., REALTORS
List Price
$348,000
Sold Price
$310,000
Premium/Discount to List
-$38,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$248,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2007
Sold by
2 West Inc
Bought by
Black Timothy E and Black Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.05%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Donnelly Elizabeth Ann $400,000 Realty Title & Escrow Co Inc
Ingram Terry R $310,000 Realty Title & Escrow Co
Black Timothy E $369,000 Ctco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Elizabeth Ann $380,000
Closed Donnelly Elizabeth Ann $380,000
Previous Owner Ingram Terry R $248,000
Previous Owner Black Timothy K $250,000
Previous Owner Black Timothy E $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $310,000 -10.9% $119 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $348,000 -- $134 / 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 $3,412 $104,900 $10,650 $94,250
2024 $3,412 $100,650 $10,650 $90,000
2023 $6,131 $100,650 $10,650 $90,000
2022 $6,131 $100,650 $10,650 $90,000
2021 $3,472 $100,650 $10,650 $90,000
2020 $5,463 $75,400 $10,650 $64,750
2019 $2,410 $75,400 $10,650 $64,750
2018 $2,410 $75,400 $10,650 $64,750
2017 $2,467 $75,400 $10,650 $64,750
2016 $2,764 $63,250 $0 $0
2014 $2,764 $63,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelly Rainwater

    Seller's Agent in 2016

    Shelly Rainwater

    Ware Jones, REALTORS

    (901) 337-4001

    4 in this area

    104 Total Sales

    Section Image
  • Bob Timm

    Buyer's Agent in 2016

    Bob Timm

    Crye-Leike

    (901) 490-8080

    30 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9975730

Memphis Area Association of REALTORS®

APN: 00-2092-C0-0004

Tennessee Shelby County Memphis 38103 South Main

2 W Ge Patterson Ave Unit 104, Memphis, TN

This home is located at 2 W Ge Patterson Ave Unit 104, Memphis, TN 38103 since 25 April 2016 and is currently estimated at $484,249, approximately $173 per square foot. This property was built in 2007. 2 W Ge Patterson Ave Unit 104 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Scholars Florida Kansas.

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