NOT LISTED FOR SALE

2 W Ge Patterson Ave Unit 208 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $245,000 - $283,538

2 Beds
2.5 Baths
1,421 Sq Ft
1,133 Sq Ft Lot

Last Sold February 27, 2013

Last sale price $225,000 $158 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,736/month

566 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Central Station
  • Updated Kitchen
  • The property is located in a historic district
  • Gated Parking
  • 4-minute walk to Butler Park

About This Home

As of February 2013

CORNER UNIT W/HIGH CEILINGS,BIG WINDOWS,ORIG.BRICKWORK,WOOD CEILINGS,POST&BEAMS*TOTALLY RENOVATED HISTORIC WAREHOUSE*PRIVATE BATH FOR EACH BDRM*SECURE ASSIGNED PARKING*TROLLEY AT FRONT DOOR*1 BLOCK TO RIVERWALK/SOUTH MAIN*170/MONTH COA

Last Agent to Sell the Property

Barbara Cowles

Hobson, REALTORS License #200957 Listed on: 07/06/2011

Last Buyer's Agent

Angie Baker

Epique Realty License #322337

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Wrought Iron Fence
  • Landscaped

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Partial Basement
  • Laundry closet

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Vanity
  • Whirlpool Bathtub

Home Security

  • Security Gate
  • Closed Circuit Camera

Parking

  • Gated Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Deck
  • Outdoor Gas Grill

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002092 C00008

Community Details

Overview

  • Property has a Home Owners Association
  • $170 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, exterior insurance
  • 2 West Condominiums Community
  • 2 West Condominiums 1St Amend Subdivision

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,065

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit
  • Cross Street: FRONT ST.
  • MLS Map #: 745A
  • MAAR Subdivision Name: 2 WEST CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • Number Of Stories: 1
  • Price Per Sq Ft: 158.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1421
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Floors/Ceilings: Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Gas Grill, Deck, Historic District, Well Landscaped Grounds, Sidewalks, Iron Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Partial Basement

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric Heat Pump
  • Security: Security Gate, Limited Access, Dead Bolt Lock(s), Closed Circuit TV
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Exercise Room, Courtyard, On-Site Storage
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: 2 West Condominiums

Fee Information

  • Monthly Maintenance Fee: 170

Lot Info

  • Lot Number: UNIT 208
  • Lot Size: Unit 208

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002092 C00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Ramos Margaret Ann Ferrell and Ramos Margaret Ann
Bought by
Xu Ke and Zheng Qian Fang
Current Estimated Value
$294,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,625
Outstanding Balance
$181,068
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$115,944

Purchase Details

Closed on
Feb 20, 2018
Sold by
Ramos Margaret Ann Ferrell
Bought by
Margaret Ann Ferrell Ramos Living Trust

Purchase Details

Listed on
Jul 6, 2011
Closed on
Feb 27, 2013
Sold by
2 West Partners
Bought by
Ramos Margaret Ann Ferrell
Seller's Agent
Barbara Cowles
Hobson, REALTORS
Buyer's Agent
Angie Baker
Epique Realty
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$157,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 2008
Sold by
2 West Inc
Bought by
2 West Partners
Source: Public Records

Range of Values:

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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
Xu Ke $267,500 None Available
Margaret Ann Ferrell Ramos Living Trust -- None Available
Ramos Margaret Ann Ferrell $225,000 None Available
2 West Partners -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Ke $200,625
Previous Owner Ramos Margaret Ann $20,000
Previous Owner Ramos Margaret Ann Ferrell $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $225,000 -9.6% $158 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
07/06/2011 07/06/11 For Sale $249,000 -- $175 / 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 $2,065 $67,050 $5,550 $61,500
2024 $2,065 $60,925 $5,550 $55,375
2023 $3,711 $60,925 $5,550 $55,375
2022 $3,711 $60,925 $5,550 $55,375
2021 $3,755 $60,925 $5,550 $55,375
2020 $3,971 $54,800 $5,550 $49,250
2019 $1,751 $54,800 $5,550 $49,250
2018 $1,751 $54,800 $5,550 $49,250
2017 $1,793 $54,800 $5,550 $49,250
2016 $2,193 $50,175 $0 $0
2014 $2,193 $50,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Cowles

    Seller's Agent in 2013

    Barbara Cowles

    Hobson, REALTORS

    (901) 351-2365

    9 in this area

    43 Total Sales

    Section Image
  • Angie Baker

    Buyer's Agent in 2013

    Angie Baker

    Epique Realty

    (901) 647-2523

    3 in this area

    16 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3227402

Memphis Area Association of REALTORS®

APN: 00-2092-C0-0008

Tennessee Shelby County Memphis 38103 South Main

2 W Ge Patterson Ave Unit 208, Memphis, TN

This home is located at 2 W Ge Patterson Ave Unit 208, Memphis, TN 38103 since 06 July 2011 and is currently estimated at $265,635, approximately $186 per square foot. This property was built in 2007. 2 W Ge Patterson Ave Unit 208 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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