NOT LISTED FOR SALE

2196 Madison Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $336,000 - $429,280

3 Beds
2 Baths
2,425 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $435,000 $179 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,253/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of May 2023

Come see this totally renovated duplex just a few doors down from the amazing restaurants and shops in Overton Square. New electrical, new plumbing, new everything completed in 2019 by current owner. Beautiful marble countertops and all stainless steel appliances in renovated kitchens. Incredible investment opportunity or owner/ occupant with renting potential for other unit. Could easily be converted back to single family dwelling.

Last Agent to Sell the Property

Lauren Harkins Wiuff

Ware Jones, REALTORS License #284575 Listed on: 03/24/2023

Ware Jones, REALTORS

Co-Listed By

Stephanie Sheahan

Ware Jones, REALTORS License #326251

Last Buyer's Agent

Brittany Crocitto

JASCO Realty License #336802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1912

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 46x169
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,425 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Coles East End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028004 00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,895

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Single Family Conversion
  • Style: Traditional
  • Second Address Number: WEST
  • MLS Map #: 746D
  • MAAR Subdivision Name: EAST END
  • Freestanding: Yes
  • List Price Per Sq Ft: 179
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 179.38
  • Estimated Sq Ft: 2425
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Disposal, Dishwasher, Microwave
  • Estimated Entire Duplex Sq Ft: 2400-2599

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 46X169
  • Price Per Acre: 2558235

Tax Info

  • Assessor Parcel Number: 028004 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 11, 2023
Sold by
Carroll Joseph D
Bought by
Fletcher Victoria
Seller's Agent
Lauren Harkins Wiuff
Ware Jones, REALTORS
Buyer's Agent
Brittany Crocitto
JASCO Realty
List Price
$434,900
Sold Price
$435,000
Premium/Discount to List
$100
0.02%
Views
22
Current Estimated Value
$393,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,930
Avg. Annual Appreciation
-4.08%
Original Mortgage
$420,481
Outstanding Balance
$410,347
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
-$15,921

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 16, 2013
Sold by
Steinberg David
Bought by
Carroll Joseph
Seller's Agent
David Steinberg
River City Land Co., LLC
Buyer's Agent
David Steinberg
River City Land Co., LLC
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$68,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2013
Sold by
Vlahos Emily Michelle
Bought by
Steinberg David
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fletcher Victoria $435,000 Local Title
Carroll Joseph $85,000 None Available
Steinberg David $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Victoria $420,481
Previous Owner Carroll Joseph D $213,500
Previous Owner Carroll Joseph $25,000
Previous Owner Carroll Joseph $220,000
Previous Owner Carroll Joseph $11,000
Previous Owner Carroll Joseph $68,000
Previous Owner Vlahos Tommy M $33,883
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $435,000 0.0% $179 / Sq Ft
03/24/2023 03/24/23 For Sale $434,900 +411.6% $179 / Sq Ft
04/18/2013 04/18/13 Sold $85,000 -5.5% $48 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $89,900 -- $51 / 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 $1,895 $99,575 $17,775 $81,800
2024 $3,032 $55,900 $9,100 $46,800
2023 $5,448 $89,440 $14,560 $74,880
2022 $5,448 $89,440 $14,560 $74,880
2021 $5,512 $89,440 $14,560 $74,880
2020 $6,345 $87,560 $12,160 $75,400
2019 $6,345 $87,560 $12,160 $75,400
2018 $2,279 $31,450 $7,600 $23,850
2017 $1,293 $31,450 $7,600 $23,850
2016 $1,174 $26,875 $0 $0
2014 $1,174 $26,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Harkins Wiuff

    Seller's Agent in 2023

    Lauren Harkins Wiuff

    Ware Jones, REALTORS

    (901) 859-3565

    4 in this area

    98 Total Sales

    Lauren Harkins Wiuff
    Section Image
  • Stephanie Sheahan

    Seller Co-Listing Agent in 2023

    Stephanie Sheahan

    Ware Jones, REALTORS

    (901) 412-8600

    5 in this area

    94 Total Sales

    Stephanie Sheahan
    Section Image
  • Brittany Crocitto

    Buyer's Agent in 2023

    Brittany Crocitto

    JASCO Realty

    (901) 299-1779

    1 in this area

    44 Total Sales

    Brittany Crocitto
    Section Image

  • D

    Seller's Agent in 2013

    David Steinberg

    River City Land Co., LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144489

Memphis Area Association of REALTORS®

APN: 02-8004-0-0018

Tennessee Shelby County Memphis 38104 Midtown Memphis

2196 Madison Ave, Memphis, TN

This home is located at 2196 Madison Ave, Memphis, TN 38104 since 24 March 2023 and is currently estimated at $393,070, approximately $162 per square foot. This property was built in 1912. 2196 Madison Ave is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Binghampton Campus.

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