NOT LISTED FOR SALE

2225 Madison Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $283,000 - $312,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $229,000 $104 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,833/month

122 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Sun or Florida Room
  • Wood Flooring
  • Victorian Architecture
  • Home Office

About This Home

As of March 2020

Charming Midtown bungalow with many original architectural features and so much character. The living room and dining room have high beamed ceilings, window seats, & lovely windows and doors. There is a spacious downstairs bedroom and 2 or 3 upstairs bedrooms, plus an office or extra room. Original pine floors throughout. This one is special!

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 10/28/2019

Last Buyer's Agent

Linda Sowell

Sowell, Realtors License #50660 Listed on: 10/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 181.75
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Victorian Architecture
  • Bungalow
  • Composition Shingle Roof
  • Stucco Exterior
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,001 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room with Fireplace
  • Sun or Florida Room
  • Partial Basement
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Voluntary home owners association
  • Coles East End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028023 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,225

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Victorian, Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Cox St.
  • MLS Map #: 746D
  • MAAR Subdivision Name: EAST END
  • List Price Per Sq Ft: 117
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 114.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2001
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, Decorative Only, In Living Room, In Other Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Sun Room, Office/Sewing Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck, Wood Fence
  • Exterior Windows: Wood/Composition, Stucco, Wood Window(s), Storm Door(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: E PT 36
  • Acreage: 0.2
  • Lot Size: 50 X 181.75
  • Price Per Acre: 1175000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 028023 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 19, 2020
Sold by
Mckinney Danny Joe
Bought by
Wong Yit H and Wong Melanie C
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%
Current Estimated Value
$302,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,973
Avg. Annual Appreciation
6.03%
Original Mortgage
$171,750
Outstanding Balance
$152,479
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$162,661

Purchase Details

Closed on
Jun 29, 2005
Sold by
Bowen Joy Jeannine Cannon
Bought by
Mckinney Norma Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
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
Wong Yit H $229,000 None Available
Mckinney Norma Y $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Yit H $171,750
Previous Owner Mckinney Norma Y $114,000
Previous Owner Withers Toni K $42,000
Previous Owner Bowen William D $80,000
Previous Owner Bowen Joy Jeannine Cannon $27,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $229,000 -2.6% $115 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
10/29/2019 10/29/19 Price Changed $235,000 -5.6% $118 / Sq Ft
10/28/2019 10/28/19 For Sale $249,000 -- $125 / 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 $2,225 $70,950 $18,575 $52,375
2024 $2,225 $65,625 $9,525 $56,100
2023 $3,998 $65,625 $9,525 $56,100
2022 $3,998 $65,625 $9,525 $56,100
2021 $2,264 $65,625 $9,525 $56,100
2020 $3,609 $49,800 $7,925 $41,875
2019 $1,592 $49,800 $7,925 $41,875
2018 $1,592 $49,800 $7,925 $41,875
2017 $1,629 $49,800 $7,925 $41,875
2016 $1,657 $37,925 $0 $0
2014 $1,657 $37,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2020

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    27 in this area

    210 Total Sales

    Linda Sowell
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10064938

Memphis Area Association of REALTORS®

APN: 02-8023-0-0002

Tennessee Shelby County Memphis 38104 Midtown Memphis

2225 Madison Ave, Memphis, TN

This home is located at 2225 Madison Ave, Memphis, TN 38104 since 28 October 2019 and is currently estimated at $302,973, approximately $137 per square foot. This property was built in 1920. 2225 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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