NOT LISTED FOR SALE

2241 Madison Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $260,000 - $327,000

3 Beds
2 Baths
1,700 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $110,000 $65 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,643/month

2 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • Heating System Uses Natural Gas

About This Home

As of May 2016

Location, location, location!!! Great fixer upper in a great mid-town location near Overton Park, the Memphis Zoo and much more. Nice lot and the house has lots of potential. Property previously used as a duplex. Can easily still be used as a duplex or single family home. Hard to find anything for this price in this area. Being sold as-is where-is.

Last Agent to Sell the Property

Clint Bolton

RE/MAX Realty Group License #B-18917 Listed on: 04/06/2016

RE/MAX Realty Group

Last Buyer's Agent

NON MEMBER

RE/MAX LEGACY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x182

Parking

  • No Garage

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Memphis Elementary And Middle School
  • Memphis High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • Metes And Bounds Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Unit Levels: One
  • Lot Size: 50X182
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1920
  • Subdivision Name: Metes And Bounds
  • Directions: From I-240 go east on Union Ave, north on S Cox St, right (east) on Madison Ave, house on right.
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Disclosures: As Is

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Memphis
  • High School: Memphis
  • Middle Or Junior School: Memphis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 23, 2016
Sold by
Weaver Dustin
Bought by
D 4 Realty Investments Llc
Seller's Agent
Clint Bolton
RE/MAX Realty Group
Buyer's Agent
NON MEMBER
RE/MAX LEGACY
List Price
$107,500
Sold Price
$110,000
Premium/Discount to List
$2,500
2.33%
Current Estimated Value
$274,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,798
Avg. Annual Appreciation
10.46%
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
D 4 Realty Investments Llc $110,000 First National Financial Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver Pattye D $30,000
Previous Owner Weaver Pattye D $15,000
Previous Owner Weaver Pattye D $37,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $110,000 +2.3% $65 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $107,500 -- $63 / Sq Ft
Source: MLS United

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 -- $80,450 $18,575 $61,875
2024 $1,673 $49,350 $9,525 $39,825
2023 $3,006 $49,350 $9,525 $39,825
2022 $3,006 $49,350 $9,525 $39,825
2021 $3,041 $49,350 $9,525 $39,825
2020 $2,581 $35,625 $7,925 $27,700
2019 $2,581 $35,625 $7,925 $27,700
2018 $2,581 $35,625 $7,925 $27,700
2017 $983 $23,925 $7,925 $16,000
2016 $1,005 $23,000 $0 $0
2014 $1,005 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clint Bolton

    Seller's Agent in 2016

    Clint Bolton

    RE/MAX

    (662) 934-9376

    267 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    RE/MAX LEGACY

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Map

Source: MLS United

MLS Number: 2302738

MLS United

APN: 02-8023-0-0005

Tennessee Shelby County Memphis 38104 Midtown Memphis

2241 Madison Ave, Memphis, TN

This home is located at 2241 Madison Ave, Memphis, TN 38104 since 06 April 2016 and is currently estimated at $289,406, approximately $170 per square foot. This property was built in 1920. 2241 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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