Seller's Agent in 2025
Leigh Martin
Hobson, REALTORS
(901) 351-3877
20 in this area
192 Total Sales
2245 Madison Ave Memphis, TN 38104
Midtown Memphis Neighborhood
4
Beds
2.5
Baths
2,662
Sq Ft
8,712
Sq Ft Lot
Highlights
- Gated Parking
- Updated Kitchen
- Traditional Architecture
- Sitting Area In Primary Bedroom
- Landscaped Professionally
- Wood Flooring
About This Home
As of December 2025This remarkable and contemporary residence is situated in the vibrant heart of Midtown, Memphis, offering convenient proximity to the renowned Overton Park and the bustling Overton Square. The primary suite, elegantly positioned on the ground level, is distinguished by an opulent bathroom and a large walk-in closet. The gourmet kitchen is designed with an open floor plan that harmoniously integrates with the expansive living areas, creating an ideal setting for both daily living and entertaining. Further notable features of this splendid home include bedrooms of substantial size, a two-car garage, a gated driveway for added security, and a distinguished wet bar. Additionally, the property offers ample storage space to accommodate a variety of needs. This distinctive Midtown residence is truly unparalleled, combining modern aesthetics with practical functionality.
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 50x182
- Wood Fence
- Landscaped Professionally
- Level Lot
- Sprinklers on Timer
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 2,662 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Some Wood Windows
- Entrance Foyer
- Great Room
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Den with Fireplace
- Storage Room
- Iron Doors
- Attic
Kitchen
- Updated Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- 4 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Double Vanity
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Rear-Facing Garage
- Garage Door Opener
- Driveway
- Gated Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Coles East End Subdivision
Listing and Financial Details
- Assessor Parcel Number 028023 00006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2025
Closed on
Dec 19, 2025
Sold by
Knapp Donald E
Bought by
Bright Ronald Leon
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Steven Ford
The Carter Group LLC, REALTORS
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Views
1033
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$441,000
Outstanding Balance
$441,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,560
Purchase Details
Listed on
Jun 13, 2025
Closed on
Oct 16, 2025
Sold by
Gary John H and Gary Kelly R
Bought by
Knapp Donald E
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$569,000
Sold Price
$485,000
Premium/Discount to List
-$84,000
-14.76%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Purchase Details
Closed on
Feb 19, 2008
Sold by
Weatherly Michael J
Bought by
Gary John H and Gary Kelly R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 2004
Sold by
Keller G David
Bought by
Weatherly Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 1, 2004
Sold by
Gallina & Gallina Construction Inc
Bought by
Keller G David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,520
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2003
Sold by
Gallina John
Bought by
Gallina & Gallina Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.42%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 10, 2003
Sold by
Spinolo Philip Mark and Spinolo Virginia D
Bought by
Gallina John
Purchase Details
Closed on
Apr 9, 2003
Sold by
Spinolo Philip Mark
Bought by
Spinolo Virginia Diane
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $490,000 | Executive Title & Closing | |
| Warranty Deed | $485,000 | Executive Title & Closing | |
| Warranty Deed | $384,000 | None Available | |
| Warranty Deed | $375,000 | -- | |
| Warranty Deed | $310,650 | -- | |
| Quit Claim Deed | -- | Stewart Title Of Memphis Inc | |
| Warranty Deed | $30,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $441,000 | Credit Line Revolving | |
| Previous Owner | $345,600 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $248,520 | Purchase Money Mortgage | |
| Previous Owner | $228,000 | Construction | |
| Closed | $62,130 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2025 12/19/25 | Sold | $490,000 | -2.0% | $184 / Sq Ft | |
| 11/22/2025 11/22/25 | Pending | -- | -- | -- | |
| 10/30/2025 10/30/25 | For Sale | $500,000 | +3.1% | $188 / Sq Ft | |
| 10/16/2025 10/16/25 | Sold | $485,000 | -3.0% | $187 / Sq Ft | View Prior Sale |
| 09/20/2025 09/20/25 | Pending | -- | -- | -- | |
| 09/05/2025 09/05/25 | Price Changed | $500,000 | -5.5% | $192 / Sq Ft | |
| 08/17/2025 08/17/25 | Price Changed | $529,000 | -3.6% | $203 / Sq Ft | |
| 07/10/2025 07/10/25 | Price Changed | $549,000 | -3.5% | $211 / Sq Ft | |
| 06/13/2025 06/13/25 | For Sale | $569,000 | -- | $219 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 | $4,157 | $137,825 | $18,575 | $119,250 |
| 2024 | $4,157 | $122,625 | $9,525 | $113,100 |
| 2023 | $7,470 | $122,625 | $9,525 | $113,100 |
| 2022 | $7,470 | $122,625 | $9,525 | $113,100 |
| 2021 | $7,557 | $122,625 | $9,525 | $113,100 |
| 2020 | $7,914 | $109,225 | $7,925 | $101,300 |
| 2019 | $7,914 | $109,225 | $7,925 | $101,300 |
| 2018 | $7,914 | $109,225 | $7,925 | $101,300 |
| 2017 | $4,489 | $109,225 | $7,925 | $101,300 |
| 2016 | $3,659 | $83,725 | $0 | $0 |
| 2014 | $3,659 | $83,725 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Leigh Martin
-
David Da Ponte
D
Seller's Agent in 2025
David Da Ponte
Sowell, Realtors
(901) 278-4380
23 in this area
189 Total Sales
-
Steven Ford
S
Buyer's Agent in 2025
Steven Ford
The Carter Group LLC, REALTORS
(901) 870-4642
1 in this area
46 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10208753
APN: 02-8023-0-0006
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