D
Seller's Agent in 2025
David Da Ponte
Sowell, Realtors
(901) 278-4380
24 in this area
188 Total Sales
2245 Madison Ave Memphis, TN 38104
Midtown Memphis NeighborhoodEstimated Value: $475,000 - $546,000
4
Beds
2.5
Baths
2,662
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- 2 Car Attached Garage
- High Ceiling
- Covered Patio or Porch
- Two cooling system units
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
Est. Annual Taxes
- $8,075
Year Built
- Built in 2004
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 50x182
- Irrigation
Parking
- 2 Car Attached Garage
- Parking Pad
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 2,662 Sq Ft Home
- Property has 3 Levels
- High Ceiling
- Ceiling Fan
- Gas Fireplace
- Den with Fireplace
- Vinyl Flooring
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 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
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,601
Avg. Annual Appreciation
4.78%
Original Mortgage
$441,000
Outstanding Balance
$439,136
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$58,465
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bright Ronald Leon | $490,000 | Executive Title & Closing | |
| Knapp Donald E | $485,000 | Executive Title & Closing | |
| Gary John H | $384,000 | None Available | |
| Weatherly Michael J | $375,000 | -- | |
| Keller G David | $310,650 | -- | |
| Gallina & Gallina Construction Inc | -- | Stewart Title Of Memphis Inc | |
| Gallina John | $30,000 | -- | |
| Spinolo Virginia Diane | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bright Ronald Leon | $441,000 | |
| Previous Owner | Gary John H | $345,600 | |
| Previous Owner | Weatherly Michael J | $350,000 | |
| Previous Owner | Keller G David | $248,520 | |
| Previous Owner | Gallina & Gallina Construction Inc | $228,000 | |
| Closed | Keller G David | $62,130 |
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 | |
| 12/19/2025 12/19/25 | 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: Realtracs
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
-
David Da Ponte
-
Leigh Martin
Buyer's Agent in 2025
Leigh Martin
Hobson, REALTORS
(901) 351-3877
19 in this area
184 Total Sales
Map
Source: Realtracs
MLS Number: 3160319
APN: 02-8023-0-0006
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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