2245 Monroe Ave Memphis, TN 38104
Midtown Memphis NeighborhoodEstimated payment $2,298/month
Total Views
4,148
3
Beds
2
Baths
1,400-1,599
Sq Ft
$246
Price per Sq Ft
Highlights
- Detached Guest House
- Landscaped Professionally
- Wood Flooring
- Updated Kitchen
- Traditional Architecture
- Attic
About This Home
A timeless Midtown gem, just walking distance to Overton Square and Overton Park, nestled in one of the city’s most cherished neighborhoods. The sellers handcrafted this home to stand apart. The fully renovated 3-bedroom, 2-bathroom main home pairs classic charm with modern updates—and out back, a fully permitted 320 sq ft detached 1-bed, 1-bath guest house with its own kitchen and distinct character offers the perfect setup for income potential, creative space, or a private retreat. Features include a new roof, updated furnace and coil, refinished hardwood floors, recessed lighting, stainless steel appliances, granite countertops, floating double vanity, and walk-in attic. This is more than a renovation—it’s a rare Midtown gem! You have to experience for yourself!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,011
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50x165
- Wood Fence
- Landscaped Professionally
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,412 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Wood Flooring
- Attic
Kitchen
- Updated Kitchen
- Oven or Range
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 6 Main Level Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
- Double Vanity
Laundry
- Laundry closet
- Washer and Dryer Hookup
Additional Features
- Covered Patio or Porch
- Detached Guest House
- Central Heating and Cooling System
Community Details
- Coles East End Subdivision
Listing and Financial Details
- Assessor Parcel Number 028022 00003
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,011 | $60,825 | $18,075 | $42,750 |
| 2024 | $2,011 | $59,325 | $9,250 | $50,075 |
| 2023 | $3,614 | $59,325 | $9,250 | $50,075 |
| 2022 | $3,614 | $59,325 | $9,250 | $50,075 |
| 2021 | $3,656 | $59,325 | $9,250 | $50,075 |
| 2020 | $2,946 | $40,650 | $7,700 | $32,950 |
| 2019 | $1,274 | $39,850 | $7,700 | $32,150 |
| 2018 | $1,274 | $39,850 | $7,700 | $32,150 |
| 2017 | $1,304 | $39,850 | $7,700 | $32,150 |
| 2016 | $1,536 | $35,150 | $0 | $0 |
| 2014 | $1,536 | $35,150 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Price Changed | $394,000 | -1.3% | $281 / Sq Ft |
| 07/03/2025 07/03/25 | For Sale | $399,000 | +73.5% | $285 / Sq Ft |
| 11/20/2024 11/20/24 | Sold | $230,000 | -8.0% | $164 / Sq Ft |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $250,000 | -- | $179 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Foundation Title | |
| Warranty Deed | $230,000 | Foundation Title | |
| Warranty Deed | $175,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $143,000 | Edco Title & Closing Service | |
| Warranty Deed | $109,000 | -- | |
| Warranty Deed | $75,675 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $286,721 | New Conventional | |
| Closed | $286,721 | New Conventional | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $103,000 | Purchase Money Mortgage | |
| Previous Owner | $11,000 | Credit Line Revolving | |
| Previous Owner | $5,000 | Credit Line Revolving | |
| Previous Owner | $112,712 | No Value Available | |
| Previous Owner | $76,227 | FHA |
Source: Public Records
Similar Homes in the area
Source: Memphis Area Association of REALTORS®
MLS Number: 10200468
APN: 02-8022-0-0003
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