NOT LISTED FOR SALE

2255 Madison Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $254,000 - $391,000

3 Beds
1 Bath
1,600-1,799 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $174,500 $97 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,853/month

141 Days on Market

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Some Wood Windows
  • Updated Kitchen
  • Wood Flooring
  • Porch

About This Home

As of April 2014

Newly renovated 2/3 BR bungalow in trendy East End! Within walking distance of Overton Square & Overton Park! Over 1700 sq ft on 1 level. Open , light-filled & lovely. 25' LR w/fp & built-ins. Sep DR. All new kit. Great front porch. Fenced yard! Must see!

Last Agent to Sell the Property

Deborah Mays

Hobson, REALTORS License #210876 Listed on: 10/28/2013

Last Buyer's Agent

Janey Outlan

Coldwell Banker Collins-Maury License #290485

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 181.75
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Stucco Exterior
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,706 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Partial Basement
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Coles East End Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 028023 00008

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: EDGEWOOD
  • MAAR Subdivision Name: EAST END
  • Freestanding: Yes
  • List Price Per Sq Ft: 105
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1706
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Patio, Historic District
  • Exterior Windows: Brick Veneer, Wood/Composition, Stucco, Wood Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: E PT 33
  • Acreage: 0.2
  • Lot Size: 50 X 181.75

Tax Info

  • Assessor Parcel Number: 028023 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Apr 24, 2014
Sold by
Leonard David and Leonard Valentine Moulard
Bought by
Vandergriff Lisa W
Seller's Agent
Deborah Mays
Hobson, REALTORS
Buyer's Agent
Janey Outlan
Coldwell Banker Collins-Maury
List Price
$179,500
Sold Price
$174,500
Premium/Discount to List
-$5,000
-2.79%
Current Estimated Value
$295,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,379
Avg. Annual Appreciation
4.53%
Original Mortgage
$156,875
Outstanding Balance
$119,041
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,838

Purchase Details

Listed on
Nov 28, 2012
Closed on
Mar 25, 2013
Sold by
Gill Sharon and Greggs Sharon P
Bought by
Leonard David and Moulard Leonard Valentine
Seller's Agent
Bill Malone
Crye-Leike, Inc., REALTORS
Buyer's Agent
Greg Renfrow
NextHome Cornerstone Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.56%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Tyner Dick and Tyner Ann
Bought by
Greggs Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,708
Interest Rate
7.38%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1997
Sold by
Wilson Nancy W
Bought by
Wilson Doris W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,708
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vandergriff Lisa W $174,500 None Available
Leonard David $75,000 Realty Title
Greggs Sharon P $80,750 Lawyers Title Insurance Co
Greggs Sharon P $80,750 Lawyers Title Insurance Co
Wilson Doris W -- Memphis Title
Wilson Doris W -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandergriff Lisa W $156,875
Previous Owner Greggs Sharon P $80,708
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2014 04/24/14 Sold $174,500 -2.8% $109 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $179,500 +139.3% $112 / Sq Ft
03/26/2013 03/26/13 Sold $75,000 -6.1% $44 / Sq Ft View Prior Sale
02/24/2013 02/24/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $79,900 -- $47 / 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 -- $70,975 $18,575 $52,400
2024 -- $64,600 $9,525 $55,075
2023 $3,935 $64,600 $9,525 $55,075
2022 $3,935 $64,600 $9,525 $55,075
2021 $3,981 $64,600 $9,525 $55,075
2020 $3,500 $48,300 $7,925 $40,375
2019 $3,500 $48,300 $7,925 $40,375
2018 $3,500 $48,300 $7,925 $40,375
2017 $1,985 $48,300 $7,925 $40,375
2016 $1,630 $37,300 $0 $0
2014 $1,630 $37,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Mays

    Seller's Agent in 2014

    Deborah Mays

    Hobson, REALTORS

    (901) 487-6533

    5 in this area

    63 Total Sales

    Deborah Mays
    Section Image

  • J

    Buyer's Agent in 2014

    Janey Outlan

    Coldwell Banker Collins-Maury

    Section Image
  • Bill Malone

    Seller's Agent in 2013

    Bill Malone

    Crye-Leike, Inc., REALTORS

    (901) 359-4000

    2 in this area

    56 Total Sales

    Bill Malone
    Section Image
  • Greg Renfrow

    Buyer's Agent in 2013

    Greg Renfrow

    NextHome Cornerstone Realty

    (901) 560-6398

    2 in this area

    78 Total Sales

    Greg Renfrow
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3284521

Memphis Area Association of REALTORS®

APN: 02-8023-0-0008

Tennessee Shelby County Memphis 38104 Midtown Memphis

2255 Madison Ave, Memphis, TN

Not Listed for Sale

Detached

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