NOT LISTED FOR SALE

Estimated Value: $83,000 - $96,000

1 Bed
1 Bath
100-999 Sq Ft
1.28 Acres

Last Sold February 21, 2024

Last sale price $96,000 $96 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $549/month

114 Days on Market

Highlights

  • In Ground Pool
  • 1.28 Acre Lot
  • Main Floor Primary Bedroom
  • Updated Kitchen
  • Clubhouse
  • Soft Contemporary Architecture

About This Home

As of February 2024

The Mayfair Condo may be the last Good Deal left in Midtown & all of Memphis. This unit has been fully renovated and is move in ready! Kitchen has great cabinets, granite countertops, cabinet lights, recessed lighting throughout the condo, new vanity and stone tops in bathroom, New shower, tile, and sliding glass door in bath. Large walk-in closet off bedroom. Balcony is on the Union side. Building has all the amenities you need, Pool, laundry on main floor, party room off poolside and more...

Last Agent to Sell the Property

Michelle Koeppen

Ware Jones, REALTORS License #323748 Listed on: 09/20/2023

Ware Jones, REALTORS

Last Buyer's Agent

Derrick Craig

J Hunter Realty License #372002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $692

Year Built

  • Built in 1962

Lot Details

  • 1.28

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 730 Sq Ft Home
  • Smooth Ceilings
  • Window Treatments
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 028034 A00050

Community Details

Overview

  • Property has a Home Owners Association
  • $255 Maintenance Fee
  • Association fees include trash collection, grounds maintenance, parking
  • Mid-Rise Condominium
  • The Mayfair Condo Subdivision
  • 7-Story Property

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$692

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • Number Of Stories: 7
  • Price Per Sq Ft: 131.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 730
  • Year Built: 1962
  • List Price/ Sq Ft: 149
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Separate Ice Maker
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Other Rooms: Loft/Balcony
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: B-B-Q Pit, Covered Patio
  • Exterior Windows: Aluminum/Steel Siding
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condo Fees Include: Trash Collection, Grounds Maintenance, Parking
  • Condominium Association: Yes
  • Neighborhood Amenities: Pool, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 255

Lot Info

  • Lot Number: UNIT 508*
  • Acreage: 1.28
  • Price Per Acre: 85156

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 028034 A00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Feb 21, 2024
Sold by
Brown Phillip R
Bought by
Epps Benny
Seller's Agent
Michelle Koeppen
Ware Jones, REALTORS
Buyer's Agent
Derrick Craig
J Hunter Realty
List Price
$114,500
Sold Price
$96,000
Premium/Discount to List
-$18,500
-16.16%
Views
365
Current Estimated Value
$90,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,967
Avg. Annual Appreciation
-2.51%

Purchase Details

Listed on
Jul 27, 2016
Closed on
Aug 24, 2016
Sold by
Douglas Chris M
Bought by
Brown Phillip B
Seller's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
Buyer's Agent
Michelle Koeppen
Ware Jones, REALTORS
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Guerrero Lorenzo
Bought by
Douglas Chris M

Purchase Details

Closed on
Aug 22, 2003
Sold by
Schneider Marjorie C
Bought by
Guerrero Lorenzo W
Source: Public Records

Range of Values:

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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
Epps Benny $96,000 Executive Title & Closing
Brown Phillip B $62,500 None Available
Douglas Chris M $32,500 Stewart Title Of Memphis Inc
Guerrero Lorenzo W $39,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $96,000 -11.9% $960 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/06/2023 11/06/23 Price Changed $109,000 -4.8% $1,090 / Sq Ft
09/20/2023 09/20/23 For Sale $114,500 +83.2% $1,145 / Sq Ft
08/22/2016 08/22/16 Sold $62,500 0.0% $625 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $62,500 -- $625 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $692 $24,925 $725 $24,200
2024 $692 $20,400 $725 $19,675
2023 $1,243 $20,400 $725 $19,675
2022 $1,243 $20,400 $725 $19,675
2021 $1,257 $20,400 $725 $19,675
2020 $996 $13,750 $725 $13,025
2019 $996 $13,750 $725 $13,025
2018 $996 $13,750 $725 $13,025
2017 $565 $13,750 $725 $13,025
2016 $382 $8,750 $0 $0
2014 $382 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157126

Memphis Area Association of REALTORS®

APN: 02-8034-A0-0050