$80,000
SOLD MAR 22, 2017
2 Beds
2 Baths
1,150 Sq Ft
1.28 Acres

Recently Sold

$70 Per Sq Ft

7 Days on Market

Highlights

  • In Ground Pool
  • 1.28 Acre Lot
  • Clubhouse
  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Soft Contemporary Architecture

About This Home

As of March 2019

Spacious immaculate condo in the heart of midtown. Walk to Overton Square, Cooper Young, Fresh Market, restaurants, theaters, this is THE place to be. Corner unit with great light, balcony and huge rooms. Newly painted, new carpet, new tile, large closets, low low utilities ($20). Nothing to do here but mover right in. Priced to sell today!

Last Agent to Sell the Property

Angie Kirkpatrick

Crye-Leike, Inc., REALTORS License #272604 Listed on: 02/08/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Gene Adams

Realty International, Inc. License #260473

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $824

Year Built

  • Built in 1962

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Parking

  • On-Site Parking for Rent
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 028034 A00055

Community Details

Overview

  • Property has a Home Owners Association
  • $300 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • High-Rise Condominium
  • Mayfair Community
  • The Mayfair Condo Subdivision
  • Property managed by Wright

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$824

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Cross Street: Edgewood
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.57
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1150
  • Termite Contract: Yes
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Two Primaries, Split Bedroom Plan, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 5 Description: Walk-In Closet, Private Full Bath
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Balcony
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: In Ground

Garage/Parking

  • Parking Storage: Parking Lot, Rent Parking Space

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Sauna, Community Laundry
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Mayfair
  • Management Company: Wright
  • Neighborhood Amenities: Club House, Pool

Fee Information

  • Monthly Maintenance Fee: 300

Lot Info

  • Lot Number: UNIT 601*
  • Acreage: 1.28
  • Lot Size: oxo
  • Price Per Acre: 62500

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 028034 A00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Mar 8, 2019
Sold by
Damiano Frank J
Bought by
Barile Karin Jo
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
List Price
$118,500
Sold Price
$118,500
Current Estimated Value
$133,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,446
Avg. Annual Appreciation
1.73%
Original Mortgage
$88,875
Outstanding Balance
$78,765
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$53,544

Purchase Details

Listed on
Feb 8, 2017
Closed on
Mar 22, 2017
Sold by
Fry Betty E
Bought by
Damiano Frank J
Seller's Agent
Angie Kirkpatrick
Crye-Leike, Inc., REALTORS
Buyer's Agent
Gene Adams
Realty International, Inc.
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.20%
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2016
Sold by
Fry Betgty E
Bought by
Fry Betty E and John F Fry Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $118,500 None Available
Warranty Deed $80,000 Saddle Creek Title
Executors Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,875 New Conventional
Previous Owner $22,000 Commercial
Previous Owner $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $118,500 0.0% $119 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $118,500 +48.1% $119 / Sq Ft
03/22/2017 03/22/17 Sold $80,000 0.0% $70 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $80,000 -- $70 / 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 $824 $31,175 $1,150 $30,025
2024 $824 $24,300 $1,150 $23,150
2023 $1,480 $24,300 $1,150 $23,150
2022 $1,480 $24,300 $1,150 $23,150
2021 $838 $24,300 $1,150 $23,150
2020 $1,203 $16,600 $1,150 $15,450
2019 $531 $16,600 $1,150 $15,450
2018 $531 $16,600 $1,150 $15,450
2017 $543 $16,600 $1,150 $15,450
2016 $609 $13,925 $0 $0
2014 $609 $13,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9995210

Memphis Area Association of REALTORS®

APN: 02-8034-A0-0055