$50,000
SOLD SEP 16, 2016

The Mayfair Condominium 2277 Union Ave Unit 604 Memphis, TN 38104

Cooper-Young Neighborhood
1 Bed
1 Bath
100-999 Sq Ft
1.28 Acres

Recently Sold

$50 Per Sq Ft

8% Below List Price

35 Days on Market

Highlights

  • In Ground Pool
  • 1.28 Acre Lot
  • Wood Flooring
  • Updated Kitchen
  • Contemporary Architecture
  • Sauna

About This Home

As of March 2022

Updated with hardwoods, neutral paint, granite, lighting. Open plan with newly tiled balcony. New kitchen appliances and new A/C. Uncovered parking included in maintenance fee. $20/mo. for covered when available. Move right into this lovely unit!

Last Agent to Sell the Property

Nan Lee

Crye-Leike, Inc., REALTORS License #24408 Listed on: 07/24/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Emma Wilson

McWaters & Associates License #322288

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $631

Year Built

  • Built in 1962

Home Design

  • Contemporary Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 730 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Loft
  • Termite Clearance
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Unassigned Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 028034 A00058

Community Details

Overview

  • Property has a Home Owners Association
  • $190 Maintenance Fee
  • Association fees include management fees, exterior insurance, pest control contract
  • High-Rise Condominium
  • Mayfair Community
  • The Mayfair Subdivision
  • Property managed by WrighT

Amenities

  • Sauna
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$631

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: East Parkway
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 68.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 730
  • Termite Contract: Yes
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Misc Interior: Walk-In Closet(s), 2 or More Elevators
  • Other Rooms: Laundry Room, Loft/Balcony
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Patio
  • Exterior Windows: Aluminum Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Parking Storage: Parking Lot, Unassigned Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Sauna, Community Laundry
  • Condo Fees Include: Management Fees, Exterior Insurance, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Mayfair
  • Management Company: WrighT

Fee Information

  • Monthly Maintenance Fee: 190

Lot Info

  • Lot Number: UNIT 604*
  • Acreage: 1.28
  • Price Per Acre: 42578

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 028034 A00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Mar 7, 2022
Sold by
Kenneth Davis James
Bought by
Frederick Benjamin Stuart
Seller's Agent
Jeanie Henson
Madison Avenue Realty, LLC
Buyer's Agent
Barbara Temple Fletcher
Adaro Realty, Inc.
List Price
$89,900
Sold Price
$90,500
Premium/Discount to List
$600
0.67%
Total Days on Market
35
Current Estimated Value
$91,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892
Avg. Annual Appreciation
0.31%
Original Mortgage
$68,400
Outstanding Balance
$64,257
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$27,135

Purchase Details

Listed on
Jul 24, 2016
Closed on
Sep 16, 2016
Sold by
Savell Amy Lynn
Bought by
Davis James Kenneth and Diniz Luiz Antonio De Matos
Seller's Agent
Nan Lee
Crye-Leike, Inc., REALTORS
Buyer's Agent
Emma Wilson
McWaters & Associates
List Price
$54,500
Sold Price
$50,000
Premium/Discount to List
-$4,500
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$49,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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 $90,500 John D Smith Pllc
Warranty Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,400 New Conventional
Previous Owner $49,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $90,500 +0.7% $124 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $89,900 0.0% $123 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $89,900 +79.8% $123 / Sq Ft
09/16/2016 09/16/16 Sold $50,000 -8.3% $500 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
07/24/2016 07/24/16 For Sale $54,500 -- $545 / 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 $631 $23,150 $725 $22,425
2024 $631 $18,625 $725 $17,900
2023 $1,135 $18,625 $725 $17,900
2022 $1,135 $18,625 $725 $17,900
2021 $643 $18,625 $725 $17,900
2020 $815 $11,250 $725 $10,525
2019 $360 $11,250 $725 $10,525
2018 $360 $11,250 $725 $10,525
2017 $368 $11,250 $725 $10,525
2016 $382 $8,750 $0 $0
2014 $382 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeanie Henson

    Madison Avenue Realty, LLC

    (901) 568-0430

    Section Image
  • Barbara Temple Fletcher

    Buyer's Agent in 2022

    Barbara Temple Fletcher

    Adaro Realty, Inc.

    (901) 848-8256

    2 in this area

    69 Total Sales

    Barbara Temple Fletcher
    Section Image

  • N

    Seller's Agent in 2016

    Nan Lee

    Crye-Leike

    (901) 484-5722

    1 in this area

    21 Total Sales

    Nan Lee
    Section Image
  • Emma Wilson

    Buyer's Agent in 2016

    Emma Wilson

    McWaters & Associates

    Section Image
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About The Mayfair Condominium

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982669

Memphis Area Association of REALTORS®

APN: 02-8034-A0-0058

Tennessee Shelby County Memphis 38104 Cooper-Young

2277 Union Ave Unit 604, Memphis, TN

This home is located at 2277 Union Ave Unit 604, Memphis, TN 38104 and is currently priced at $50,000, approximately $50 per square foot. This property was built in 1962. 2277 Union Ave Unit 604 is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Binghampton Campus.

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