NOT LISTED FOR SALE

Estimated Value: $88,000 - $98,000

1 Bed
1 Bath
761 Sq Ft
1.25 Acres

Last Sold February 11, 2021

Last sale price $79,500 $104 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $559/month

83 Days on Market

Highlights

  • In Ground Pool
  • Separate Formal Living Room
  • Partially Carpeted
  • 1.25 Acre Lot
  • Breakfast Bar
  • High-Rise Condominium

About This Home

As of February 2021

NEW PRICE and PRICED TO SELL. This Completely updated one bedroom condo in a prime Memphis Location. This unit is gorgeous and has updated kitchen with newer appliances, granite, and breakfast bar. The bedroom has an ensuite updated bathroom, with a linen closet and a HUGE custom built walk in closet. Condo amenities include gathering room and in-ground pool. Priced to Sell!

Last Listed By

Cat Wright

The Firm License #327605 Listed on: 11/04/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $631

Year Built

  • Built in 1962

Lot Details

  • 1.25

Parking

  • Parking Lot

Interior Spaces

  • 761 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Community Details

  • Property has a Home Owners Association
  • $291 Maintenance Fee
  • High-Rise Condominium
  • The Mayfair Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028034 A00063

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
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • List Price Per Sq Ft: 108
  • Number Of Stories: 1
  • Price Per Sq Ft: 104.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 761
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Breakfast Bar
  • Master Bedroom: Full Bath
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Parking Storage: Parking Lot

Association/Amenities

  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 291

Lot Info

  • Lot Number: UNIT 609*
  • Acreage: 1.25
  • Price Per Acre: 66000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 028034 A00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Feb 11, 2021
Sold by
Gant Charles N
Bought by
Joyner Patti Ann and Rains Tanner
Seller's Agent
Cat Wright
The Firm
Buyer's Agent
Patti Joyner
Bluff City Realty Group, LLC
List Price
$89,000
Sold Price
$79,500
Premium/Discount to List
-$9,500
-10.67%
Total Days on Market
83
Current Estimated Value
$90,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,326
Avg. Annual Appreciation
5.05%

Purchase Details

Listed on
Nov 4, 2020
Closed on
Feb 10, 2021
Sold by
Gant Charles N
Bought by
Joyner Patti Ann and Rains Tanner
Seller's Agent
Cat Wright
The Firm
Buyer's Agent
Patti Joyner
Bluff City Realty Group, LLC
List Price
$89,000
Sold Price
$79,500
Premium/Discount to List
-$9,500
-10.67%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Moore Michael M
Bought by
Gant Charles N

Purchase Details

Closed on
May 22, 2002
Sold by
Gaston Denise Spinks
Bought by
Moore Jimmy Monroe

Purchase Details

Closed on
Aug 3, 2000
Sold by
Donovan Frances R
Bought by
Gaston Denise Spinks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
7.83%

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
Joyner Patti Ann $79,500 Local Title Llc
Joyner Patti Ann $79,500 Local Title Llc
Gant Charles N $11,500 None Available
Moore Jimmy Monroe $40,000 --
Gaston Denise Spinks $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gant Cahrles N $100,000
Previous Owner Gaston Denise Spinks $29,600
Previous Owner Donovan Frances R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $79,500 -3.6% $104 / Sq Ft
01/05/2021 01/05/21 Price Changed $82,500 -2.9% $108 / Sq Ft
11/23/2020 11/23/20 Price Changed $84,999 -4.5% $112 / Sq Ft
11/04/2020 11/04/20 For Sale $89,000 -- $117 / 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
2024 $631 $18,625 $725 $17,900
2023 $1,135 $18,625 $725 $17,900
2022 $1,135 $18,625 $725 $17,900
2021 $505 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088224

Memphis Area Association of REALTORS®

APN: 02-8034-A0-0063