NOT LISTED FOR SALE

The Mayfair Condominium 2277 Union Ave Unit 703 Memphis, TN 38104

Cooper-Young Neighborhood

Estimated Value: $89,000 - $97,000

1 Bed
1 Bath
579 Sq Ft
1.28 Acres

Last Sold January 30, 2025

Last sale price $95,000 $164 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $574/month

73 Days on Market

Highlights

  • In Ground Pool
  • 1.28 Acre Lot
  • Traditional Architecture
  • The property is located in a historic district
  • Clubhouse
  • Enclosed Balcony

About This Home

As of January 2025

Conveniently located in the heart of Midtown Memphis. Minutes from Cooper Young St. High-rise Condo w/ Open Floor Plan. Updated Floors, New Exterior Paint. Beautiful view of Downtown Memphis. Easy to show, Go Through MLS Broker Bay link or call Broker Bay to show. Building also has a pool, sauna, community room and Laundry room all on the first floor. Call TODAY to book your private viewing.

Last Listed By

Shimar Willis

Progressive Realty Services License #355652 Listed on: 08/06/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $631

Year Built

  • Built in 1962

Lot Details

  • Wrought Iron Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 579 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • On-Site Parking for Rent

Accessible Home Design

  • Lower Fixtures
  • Wheelchair Access
  • Doors are 32 inches wide or more
  • Accessible Ramps

Outdoor Features

  • In Ground Pool
  • Enclosed Balcony

Location

  • The property is located in a historic district

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 028034 A00069

Community Details

Overview

  • Property has a Home Owners Association
  • $240 Maintenance Fee
  • High-Rise Condominium
  • The Mayfair Condo Subdivision

Amenities

  • Clubhouse

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Storm Windows
  • Fire and Smoke Detector

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: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • Handicap Design: Wide Doors, Accessible Fixtures, Ramp, Wheelchair Mobility
  • Number Of Stories: 1
  • Price Per Sq Ft: 164.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 579
  • Year Built: 1962
  • List Price/ Sq Ft: 168
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999 (Retired - Do Not Use)
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Smoke Detector(s), Elevator, 2 or More Elevators
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Historic District, Enclosed Balcony
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Window(s)
  • Foundation: Conventional
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Storage Room(s), Designated Guest Parking, Rent Parking Space

Utilities

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

Association/Amenities

  • Condominium Association: Yes
  • Neighborhood Amenities: Club House, Pool

Fee Information

  • Monthly Maintenance Fee: 240

Lot Info

  • Lot Description: Some Trees, Level, Iron Fenced
  • Lot Number: UNIT 703
  • Acreage: 1.28
  • Lot Size: 1137
  • Price Per Acre: 75781
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 028034 A00069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Jan 30, 2025
Sold by
Okhiria Eromosele Peter
Bought by
Lyons Theodore and Lyons Merica Y
Seller's Agent
Shimar Willis
Progressive Realty Services
Buyer's Agent
Shimar Willis
Progressive Realty Services
List Price
$97,900
Sold Price
$95,000
Premium/Discount to List
-$2,900
-2.96%
Total Days on Market
73
Views
112
Current Estimated Value
$93,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,550
Avg. Annual Appreciation
-5.51%
Original Mortgage
$76,000
Outstanding Balance
$75,702
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$17,748

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 13, 2022
Sold by
Denny Clark
Bought by
Okhiria Eromosele Peter
Seller's Agent
Alan Crenshaw
Ware Jones, REALTORS
Buyer's Agent
Alan Crenshaw
Ware Jones, REALTORS
List Price
$89,900
Sold Price
$92,000
Premium/Discount to List
$2,100
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$82,800
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2002
Sold by
Cureg Amethyst C and Cruz Robert V
Bought by
Clark Denny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,082
Interest Rate
7.12%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Lyons Theodore $95,000 Excel Title & Escrow
Okhiria Eromosele Peter $92,000 John D Smith Pllc
Clark Denny $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Theodore $76,000
Previous Owner Okhiria Eromosele Peter $82,800
Previous Owner Clark Melvin D $11,000
Previous Owner Clark Denny $38,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $95,000 -2.1% $164 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $97,000 -0.9% $168 / Sq Ft
08/06/2024 08/06/24 For Sale $97,900 +6.4% $169 / Sq Ft
05/13/2022 05/13/22 Sold $92,000 +2.3% $161 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $89,900 -- $157 / 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 $1,148 $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

  • S

    Seller's Agent in 2025

    Shimar Willis

    Progressive Realty Services

    (901) 498-4054

    2 in this area

    68 Total Sales

    Shimar Willis
    Section Image
  • Alan Crenshaw

    Seller's Agent in 2022

    Alan Crenshaw

    Ware Jones, REALTORS

    (901) 413-0990

    6 in this area

    109 Total Sales

    Alan Crenshaw
    Section Image
See All Agents

About The Mayfair Condominium

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10178619

Memphis Area Association of REALTORS®

APN: 02-8034-A0-0069

Tennessee Shelby County Memphis 38104 Cooper-Young

2277 Union Ave Unit 703, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2277 Union Ave Unit 703, Memphis, TN 38104 since 06 August 2024 and is currently estimated at $93,450, approximately $161 per square foot. This property was built in 1962. 2277 Union Ave Unit 703 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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