NOT LISTED FOR SALE

Estimated Value: $127,000 - $157,000

2 Beds
2 Baths
1,000-1,199 Sq Ft
1.28 Acres

Last Sold March 31, 2022

Last sale price $132,500 $111 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $811/month

Highlights

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

About This Home

As of March 2022

Rare opportunity for top floor corner unit. Hwd parquet flrs, 2 BR's, 2 full BA's, lovely balcony, open space for entertaining. Walkable to shopping, entertainment, city park, and public transportation. Amenities include party room, laundry room and inground pool. Sold as-is.

Last Agent to Sell the Property

Judith Johnson

InCity Realty License #289852 Listed on: 03/07/2022

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $824

Year Built

  • Built in 1962

Lot Details

  • Landscaped
  • Level Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,150 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Aluminum Window Frames
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Iron Doors

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Outdoor Gas Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 028034 A00078

Community Details

Overview

  • Property has a Home Owners Association
  • $321 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance
  • High-Rise Condominium
  • The Mayfair Condo Community
  • The Mayfair Condo Subdivision
  • Property managed by Wright Management

Amenities

  • Clubhouse
  • Laundry Facilities

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: Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Union and Edgewood
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • List Price Per Sq Ft: 121
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1150
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Parquet Floor, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: LR/DR Combination
  • 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, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Gas Grill
  • Exterior Windows: Aluminum Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Monitored Alarm System, Limited Access
  • Water Sewer: Electric Water Heater, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen, Community Laundry
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: The Mayfair Condo
  • Management Company: Wright Management

Fee Information

  • Monthly Maintenance Fee: 321

Lot Info

  • Lot Description: Level, Corner, Landscaped
  • Lot Number: UNIT 712*
  • Acreage: 1.28
  • Lot Size: 0.0212

Tax Info

  • Assessor Parcel Number: 028034 A00078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Mar 31, 2022
Sold by
Melissa Reyna
Bought by
Drew Earldine H and Drew Margaret A
Seller's Agent
Judith Johnson
InCity Realty
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$139,000
Sold Price
$132,500
Premium/Discount to List
-$6,500
-4.68%
Current Estimated Value
$141,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,264
Avg. Annual Appreciation
1.91%

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 15, 2020
Sold by
Tolbert Medina
Bought by
Reyna Melissa N
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$111,550
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2013
Closed on
May 1, 2014
Sold by
Neill Michael S and Meithuizen Nicholas J
Bought by
Tolbert Medina
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Betsy Weber
Fast Track Realty, LLC
List Price
$59,500
Sold Price
$59,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
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
Drew Earldine H $131,000 Crislip Philip & Royal
Reyna Melissa N $115,000 None Available
Tolbert Medina $59,500 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyna Melissa N $111,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $132,500 -4.7% $133 / Sq Ft
03/07/2022 03/07/22 For Sale $139,000 +20.9% $139 / Sq Ft
07/29/2020 07/29/20 Sold $115,000 -4.2% $100 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $120,000 +101.7% $104 / Sq Ft
04/30/2014 04/30/14 Sold $59,500 0.0% $52 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $59,500 -- $52 / 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 $34,000 $1,150 $32,850
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: 10119247

Memphis Area Association of REALTORS®

APN: 02-8034-A0-0078