NOT LISTED FOR SALE

2302 Monroe Ave Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $280,000 - $321,000

2 Beds
1 Bath
2,102 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2012

Last sale price $160,000 $76 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,836 / mo

545 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Deck
  • Soft Contemporary Architecture
  • Formal Dining Room

About This Home

As of September 2012

Great renovated with each private deck and backyard. Hardwood floors and central heat and air.

Last Agent to Sell the Property

Leigh Martin

Hobson, REALTORS License #277409 Listed on: 02/25/2011

Last Buyer's Agent

David Da Ponte

Sowell, Realtors License #278752

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 70.5x219.75
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Soft Contemporary Architecture
  • Brick Veneer
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • 2,102 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Culbreath Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Month-to-Month Lease Term
  • Assessor Parcel Number 028032 00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0.36 Acres

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Soft Contemporary
  • Second Address Number: 2304
  • MAAR Subdivision Name: CULBREATH
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 2102
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher
  • Estimated Entire Duplex Sq Ft: 2000-2199
  • Miscellaneous Interior: All Window Treatments, Cable Wired

Exterior Features

  • Misc Exterior: Patio, Deck
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Built-Up/Flat

Garage/Parking

  • Parking: Street Parking Only

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas, Individual System

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 4
  • Lot Size: 70.5X219.75

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 028032 00007

Multi Family

  • Perc Occ: 100

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2011
Closed on
Sep 27, 2012
Sold by
Bought by
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Current Estimated Value
$293,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,086
Avg. Annual Appreciation
4.48%
Original Mortgage
$112,000
Outstanding Balance
$75,242
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$217,844

Purchase Details

Closed on
Aug 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.85%

Purchase Details

Closed on
Oct 19, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.91%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 Multiple
-- --
$157,000 --
$120,000 --
$80,000 Security Title Company Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $112,000
Previous Owner $149,150
Previous Owner $114,000
Previous Owner $65,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $160,000 -10.6% $76 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
02/25/2011 02/25/11 For Sale $179,000 -- $85 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,912 $108,240 $35,920 $72,320
2024 $2,380 $70,200 $18,400 $51,800
2023 $4,276 $70,200 $18,400 $51,800
2022 $4,276 $70,200 $18,400 $51,800
2021 $4,326 $70,200 $18,400 $51,800
2020 $3,443 $47,520 $15,320 $32,200
2019 $3,443 $47,520 $15,320 $32,200
2018 $3,443 $47,520 $15,320 $32,200
2017 $1,953 $47,520 $15,320 $32,200
2016 $1,797 $41,120 $0 $0
2014 $1,797 $41,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Martin

    Seller's Agent in 2012

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    20 in this area

    188 Total Sales

    Leigh Martin
    Section Image

  • D

    Buyer's Agent in 2012

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    23 in this area

    185 Total Sales

    David Da Ponte
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3218107

Memphis Area Association of REALTORS®

APN: 02-8032-0-0007

Tennessee Shelby County Memphis 38104 Midtown Memphis

2302 Monroe Ave, Memphis, TN

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