NOT LISTED FOR SALE

245 Madison Ave Unit 701 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $183,000 - $233,295

1 Bed
1 Bath
1,200-1,399 Sq Ft
871 Sq Ft Lot

Last Sold June 05, 2018

Last sale price $159,000 $114 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,370/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Soft Contemporary Architecture
  • 2 Car Detached Garage
  • Vaulted Ceiling
  • End Unit
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of June 2018

The Best View in Memphis!!! Located at the top Southwest corner, overlooking AutoZone Park. Enjoy a game from the comfort of your own home! Open floorplan w/ exposed brick & vaulted ceilings. The concrete floors add to the industrial feel. Secured building w/ garage parking at Fielders Square. Sold as-is, where-is. Building's roof was just replaced.

Last Agent to Sell the Property

Amy Woods

Crye-Leike, Inc., REALTORS License #310857 Listed on: 05/15/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Joshua Hisaw

Keller Williams License #277548

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1909

Lot Details

  • 871

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,227 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Lot
  • Assigned Parking
  • Unassigned Parking

Additional Features

  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002061 00046

Community Details

Overview

  • Property has a Home Owners Association
  • $350 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, exterior insurance, parking
  • 24 Units
  • High-Rise Condominium
  • Downtown Ymca Lofts Community
  • Downtown Ymca Lofts The Subdivision
  • Property managed by Heritage Properties

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,711

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit, High Rise (7+ Stories)
  • Cross Street: 4th
  • MLS Map #: 745B
  • MAAR Subdivision Name: DOWNTOWN YMCA LOFTS
  • Condo: Yes
  • List Price Per Sq Ft: 130
  • Number Of Stories: 1
  • Price Per Sq Ft: 129.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1227
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 1
  • Floors/Ceilings: Concrete Floor, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Double Sinks, Separate Shower
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Sidewalks, Fire Escape
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Garage Door Opener(s), Parking Lot, Assigned Parking, Unassigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Limited Access, Dead Bolt Lock(s)

Association/Amenities

  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Parking
  • Condominium Association: Yes
  • Condominium Name: Downtown YMCA Lofts
  • Management Company: Heritage Properties

Fee Information

  • Monthly Maintenance Fee: 350

Lot Info

  • Lot Number: UNIT 701
  • Acreage: 0.02
  • Price Per Acre: 7950000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002061 00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Law Lisa Ann Roehrick and Law Joshua Peter
Bought by
Williams Caleb Andrew
Current Estimated Value
$231,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Outstanding Balance
$152,172
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$53,152

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 3, 2018
Sold by
Elsey Susannah B and Elsey John H
Bought by
Roehrick Law Lisa Ann and Law Joshua Peter
Seller's Agent
Amy Woods
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joshua Hisaw
Keller Williams
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$127,200
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Caleb Andrew $189,000 Amrock
Roehrick Law Lisa Ann $159,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Caleb Andrew $170,100
Previous Owner Roehrick Law Lisa Ann $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $159,000 0.0% $133 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $159,000 0.0% $133 / Sq Ft
12/19/2013 12/19/13 Rented $1,250 0.0% --
12/19/2013 12/19/13 Under Contract -- -- --
12/09/2013 12/09/13 For Rent $1,250 +4.2% --
11/30/2012 11/30/12 Rented $1,200 -4.0% --
11/30/2012 11/30/12 Under Contract -- -- --
10/05/2012 10/05/12 For Rent $1,250 -- --
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 $1,711 $82,720 $5,120 $77,600
2024 $1,711 $50,475 $3,200 $47,275
2023 $3,075 $50,475 $3,200 $47,275
2022 $3,075 $50,475 $3,200 $47,275
2021 $3,111 $50,475 $3,200 $47,275
2020 $2,447 $33,775 $3,200 $30,575
2019 $1,079 $33,775 $3,200 $30,575
2018 $1,079 $33,775 $3,200 $30,575
2017 $1,105 $33,775 $3,200 $30,575
2016 $1,967 $45,000 $0 $0
2014 $1,967 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Woods

    Seller's Agent in 2018

    Amy Woods

    Crye-Leike

    (901) 485-7005

    3 in this area

    104 Total Sales

    Section Image
  • Joshua Hisaw

    Buyer's Agent in 2018

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    272 Total Sales

    Section Image
  • Jennifer Brown

    Seller's Agent in 2013

    Jennifer Brown

    Crye-Leike

    (901) 483-0605

    61 Total Sales

    Section Image

  • K

    Buyer's Agent in 2013

    Kim Love

    Crye-Leike

    (901) 598-0673

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027074

Memphis Area Association of REALTORS®

APN: 00-2061-0-0046

Tennessee Shelby County Memphis 38103 Downtown Memphis

245 Madison Ave Unit 701, Memphis, TN

This home is located at 245 Madison Ave Unit 701, Memphis, TN 38103 since 15 May 2018 and is currently estimated at $205,324, approximately $146 per square foot. This property was built in 1909. 245 Madison Ave Unit 701 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes