2527 Union Ave Unit 1-2 Memphis, TN 38112
Chickasaw Gardens Neighborhood
2
Beds
1
Bath
2,087
Sq Ft
0.25
Acres
Highlights
- Traditional Architecture
- Corner Lot
- 1-Story Property
- Wood Flooring
- Central Heating and Cooling System
About This Home
As of November 2024Cash offers only on this property- Terrific opportunity to tighten up this duplex to have an investment property within walking distance to shopping and restaurants and the Liberty Bowl. This property does need some improvements (some sheetrock, electric, paint and kitchen work) but the guts are solid and the location is great. 2 beds 1 bath on one side, and 2 beds and 2 baths on the other side. Rent range for side 1 should be $1000-1100 and rent range for side 2 should be $1200-1300. This property is temporarily boarded up.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,744
Year Built
- Built in 1958
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 75x150
- Corner Lot
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 2,087 Sq Ft Home
- 1-Story Property
- Wood Flooring
Parking
- 1 Parking Space
- Driveway
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Pettus Davis Of Pt Collier Tract Subdivision
Listing and Financial Details
- Assessor Parcel Number 028046 00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2024
Closed on
Nov 22, 2024
Sold by
Roundoak Properties Llc
Bought by
Berry L C L and Berry Chiquita D
Seller's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mark Wilson
Coldwell Banker Collins-Maury
List Price
$200,000
Sold Price
$100,000
Premium/Discount to List
-$100,000
-50%
Total Days on Market
15
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,294
Avg. Annual Appreciation
208.50%
Purchase Details
Closed on
Apr 2, 2018
Sold by
Roundoak Equity Llc
Bought by
Roundoak Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2017
Sold by
Gp Elkington Green
Bought by
Roundoak Equity Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 8, 2017
Sold by
Green Brian Robert
Bought by
Gp Elkington Green
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 2017
Sold by
Bank Of America N A
Bought by
Green Brian Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 23, 2016
Sold by
Cimbalo Michael Joseph and Cimbalo Susana
Bought by
Bank Of America Na
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | Coventry Escrow & Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $144,569 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $136,569 | None Available | |
| Foreclosure Deed | $99,903 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $242,000 | Commercial | |
| Previous Owner | $1,300,000 | Commercial | |
| Previous Owner | $108,400 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $100,000 | -50.0% | $48 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | For Sale | $200,000 | -- | $96 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 | $1,744 | $51,440 | $6,560 | $44,880 |
| 2023 | $3,134 | $51,440 | $6,560 | $44,880 |
| 2022 | $3,134 | $51,440 | $6,560 | $44,880 |
| 2021 | $3,170 | $51,440 | $6,560 | $44,880 |
| 2020 | $2,956 | $40,800 | $7,720 | $33,080 |
| 2019 | $2,638 | $35,040 | $7,720 | $27,320 |
| 2018 | $2,539 | $35,040 | $7,720 | $27,320 |
| 2017 | $1,440 | $35,040 | $7,720 | $27,320 |
| 2016 | $1,876 | $42,920 | $0 | $0 |
| 2014 | $1,876 | $42,920 | $0 | $0 |
Source: Public Records
Source: Memphis Area Association of REALTORS®
MLS Number: 10183710
APN: 02-8046-0-0004
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