NOT LISTED FOR SALE

2541 Madison Ave Memphis, TN 38112

Chickasaw Gardens Neighborhood

Estimated Value: $319,000 - $382,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $392,000 $178 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,960/month

52 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Den
  • Two Primary Bathrooms
  • Attic
  • Some Wood Windows

About This Home

As of March 2023

INVESTOR SPECIAL! Houses around the block sell between 330-400,000. This is a perfect candidate for someone wanting to do some renovations. This home is approx. 2000+ sq ft, has a detached two car garage. Do not miss out, schedule your showing today!

Last Agent to Sell the Property

Pennie Heath

Bluff City Realty Group, LLC License #349130 Listed on: 01/01/2023

Last Buyer's Agent

Laurence Kenner

Marx-Bensdorf, REALTORS License #24343

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 59x150
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,000 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Poplar Blvd Blk 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028047 00047

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Alicia
  • MAAR Subdivision Name: POPLAR BLVD BLK 4
  • List Price Per Sq Ft: 200
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Termite Contract: Yes
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Presently Inoperative, Decorative Only, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: W PT 1
  • Acreage: 0.2
  • Lot Size: 59X150

Tax Info

  • Assessor Parcel Number: 028047 00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Mar 1, 2023
Sold by
Giancola Mark
Bought by
Stucker James D and Stucker Shaunda L
Seller's Agent
Pennie Heath
Bluff City Realty Group, LLC
Buyer's Agent
Laurence Kenner
Marx-Bensdorf, REALTORS
List Price
$409,000
Sold Price
$392,000
Premium/Discount to List
-$17,000
-4.16%
Views
19
Current Estimated Value
$346,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,417
Avg. Annual Appreciation
-4.06%
Original Mortgage
$383,050
Outstanding Balance
$369,765
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
-$23,182

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 10, 2022
Sold by
5K Properties Llc
Bought by
Giancola Mark and Dietzler Terry
List Price
$249,900
Sold Price
$241,000
Premium/Discount to List
-$8,900
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.32%

Purchase Details

Closed on
Feb 22, 2022
Sold by
Vaccaro Archer-James Barbara
Bought by
5K 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
$242,100
Interest Rate
3.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stucker James D $392,000 Realty Title & Escrow
Giancola Mark $241,000 Realty Title & Escrow
5K Properties Llc $165,000 Edco Title & Closing Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stucker James D $383,050
Previous Owner 5K Properties Llc $242,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $249,900 -36.3% $129 / Sq Ft
03/01/2023 03/01/23 Sold $392,000 -2.0% $196 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $399,999 -2.2% $200 / Sq Ft
01/01/2023 01/01/23 For Sale $409,000 +69.7% $205 / Sq Ft
05/10/2022 05/10/22 Sold $241,000 0.0% $125 / Sq Ft View Prior Sale
05/10/2022 05/10/22 Sold $241,000 +0.5% $121 / Sq Ft View Prior Sale
04/15/2022 04/15/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $239,900 -4.0% $120 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $249,900 -- $125 / 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
2025 $2,094 $92,825 $7,500 $85,325
2024 $2,094 $61,775 $4,700 $57,075
2023 $3,763 $61,775 $4,700 $57,075
2022 $2,732 $44,850 $4,700 $40,150
2021 $3,247 $44,850 $4,700 $40,150
2019 $853 $26,700 $4,700 $22,000
2018 $853 $26,700 $4,700 $22,000
2017 $873 $26,700 $4,700 $22,000
2016 $987 $22,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pennie Heath

    Seller's Agent in 2023

    Pennie Heath

    Bluff City Realty Group, LLC

    (901) 734-1634

    2 in this area

    7 Total Sales

    Pennie Heath
    Section Image
  • Laurence Kenner

    Buyer's Agent in 2023

    Laurence Kenner

    Marx-Bensdorf, REALTORS

    (901) 351-4210

    2 in this area

    29 Total Sales

    Laurence Kenner
    Section Image
  • Jonathan Nunez

    Seller's Agent in 2022

    Jonathan Nunez

    Fast Track Realty, LLC

    (901) 453-8455

    2 in this area

    416 Total Sales

    Jonathan Nunez
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139656

Memphis Area Association of REALTORS®

APN: 02-8047-0-0047

Tennessee Shelby County Memphis 38112 Chickasaw Gardens

2541 Madison Ave, Memphis, TN

Not Listed for Sale

Detached

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