NOT LISTED FOR SALE

2541 Mcadoo Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $185,000 - $234,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $175,000 $109 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,191/month

23 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 3-minute walk to Binghampton Park

About This Home

As of December 2018

This house is special! Magnificently restored 1930's home in up and coming Binghampton. Maintains its original style while being practically a new house. You will not find a better built home in this neighborhood with modern conveniences and energy efficient. Walking distance to the hot Broad Ave. Arts District and Overton Park with a great neighborhood park just a block away. New roof, new HVAC, new...everything! Come see this gem in the heart of Memphis!

Last Agent to Sell the Property

Scott Hopkins

Keller Williams License #329590 Listed on: 11/28/2018

Keller Williams

Last Buyer's Agent

Kaylee J. Oaks

Hometown Realty License #333626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1934

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Wood Fence
  • Landscaped
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,404 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Double Pane Windows
  • Separate Formal Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Binghampton Blk 37 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033028 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$731

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744I
  • MAAR Subdivision Name: BINGHAMPTON BLK 37
  • List Price Per Sq Ft: 125
  • Number Of Stories: 2
  • Price Per Sq Ft: 124.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1404
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Renovated Bathroom, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch, Sidewalks
  • Exterior Windows: Wood/Composition, Double Pane Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.17
  • Lot Size: 50 X 150
  • Price Per Acre: 1029412

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 033028 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Bowman Colin
Bought by
Touchet Yvette
Current Estimated Value
$207,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Outstanding Balance
$172,323
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$43,026

Purchase Details

Listed on
Nov 28, 2018
Closed on
Dec 28, 2018
Sold by
Open Door Memphis Llc
Bought by
Touchet Yvette and Bowman Colin
Seller's Agent
Scott Hopkins
Keller Williams
Buyer's Agent
Kaylee J. Oaks
Hometown Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$169,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2018
Sold by
Boone Richard
Bought by
Open Door Memphis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
4.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 14, 2009
Sold by
Hwang Family Company Llc
Bought by
Boone Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 8, 2004
Sold by
Hwang Joanna C
Bought by
Hwang Family Co Llc

Purchase Details

Closed on
May 10, 2002
Sold by
Hwang Joanna C
Bought by
Hwang Philip
Source: Public Records

Range of Values:

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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
Touchet Yvette -- Quality Title Group
Touchet Yvette $175,000 Memphis Title Co
Open Door Memphis Llc $55,000 None Available
Boone Richard $27,500 None Available
Hwang Family Co Llc -- --
Hwang Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touchet Yvette $179,000
Previous Owner Touchet Yvette $169,750
Previous Owner Open Door Memphis Llc $93,500
Previous Owner Boone Richard $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $175,000 0.0% $125 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $175,000 -- $125 / 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 $731 $62,475 $6,325 $56,150
2024 $731 $21,550 $3,000 $18,550
2023 $1,313 $21,550 $3,000 $18,550
2022 $0 $21,550 $3,000 $18,550
2021 $1,328 $21,550 $3,000 $18,550
2020 $1,558 $21,500 $3,000 $18,500
2019 $1,558 $21,500 $3,000 $18,500
2018 $697 $9,625 $3,000 $6,625
2017 $396 $9,625 $3,000 $6,625
2016 $362 $8,275 $0 $0
2014 $362 $8,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Hopkins

    Keller Williams

    1 in this area

    30 Total Sales

    Scott Hopkins
    Section Image
  • Kaylee J. Oaks

    Buyer's Agent in 2018

    Kaylee J. Oaks

    Hometown Realty

    (901) 494-0127

    1 in this area

    153 Total Sales

    Kaylee J. Oaks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10041419

Memphis Area Association of REALTORS®

APN: 03-3028-0-0003

Tennessee Shelby County Memphis 38112 Binghampton

2541 Mcadoo Ave, Memphis, TN

This home is located at 2541 Mcadoo Ave, Memphis, TN 38112 since 28 November 2018 and is currently estimated at $207,349, approximately $129 per square foot. This property was built in 1934. 2541 Mcadoo Ave is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Central High School.

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