NOT LISTED FOR SALE

2550 Union Ave Memphis, TN 38112

Chickasaw Gardens Neighborhood

Estimated Value: $231,000 - $295,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $155,000 $97 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,648/month

26 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Attic
  • Deck
  • Wood Flooring
  • Some Wood Windows

About This Home

As of April 2015

1942 Midtown home w/hardwoods, smooth ceilings, fireplace, 3bdrms./2 full baths. Third bedroom is currently being used as an office, updated kitchen & bathrooms. Open floor plan with lots of windows for natural light, great backyard w/ wood fence and deck. 2 car garage w/ extra storage, this home is convenient to everything, very well maintained, neutral colors and is move in ready. Don’t miss out on this one. This home is immaculate and beautiful inside.

Last Agent to Sell the Property

Thomas Henze

Hobson, REALTORS License #320931 Listed on: 04/01/2015

Last Buyer's Agent

Nick Schmall

Morris and Morris License #331489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1942

Lot Details

  • 0.37 Acre Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,522 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Monitored
  • Storm Doors
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Alicia Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028047 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,234

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: ALICIA
  • MLS Map #: 746E
  • MAAR Subdivision Name: ALICIA PARK
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 101.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1522
  • Termite Contract: Yes
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Permanent Attic Stairs, Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • 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: Wrought Iron Security Drs, Patio, Deck, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Vinyl Siding, Double Pane Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Monitored Alarm System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 14 /
  • Acreage: 0.37
  • Lot Size: 89.35 X 173/172.4
  • Price Per Acre: 394595

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 028047 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 30, 2015
Sold by
Samuel Suhas Joe and Samuel Lekha
Bought by
Marcum Blake D
Seller's Agent
Thomas Henze
Hobson, REALTORS
Buyer's Agent
Nick Schmall
Morris and Morris
List Price
$146,000
Sold Price
$155,000
Premium/Discount to List
$9,000
6.16%
Current Estimated Value
$270,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,411
Avg. Annual Appreciation
6.34%
Original Mortgage
$152,192
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2011
Sold by
Sliger Kenneth
Bought by
Samuel Suhas Joe and Samuel Lekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2002
Sold by
Helton Kathy J
Bought by
Sliger Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,455
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1998
Sold by
Wessels Anna M
Bought by
Helton Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,309
Interest Rate
7.14%
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
Marcum Blake D $155,000 None Available
Samuel Suhas Joe $112,500 Home Surety Title & Escrow L
Sliger Kenneth $100,000 First American Title
Helton Kathleen J $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcum Blake D $133,621
Closed Marcum Blake D $152,192
Previous Owner Samuel Suhas Joe $90,000
Previous Owner Sliger Kenneth G $20,000
Previous Owner Sliger Kenneth $102,870
Previous Owner Sliger Kenneth $10,130
Previous Owner Sliger Kenneth $102,870
Previous Owner Sliger Kenneth G $12,000
Previous Owner Sliger Kenneth $98,455
Previous Owner Helton Kathleen J $84,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $155,000 +6.2% $111 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $146,000 -- $104 / 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 $2,234 $63,150 $7,500 $55,650
2024 $2,234 $65,900 $5,100 $60,800
2023 $4,014 $65,900 $5,100 $60,800
2022 $4,014 $65,900 $5,100 $60,800
2021 $4,061 $65,900 $5,100 $60,800
2020 $3,040 $41,950 $5,100 $36,850
2019 $3,040 $41,950 $5,100 $36,850
2018 $3,040 $41,950 $5,100 $36,850
2017 $1,724 $41,950 $5,100 $36,850
2016 $1,186 $27,150 $0 $0
2014 $1,186 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Henze

    Seller's Agent in 2015

    Thomas Henze

    Hobson, REALTORS

    (901) 833-8419

    10 in this area

    48 Total Sales

    Thomas Henze
    Section Image

  • N

    Buyer's Agent in 2015

    Nick Schmall

    Morris and Morris

    (901) 238-4328

    Nick Schmall
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9948406

Memphis Area Association of REALTORS®

APN: 02-8047-0-0032

Tennessee Shelby County Memphis 38112 Chickasaw Gardens

2550 Union Ave, Memphis, TN

This home is located at 2550 Union Ave, Memphis, TN 38112 since 01 April 2015 and is currently estimated at $270,411, approximately $169 per square foot. This property was built in 1942. 2550 Union Ave is a home located in Shelby County with nearby schools including Idlewild Elementary School, Sherwood Middle, and Central High School.

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