NOT LISTED FOR SALE

2562 Union Ave Unit A Memphis, TN 38112

Chickasaw Gardens Neighborhood

Estimated Value: $266,000 - $341,000

3 Beds
2 Baths
3,000 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $158,000 $53 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,774/month

152 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Great Room
  • Porch

About This Home

As of February 2013

LUXURY MIDTOWN DUPLEX. ORIGINALLY DESIGNED & BUILT FOR WELL KNOWN MEMPHIS RESTAURANTEUR. TOTALLY RENOVATED. NEW ROOF, NEW HVAC, NEW & UPDATED KITCHENS & BATHS. UPSCALE APPLIANCES, SECURITY SYSTEM, NEW LANDSCAPING. LARGE STORAGE/WORKSHOP BUILDING.

Last Agent to Sell the Property

James Kincaide

Crye-Leike, Inc., REALTORS License #276775 Listed on: 08/01/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jo Ann Boyd

Heritage Homes Co. License #277275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1948

Lot Details

  • Landscaped Professionally
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • Walk-In Closet
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Dining Area
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Step Saver Kitchen Design
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • Alicia Park Blk 9 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028047 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: ALICIA/HOLLYWD
  • Second Address Number: 2562 B
  • MLS Map #: 746E
  • MAAR Subdivision Name: ALICIA PARK BLK 9
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 52.67
  • Estimated Sq Ft: 3000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher, Microwave, Smoke Detector(s)
  • Estimated Entire Duplex Sq Ft: Not Available
  • Miscellaneous Interior: All Window Treatments, Walk-In Closet(s), Cedar Lined Closet(s), Attic Access, Cable Wired, Satellite Dish

Exterior Features

  • Misc Exterior: Porch, Patio, Storage Building
  • Exterior Windows: Stone, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling, Electric Cooling
  • Heating: Central, Gas
  • Hot Water: Gas, Individual System

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped
  • Lot Number: E PT 15~
  • Lot Size: 93.82/93.42 X 166.92/174.14

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 028047 00031

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Feb 6, 2013
Sold by
Pride Properties Llc
Bought by
Stephens Nannie L
Seller's Agent
James Kincaide
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jo Ann Boyd
Heritage Homes Co.
List Price
$171,500
Sold Price
$158,000
Premium/Discount to List
-$13,500
-7.87%
Current Estimated Value
$297,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,825
Avg. Annual Appreciation
5.18%
Original Mortgage
$118,000
Outstanding Balance
$83,714
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$214,904

Purchase Details

Closed on
Sep 17, 2009
Sold by
Gattuso Francis Michael and Gattuso Paul Francis
Bought by
Pride Properties Llc
Source: Public Records

Range of Values:

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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
Stephens Nannie L $158,000 Realty Title
Pride Properties Llc $77,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Nannie L $118,000
Previous Owner Pride Properties Llc $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2013 02/06/13 Sold $158,000 -7.9% $53 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $171,500 -- $57 / 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 $1,965 $68,350 $7,500 $60,850
2024 $1,965 $57,975 $5,075 $52,900
2023 $3,532 $57,975 $5,075 $52,900
2022 $3,532 $57,975 $5,075 $52,900
2021 $3,573 $57,975 $5,075 $52,900
2020 $2,788 $38,475 $5,075 $33,400
2019 $2,788 $38,475 $5,075 $33,400
2018 $2,788 $38,475 $5,075 $33,400
2017 $1,581 $38,475 $5,075 $33,400
2016 $1,672 $38,250 $0 $0
2014 $1,515 $34,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Kincaide

    Crye-Leike

    Section Image

  • J

    Buyer's Agent in 2013

    Jo Ann Boyd

    Heritage Homes Co.

    (901) 755-2000

    4 Total Sales

    Jo Ann Boyd
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3253895

Memphis Area Association of REALTORS®

APN: 02-8047-0-0031

Tennessee Shelby County Memphis 38112 Chickasaw Gardens

2562 Union Ave Unit A, Memphis, TN

This home is located at 2562 Union Ave Unit A, Memphis, TN 38112 since 01 August 2012 and is currently estimated at $297,825, approximately $99 per square foot. This property was built in 1948. 2562 Union Ave Unit A is a home located in Shelby County with nearby schools including Idlewild Elementary School, Sherwood Middle, and Central High School.

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