437 Monroe Ave Unit 103 Memphis, TN 38103
1
Bed
1
Bath
846
Sq Ft
1,350
Sq Ft Lot
About This Home
As of December 2024What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. This condo does not accept a mortgage or loan. Cash offers only. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.
Last Agent to Sell the Property
CrestCore Realty MphsBrokerage License #286759 Listed on: 08/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,742
Year Built
- Built in 2008
Parking
- 2 Parking Spaces
Interior Spaces
- 846 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Community Details
- Property has a Home Owners Association
- $240 Maintenance Fee
- First Amend Edge @ Monroe Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number 007003 A00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 10, 2015
Sold by
Caf B L 2015 Llc
Bought by
Ct Amm Bi Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,609,903
Outstanding Balance
$4,504,367
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
-$4,401,578
Purchase Details
Closed on
Sep 19, 2014
Sold by
Nabhan Said
Bought by
Prager Bridge Property I Llc
Purchase Details
Closed on
May 7, 2012
Sold by
Smith Kittrell
Bought by
Dilligaf Llc
Purchase Details
Closed on
Oct 25, 2011
Sold by
Waddell John and Waddell Nancy
Bought by
Monroe Properties Llc
Purchase Details
Closed on
Feb 3, 2010
Sold by
Monroe Properties Llc
Bought by
Waddell John and Waddell Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Interest Rate
5.16%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 31, 2009
Sold by
Monroe Properties Llc
Bought by
Smith Kittrell T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,900
Interest Rate
5.14%
Mortgage Type
Unknown
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $8,060,423 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Mid South Title Services Llc | |
| Warranty Deed | $1,460,000 | Mid South Title Services Llc | |
| Warranty Deed | $215,000 | Mid South Title Services Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,609,903 | Commercial | |
| Previous Owner | $1,460,000 | Unknown | |
| Previous Owner | $201,900 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $97,000 | -7.5% | $115 / Sq Ft |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- |
| 12/06/2024 12/06/24 | Price Changed | $104,900 | -3.7% | $124 / Sq Ft |
| 11/26/2024 11/26/24 | Price Changed | $108,900 | -3.5% | $129 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $112,900 | -2.6% | $133 / Sq Ft |
| 11/03/2024 11/03/24 | Price Changed | $115,900 | -3.3% | $137 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $119,900 | 0.0% | $142 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $119,900 | -- | $142 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,742 | $40,125 | $5,075 | $35,050 |
| 2024 | $1,742 | $51,400 | $8,120 | $43,280 |
| 2023 | $3,131 | $51,400 | $8,120 | $43,280 |
| 2022 | $3,131 | $51,400 | $8,120 | $43,280 |
| 2021 | $3,721 | $51,400 | $8,120 | $43,280 |
| 2020 | $3,319 | $45,800 | $8,120 | $37,680 |
| 2019 | $1,696 | $45,800 | $8,120 | $37,680 |
| 2018 | $1,696 | $45,800 | $8,120 | $37,680 |
| 2017 | $1,731 | $45,800 | $8,120 | $37,680 |
| 2016 | $1,608 | $36,800 | $0 | $0 |
| 2014 | $1,608 | $36,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Dean Harris
CrestCore Realty MphsBrokerage
(901) 619-6170
1,430 Total Sales
-
Buyer's Agent in 2024
Chinna Prude-Anderson
C21 Patterson & Assoc. Real Es
(901) 340-8029
38 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10179698
APN: 00-7003-A0-0003
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