NOT LISTED FOR SALE

54 Monroe Ave Jackson, TN 38301

Estimated Value: $59,000 - $86,760

2 Beds
1 Bath
1,123 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $49,999 $45 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $383/month

2 Days on Market

Highlights

  • Bathtub with Shower
  • Central Air
  • Carpet
  • 1-Story Property
  • Ceiling Fan

About This Home

As of July 2022

This is a great investment opportunity in mid-town Jackson!! This is a 2 bed 1 bath single family home currently rented at $600 a month with the opportunity for rent increase!!

Last Agent to Sell the Property

Janet DiChiara

EXIT Realty Blues City License #266521 Listed on: 06/02/2022

EXIT Realty Blues City

Last Buyer's Agent

Jacob Taylor

Ragan Realty Group License #354041

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Single Oven
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub with Shower

Outdoor Features

  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 099E C 006.00

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Age: 70
  • Class: RESIDENTIAL
  • Group: C
  • Type: Single Family
  • Year Built: 1962
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Carpet/Vinyl
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.52
  • Estimated Heated Sq Ft: 1123
  • Appliances: Dishwasher | Refrigerator
  • Estimated Unheated Sq Ft: 27
  • Attic Type: Pull Down Stairs
  • Bedroom 2 Level: m
  • Countertops: Formica (Plastic)
  • In Law Quarters: No
  • Internal Features: Ceiling Fan(s) | Washer/Dryer Connection
  • Kitchen Features: Built In Cabinet Pantry
  • Kitchen Size: 7x11
  • Primary Bathroom: Tub Shower Combo | Single Vanity
  • Master Bedroom Level: Main
  • Master Bedroom Level2: m
  • Master Bedroom Size: 12x12
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Range Ovens: 1 Oven
  • Windows Treatments: Blinds-Vinyl

Exterior Features

  • Construction: Vinyl Siding
  • Foundation: Crawl Space
  • Water: Public
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: None
  • External Features: Gutters | Mail Box
  • On Golf Course: No
  • Pool: None
  • Roof: Composite Shingle

Garage/Parking

  • Garage Type: None

Utilities

  • Sewer: Public
  • Air Units: 1
  • Cooling System: Cent. A/C-Electric
  • Heating System: Heat Pump(s)
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 6/2/2022 6:59:46 PM
  • Geo Address Line: 54 Monroe Ave
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 10000
  • Map Number: 099E
  • Number Of Acres: 0.23
  • Parcel Number: 099E C 006.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 7, 2022
Sold by
Nixon Katelyn E
Bought by
Midsouth Trust Group
Seller's Agent
Janet DiChiara
EXIT Realty Blues City
Buyer's Agent
Jacob Taylor
Ragan Realty Group
List Price
$49,999
Sold Price
$49,999
Current Estimated Value
$69,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,941
Avg. Annual Appreciation
10.13%
Original Mortgage
$93,925
Outstanding Balance
$32,366
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$37,574

Purchase Details

Closed on
Jul 31, 2018
Sold by
Downing Wade
Bought by
Nixon Katelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2017
Sold by
Wright Theressa Diane and Wright Jonathon T
Bought by
All American Properties Llc

Purchase Details

Closed on
Oct 9, 2012
Sold by
Arnold Christy L
Bought by
Wright Jonathan and Wright Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,080
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2012
Bought by
Wright Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,080
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2009
Sold by
Brantley Wayne
Bought by
Arnold Christy L

Purchase Details

Closed on
Nov 20, 2002
Sold by
Lasalle Bank Trustee
Bought by
Susan Brantley

Purchase Details

Closed on
Aug 22, 2002
Sold by
Sec Hud
Bought by
Lasalle Bank

Purchase Details

Closed on
Mar 24, 1998
Bought by
Mccord Aubrey V and Mccord Tonya Henley

Purchase Details

Closed on
Sep 18, 1997
Sold by
Central State Bank
Bought by
Lewis Thomas L and Lewis Ledora L

Purchase Details

Closed on
Aug 27, 1997
Sold by
Central State Bank
Bought by
Central State Bank

Purchase Details

Closed on
Sep 1, 1994
Sold by
Roger Garrett
Bought by
Tracy Haywood

Purchase Details

Closed on
Oct 31, 1988
Bought by
Garrett Roger Dale

Purchase Details

Closed on
Dec 14, 1965
Bought by
Chason Mary W
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
Midsouth Trust Group $110,500 Byrd & Byrd Pllc
Nixon Katelyn E $33,250 None Available
All American Properties Llc -- None Available
Wright Jonathan $54,080 --
Wright Jonathan $54,100 --
Arnold Christy L -- --
Susan Brantley $15,000 --
Lasalle Bank $33,899 --
Mccord Aubrey V $43,900 --
Lewis Thomas L $25,000 --
Central State Bank $32,000 --
Tracy Haywood $31,500 --
Garrett Roger Dale -- --
Chason Mary W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midsouth Trust Group $93,925
Previous Owner Nixon Katelyn E $26,600
Previous Owner Wright Jonathan $54,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $49,999 0.0% $45 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $49,999 -- $45 / Sq Ft
Source: Central West Tennessee 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 $202 $10,775 $1,175 $9,600
2024 $202 $10,775 $1,175 $9,600
2022 $376 $16,800 $1,175 $15,625
2021 $369 $8,550 $1,000 $7,550
2020 $348 $8,075 $1,000 $7,075
2019 $348 $8,075 $1,000 $7,075
2018 $348 $8,075 $1,000 $7,075
2017 $332 $7,525 $1,000 $6,525
2016 $310 $7,525 $1,000 $6,525
2015 $309 $7,525 $1,000 $6,525
2014 $309 $7,525 $1,000 $6,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 222483

Central West Tennessee Association of REALTORS®

APN: 099E-C-006.00