NOT LISTED FOR SALE

The Shrine Building 66 Monroe Ave Unit RG5 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $272,000 - $328,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
1,307 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $325,000 $232 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,832/month

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Fitness Center
  • Sauna
  • 3-minute walk to Fourth Bluff

About This Home

As of September 2021

This stunning two-level, top-floor, 2BR/2BA condo with river, city & bridge views features a spiral staircase to the upstairs primary bedroom suite, plus an upper-level entrance as well. Guest bedroom and bathroom, kitchen, living and dining areas down. Living area boasts a 20 foot ceiling, with tall windows with automated shades. Fully renovated kitchen with floorplan has new cabinets, quartz countertops, & includes new refrigerator & wine refrigerator. Come see this one of a kind property!

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 06/05/2021

Last Buyer's Agent

Frank Warren

Coldwell Banker Collins-Maury License #330414

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1923

Lot Details

  • 1,307

Home Design

  • Traditional Architecture
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,327 Sq Ft Home
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Den
  • Sauna
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Home Security

Parking

  • On-Site Parking for Rent
  • On-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002038 A00077

Community Details

Overview

  • Property has a Home Owners Association
  • $650 Maintenance Fee
  • Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, pest control contract, some utilities, trash collection, water/sewer
  • 75 Units
  • High-Rise Condominium
  • Shrine Building Cond Community
  • Shrine Building Condos First Amend Subdivision
  • Property managed by Wright Property Mgmt
  • 14-Story Property

Recreation

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,383

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • Cross Street: Front
  • MLS Map #: 745A
  • MAAR Subdivision Name: SHRINE BUILDING CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 252
  • Number Of Stories: 14
  • Price Per Sq Ft: 244.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1327
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen
  • Second Story Floor Plan: Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Primary Up, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Smooth Ceiling
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room
  • Misc Interior: All Window Treatments
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Hardwood Floor, Smooth Ceiling

Exterior Features

  • Misc Exterior: Gas Grill, Deck, Sauna, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Full Basement
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Parking Storage: Rent Parking Space, On-Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Security: Dead Bolt Lock(s), Limited Access, Smoke Detector(s)
  • Water Sewer: Public Sewer, Public Water

Association/Amenities

  • Condo Amenities: Sauna, Exercise Room, Water View
  • Condo Fees Include: Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Pest Control Contract, Some Utilities, Trash Collection, Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: Shrine Building Cond
  • Management Company: Wright Property Mgmt

Fee Information

  • Monthly Maintenance Fee: 650

Lot Info

  • Lot Description: Water View
  • Lot Number: UNIT RG5
  • Acreage: 0.03
  • Price Per Acre: 11163333

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002038 A00077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 27, 2019
Sold by
Strange Warren H and Strange Anne E
Bought by
Guttman Marisol N
Seller's Agent
Milleigh Pearson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Beth Halbach
Keller Williams
List Price
$263,000
Sold Price
$255,000
Premium/Discount to List
-$8,000
-3.04%
Current Estimated Value
$307,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,591
Avg. Annual Appreciation
3.14%
Original Mortgage
$204,000
Outstanding Balance
$136,002
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$171,589

Purchase Details

Listed on
Jul 17, 2014
Closed on
May 18, 2015
Sold by
Raines Peggy R
Bought by
Strange Warren H and Strange Anne E
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Milleigh Pearson
Crye-Leike, Inc., REALTORS
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$135,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2012
Sold by
Raines Andrew H
Bought by
Raines Peggy

Purchase Details

Closed on
Apr 30, 2009
Sold by
Shrine Investment Company
Bought by
Raines Andrew H and Raines Peggy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Guttman Marisol N $255,000 None Available
Strange Warren H $235,000 None Available
Raines Peggy -- None Available
Raines Andrew H $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guttman Marisol N $204,000
Previous Owner Strange Warren H $135,000
Previous Owner Raines Andrew H $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $325,000 -3.0% $271 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/13/2021 07/13/21 Price Changed $334,900 -2.9% $279 / Sq Ft
06/05/2021 06/05/21 Price Changed $344,900 +3.0% $287 / Sq Ft
06/05/2021 06/05/21 For Sale $334,900 +31.3% $279 / Sq Ft
09/27/2019 09/27/19 Sold $255,000 -3.0% $182 / Sq Ft View Prior Sale
08/23/2019 08/23/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $263,000 +11.9% $188 / Sq Ft
05/18/2015 05/18/15 Sold $235,000 -14.5% $168 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
07/17/2014 07/17/14 For Sale $275,000 -- $196 / 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 $2,383 $89,000 $850 $88,150
2024 $2,383 $70,300 $850 $69,450
2023 $4,282 $70,300 $850 $69,450
2022 $4,282 $70,300 $850 $69,450
2021 $5,090 $70,300 $850 $69,450
2020 $4,589 $63,325 $850 $62,475
2019 $2,024 $63,325 $850 $62,475
2018 $2,024 $63,325 $850 $62,475
2017 $2,072 $63,325 $850 $62,475
2016 $2,267 $51,875 $0 $0
2014 $2,267 $56,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2021

    Mike Parker

    The Firm

    (901) 277-7275

    18 in this area

    252 Total Sales

    Mike Parker
    Section Image
  • Frank Warren

    Buyer's Agent in 2021

    Frank Warren

    Coldwell Banker Collins-Maury

    (901) 212-5350

    1 in this area

    59 Total Sales

    Frank Warren
    Section Image
  • Milleigh Pearson

    Seller's Agent in 2019

    Milleigh Pearson

    Crye-Leike, Inc., REALTORS

    (901) 550-1517

    135 Total Sales

    Milleigh Pearson
    Section Image
  • Beth Halbach

    Buyer's Agent in 2019

    Beth Halbach

    Keller Williams

    (901) 337-6721

    54 Total Sales

    Beth Halbach
    Section Image
  • Jennifer & Joel Hobson

    Seller's Agent in 2015

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    1 in this area

    184 Total Sales

    Jennifer & Joel Hobson
    Section Image
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About The Shrine Building

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101051

Memphis Area Association of REALTORS®

APN: 00-2038-A0-0077

Tennessee Shelby County Memphis 38103 Downtown Memphis

66 Monroe Ave Unit RG5, Memphis, TN

This home is located at 66 Monroe Ave Unit RG5, Memphis, TN 38103 since 05 June 2021 and is currently estimated at $307,591, approximately $219 per square foot. This property was built in 1923. 66 Monroe Ave Unit RG5 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.

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