NOT LISTED FOR SALE

71 Union Ave Unit 202 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $195,000 - $241,000

1 Bed
1 Bath
1,000-1,199 Sq Ft
436 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $165,500 $138 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,311/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Great Room
  • Deck
  • 1 Fireplace
  • Den

About This Home

As of September 2021

Updated condo in heart of downtown Memphis. 12ft ceilings, hardwoods, exposed brick. Open floorplan w/ large island, quartz counters, SS appliances. Gorgeous bath w/ double sink & walk-in shower. Huge bedroom w/ walk-in closet. Incl. washer/dryer. Secure building, rooftop deck, opt. attached parking (not included). Walk to restaurants, attractions & work. 1yr lease min. beginning as early as early August, $1650/mo; $1650 deposit; credit check. Showings during Open House Sunday, 7/18 from 1-3pm.

Last Agent to Rent the Property

Julie Upchurch

McWaters & Associates License #343132 Listed on: 07/15/2021

Last Renter's Agent

Julie Upchurch

McWaters & Associates License #343132 Listed on: 07/15/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1989

Lot Details

  • 436

Parking

  • Attached Garage

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,220 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Great Room
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002042 00036

Community Details

Overview

  • Mid-Rise Condominium
  • First Amendment Union Commons Condos Subdivision

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,526

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: 2nd FL Multi-Story Condo, Mid Rise
  • Cross Street: Front
  • MLS Map #: 745A
  • MAAR Subdivision Name: UNION COMMONS CONDOMINIUMS
  • List Price Per Sq Ft: 1
  • Number Of Stories: 2
  • Price Per Sq Ft: 1.35
  • Estimated Sq Ft: 1220
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Second Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 1
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Sec Doors, Deck
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Parking Display: G0A

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Number: 491

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002042 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
May 31, 2019
Sold by
Carnell Kevin and Carnell Jessica
Bought by
Sorrels Regina C
Seller's Agent
Julie Upchurch
McWaters & Associates
Buyer's Agent
Julie Upchurch
McWaters & Associates
Sold Price
$1,450
Current Estimated Value
$214,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,001
Avg. Annual Appreciation
4.29%
Original Mortgage
$124,125
Outstanding Balance
$109,812
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$104,743

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jun 15, 2015
Sold by
Iberiabank
Bought by
Carnell Kevin and Carnell Jessica
Seller's Agent
Allison Pierce
KAIZEN Realty, LLC
Buyer's Agent
Allison Pierce
KAIZEN Realty, LLC
List Price
$93,000
Sold Price
$91,000
Premium/Discount to List
-$2,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%

Purchase Details

Closed on
Feb 24, 2015
Sold by
Walker Michael S
Bought by
Iberiabank
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
Sorrels Regina C $165,500 Multiple
Carnell Kevin $91,000 Home Surety Title & Escrow L
Iberiabank $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrels Regina C $124,125
Previous Owner Walker Michael S $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Rented $1,650 0.0% --
07/15/2021 07/15/21 For Rent $1,650 +10.0% --
06/22/2020 06/22/20 Rented $1,500 0.0% --
06/16/2020 06/16/20 For Rent $1,500 +3.4% --
06/30/2019 06/30/19 Rented $1,450 0.0% --
06/20/2019 06/20/19 For Rent $1,450 0.0% --
05/31/2019 05/31/19 Sold $165,500 -5.4% $166 / Sq Ft
03/15/2019 03/15/19 For Sale $175,000 +92.3% $175 / Sq Ft
07/16/2015 07/16/15 Sold $91,000 -2.2% $91 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $93,000 -- $93 / 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 $1,526 $57,300 $2,600 $54,700
2024 $1,526 $45,025 $2,600 $42,425
2023 $2,743 $45,025 $2,600 $42,425
2022 $2,743 $45,025 $2,600 $42,425
2021 $2,775 $45,025 $2,600 $42,425
2020 $1,730 $23,875 $2,600 $21,275
2019 $967 $23,875 $2,600 $21,275
2018 $763 $23,875 $2,600 $21,275
2017 $781 $23,875 $2,600 $21,275
2016 $1,191 $27,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Upchurch

    Landlord's Agent in 2021

    Julie Upchurch

    McWaters & Associates

    (901) 412-0111

    148 Total Sales

    Section Image

  • N

    Seller's Agent in 2019

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • A

    Seller's Agent in 2015

    Allison Pierce

    KAIZEN Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104116

Memphis Area Association of REALTORS®

APN: 00-2042-0-0044

Tennessee Shelby County Memphis 38103 Downtown Memphis

71 Union Ave Unit 202, Memphis, TN

This home is located at 71 Union Ave Unit 202, Memphis, TN 38103 since 15 July 2021 and is currently priced at $214,877. This property was built in 1989. 71 Union Ave Unit 202 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Southwest Early College High School.

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