NOT LISTED FOR SALE

71 Union Ave Unit 203 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $212,000 - $273,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
436 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $250,000 $179 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,449/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • Wood Flooring
  • Attached Garage
  • Courtyard

About This Home

As of June 2023

Welcome to this amazing condo in Downtown Memphis! This condo features 2 bedrooms and 1 full bath ~ Unit #203 ~ Large living area ~ Large kitchen area ~ Updated bathroom ~ Washer/Dryer connections in unit ~ Direct access from the building to the parking garage next door ~ Monthly parking pass can be bought for an estimated $100 per month ~ Views of the river from the top deck ~ Located only about a block away from the river

Last Agent to Sell the Property

Stephen Anderson

Emmett Baird Realty, LLC License #315061 Listed on: 06/02/2023

Co-Listed By

Briley Anderson

Emmett Baird Realty, LLC License #362553

Last Buyer's Agent

Christy Palmer

BHHS McLemore & Co., Realty License #351425

BHHS McLemore & Co., Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1925

Lot Details

  • 436

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,264 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Den with Fireplace
  • Wood Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $358 Maintenance Fee
  • Association fees include trash collection
  • Mid-Rise Condominium
  • Union Commons Community
  • Union Commons Second Amendment Subdivision
  • Property managed by Wright Management

Listing and Financial Details

  • Assessor Parcel Number 002042 00045

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,664

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Front
  • MLS Map #: 745A
  • MAAR Subdivision Name: UNION COMMONS COOPERATIVE
  • Condo: Yes
  • List Price Per Sq Ft: 198
  • Number Of Stories: 1
  • Price Per Sq Ft: 197.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1264
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking Storage: Rent Parking Space, On-Street Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Trash Collection
  • Condominium Association: Yes
  • Condominium Name: Union Commons
  • Management Company: Wright Management

Fee Information

  • Monthly Maintenance Fee: 358

Lot Info

  • Lot Number: UNIT 203
  • Acreage: 0.01
  • Lot Size: .01
  • Price Per Acre: 25000000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002042 00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jun 14, 2023
Sold by
Bard Jared
Bought by
Mary Suellen Young Revocable Living Trust
Seller's Agent
Stephen Anderson
Emmett Baird Realty, LLC
Buyer's Agent
Christy Palmer
BHHS McLemore & Co., Realty
List Price
$250,000
Sold Price
$250,000
Views
114
Current Estimated Value
$237,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,823
Avg. Annual Appreciation
-2.29%

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 10, 2021
Sold by
Helgerson Kurt A
Bought by
Bard Jared
Seller's Agent
Meredith McDonald
Ware Jones, REALTORS
Buyer's Agent
Myra Sheddan
Marx-Bensdorf, REALTORS
List Price
$219,000
Sold Price
$224,000
Premium/Discount to List
$5,000
2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$179,200
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Mary Suellen Young Revocable Living Trust $250,000 Local Title
Bard Jared $224,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bard Jared $179,200
Previous Owner Helgerson Kurt A $125,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $250,000 0.0% $208 / Sq Ft
06/02/2023 06/02/23 For Sale $250,000 +11.6% $208 / Sq Ft
03/12/2021 03/12/21 Sold $224,000 0.0% $187 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/02/2021 01/02/21 Price Changed $224,000 +2.3% $187 / Sq Ft
11/16/2020 11/16/20 For Sale $219,000 -- $183 / 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 $1,664 $62,450 $2,925 $59,525
2024 $1,664 $49,100 $2,925 $46,175
2023 $2,991 $49,100 $2,925 $46,175
2022 $2,991 $49,100 $2,925 $46,175
2021 $3,555 $49,100 $2,925 $46,175
2020 $1,889 $26,075 $2,925 $23,150
2019 $833 $26,075 $2,925 $23,150
2018 $833 $26,075 $2,925 $23,150
2017 $853 $26,075 $2,925 $23,150
2016 $1,343 $30,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Anderson

    Seller's Agent in 2023

    Stephen Anderson

    Emmett Baird Realty, LLC

    (901) 338-9043

    1 in this area

    64 Total Sales

    Section Image
  • Briley Anderson

    Seller Co-Listing Agent in 2023

    Briley Anderson

    Emmett Baird Realty, LLC

    (901) 603-4230

    1 in this area

    38 Total Sales

    Section Image
  • Christy Palmer

    Buyer's Agent in 2023

    Christy Palmer

    BHHS McLemore & Co., Realty

    (901) 602-6459

    1 in this area

    53 Total Sales

    Section Image
  • Meredith McDonald

    Seller's Agent in 2021

    Meredith McDonald

    Ware Jones, REALTORS

    (901) 484-7955

    1 in this area

    144 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Paul McDonald

    Ware Jones, REALTORS

    Section Image

  • M

    Buyer's Agent in 2021

    Myra Sheddan

    Marx-Bensdorf, REALTORS

    (901) 870-0154

    1 in this area

    41 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149223

Memphis Area Association of REALTORS®

APN: 00-2042-0-0045

Tennessee Shelby County Memphis 38103 Downtown Memphis

71 Union Ave Unit 203, Memphis, TN

This home is located at 71 Union Ave Unit 203, Memphis, TN 38103 since 02 June 2023 and is currently estimated at $240,264, approximately $171 per square foot. This property was built in 1925. 71 Union Ave Unit 203 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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