NOT LISTED FOR SALE

71 Union Ave Unit 304 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $215,000 - $273,000

2 Beds
1 Bath
1,400-1,599 Sq Ft
523 Sq Ft Lot

Last Sold March 02, 2015

Last sale price $125,000 $78 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,446/month

Highlights

  • Updated Kitchen
  • Soft Contemporary Architecture
  • Attached Garage
  • Wood Flooring
  • Great Room
  • Eat-In Kitchen

About This Home

As of March 2015

Great loft with new kit appliance, countertops, breakfast bar. Its located in the heart of vibrant Downtown Memphis. Less than a block from the Trolley Line, walking distance from AutoZone Park, FedEx Forum, & Beal Street. Downtown living at its finest!

Last Agent to Sell the Property

Dustin Holmes

Welch Realty, LLC License #303769 Listed on: 02/03/2014

Co-Listed By

Stan Holmes

Welch Realty, LLC License #247567

Last Buyer's Agent

Neal Jackson

Crye-Leike, Inc., REALTORS License #292023

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,853

Year Built

  • Built in 1989

Lot Details

  • 523

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,445 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Den with Fireplace
  • Laundry closet

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Termite Clearance

Parking

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Courtyard
  • Upper Level

Community Details

Overview

  • Property has a Home Owners Association
  • $353 Maintenance Fee
  • Association fees include some utilities, exterior maintenance, grounds maintenance, management fees, exterior insurance
  • Union Commons Co Op Community
  • Union Commons Cooperative Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,853

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Upstairs - Flat
  • Cross Street: FRONT & MAIN
  • MLS Map #: 745A
  • MAAR Subdivision Name: UNION COMMONS COOPERATIVE
  • Condo: Yes
  • Historic District: Gayoso-Peabody HP
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 86.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1445
  • Termite Contract: Yes
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Parking Display: G0A
  • Parking Storage: Unassigned Parking, Rent Parking Space

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric Heat Pump
  • Security: Security Gate, Limited Access
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Some Utilities, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: UNION COMMONS CO-OP

Fee Information

  • Monthly Maintenance Fee: 353

Lot Info

  • Lot Number: UNIT 304

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 0000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2016
Sold by
Manes Scott
Bought by
Patill Mahadev R
Current Estimated Value
$238,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Patill Mahadev R $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patil Mahadev $150,676
Closed Patill Mahadev R $120,000
Previous Owner Murrphy Christopher P $49,286
Previous Owner Murphy Christopher P $35,000
Previous Owner Murphy Christopher P $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $125,000 -10.7% $89 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
02/03/2014 02/03/14 For Sale $139,900 -- $100 / 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 $1,853 $67,600 $3,250 $64,350
2024 $1,853 $54,650 $3,250 $51,400
2023 $3,329 $54,650 $3,250 $51,400
2022 $3,329 $54,650 $3,250 $51,400
2021 $3,368 $54,650 $3,250 $51,400
2020 $2,311 $31,900 $3,250 $28,650
2019 $2,311 $31,900 $3,250 $28,650
2018 $2,311 $31,900 $3,250 $28,650
2017 $1,311 $31,900 $3,250 $28,650
2016 $1,495 $34,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Holmes

    Seller's Agent in 2015

    Dustin Holmes

    Welch Realty, LLC

    (901) 461-7131

    58 Total Sales

    Dustin Holmes
    Section Image
  • Stan Holmes

    Seller Co-Listing Agent in 2015

    Stan Holmes

    Welch Realty, LLC

    (901) 854-5050

    50 Total Sales

    Stan Holmes
    Section Image

  • N

    Buyer's Agent in 2015

    Neal Jackson

    Crye-Leike

    (901) 315-2620

    2 in this area

    13 Total Sales

    Neal Jackson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3289795

Memphis Area Association of REALTORS®

APN: 00-2042-0-0050

Tennessee Shelby County Memphis 38103 Downtown Memphis

71 Union Ave Unit 304, Memphis, TN

This home is located at 71 Union Ave Unit 304, Memphis, TN 38103 since 03 February 2014 and is currently estimated at $238,963, approximately $149 per square foot. This property was built in 1989. 71 Union Ave Unit 304 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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