NOT LISTED FOR SALE

71 Union Ave Unit 304 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $209,000 - $269,000

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. 87% increase in value since last sale

Current estimated payment $1,372/month

374 Days on Market

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

Year Built

  • Built in 1989

Lot Details

  • 523

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • 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

Year Built

Built in 1989

Lot Details

523 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Upstairs - Flat
  • Cross Street: FRONT & MAIN
  • MAAR Subdivision Name: UNION COMMONS COOPERATIVE
  • Condo: Yes
  • Historic District: Gayoso-Peabody HP
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • 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
  • 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

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
$234,055

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
Outstanding Balance
$56,288
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$177,767
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
Patill Mahadev R $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patill Mahadev R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

    49 Total Sales

    Dustin Holmes
    Section Image
  • Stan Holmes

    Seller Co-Listing Agent in 2015

    Stan Holmes

    Welch Realty, LLC

    (901) 854-5050

    42 Total Sales

    Stan Holmes
    Section Image

  • N

    Buyer's Agent in 2015

    Neal Jackson

    Crye-Leike

    (901) 315-2620

    1 in this area

    11 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

Not Listed for Sale

Condos

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