NOT LISTED FOR SALE

77 Vance Ave Unit 104 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $149,000 - $178,000

1 Bed
1 Bath
100-999 Sq Ft
392 Sq Ft Lot

Last Sold October 18, 2017

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

Est. 27% increase in value since last sale

Current estimated payment $952/month

1 Day on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Detached Garage
  • 3-minute walk to Vance Park

About This Home

As of October 2017

Investment Opportunity! Renter Occupied 1st floor unit in South Main Arts District! Gated Assigned Parking, 1BR/1Bath, eat-in kitchen, exposed brick, large closets, all appliances included! Historic Ambassador Commons is in the heart of it all!

Last Agent to Sell the Property

Katie Baker

Baker Group Realty, LLC License #308354 Listed on: 09/13/2017

Baker Group Realty, LLC

Last Buyer's Agent

Lee Anne Crisp

Epique Realty License #339201

Epique Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 2003

Lot Details

  • 392

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 696 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Gated Parking

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $225 Maintenance Fee
  • 18 Units
  • Ambassador Commons Community
  • First Amendment Ambassador Commons Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002103 B00004

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,007

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 745A
  • MAAR Subdivision Name: AMBASSADOR COMMONS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 180
  • Number Of Stories: 1
  • Price Per Sq Ft: 179.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 696
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Ambassador Commons

Fee Information

  • Monthly Maintenance Fee: 225

Lot Info

  • Lot Number: UNIT 104

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002103 B00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Palmer Nancy A and The Nancy A Palmer Revocable T
Bought by
Majors Steven M
Current Estimated Value
$159,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,675
Outstanding Balance
$102,717
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$56,626

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 17, 2017
Sold by
Legault Nicole
Bought by
Palmer Nancy A and The Nancy A Palmer Revocable Trust
Seller's Agent
Katie Baker
Baker Group Realty, LLC
Buyer's Agent
Lee Anne Crisp
Epique Realty
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$93,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Ambassador Commons Llc
Bought by
Black Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,900
Interest Rate
6.1%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Majors Steven M $148,900 Tennessee Nations Ttl Agcy I
Palmer Nancy A $125,000 None Available
Black Nicole $119,500 Realty Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majors Steven M $111,675
Previous Owner Palmer Nancy A $93,750
Previous Owner Black Nicole $23,900
Previous Owner Black Nicole $95,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $125,000 0.0% $1,250 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $125,000 -- $1,250 / 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 $1,007 $36,725 $1,875 $34,850
2024 $1,007 $29,700 $1,875 $27,825
2023 $1,809 $29,700 $1,875 $27,825
2022 $1,809 $29,700 $1,875 $27,825
2021 $1,830 $29,700 $1,875 $27,825
2020 $1,908 $26,325 $1,875 $24,450
2019 $841 $26,325 $1,875 $24,450
2018 $841 $26,325 $1,875 $24,450
2017 $861 $26,325 $1,875 $24,450
2016 $937 $21,450 $0 $0
2014 $937 $21,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Baker

    Seller's Agent in 2017

    Katie Baker

    Baker Group Realty, LLC

    (901) 351-7235

    2 in this area

    106 Total Sales

    Section Image
  • Lee Anne Crisp

    Buyer's Agent in 2017

    Lee Anne Crisp

    Epique Realty

    (901) 846-4490

    7 in this area

    59 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10011529

Memphis Area Association of REALTORS®

APN: 00-2103-B0-0004

Tennessee Shelby County Memphis 38103 South Main

77 Vance Ave Unit 104, Memphis, TN

This home is located at 77 Vance Ave Unit 104, Memphis, TN 38103 since 13 September 2017 and is currently estimated at $159,343, approximately $159 per square foot. This property was built in 2003. 77 Vance Ave Unit 104 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

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