NOT LISTED FOR SALE

77 Vance Ave Unit 105 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $146,000 - $192,000

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

Last Sold September 13, 2017

Last sale price $115,000 $115 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,158/month

4 Days on Market

Highlights

  • Gated Parking
  • Soft Contemporary Architecture
  • Laundry closet
  • Wood Flooring
  • End Unit
  • 3-minute walk to Vance Park

About This Home

As of September 2017

Investor opportunity! Selling Chic Furnished 1 BR/1Bath w/flex space on first floor of historic Ambassador Commons building. Exposed bricks and ceiling beam, hardwood floors, beautiful light fixtures, custom painted trim and cabinets, den couches convert to beds, front loading washer/dryer, drapes, new blinds, all appliances stay! Gated assigned parking! Steps from new restaurants, Beale St, Fedex Forum, Orpheum Theater & South Main!*Exception of books, hallway art, dishes. NonMLS Commission 2%

Last Agent to Sell the Property

Katie Baker

Baker Group Realty, LLC License #308354 Listed on: 08/15/2017

Baker Group Realty, LLC

Last Buyer's Agent

Andrew Cavallo

901 Real Estate Services License #337544

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1926

Lot Details

  • End Unit
  • Wrought Iron Fence

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 759 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Assigned Parking

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $225 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, parking
  • Ambassador Commons Community
  • First Amendment Ambassador Commons Condo Subdivision
  • Property managed by Wright Property Mgmt

Listing and Financial Details

  • Assessor Parcel Number 002103 B00005

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,631

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit, First Floor Flat
  • MLS Map #: 745A
  • MAAR Subdivision Name: AMBASSADOR COMMONS
  • Condo: Yes
  • List Price Per Sq Ft: 174
  • Number Of Stories: 1
  • Price Per Sq Ft: 151.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 759
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Iron Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Parking
  • Condominium Association: Yes
  • Condominium Name: Ambassador Commons
  • Management Company: Wright Property Mgmt

Fee Information

  • Monthly Maintenance Fee: 225

Lot Info

  • Lot Number: UNIT 105

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002103 B00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Hodge Jonathan B
Bought by
Memphis 901 Holdings Llc
Current Estimated Value
$187,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,452,800
Outstanding Balance
$1,343,820
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
-$1,161,361

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 13, 2017
Sold by
Glover Robert Mark and Glover Donna
Bought by
Hodge Jonathan B
Seller's Agent
Katie Baker
Baker Group Realty, LLC
Buyer's Agent
Andrew Cavallo
901 Real Estate Services
List Price
$132,000
Sold Price
$115,000
Premium/Discount to List
-$17,000
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$86,250
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2006
Sold by
Ambassador Commons Llc
Bought by
Glover Robert Mark and Glover Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,089
Interest Rate
6.49%
Mortgage Type
Unknown
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
Memphis 901 Holdings Llc -- --
Hodge Jonathan B $115,000 Compass Land Title Llc
Glover Robert Mark $122,700 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memphis 901 Holdings Llc $1,452,800
Previous Owner Hodge Jonathan B $86,250
Previous Owner Glover Robert Mark $25,089
Previous Owner Glover Robert Mark $98,160
Previous Owner Glover Robert Mark $24,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $115,000 -12.9% $1,150 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $132,000 -- $1,320 / 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 $1,631 $57,840 $3,000 $54,840
2024 $1,631 $48,120 $3,000 $45,120
2023 $2,931 $48,120 $3,000 $45,120
2022 $2,931 $48,120 $3,000 $45,120
2021 $3,484 $48,120 $3,000 $45,120
2020 $3,513 $45,320 $3,000 $42,320
2019 $1,678 $45,320 $3,000 $42,320
2018 $1,678 $45,320 $3,000 $42,320
2017 $927 $28,325 $1,875 $26,450
2016 $961 $22,000 $0 $0
2014 $961 $22,000 $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
  • Andrew Cavallo

    Buyer's Agent in 2017

    Andrew Cavallo

    901 Real Estate Services

    (901) 870-8016

    1 Total Sale

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009376

Memphis Area Association of REALTORS®

APN: 00-2103-B0-0005

Tennessee Shelby County Memphis 38103 South Main

77 Vance Ave Unit 105, Memphis, TN

This home is located at 77 Vance Ave Unit 105, Memphis, TN 38103 since 15 August 2017 and is currently estimated at $162,117, approximately $162 per square foot. This property was built in 1926. 77 Vance Ave Unit 105 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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