NOT LISTED FOR SALE

77 Vance Ave Unit 301 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $186,000 - $214,000

2 Beds
1 Bath
100-999 Sq Ft
392 Sq Ft Lot

Last Sold August 08, 2016

Last sale price $134,800 $135 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,183/month

21 Days on Market

Highlights

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

About This Home

As of August 2016

Elegant and open top floor corner unit 2 bedroom walk up. Exposed brick walls and hardwood floors. Tons of windows offer lots of natural light. All appliances plus washer and dryer are included. Perfect location between the river and the trolley. Located in the heart of the South Main Art District and within walking distance of the Fedex Forum, Dining, Bars, Beale, Galleries, everything! Walk to all of your favorite places downtown! Gated Assigned Parking.

Last Agent to Sell the Property

Bryan Ratcliff

eXp Realty, LLC License #295349 Listed on: 06/07/2016

eXp Realty, LLC

Last Buyer's Agent

Stephanie Cobb

Bridge Realty Memphis License #326704

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 2003

Lot Details

  • 392

Interior Spaces

  • 100-999 Sq Ft Home
  • 921 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002103 B00013

Community Details

Overview

  • Property has a Home Owners Association
  • $225 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, parking
  • Mid-Rise Condominium
  • Ambassador Commons Community
  • First Amendment Ambassador Commons Condo Subdivision
  • Property managed by EZR Management

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,197

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: South Main Street
  • MLS Map #: 745A
  • MAAR Subdivision Name: AMBASSADOR COMMONS
  • Condo: Yes
  • List Price Per Sq Ft: 141
  • Number Of Stories: 1
  • Price Per Sq Ft: 146.36
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 921
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Parking
  • Condominium Association: Yes
  • Condominium Name: Ambassador Commons
  • Management Company: EZR Management

Fee Information

  • Monthly Maintenance Fee: 225

Lot Info

  • Lot Number: UNIT 301

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002103 B00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Wesson Malcolm Jared
Bought by
Nls Holdings Llc
Current Estimated Value
$198,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,150
Outstanding Balance
$50,351
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$160,819

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 8, 2016
Sold by
Prather John T
Bought by
Wesson Malcolm Jared and Wesson Malcom
Seller's Agent
Bryan Ratcliff
eXp Realty, LLC
Buyer's Agent
Stephanie Cobb
Bridge Realty Memphis
List Price
$130,000
Sold Price
$134,800
Premium/Discount to List
$4,800
3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Ambassador Commons Llc
Bought by
Prather John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,137
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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
Nls Holdings Llc $199,000 None Available
Wesson Malcolm Jared $134,800 None Available
Prather John T $150,385 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nls Holdings Llc $169,150
Previous Owner Prather John T $138,119
Previous Owner Prather John T $143,000
Previous Owner Prather John T $153,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $134,800 +3.7% $1,348 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $130,000 -- $1,300 / 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 $1,197 $50,800 $1,875 $48,925
2024 $1,197 $35,300 $1,875 $33,425
2023 $2,150 $35,300 $1,875 $33,425
2022 $2,150 $35,300 $1,875 $33,425
2021 $958 $35,300 $1,875 $33,425
2020 $2,371 $32,725 $1,875 $30,850
2019 $1,046 $32,725 $1,875 $30,850
2018 $1,046 $32,725 $1,875 $30,850
2017 $1,071 $32,725 $1,875 $30,850
2016 $1,038 $23,750 $0 $0
2014 $1,038 $23,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bryan Ratcliff

    eXp Realty, LLC

    (901) 491-3944

    32 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Stephanie Cobb

    Bridge Realty Memphis

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9978909

Memphis Area Association of REALTORS®

APN: 00-2103-B0-0013

Tennessee Shelby County Memphis 38103 South Main

77 Vance Ave Unit 301, Memphis, TN

This home is located at 77 Vance Ave Unit 301, Memphis, TN 38103 since 07 June 2016 and is currently estimated at $198,600, approximately $198 per square foot. This property was built in 2003. 77 Vance Ave Unit 301 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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