NOT LISTED FOR SALE

97 Monroe Ave Unit 3N Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $252,000 - $415,728

2 Beds
2 Baths
1,658 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2016

Last sale price $385,000 $232 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,985 / mo

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Ceiling Fan
  • High Ceiling
  • Central Heating and Cooling System
  • 3-minute walk to Court Square

About This Home

As of April 2021

Stunning ultra chic condo in the heart of downtown Memphis! Easily one of the city's coolest spaces, this light filled property is steps from all of the fun of downtown living. Located in the repurposed Brodnax Jewelers building above Flight Restaurant, this furnished rental is ideal in every way. 2 bedrooms, 2 baths. Hardwood floors. All appliances. Luxury finishes, gas cooking, soaring ceilings, gas fireplace, and tons of preserved history and nostalgia. Beautiful rooftop deck!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Interior Spaces

  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Broadnax Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002039 C00004

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Lease
  • Year Built: 1920
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s), High Ceilings
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Gas Range, Gas Oven
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 002039 C00004

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 18, 2016
Sold by
Legend Land Cattle Company Llc
Bought by
Sturdivant Joseph M
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joshua Spotts
eXp Realty, LLC
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Current Estimated Value
$325,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,818
Avg. Annual Appreciation
-1.77%
Original Mortgage
$385,000
Outstanding Balance
$306,589
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$18,593
Source: Public Records
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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
Sturdivant Joseph M $385,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturdivant Joseph M $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Rent $3,400 -2.9% --
04/22/2021 04/22/21 Under Contract -- -- --
04/22/2021 04/22/21 Rented -- -- --
04/22/2021 04/22/21 Rented $3,500 +2.9% --
04/08/2021 04/08/21 For Rent $3,400 +4.6% --
03/23/2020 03/23/20 Rented $3,250 0.0% --
03/14/2020 03/14/20 Price Changed $3,250 +10.2% $2 / Sq Ft
03/14/2020 03/14/20 Price Changed $2,950 -9.2% $2 / Sq Ft
01/15/2020 01/15/20 For Rent $3,250 0.0% --
11/18/2016 11/18/16 Sold $385,000 -1.0% $241 / Sq Ft View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $389,000 0.0% $243 / Sq Ft
12/05/2013 12/05/13 Rented $2,400 0.0% --
12/05/2013 12/05/13 Under Contract -- -- --
08/16/2013 08/16/13 For Rent $2,400 -- --
Source: Realtracs

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 $3,276 $110,825 $1,500 $109,325
2024 -- $96,650 $1,500 $95,150
2023 $5,888 $96,650 $1,500 $95,150
2022 $5,888 $96,650 $1,500 $95,150
2021 $5,957 $96,650 $1,500 $95,150
2020 $6,708 $92,575 $1,500 $91,075
2019 $6,708 $92,575 $1,500 $91,075
2018 $6,708 $92,575 $1,500 $91,075
2017 $3,805 $92,575 $1,500 $91,075
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joshua Spotts

    eXp Realty, LLC

    Section Image
  • Lisa Harris

    Buyer's Agent in 2020

    Lisa Harris

    Crye-Leike

    (901) 870-6362

    104 Total Sales

    Lisa Harris
    Section Image
  • Chris Garland

    Seller's Agent in 2016

    Chris Garland

    Crye-Leike

    (901) 338-3226

    6 in this area

    116 Total Sales

    Chris Garland
    Section Image
  • Tracie Gaia

    Seller Co-Listing Agent in 2013

    Tracie Gaia

    BHHS McLemore & Co., Realty

    (901) 649-6232

    3 in this area

    107 Total Sales

    Tracie Gaia
    Section Image

  • G

    Buyer Co-Listing Agent in 2013

    Gregory Ryan

    Pinnacle Real Estate, LLC

See All Agents

Map

Source: Realtracs

MLS Number: 3087824

Realtracs

APN: 00-2039-C0-0004

Tennessee Shelby County Memphis 38103 Downtown Memphis

97 Monroe Ave Unit 3N, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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