NOT LISTED FOR SALE

97 Monroe Ave Unit 3N Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $313,000 - $478,000

2 Beds
2 Baths
1,665 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $385,000 $231 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,390/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Loft
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • 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!

Last Agent to Rent the Property

Joshua Spotts

eXp Realty, LLC License #327645 Listed on: 04/08/2021

eXp Realty, LLC

Last Renter's Agent

Joshua Spotts

eXp Realty, LLC License #327645 Listed on: 04/08/2021

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1920

Lot Details

  • 436 Sq Ft Lot

Interior Spaces

  • 1,665 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Mid-Rise Condominium
  • Broadnax Condominiums Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 002039 C00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,276

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Yes

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Mid Rise
  • Cross Street: S Main Street
  • MLS Map #: 745A
  • MAAR Subdivision Name: BROADNAX CONDOMINIUMS
  • List Price Per Sq Ft: 2
  • Number Of Stories: 1
  • Price Per Sq Ft: 2.1
  • Estimated Sq Ft: 1665
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: Master Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Up, Vaulted/Coffered Master, Split Bedroom Plan, Renovated Bathroom, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Number: UNIT 3N
  • Acreage: 0.01
  • Lot Size: 1665
  • Price Per Acre: 340000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002039 C00004

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
$391,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,572
Avg. Annual Appreciation
0.19%
Original Mortgage
$385,000
Outstanding Balance
$310,743
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$80,829
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
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 Change Sq Ft Price
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
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: 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 $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

    Landlord'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

    116 Total Sales

    Lisa Harris
    Section Image
  • Chris Garland

    Seller's Agent in 2016

    Chris Garland

    Crye-Leike

    (901) 338-3226

    8 in this area

    126 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

    116 Total Sales

    Tracie Gaia
    Section Image

  • G

    Buyer Co-Listing Agent in 2013

    Gregory Ryan

    Pinnacle Real Estate, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096704

Memphis Area Association of REALTORS®

APN: 00-2039-C0-0004

Tennessee Shelby County Memphis 38103 Downtown Memphis

97 Monroe Ave Unit 3N, Memphis, TN

This home is located at 97 Monroe Ave Unit 3N, Memphis, TN 38103 since 08 April 2021 and is currently priced at $391,572. This property was built in 1920. 97 Monroe Ave Unit 3N is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.

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