NOT LISTED FOR SALE

97 Monroe Ave Unit 3S Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $316,000 - $485,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
261 Sq Ft Lot

Last Sold May 17, 2018

Last sale price $386,000 $215 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,352/month

Highlights

  • Deck
  • Soft Contemporary Architecture
  • Den with Fireplace
  • Wood Flooring
  • Great Room
  • 3-minute walk to Court Square

About This Home

As of May 2018

This is your chance to own a the last 3rd Floor unit in the luxuriously renovated Brodnax Building. This stunning unit has beautiful original parquet hardwood floors, gourmet kitchen with gas cooking and double oven. Massive windows fill the 2 level space with natural artist light and offer views of Main Street. The expansive master bedroom loft has a luxury bath with marble, granite and a huge shower room. Awesome Roof Deck, Direct Elevator Access to Unit and Valet parking is available.

Last Agent to Sell the Property

Chris Garland

Crye-Leike, Inc., REALTORS License #232993 Listed on: 01/02/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lexie Hicks Johnston

Coldwell Banker Collins-Maury License #321557

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 2004

Lot Details

  • 261

Parking

  • On-Site Parking for Rent

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,694 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • $395 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, exterior insurance
  • 4 Units
  • Mid-Rise Condominium
  • Brodnax Building Community
  • Broadnax Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002039 C00003

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,347

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: S Main
  • MLS Map #: 745A
  • MAAR Subdivision Name: Broadnax Condos
  • Condo: Yes
  • List Price Per Sq Ft: 236
  • Number Of Stories: 1
  • Price Per Sq Ft: 227.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1694
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: Primary Up, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room, Breakfast Bar
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Stone, Wood Window(s)

Garage/Parking

  • Parking Storage: Rent Parking Space

Utilities

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

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Brodnax Building

Fee Information

  • Monthly Maintenance Fee: 395

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002039 C00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
May 18, 2018
Sold by
Legend Land And Cattle Company Llc
Bought by
Utely Kevin Clark and Utely Lisa
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lexie Hicks Johnston
Coldwell Banker Collins-Maury
List Price
$399,000
Sold Price
$386,000
Premium/Discount to List
-$13,000
-3.26%
Current Estimated Value
$392,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,596
Avg. Annual Appreciation
0.69%
Original Mortgage
$300,000
Outstanding Balance
$260,510
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,355
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Utely Kevin Clark $386,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utely Kevin Clark $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $386,000 -3.3% $241 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $399,000 0.0% $249 / Sq Ft
05/20/2016 05/20/16 Rented $2,495 -0.2% --
04/29/2016 04/29/16 Under Contract -- -- --
01/13/2016 01/13/16 For Rent $2,500 -- --
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 $3,347 $113,250 $1,525 $111,725
2024 $3,347 $98,725 $1,525 $97,200
2023 $6,014 $98,725 $1,525 $97,200
2022 $6,014 $98,725 $1,525 $97,200
2021 $7,148 $98,725 $1,525 $97,200
2020 $6,857 $94,625 $1,525 $93,100
2019 $6,851 $94,625 $1,525 $93,100
2018 $3,832 $94,625 $1,525 $93,100
2017 $6,985 $94,625 $1,525 $93,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Garland

    Seller's Agent in 2018

    Chris Garland

    Crye-Leike

    (901) 338-3226

    8 in this area

    125 Total Sales

    Chris Garland
    Section Image
  • Lexie Hicks Johnston

    Buyer's Agent in 2018

    Lexie Hicks Johnston

    Coldwell Banker Collins-Maury

    (901) 489-1604

    99 Total Sales

    Lexie Hicks Johnston
    Section Image
  • Amy Batson

    Buyer's Agent in 2016

    Amy Batson

    Crye-Leike

    (901) 238-7999

    34 Total Sales

    Amy Batson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10017781

Memphis Area Association of REALTORS®

APN: 00-2039-C0-0003

Tennessee Shelby County Memphis 38103 Downtown Memphis

97 Monroe Ave Unit 3S, Memphis, TN

This home is located at 97 Monroe Ave Unit 3S, Memphis, TN 38103 since 02 January 2018 and is currently estimated at $392,596, approximately $218 per square foot. This property was built in 2004. 97 Monroe Ave Unit 3S is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.

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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes