Check Availability
$238,000
↓ $10K (4%)
House - For Sale

2040 ELZEY

Memphis, TN 38104
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
$1,285
Estimated Monthly
$0
HOA / Fees
4.17%
Cap Rate

About This Property

2 bedroom, 1.5 bath Cooper Young home! Amazing location, and incredible opportunity to purchase and rennovate. The original trimwork is stunning! You'll love the large windows, porch, sunroom, & laundry room. Bathroom has been updated. Most likley orginal hardwood under carpet. Sellers are selling as is. Prefer cash buyer, but can go conventional. Shares a driveway with 2042 Elzey (for sale- mls 10159650)
Unit Size
-
Days on Market
184 days
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1930
Listed By
Last updated: 2 months ago (MAARTN #10159651)

Price History

Date / Event Date Event Price
Mar 13, 2024 Price Decreased $238,000
↓ $10K (4%)
Price Decreased
Dec 14, 2023 Price Decreased $248,000
↓ $5K (2%)
Price Decreased
Oct 26, 2023 Listed by Groome & Co Realtors $253,000
Listed by Groome & Co Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,625
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,165
  • Gross Building Area: 1,431
  • Building Area: 1,165
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: COOPER & CENTRAL
  • Land Acres: 0.06
  • Legal Description 1: NS ELZEY COR ALLEY

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 4-99
  • District: O
  • Parcel: 03-1130-0-0009
  • Lot: 64
  • Municipality: MEMPHIS
  • Latitude: 35.1239
  • Longitude: -89.9939

    Address

  • Full Address: 2040 Elzey Ave
  • Address - House Number: 2040
  • Address - Street Name: Elzey
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C077
  • 4-Digit Zip Code: 5410
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,395

    Appraisal Valuation

  • Standard Deviation: 0.1086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 241,824
  • High Value: 268,088
  • Low Value: 215,560

    Market Valuation

  • Market Total Value: $91,600
  • Market Land Value: $8,300
  • Market Improvement Value: $83,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,900
  • Assessed Land Value: $2,075
  • Assessed Improvements Value: $20,825

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$269,500 Aug 12, 2021
$269,500 Oct 13, 2021
$293/mo
House
2 Beds
1 Bath
-
$240,000 Oct 26, 2023
-
$80/mo
House
2 Beds
1 Bath
-
$249,000 Oct 2, 2023
-
$307/mo
House
2 Beds
1 Bath
-
$225,000 Aug 25, 2023
-
$204/mo
House
2 Beds
1 Bath
-
$285,000 Oct 20, 2023
-
$244/mo
House
2 Beds
2 Baths
-
$298,000 Jul 28, 2023
-
$305/mo
House
2 Beds
1 Bath
-
$225,000 Sep 18, 2023
-
$224/mo
House
3 Beds
1.5 Baths
-
$255,000 Oct 12, 2023
-
$317/mo
House
3 Beds
1 Bath
-
$265,000 Oct 11, 2023
-
$245/mo
House
3 Beds
1.5 Baths
-
$240,000 Oct 12, 2023
-
$285/mo
House
3 Beds
2 Baths
-
$269,000 Oct 24, 2023
-
$217/mo
House
3 Beds
2 Baths
-
$294,900 Jul 15, 2023
-
$289/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 2040 Elzey Avenue built and last sold?
The property at 2040 Elzey Avenue was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2040 Elzey Avenue is $240,380.
What are some comparable homes to 2040 Elzey Avenue?
Homes that are comparable to 2040 Elzey Avenue include a house property at 2042 Elzey Avenue, 1945 Walker Avenue, 1989 Walker Avenue.

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