Check Availability
$225,000
↓ $10K (4.3%)
House - For Sale

2042 ELZEY

Memphis, TN 38104
bedrooms
2 Beds
bathrooms
1 Bath
$1,185
Estimated Monthly
$0
HOA / Fees
4.57%
Cap Rate

About This Property

2 bedroom, 1 bath Cooper Young home! Amazing location, and incredible opportunity to purchase and rennovate. Most likley orginal hardwood under carpet. Sellers are selling as is. Prefer cash buyer, but can go conventional. Shares a driveway with 2040 Elzey (for sale mls 10159651).
Unit Size
-
Days on Market
185 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1930
Listed By
Last updated: 2 months ago (MAARTN #10159650)

Price History

Date / Event Date Event Price
Mar 13, 2024 Price Decreased $225,000
↓ $10K (4.3%)
Price Decreased
Dec 14, 2023 Price Decreased $235,000
↓ $5K (2.1%)
Price Decreased
Oct 26, 2023 Listed by Groome & Co Realtors $240,000
Listed by Groome & Co Realtors
May 26, 2021 Sold to Leigh T Sullivan, William R... $478,500
Sold to Leigh T Sullivan, William R...

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 3,120
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 400
  • Total Building Area: 928
  • Gross Building Area: 928
  • Building Area: 928
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: COOPER & CENTRAL
  • Land Acres: 0.072
  • Legal Description 1: NS ELZEY COR ALLEY

Ownership

  • Current Owner : SULLIVAN WILLIAM RANDY
  • Current Owner 2: SULLIVAN LEIGH T
  • Previous Owner : CITY CONSTRUCTION AND DEVELOPMENT LLC
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 4-100
  • District: O
  • Parcel: 03-1130-0-0008
  • Lot: 67-68
  • Municipality: MEMPHIS
  • Latitude: 35.1239
  • Longitude: -89.9938

    Address

  • Full Address: 2042 Elzey Ave
  • Address - House Number: 2042
  • 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: $961

    Appraisal Valuation

  • Standard Deviation: 0.1086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 228,817
  • High Value: 253,669
  • Low Value: 203,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: EAGLE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $215,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $63,100
  • Market Land Value: $9,900
  • Market Improvement Value: $53,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,775
  • Assessed Land Value: $2,475
  • Assessed Improvements Value: $13,300

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836060725
  • Current Sale Price: $478,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21064311

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE BANK & TRUST CO
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jun 01, 2036

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
1.5 Baths
-
$253,000 Oct 26, 2023
-
$116/mo
House
2 Beds
1 Bath
-
$225,000 Aug 25, 2023
-
$204/mo
House
2 Beds
1 Bath
-
$249,000 Oct 2, 2023
-
$307/mo
House
3 Beds
1.5 Baths
-
$240,000 Oct 12, 2023
-
$285/mo
House
3 Beds
1.5 Baths
-
$255,000 Oct 12, 2023
-
$317/mo
House
2 Beds
1 Bath
-
$199,900 Aug 11, 2023
-
$280/mo
House
2 Beds
1 Bath
-
$285,000 Oct 20, 2023
-
$244/mo
House
2 Beds
1 Bath
-
$225,000 Sep 18, 2023
-
$224/mo
House
3 Beds
2 Baths
-
$269,000 Oct 24, 2023
-
$217/mo
House
3 Beds
1 Bath
-
$265,000 Oct 11, 2023
-
$245/mo
House
4 Beds
2.5 Baths
-
$265,000 Oct 17, 2023
-
$510/mo

About Depot Planning District


Similar Homes for Sale

Unit for sale at 1822 Evelyn Avenue, Memphis, TN 38114

$265,000

  • 3 Beds
  • 1 Bath
1822 Evelyn Avenue, Memphis, TN 38114 Listing by Weesie Percer
Unit for sale at 1032 New York Street, Memphis, TN 38104

$269,000

  • 3 Beds
  • 2 Baths
1032 New York Street, Memphis, TN 38104 Listing by Diane Malkin
Unit for sale at 1878 Manila Avenue, Memphis, TN 38114

$225,000

  • 2 Beds
  • 1 Bath
1878 Manila Avenue, Memphis, TN 38114 Listing by Carolyn Hooker

Nearby Rentals

Unit for rent at 775 Melrose Street, Memphis, TN, 38104

$1,099 /mo

  • Studio
  • 1 Bath
  • 433 ft²
775 Melrose Street #775 Melrose Street, Memphis, TN, 38104 Listing by Manager
Unit for rent at 2150 Washington Ave, Memphis, TN, 38104

$995 /mo

  • 1 Bed
  • 1 Bath
  • 814 ft²
2150 Washington Ave #2150 Washington Ave - 4, Memphis, TN, 38104 Listing by Manager
Unit for rent at 528 Lundee St, Memphis, TN, 38111

$975 /mo

  • 2 Beds
  • 1 Bath
  • 1,105 ft²
528 Lundee St #528 Lundee St, Memphis, TN, 38111 Listing by Manager


Frequently Asked Questions

When was property at 2042 Elzey Avenue built and last sold?
The property at 2042 Elzey Avenue was built in 1930 and last sold on May 21, 2021 for $478,500.
How much is this home worth?
The estimated value of the home located at 2042 Elzey Avenue is $227,250.
What are some comparable homes to 2042 Elzey Avenue?
Homes that are comparable to 2042 Elzey Avenue include a house property at 2040 Elzey Avenue, 1945 Walker Avenue, 1847 Manila Avenue.

Quantcast