Check Availability

2248 Monroe Avenue

2248 Monroe Avenue, Memphis, TN 38104
House in Midtown
Sold Jan 28, 2020
$235,000
$215,000 by Orion Fcu
Mortgage Due Feb 01, 2050
Sold Dec 04, 2003
$106,800
$85,440 by Bancorpsouth Bank
Mortgage Due Dec 01, 2033
2248 Monroe Avenue in Memphis, TN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2248 Monroe Avenue has 1,353 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 10,500 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 23, 2020 for $235,000. That's $173.69 per sqft. Prior to that sales transaction, the property was also sold in Nov 20, 2003 for $106,800. 2248 Monroe Avenue was last assessed in 2022. The total value of the property was assessed at $60,450. Specifically, the land the property is located on was valued at $9,950. While improvements on the property were assessed at a total of $50,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,682. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,353
  • Gross Building Area: 1,353
  • Building Area: 1,353
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,353
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLES EAST END
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: & LOT STRIP NS MONROE

Ownership

  • Current Owner : GOODELL VERITY R
  • Current Owner 2: GOODELL VERITY RENEE
  • Previous Owner : ANGNER LAURA ANN
  • Owner Before Previous Owner: BREWER MICHAEL B
  • Owner Before Previous Owner 2: BREWER BETTY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003100

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 02-8023-0-0016
  • Lot: PT27
  • Municipality: MEMPHIS
  • Latitude: 35.1351
  • Longitude: -89.9865

    Address

  • Full Address: 2248 Monroe Ave
  • Address - House Number: 2248
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 4350
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,682

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 332,092
  • High Value: 404,273
  • Low Value: 259,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: ORION FCU
  • First Open Lien Mortgage Recording Date: Jan 28, 2020
  • First Open Lien Mortgage Loan Amount: $215,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $241,800
  • Market Land Value: $39,800
  • Market Improvement Value: $202,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,450
  • Assessed Land Value: $9,950
  • Assessed Improvements Value: $50,500

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Transaction ID: 11720601796
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20009642
  • Previous Sale Recording Date: Dec 04, 2003
  • Previous Sale Contract Date: Nov 20, 2003
  • Previous Sale Amount: $106,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORION FCU
  • First Mortgage Transaction Date: Jan 28, 2020
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Dec 04, 2003
  • Previous Mortgage Loan Amount: $85,440
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Midtown



Similar Buildings

House at 2248 Monroe Avenue,

31 South Morrison Street

  • 1 Unit for Sale
31 South Morrison Street, Memphis, TN 38104
House at 2248 Monroe Avenue,

616 Landis Street

  • 1 Unit for Sale
616 Landis Street, Memphis, TN 38104
House at 2248 Monroe Avenue,

174 Williford Street

  • 1 Unit for Sale
174 Williford Street, Memphis, TN 38112
House at 2248 Monroe Avenue,

253 North Hollywood Street

  • 1 Unit for Sale
253 North Hollywood Street, Memphis, TN 38112
House at 2248 Monroe Avenue,

2405 Eastwood Avenue

  • 1 Unit for Sale
2405 Eastwood Avenue, Memphis, TN 38112
House at 2248 Monroe Avenue,

1868 Vinton Avenue

  • 1 Unit for Sale
1868 Vinton Avenue, Memphis, TN 38104
House at 2248 Monroe Avenue,

19 North Auburndale Street

  • 1 Unit for Sale
19 North Auburndale Street, Memphis, TN 38104
House at 2248 Monroe Avenue,

309 North McLean Boulevard

  • 1 Unit for Sale
309 North McLean Boulevard, Memphis, TN 38112
House at 2248 Monroe Avenue,

1759 Overton Park Avenue

  • 1 Unit for Sale
1759 Overton Park Avenue, Memphis, TN 38112

Nearby Rentals

Unit for rent at 1760 Crump, Memphis, TN, 38107

$1,875 /mo

  • 2 Beds
  • 2 Baths
1760 Crump, Memphis, TN, 38107 Listing by Edwin Scruggs
Unit for rent at 2030 Young, Memphis, TN, 38104

$1,600 /mo

  • 2 Beds
  • 2 Baths
2030 Young #E, Memphis, TN, 38104 Listing by Michael Valenza
Unit for rent at 1934 Nelson, Memphis, TN, 38104

$1,850 /mo

  • 3 Beds
  • 2 Baths
1934 Nelson, Memphis, TN, 38104 Listing by Janie Courser
Unit for rent at 123 S Humes, Memphis, TN, 38111

$1,600 /mo

  • 3 Beds
  • 1 Bath
123 S Humes, Memphis, TN, 38111 Listing by Michael Valenza
Unit for rent at 2058 Central, Memphis, TN, 38104

$1,750 /mo

  • 2 Beds
  • 1 Bath
2058 Central, Memphis, TN, 38104 Listing by Linda Sowell
Unit for rent at 35 S Century, Memphis, TN, 38111

$1,295 /mo

  • 2 Beds
  • 1 Bath
35 S Century, Memphis, TN, 38111 Listing by Lowell Brister
Unit for rent at 1993 East End, Memphis, TN, 38104

$1,950 /mo

  • 2 Beds
  • 2.5 Baths
1993 East End #32, Memphis, TN, 38104 Listing by Harold Blockman

Frequently Asked Questions

What neighborhood is 2248 Monroe Avenue located in?
The 2248 Monroe Avenue is a house located in the neighborhood of Midtown in Midtown, Memphis.
What is the average sales price for listings in 2248 Monroe Avenue?
The average sales price for units in 2248 Monroe Avenue is $230,000 currently.

Quantcast