See Home Value
$455,096*
House - Off Market

2588 MADISON AVE

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
$387,000 - $471,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Mar 30, 2023
$400,000
$392,755 by Patriot Bank
Mortgage Due Apr 01, 2053

About This Property

For more information, contact Billy Rodgers at . Visit http://www.crye-leike.com/memphis/10135164 to view more pictures of this property. This home offers a spacious open floor plan, 3 bedroom, 2.5 baths with separate game and media room. Primary Bedroom down. Wood flooring, granite countertops, full stainless appliance package, including Stainless Fridge. Private gated parking with fully fenced yard. Built with many energy star features ( lower utility bills ) - Great location within 5 minutes to the zoo, Overton park and Cooper Young.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

Price History

Date / Event Date Event Price
Mar 30, 2023 Sold to Charles Michael Cowqill, Ka... $400,000
Sold to Charles Michael Cowqill, Ka...
Dec 30, 2022 Relisted $429,900
Relisted
Dec 24, 2022 In contract -
In contract
Nov 30, 2022 Price Decreased $429,900
↓ $20K (4.5%)
Price Decreased
Nov 5, 2022 Price Decreased $449,900
↓ $20K (4.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,958
  • Total Building Area: 2,772
  • Building Area: 2,772
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MADISON AND BINGHAM
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS MADISON AVENUE COR NORTH BINGHAM STREET NW SEE MAP PG 104A

Ownership

  • Current Owner : COWQILL CHARLES MICHAEL
  • Current Owner 2: COPELAND KATHRYN SUE
  • Previous Owner : COBALT PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 289-047
  • District: O
  • Parcel: 02-8049-0-0028
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.136
  • Longitude: -89.9757

    Address

  • Full Address: 2588 Madison Ave
  • Address - House Number: 2588
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 4343
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,243
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 514,856
  • High Value: 570,970
  • Low Value: 458,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,755
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Mar 30, 2023
  • First Open Lien Mortgage Loan Amount: $392,755
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $76,200
  • Market Land Value: $13,700
  • Market Improvement Value: $62,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,050
  • Assessed Land Value: $3,425
  • Assessed Improvements Value: $15,625

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11904365235
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25182

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Mar 30, 2023
  • First Mortgage Loan Amount: $392,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
-
$429,900 Oct 7, 2022
-
-
House
3 Beds
2.5 Baths
-
$429,900 Oct 7, 2022
-
-

About Depot Planning District


Similar Homes for Sale

Unit for sale at 2580 Madison Avenue, Memphis, TN 38112

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2580 Madison Avenue, Memphis, TN 38112 Listing by Billy Rodgers

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Frequently Asked Questions

When was property at 2588 Madison Avenue built and last sold?
The property at 2588 Madison Avenue was built in 2022 and last sold on Mar 30, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 2588 Madison Avenue is $474,599.
What are some comparable homes to 2588 Madison Avenue?
Homes that are comparable to 2588 Madison Avenue include a house property at 2580 Madison Avenue, 2584 Madison Avenue, which are both great to check out.

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