Check Availability
$1,195,000
↓ $55K (4.4%)
House - For Sale

339 MADISON

Memphis, TN 38103
bedrooms
10 Beds
bathrooms
3.5 Baths, 1 Half Bath
$6,259
Estimated Monthly
$0
HOA / Fees

About This Property

Beautiful and historic EDGE District property featuring a unique multi-story interior. COMES FURNISHED! A ROCK-STAR STATUS AIR BnB / WORK-LIVE OPPORTUNITY! Located at the border of Memphis's Medical District and Downtown Memphis's booming redevelopment surge. In the middle of a KEY City-Center where new apartments and retail continue to come on-line at a fast clip.  A walkable, perfect way for downtowners to live, work, play, thrive and stay connected. Cashflowing Air BnB
Unit Size
-
Days on Market
181 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1923
Listed By
Africa McCloy
Crye-Leike, Inc., REALTORS
Last updated: 2 months ago (MAARTN #10159864)

Price History

Date / Event Date Event Price
Mar 2, 2024 Price Decreased $1,195,000
↓ $55K (4.4%)
Price Decreased
Jan 12, 2024 Price Decreased $1,250,000
↓ $145K (10.4%)
Price Decreased
Oct 30, 2023 Listed by Crye-Leike Realtors $1,395,000
Listed by Crye-Leike Realtors
Jan 15, 2023 Price Decreased $1,150,000
↓ $45K (3.8%)
Price Decreased
Dec 21, 2022 Listed by Crye-Leike $1,195,000
Listed by Crye-Leike
For more information, contact Africa McCloy at (901) 239-4493. Visit http://www.crye-leike.com/memphis/10139410 to view more pictures of this property. A ROCK-STAR STATUS WORK-LIVE OPPORTUNITY! This beautiful and historic EDGE District property features a pleasing, aesthetically-unique multi-story interior spread out between two staircases on opposite ends; the outlay hosts a diversity of rooms with lots of creative space: a journey through exquisite wood, intricate tile work, modern…
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,703
  • Lot Size Depth Feet: 1,485
  • Lot Size Frontage Feet: 250
  • Total Building Area: 10,571
  • Gross Building Area: 10,571
  • Building Area: 10,571
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 10,571
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: MURPHY & ELDER
  • Land Acres: 0.085
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: SS MADISON AVE

Ownership

  • Current Owner : MALLORY MADISON HOLDINGS LLC
  • Previous Owner : NATHAN MITCHELL
  • Owner Before Previous Owner: NATIONAL LOAN INVESTORS LP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 011402

Zoning

  • Zoning: SE

Geography

  • District: O
  • Parcel: 00-5001-0-0008
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.1429
  • Longitude: -90.0454

    Address

  • Full Address: 339 Madison Ave
  • Address - House Number: 339
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C029
  • 4-Digit Zip Code: 2727
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,678
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $71,400
  • Market Improvement Value: $128,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,000
  • Assessed Land Value: $28,560
  • Assessed Improvements Value: $51,440

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11888010881
  • Current Sale Price: $735,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56888
  • Previous Sale Recording Date: Dec 30, 2013
  • Previous Sale Contract Date: Dec 18, 2013
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOULDER EQUITY PARTNERS LLC
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $632,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
Commercial
Loft
-
-
$1,350,000 Mar 29, 2023
-
$697/mo

About Midtown


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Frequently Asked Questions

When was property at 339 Madison Avenue built and last sold?
The property at 339 Madison Avenue was built in 1923 and last sold on Apr 29, 2022 for $735,000.
How much is this home worth?
The estimated value of the home located at 339 Madison Avenue is $1,408,950.
What are some comparable homes to 339 Madison Avenue?
Homes that are comparable to 339 Madison Avenue include a commercial property at 526 Beale Street, located in Memphis, TN.

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