66 Monroe Avenue

66 Monroe Avenue has been categorized by the local assessors in Memphis, TN as a residential type of property. The area measurement of the land has been determined as 7,537 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 66 Monroe Avenue was last sold in Jun 2, 2022 for $327,500. Prior to that sales transaction, the property was sold for $325,000 in Sep 21, 2021. Current property owners are expected to pay $0 in taxes per year. The property on 66 Monroe Avenue was last assessed in 2022. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.