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Sold for $145,000
    • $145,000

    245 Madison Ave APT 705, Memphis, TN 38103

    1beds
    848sqft
    Condominium
    Built in 1909
    -- sqft lot
    $145,000 Zestimate®
    $171/sqft
    $1,240 Estimated rent

    Home value

    $145,000

    $138,000 - $152,000

    $1,240/mo

    Zestimate® history
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    What's special

    Open floorplanLarge walk in closetExposed brick wallsLaundry in unitHigh ceilings
    Top floor unit in a great downtown location. Walk to restaurants and local attractions. Bare concrete floors, exposed brick walls, high ceilings, and lots of light from large East facing windows. Laundry in unit, large walk in closet, and open floorplan. Does not qualify for FHA financing, investors welcome.

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda B Sowell,

    Sowell, Realtors

    Bought with:

    Tiffany W Conley

    Sowell, Realtors

    Source: MAAR,MLS#: 10216667MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Area: 99
    • Dimensions: 11 x 9
    Primary bathroom
    • Features: Smooth Ceiling
    Kitchen
    • Features: Washer/Dryer Connections
    • Area: 132
    • Dimensions: 12 x 11
    Living room
    • Features: Great Room
    Den
    • Area: 270
    • Dimensions: 27 x 10
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Other (See Remarks), High Ceilings, Elevator, Walk-In Closet(s), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
    • Flooring: Concrete
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total interior livable area: 848 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Exterior features: Sidewalks
    • Pool features: None
    Lot
    • Size: 435 Square Feet
    • Dimensions: .01
    • Features: Corner Lot
    Details
    • Parcel number: 002061 00050

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick Veneer
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Other (See REMARKS)
    • Security: Dead Bolt Lock(s), Fire Escape
    • Subdivision: Downtown Ymca Lofts The
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $159,500
    • Annual tax amount: $2,102
    • Price range: $145K - $145K
    • Date on market: 3/13/2026
    • Cumulative days on market: 84 days

    Price history

    DateEventPrice
    7/17/2026Sold$145,000-2.7%$171/sqft
    Source: MAAR #10216667 Report a problem
    6/5/2026Pending sale$149,000$176/sqft
    Source: MAAR #10216667 Report a problem
    3/13/2026Listed for sale$149,000$176/sqft
    Source: MAAR #10216667 Report a problem
    7/24/2020Listing removed$995$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/15/2020Price change$995-9.5%$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/21/2020Listed for rent$1,100$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,102 -18%$39,875 +2.5%
    2024$2,562 +8.1%$38,900
    2023$2,370 $38,900
    2022-- $38,900
    2021-- $38,900 +51.4%
    2020$821 $25,700
    2019$821 -21.1%$25,700
    2018$1,041 -45.1%$25,700
    2017$1,897 +46.1%$25,700 -32.7%
    2016$1,299 +13.4%$38,200
    2014$1,146 $38,200
    2013-- $38,200 +6.3%
    2012-- $35,925
    2011-- $35,925
    2010-- $35,925
    2009-- $35,925 +3.4%
    2008-- $34,750
    2007-- $34,750 +1804.1%
    2006-- $1,825
    Find assessor info on the county website

    Neighborhood: Downtown

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