NOT LISTED FOR SALE

1278 Central Ave Memphis, TN 38104

Annesdale Neighborhood

Estimated Value: $214,000 - $245,000

3 Beds
1 Bath
1,600-1,799 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $211,500 $118 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,325/month

Highlights

  • The property is located in a historic district
  • Gated Parking
  • Traditional Architecture
  • Garage Apartment
  • Wooded Lot
  • Wood Flooring

About This Home

As of March 2021

Charming 3 BR brick bungalow in Historic Annesdale-Snowden. Property is in an estate & being sold as-is. Recent updates: new roof, new replacement windows, HVAC, beautifully renovated bath with separate tub/shower & iron gate. Hardwood floors throughout, smooth ceilings & working sconces. Loads of charm & potential. Large basement currently set up as home-gym complete with working toilet. Washer, dryer & freezer also in basement. Small apartment above detached garage. Driveway gated. Nice yard.

Last Agent to Sell the Property

Deborah Mays

Hobson, REALTORS License #210876 Listed on: 01/21/2021

Last Buyer's Agent

Joe Spake

NextHome Cornerstone Realty License #259388

NextHome Cornerstone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1922

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 57x150
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Bungalow
  • Composition Shingle Roof
  • Stucco Exterior
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,606 Sq Ft Home
  • 1.1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace Features Masonry
  • Double Pane Windows
  • Casement Windows
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage Room
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel
  • Iron Doors

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Possible Extra Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Apartment
  • Front Facing Garage
  • Driveway
  • Gated Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Snowden Homestead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015011 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Snowden Circle
  • MLS Map #: 746F
  • MAAR Subdivision Name: ANNESDALE
  • Historic District: Annesdale-Snowden HP
  • List Price Per Sq Ft: 140
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 131.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1606
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: 3rd Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Renovated Bathroom, Luxury Master Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Gas Cooking, Dishwasher, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Primary Bathroom Description: Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 15x14
  • Misc Interior: Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room, Internal Expansion Area, Unfinished Basement, Attic
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio, Covered Patio, Garage Apartment, Historic District, On-Site Storage, Wood Fence, Iron Fence
  • Exterior Windows: Brick Veneer, Stucco, Double Pane Window(s), Casement Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3D
  • Parking Storage: Driveway/Pad, Storage Room(s), Front-Load Garage, Gated Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Wooded, Some Trees, Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 26
  • Acreage: 0.19
  • Lot Size: 57X150
  • Price Per Acre: 1184211

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 015011 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 17, 2021
Sold by
Pipkin John Perry and Pipkin Joesph Miller
Bought by
Hoyt Sean C
Seller's Agent
Deborah Mays
Hobson, REALTORS
Buyer's Agent
Joe Spake
NextHome Cornerstone Realty
List Price
$225,000
Sold Price
$211,500
Premium/Discount to List
-$13,500
-6%
Current Estimated Value
$225,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,226
Avg. Annual Appreciation
3.50%
Original Mortgage
$205,155
Outstanding Balance
$185,658
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$61,123

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 11, 2021
Sold by
Mason Patrice Pipkin
Bought by
Pipklin J P J and Pipklin Joseph Miller
Seller's Agent
Deborah Mays
Hobson, REALTORS
Buyer's Agent
Joe Spake
NextHome Cornerstone Realty
List Price
$225,000
Sold Price
$211,500
Premium/Discount to List
-$13,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,155
Outstanding Balance
$185,658
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$61,123

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 21, 2021
Sold by
Jackson Stephanie Pipkin
Bought by
Pipkin J P J and Pipkin Joseph Miller
Seller's Agent
Deborah Mays
Hobson, REALTORS
Buyer's Agent
Joe Spake
NextHome Cornerstone Realty
List Price
$225,000
Sold Price
$211,500
Premium/Discount to List
-$13,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,155
Outstanding Balance
$185,658
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$61,123

Purchase Details

Closed on
Mar 10, 2014
Sold by
Pipkin Joe M and Pipkin Ramond S
Bought by
Pipkin Joe M and Pipkin Ramona S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2000
Sold by
Flight Richard L and Flight Donna
Bought by
Pipkin Joe M and Pipkin Ramona S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,249
Interest Rate
8.38%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Kelly James E
Bought by
Flight Richard L and Flight Donna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.77%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoyt Sean C $211,500 None Available
Pipklin J P J -- None Available
Pipkin J P J -- None Available
Pipkin Joe M -- None Available
Pipkin Joe M $105,000 --
Flight Richard L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt Sean C $205,155
Previous Owner Pipkin Joe M $105,200
Previous Owner Pipkin Joseph M $138,700
Previous Owner Pipkin Joe M $7,500
Previous Owner Pipkin Joe M $138,274
Previous Owner Pipkin Joe M $89,249
Previous Owner Flight Richard L $75,000
Previous Owner Kelly James E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $211,500 -6.0% $132 / Sq Ft
01/21/2021 01/21/21 For Sale $225,000 -- $141 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,463 $53,975 $15,000 $38,975
2024 $1,463 $43,150 $8,975 $34,175
2023 $2,629 $43,150 $8,975 $34,175
2022 $2,629 $43,150 $8,975 $34,175
2021 $2,659 $43,150 $8,975 $34,175
2020 $2,129 $29,375 $8,975 $20,400
2019 $939 $29,375 $8,975 $20,400
2018 $939 $29,375 $8,975 $20,400
2017 $961 $29,375 $8,975 $20,400
2016 $926 $21,200 $0 $0
2014 $926 $21,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Mays

    Seller's Agent in 2021

    Deborah Mays

    Hobson, REALTORS

    (901) 487-6533

    5 in this area

    68 Total Sales

    Deborah Mays
    Section Image
  • Joe Spake

    Buyer's Agent in 2021

    Joe Spake

    NextHome Cornerstone Realty

    (901) 870-3440

    1 in this area

    43 Total Sales

    Joe Spake
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092204

Memphis Area Association of REALTORS®

APN: 01-5011-0-0015

Tennessee Shelby County Memphis 38104 Annesdale

1278 Central Ave, Memphis, TN

This home is located at 1278 Central Ave, Memphis, TN 38104 since 21 January 2021 and is currently estimated at $225,726, approximately $125 per square foot. This property was built in 1922. 1278 Central Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Bellevue Middle School, and Central High School.

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