NOT LISTED FOR SALE

1370 Peabody Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $436,000 - $539,000

3 Beds
2.5 Baths
2,600-2,799 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $410,000 $146 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,788/month

Highlights

  • Gated Parking
  • Updated Kitchen
  • Wood Flooring
  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of July 2020

Classic Central Gardens charmer w/ details that were done to keep classic style but provide open feel, 9 ft. ceilings, renovated kitchen w/ 6 burner gas stove, quartz counter tops,4'' plantation shutters, great for entertaining, large covered front porch, private back yard w/ brick fp deck, detached 1 car garage being used as an artist's studio. Master was enlarged to showcase lots of windows, closet was added. backyard parking accommodates 2 cars, new roof, new hvac. Plz wear mask! thx!

Last Agent to Sell the Property

Laurie McBride Connors

Ware Jones, REALTORS License #300141 Listed on: 05/11/2020

Ware Jones, REALTORS

Last Buyer's Agent

Stacey Berry

Crye-Leike, Inc., REALTORS License #342511

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,404

Year Built

  • Built in 1902

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,684 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 1 Car Garage
  • Gated Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Beare Re S/D Of Lot 1&2 Merriman Park Sb Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016013 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,404

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CENTRAL GARDENS
  • List Price Per Sq Ft: 158
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2684
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 2, Sitting Area

Exterior Features

  • Misc Exterior: Porch, Covered Patio
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1and2
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 016013 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jul 27, 2020
Sold by
Merschat Kris and Merschat Tobi
Bought by
Walsh Catherine Carter
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Stacey Berry
Crye-Leike, Inc., REALTORS
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$478,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,478
Avg. Annual Appreciation
2.98%
Original Mortgage
$369,000
Outstanding Balance
$327,933
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$150,545

Purchase Details

Listed on
Jun 2, 2015
Closed on
May 1, 2016
Sold by
Reardon Kenneth M and Reardon Kathleen W
Bought by
Marschat Kris and Merschat Kris
Seller's Agent
Bill Malone
Crye-Leike, Inc., REALTORS
Buyer's Agent
Laurie McBride Connors
Ware Jones, REALTORS
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$220,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Shelton Thomas V and Shelton Christine
Bought by
Reardon Kenneth M and Reardon Kathleen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Marchbanks Thomas and Marchbanks Darla C
Bought by
Shelton Thomas and Shelton Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.77%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Nash Patricia G D and Nash Ann M D Nash
Bought by
Marchbanks Thomas and Marchbanks Darla C
Source: Public Records

Range of Values:

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Average Value
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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
Walsh Catherine Carter $410,000 Executive Ttl & Closing Inc
Marschat Kris $275,000 Realty Title
Reardon Kenneth M $350,000 Realty Title
Shelton Thomas $227,500 --
Marchbanks Thomas -- --
Marchbanks Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Catherine Carter $369,000
Previous Owner Marschat Kris $220,000
Previous Owner Reardon Kenneth M $315,000
Previous Owner Shelton Thomas $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $410,000 -3.5% $158 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $425,000 +54.5% $163 / Sq Ft
06/25/2016 06/25/16 Sold $275,000 -8.3% $102 / Sq Ft View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
06/02/2015 06/02/15 For Sale $299,900 -- $112 / 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 $3,404 $125,500 $20,500 $105,000
2024 $3,404 $100,425 $16,475 $83,950
2023 $6,118 $100,425 $16,475 $83,950
2022 $6,118 $100,425 $16,475 $83,950
2021 $6,189 $100,425 $16,475 $83,950
2020 $5,300 $73,150 $16,475 $56,675
2019 $2,338 $73,150 $16,475 $56,675
2018 $2,338 $73,150 $16,475 $56,675
2017 $2,393 $73,150 $16,475 $56,675
2016 $3,203 $73,300 $0 $0
2014 $3,203 $73,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie McBride Connors

    Seller's Agent in 2020

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    8 in this area

    144 Total Sales

    Laurie McBride Connors
    Section Image
  • Stacey Berry

    Buyer's Agent in 2020

    Stacey Berry

    Crye-Leike

    (901) 481-6420

    199 Total Sales

    Stacey Berry
    Section Image
  • Bill Malone

    Seller's Agent in 2016

    Bill Malone

    Crye-Leike, Inc., REALTORS

    (901) 359-4000

    56 Total Sales

    Bill Malone
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076348

Memphis Area Association of REALTORS®

APN: 01-6013-0-0018

Tennessee Shelby County Memphis 38104 Central Gardens

1370 Peabody Ave, Memphis, TN

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