NOT LISTED FOR SALE

1370 Vance Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $303,000 - $392,000

4 Beds
3 Baths
3,400-3,599 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $325,000 $90 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,021/month

44 Days on Market

Highlights

  • Second Kitchen
  • The property is located in a historic district
  • Two Primary Bedrooms
  • Sauna
  • Gated Parking
  • Traditional Architecture

About This Home

As of May 2024

Great home located in Central Gardens and close to everything! Lots of original charm in this home built in 1935! A large single-family home with PLENTY of room to grow into. Three bedrooms and 2 bathrooms downstairs. Upstairs has up to 3 additional bonus/bedrooms and a full kitchen and laundry hook ups. This home has 1 car attached garage with a remote-controlled iron gate for security. Can also used as a multi-family home with two separate units for rental income! Incredible Value!

Last Agent to Sell the Property

Devin Buford

The Peyton Co., Inc., REALTORS License #308889 Listed on: 03/07/2024

Last Buyer's Agent

Erma Hayslett

Keller Williams License #231010

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Wood Fence

Home Design

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

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,442 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Sauna
  • Wood Flooring
  • Iron Doors
  • Laundry Room

Kitchen

  • Second Kitchen
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Voluntary home owners association
  • Lanier Blk 14 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016014 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,412

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3442
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Play Room/Recreation Room, Sun Room, Office
  • Second Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Two Primaries, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, Presently Inoperative, In Living Room
  • Floors/Ceilings: Part Hardwood, Vinyl/Luxury Vinyl Floor, Textured Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Island In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, 2nd Kitchen

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Sauna, Historic District
  • Exterior Windows: Brick Veneer, Stucco, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Window Unit(s), Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Iron Door(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 6 & 7
  • Acreage: 0.13
  • Lot Size: 50X120

Tax Info

  • Assessor Parcel Number: 016014 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 31, 2024
Sold by
Buford Devin
Bought by
Kirkland Wesley
Seller's Agent
Devin Buford
The Peyton Co., Inc., REALTORS
Buyer's Agent
Erma Hayslett
Keller Williams
List Price
$359,000
Sold Price
$325,000
Premium/Discount to List
-$34,000
-9.47%
Views
92
Current Estimated Value
$347,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,680
Avg. Annual Appreciation
4.90%
Original Mortgage
$319,113
Outstanding Balance
$315,156
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$32,524

Purchase Details

Closed on
Jul 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Charles Lanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,535
Interest Rate
4.74%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2009
Sold by
Us Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 17, 2009
Sold by
Brown Michael
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 19, 2008
Sold by
Wilson Malcolm E
Bought by
Brown Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,625
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2006
Sold by
Breazeale R Kavanaugh
Bought by
Wilson Malcolm E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
9.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2001
Sold by
Wade Amy D
Bought by
Breazeale R Kavanaugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,650
Interest Rate
7.02%
Mortgage Type
VA

Purchase Details

Closed on
Aug 22, 2001
Sold by
Wade Christopher T
Bought by
Wade Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,650
Interest Rate
7.02%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 1998
Sold by
Christy Betty S
Bought by
Wade Christopher T and Wade Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,137
Interest Rate
7.14%
Mortgage Type
FHA
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
Kirkland Wesley $325,000 Regency Title
Charles Lanny $107,970 None Available
Federal Home Loan Mortgage Corporation -- None Available
Us Bank Na $240,505 None Available
Brown Michael $297,500 Multiple
Wilson Malcolm E $150,500 Realty Title
Breazeale R Kavanaugh $93,000 --
Wade Amy D -- --
Wade Christopher T $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkland Wesley $319,113
Previous Owner Charles Lanny $106,535
Previous Owner Brown Michael $282,625
Previous Owner Wilson Malcolm E $120,400
Previous Owner Breazeale R Kavanaugh $89,650
Previous Owner Wade Christopher T $79,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $325,000 +4.8% $96 / Sq Ft
04/07/2024 04/07/24 Price Changed $309,999 +0.3% $91 / Sq Ft
03/20/2024 03/20/24 Price Changed $309,000 -13.9% $91 / Sq Ft
03/07/2024 03/07/24 For Sale $359,000 +71.0% $106 / Sq Ft
01/04/2022 01/04/22 Sold $210,000 0.0% $62 / Sq Ft View Prior Sale
12/30/2021 12/30/21 Price Changed $210,000 -10.6% $62 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $235,000 -- $69 / 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 $2,412 $94,275 $13,875 $80,400
2024 $2,412 $71,150 $6,900 $64,250
2023 $2,412 $71,150 $6,900 $64,250
2022 $4,334 $71,150 $6,900 $64,250
2021 $4,385 $71,150 $6,900 $64,250
2020 $4,163 $57,450 $6,900 $50,550
2019 $1,836 $57,450 $6,900 $50,550
2018 $1,836 $57,450 $6,900 $50,550
2017 $1,879 $57,450 $6,900 $50,550
2016 $1,800 $41,200 $0 $0
2014 $1,800 $41,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Devin Buford

    The Peyton Co., Inc., REALTORS

    (901) 262-6743

    2 in this area

    5 Total Sales

    Devin Buford
    Section Image
  • Erma Hayslett

    Buyer's Agent in 2024

    Erma Hayslett

    Keller Williams

    (901) 921-9765

    1 in this area

    42 Total Sales

    Erma Hayslett
    Section Image

  • J

    Seller's Agent in 2022

    Jessica Milloway

    eXp Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167425

Memphis Area Association of REALTORS®

APN: 01-6014-0-0007

Tennessee Shelby County Memphis 38104 Central Gardens

1370 Vance Ave, Memphis, TN

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