NOT LISTED FOR SALE

1403 Peabody Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $447,000 - $560,000

4 Beds
3 Baths
2,200-2,399 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $313,900 $131 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,901/month

Highlights

  • Gated Parking
  • Deck
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • Great Room

About This Home

As of February 2014

Classic renovated home in Central Gardens with lovely mill work and hardwood floors. New kitchen with granite open to keeping area. Huge Master with knock out master bath. Three car garage.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 12/10/2013

Last Buyer's Agent

Betsy Kelly

Hobson, REALTORS License #223627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,827

Year Built

  • Built in 1902

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 141.4
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,499 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storm Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Merriman Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016011 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,827

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
  • Freestanding: Yes
  • Historic District: Central Gardens HC
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2499
  • 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, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Wood/Composition, Stone, Wood Window(s), Storm Door(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3D
  • Parking Storage: Driveway/Pad, Front-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 16-17
  • Acreage: 0.16
  • Lot Size: 50 X 141.4

Tax Info

  • Assessor Parcel Number: 016011 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Feb 14, 2014
Sold by
Groff Richard G and Groff Julia G
Bought by
Watson William Bruce
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Betsy Kelly
Hobson, REALTORS
List Price
$319,900
Sold Price
$313,900
Premium/Discount to List
-$6,000
-1.88%
Current Estimated Value
$493,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,399
Avg. Annual Appreciation
3.94%
Original Mortgage
$282,510
Outstanding Balance
$82,195
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$411,104

Purchase Details

Closed on
Jul 1, 2004
Sold by
Busler Thomas James and Busler Mary Paula
Bought by
Groff Richard G and Groff Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Watson William Bruce $313,900 Home Surety Title & Escrow L
Groff Richard G $295,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson William Bruce $282,510
Previous Owner Groff Richard G $236,000
Closed Groff Richard G $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $313,900 -1.9% $143 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
12/10/2013 12/10/13 For Sale $319,900 -- $145 / 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 $3,827 $124,800 $19,300 $105,500
2024 $3,827 $112,900 $15,775 $97,125
2023 $6,877 $112,900 $15,775 $97,125
2022 $6,877 $112,900 $15,775 $97,125
2021 $3,063 $112,900 $15,775 $97,125
2020 $7,337 $101,250 $15,775 $85,475
2019 $7,337 $101,250 $15,775 $85,475
2018 $7,337 $101,250 $15,775 $85,475
2017 $4,161 $101,250 $15,775 $85,475
2016 $3,115 $71,275 $0 $0
2014 $3,115 $71,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2014

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    19 in this area

    207 Total Sales

    Linda Sowell
    Section Image
  • Betsy Kelly

    Buyer's Agent in 2014

    Betsy Kelly

    Hobson, REALTORS

    (901) 870-6244

    1 in this area

    36 Total Sales

    Betsy Kelly
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3286805

Memphis Area Association of REALTORS®

APN: 01-6011-0-0009

Tennessee Shelby County Memphis 38104 Central Gardens

1403 Peabody Ave, Memphis, TN

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