NOT LISTED FOR SALE

1426 Central Ave Unit 102 Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $229,871 - $281,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
871 Sq Ft Lot

Last Sold November 14, 2018

Last sale price $206,000 $147 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,553/month

Highlights

  • The property is located in a historic district
  • Landscaped Professionally
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • Some Wood Windows

About This Home

As of November 2018

Brand new gourmet kitchen and appliances. This is mint condition wonderful condo in the heart of mid-town. Wonderful hardwood floors and gorgeous marble surround wood burning fire place. Building has new roof, gutters and parking lot. Wonderful plantation shutters and many more updates. Move in ready!

Last Agent to Sell the Property

Leigh Martin

Hobson, REALTORS License #277409 Listed on: 10/18/2018

Last Buyer's Agent

Lynda Baddour

Ware Jones, REALTORS License #300143

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1943

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,309 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Burglar Security System

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Attached Garage
  • Carport
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard

Location

  • Ground Level
  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 015007 A00003

Community Details

Overview

  • Property has a Home Owners Association
  • $350 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, parking, pest control contract
  • Mid-Rise Condominium
  • Mansfield Arms Community
  • Mansfield Arms Condo Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Ground Level-Single Story, Mid Rise (3-6 Stories)
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Condo: Yes
  • List Price Per Sq Ft: 157
  • Number Of Stories: 1
  • Price Per Sq Ft: 157.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1309
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House, Security System, Elevator, Vent Hood/Exhaust Fan, Common Basement
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement, Entry Hall, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional, Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s), Parking Lot, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Courtyard, On-Site Storage
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Mansfield Arms

Fee Information

  • Monthly Maintenance Fee: 350

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: UNIT 102
  • Acreage: 0.02
  • Lot Size: 166 X 285
  • Price Per Acre: 10250000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 015007 A00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 14, 2018
Sold by
Ginn Rebbeca L and Ginn Marvin G
Bought by
Burnham Kelly Hooper and Burnham Christopher Charles
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$205,000
Sold Price
$206,000
Premium/Discount to List
$1,000
0.49%
Current Estimated Value
$245,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,218
Avg. Annual Appreciation
2.56%
Original Mortgage
$154,500
Outstanding Balance
$135,574
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$109,644

Purchase Details

Listed on
Dec 2, 2015
Closed on
Nov 23, 2016
Sold by
Kitterman Jeffrey A
Bought by
Ginn Rebecca L and Ginn Marvin D
Seller's Agent
Laurie Stark
Hobson, REALTORS
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$170,000
Sold Price
$157,000
Premium/Discount to List
-$13,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Ward Teresa T
Bought by
Kitterman Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1999
Sold by
Brewer Melissa Leigh
Bought by
Ward Teresa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,650
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1998
Sold by
Brewer Denny H and Brewer Carolyn
Bought by
Brewer Melissa Leigh

Purchase Details

Closed on
Jun 1, 1995
Bought by
Brewer Denny H and Brewer Carolyn
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
Burnham Kelly Hooper $206,000 First Natl Financial Title S
Ginn Rebecca L $157,000 None Available
Kitterman Jeffrey A $158,000 --
Ward Teresa T $103,000 --
Brewer Melissa Leigh $75,000 --
Brewer Denny H $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnham Kelly Hooper $154,500
Previous Owner Kitterman Jeffrey A $159,000
Previous Owner Ward Teresa T $100,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2018 11/14/18 Sold $206,000 +0.5% $172 / Sq Ft
10/18/2018 10/18/18 For Sale $205,000 +30.6% $171 / Sq Ft
11/23/2016 11/23/16 Sold $157,000 -7.6% $131 / Sq Ft View Prior Sale
11/03/2016 11/03/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $170,000 -- $142 / 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 -- $58,450 $5,375 $53,075
2024 -- $49,825 $5,375 $44,450
2023 $3,035 $49,825 $5,375 $44,450
2022 $3,035 $49,825 $5,375 $44,450
2021 $1,352 $49,825 $5,375 $44,450
2020 $2,757 $38,050 $5,375 $32,675
2019 $1,216 $38,050 $5,375 $32,675
2018 $1,216 $38,050 $5,375 $32,675
2017 $1,245 $38,050 $5,375 $32,675
2016 $1,464 $33,500 $0 $0
2014 $1,464 $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Martin

    Seller's Agent in 2018

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    51 in this area

    205 Total Sales

    Leigh Martin
    Section Image
  • Lynda Baddour

    Buyer's Agent in 2018

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    12 in this area

    178 Total Sales

    Lynda Baddour
    Section Image
  • Laurie Stark

    Seller's Agent in 2016

    Laurie Stark

    Hobson, REALTORS

    (901) 728-6628

    1 in this area

    55 Total Sales

    Laurie Stark
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038993

Memphis Area Association of REALTORS®

APN: 01-5007-A0-0003

Tennessee Shelby County Memphis 38104 Central Gardens

1426 Central Ave Unit 102, Memphis, TN

This home is located at 1426 Central Ave Unit 102, Memphis, TN 38104 since 18 October 2018 and is currently estimated at $245,218, approximately $175 per square foot. This property was built in 1943. 1426 Central Ave Unit 102 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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