NOT LISTED FOR SALE

1426 Central Ave Unit 304 Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $214,576 - $244,000

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
436 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $193,100 $138 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,355/month

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Landscaped Professionally
  • Wood Flooring
  • Balcony

About This Home

As of March 2020

Light-filled classic beauty features all the charm you'd hope to find in Central Gardens. Delightful living room with fireplace and built-ins, cool spiral staircase connecting 2 floors, 2 Balconies, and the most wonderful views from every room!! A rare find, Do Not Miss!! Showings begin Wednesday, Feb. 5.

Last Agent to Sell the Property

Fontaine Albritton

Crye-Leike, Inc., REALTORS License #266545 Listed on: 02/03/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Brenda Medling

Keller Williams License #322461

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1932

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,310 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Termite Clearance

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Carport
  • Guest Parking
  • Parking Lot
  • Assigned Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Balcony
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 015007 A00011

Community Details

Overview

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

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,486

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Condo: Yes
  • List Price Per Sq Ft: 141
  • Number Of Stories: 2
  • Price Per Sq Ft: 147.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1310
  • Termite Contract: Yes
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Presently Inoperative, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District, Balcony, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Storage Room(s), Parking Lot, Assigned Parking, Unassigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Common Hot Water, Public Sewer

Association/Amenities

  • Condo Amenities: On-Site Storage
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: MANSFIELD ARMS
  • Management Company: MANSFIELD

Fee Information

  • Monthly Maintenance Fee: 350

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: UNIT 304
  • Acreage: 0.01
  • Lot Size: 166 X 285
  • Price Per Acre: 18500000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 015007 A00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 16, 2020
Sold by
Leonard Marianne C
Bought by
Ross Roger B and Winston Lowell O
Seller's Agent
Fontaine Albritton
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brenda Medling
Keller Williams
List Price
$185,000
Sold Price
$193,100
Premium/Discount to List
$8,100
4.38%
Current Estimated Value
$232,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,044
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Basham Charles D
Bought by
Leonard Marianne C

Purchase Details

Closed on
Oct 7, 2002
Sold by
Runyan Jack L and Runyan Candace G
Bought by
Basham Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.18%

Purchase Details

Closed on
Jul 13, 2000
Sold by
White Vicki E
Bought by
Runyan Jack L and Runyan Candace G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
8.54%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Davidson Jerry W
Bought by
White Vicki E
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
Ross Roger B $193,100 None Available
Leonard Marianne C $155,000 --
Basham Charles D $140,000 First American Title
Runyan Jack L $118,000 --
White Vicki E $85,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basham Charles D $126,000
Previous Owner Runyan Jack L $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $193,100 +4.4% $161 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $185,000 -- $154 / 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 $1,486 $84,200 $8,600 $75,600
2024 $1,486 $43,825 $5,375 $38,450
2023 $2,670 $43,825 $5,375 $38,450
2022 $2,670 $43,825 $5,375 $38,450
2021 $2,701 $43,825 $5,375 $38,450
2020 $2,406 $33,200 $5,375 $27,825
2019 $1,061 $33,200 $5,375 $27,825
2018 $1,061 $33,200 $5,375 $27,825
2017 $1,086 $33,200 $5,375 $27,825
2016 $1,464 $33,500 $0 $0
2014 $1,464 $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fontaine Albritton

    Seller's Agent in 2020

    Fontaine Albritton

    Crye-Leike

    (901) 634-3436

    13 in this area

    95 Total Sales

    Fontaine Albritton
    Section Image
  • Brenda Medling

    Buyer's Agent in 2020

    Brenda Medling

    Keller Williams

    (901) 270-4621

    5 in this area

    25 Total Sales

    Brenda Medling
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070168

Memphis Area Association of REALTORS®

APN: 01-5007-A0-0011

Tennessee Shelby County Memphis 38104 Central Gardens

1426 Central Ave Unit 304, Memphis, TN

This home is located at 1426 Central Ave Unit 304, Memphis, TN 38104 since 03 February 2020 and is currently estimated at $232,144, approximately $165 per square foot. This property was built in 1932. 1426 Central Ave Unit 304 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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