NOT LISTED FOR SALE

Estimated Value: $250,989 - $275,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $225,000 $125 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,548/month

Highlights

  • The property is located in a historic district
  • Wood Burning Stove
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of August 2020

If you are looking for a Midtown jewel then this cozy cottage is a MUST SEE! This 3 bedroom, 2 bathroom home is located in the very desirable Central Gardens and walking distance from many amenities such as Overton Square, Minglewood Hall and lots of new Midtown attractions. The owner is offering some awesome extras with this purchase including a microwave, stove, dishwasher and washer + dryer. This home is sure to receive much interest so schedule now for a tour!

Last Agent to Sell the Property

Raven Henderson

KAIZEN Realty, LLC License #348549 Listed on: 03/28/2020

KAIZEN Realty, LLC

Last Buyer's Agent

Raven Henderson

KAIZEN Realty, LLC License #348549 Listed on: 03/28/2020

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1922

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 54 x 150
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,657 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Den
  • Pull Down Stairs to Attic
  • Updated Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance

Additional Features

  • Outdoor Storage
  • The property is located in a historic district
  • Central Heating and Cooling System

Community Details

  • Meacham Re Blk 23 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016017 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Kimbrough Place
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 139
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1657
  • Termite Contract: Yes
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Wood Stove Insert
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen
  • Misc Interior: Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement

Exterior Features

  • Misc Exterior: Historic District, Chain Fence, Storage
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s), Storm Window(s), Storm Door(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Monitored Alarm System, Smoke Detector(s)

Lot Info

  • Lot Description: Some Trees, Wood Fenced, Chain Fenced
  • Lot Number: N PT 8
  • Acreage: 0.18
  • Lot Size: 54 X 150

Tax Info

  • Assessor Parcel Number: 016017 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
Aug 31, 2020
Sold by
Thorpe Erin M and Parish Erin M
Bought by
Adolphus Pierre
Seller's Agent
Raven Henderson
KAIZEN Realty, LLC
Buyer's Agent
Raven Henderson
KAIZEN Realty, LLC
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$264,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,497
Avg. Annual Appreciation
3.18%
Original Mortgage
$220,924
Outstanding Balance
$196,415
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$68,082

Purchase Details

Closed on
Jul 24, 2008
Sold by
Young James H
Bought by
Thorpe Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,887
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2007
Sold by
Butler Lakeesha
Bought by
Sterling National Mortgage Co Inc

Purchase Details

Closed on
May 15, 2006
Sold by
Nunnally Lutheran
Bought by
Butler Lakeesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 23, 2004
Sold by
Bank One Na
Bought by
Nunnally Lutheran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Eskridge John
Bought by
Bank One Na and Ace Securities Corp Home Equity Loan Tr

Purchase Details

Closed on
Oct 21, 2002
Sold by
Eskridge John
Bought by
Fresh Start Church & Outreach Ministry

Purchase Details

Closed on
Jan 31, 2002
Sold by
Eskridge John
Bought by
Fresh Start Church Outreach Ministry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
9.5%

Purchase Details

Closed on
Jan 4, 2002
Sold by
First Congregational Church Of Memphis
Bought by
Eskridge John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
9.5%
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
Adolphus Pierre $325,000 None Available
Thorpe Erin M $142,000 Absolute Title & Escrow
Sterling National Mortgage Co Inc $108,000 None Available
Butler Lakeesha $185,000 First Natl Fincl Title Svcs
Nunnally Lutheran $74,000 --
Bank One Na $81,000 --
Fresh Start Church & Outreach Ministry -- --
Fresh Start Church Outreach Ministry -- --
Eskridge John $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adolphus Pierre $220,924
Previous Owner Thorpe Erin M $140,887
Previous Owner Butler Lakeesha $148,000
Previous Owner Nunnally Lutheran $66,500
Previous Owner Eskridge John $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $225,000 -2.2% $141 / Sq Ft
06/10/2020 06/10/20 Price Changed $230,000 -2.1% $144 / Sq Ft
05/16/2020 05/16/20 Price Changed $235,000 -2.1% $147 / Sq Ft
03/28/2020 03/28/20 For Sale $240,000 -- $150 / 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 $1,875 $62,425 $13,875 $48,550
2024 $1,875 $55,300 $9,325 $45,975
2023 $3,369 $55,300 $9,325 $45,975
2022 $3,369 $55,300 $9,325 $45,975
2021 $1,908 $55,300 $9,325 $45,975
2020 $3,346 $46,175 $9,325 $36,850
2019 $1,476 $46,175 $9,325 $36,850
2018 $1,476 $46,175 $9,325 $36,850
2017 $1,511 $46,175 $9,325 $36,850
2016 $1,473 $33,700 $0 $0
2014 $1,473 $33,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073779

Memphis Area Association of REALTORS®

APN: 01-6017-0-0002