NOT LISTED FOR SALE

Estimated Value: $497,000 - $570,815

3 Beds
2 Baths
4,484 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $450,000 $100 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,062/month

Highlights

  • The property is located in a historic district
  • English Architecture
  • 2 Fireplaces
  • Wooded Lot
  • Wood Flooring
  • Screened Porch

About This Home

As of October 2020

Beautiful English Tudor duplex in the heart of Central Gardens. Freshly painted inside & out. Downstairs has 3br, 2ba w/ stunning sunroom/den w/ stone floor. Tons of windows w/ custom shutters, gleaming refinished H/W floors. New kitchen w/ appls, pine floors, pantry, bf room. Screened porch. Gorgeous new bath. Upstairs has 2br, 2ba w/ huge master br, updated kitchen w/ laundry room, bf room, pantry, pine floors. Covered balcony off LR. Balcony off 2nd BR. Tons of built-ins. HW floors

Last Agent to Sell the Property

Sue King

Sowell, Realtors License #24593 Listed on: 09/13/2020

Last Buyer's Agent

Kristi Ryan

Coldwell Banker Collins-Maury License #352140

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1925

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 79x153
  • Wood Fence
  • Chain Link Fence
  • Brick Fence
  • Landscaped
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • English Architecture
  • Composition Shingle Roof
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • Walk-In Closet
  • 4,484 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Some Wood Windows
  • Window Treatments
  • Screened Porch
  • Pull Down Stairs to Attic
  • Storm Windows

Kitchen

  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Detached Garage
  • Carport
  • Front Facing Garage
  • Driveway

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 016026 00017

Community Details

Overview

  • Central Gardens Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,581

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: English
  • Cross Street: Kimbrough
  • Second Address Number: 1478
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 123
  • Number Of Stories: 2
  • Estimated Sq Ft: 4484
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile, 9 or more Ft. Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher, Exhaust Fan/Vent Hood, Fireplace(s)
  • Estimated Entire Duplex Sq Ft: 4500-4999
  • Miscellaneous Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Cable Available

Exterior Features

  • Misc Exterior: Porch, Screen Porch, Separate Meters, Cat/Dog Free House, Historic District
  • Exterior Windows: Brick Veneer, Wood/Composition, Stone, Wood Window(s), Storm Window(s)
  • Foundation: Conventional, Partial Basement, Walk-Out Basement
  • Roof: Composition Shingles, Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central Cooling
  • Heating: Gas, Hot Water/Steam
  • Hot Water: Gas, Individual System

Lot Info

  • Lot Description: Wooded, Level, Landscaped, Wood Fenced, Chain Fenced, Brick/Stone Fenced
  • Lot Number: 79
  • Acreage: 0.24
  • Lot Size: 79X153

Rental Info

  • Tenants Pay: Some Utilities

Tax Info

  • Assessor Parcel Number: 016026 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 26, 2020
Sold by
Wallace William Lee and Wallace Mary Elizabeth
Bought by
Frisby Kristen M
Seller's Agent
Sue King
Sowell, Realtors
Buyer's Agent
Kristi Ryan
Coldwell Banker Collins-Maury
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Current Estimated Value
$525,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,454
Avg. Annual Appreciation
3.15%
Original Mortgage
$360,000
Outstanding Balance
$320,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,105

Purchase Details

Closed on
Aug 9, 2000
Sold by
Wallace Cornelia B
Bought by
Wallace Cornelia E Bowers and Cornelia E Bowers Wallace Revocable Tr
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
Frisby Kristen M $450,000 None Available
Wallace Cornelia E Bowers -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisby Kristen M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $450,000 -18.2% $100 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $550,000 -- $123 / 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 $3,581 $145,625 $26,500 $119,125
2024 $3,581 $105,625 $21,625 $84,000
2023 $6,434 $105,625 $21,625 $84,000
2022 $6,434 $105,625 $21,625 $84,000
2021 $3,644 $105,625 $21,625 $84,000
2020 $6,954 $95,975 $21,625 $74,350
2019 $3,067 $95,975 $21,625 $74,350
2018 $3,067 $95,975 $21,625 $74,350
2017 $3,140 $95,975 $21,625 $74,350
2016 $4,178 $95,600 $0 $0
2014 $4,178 $95,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084883

Memphis Area Association of REALTORS®

APN: 01-6026-0-0017