NOT LISTED FOR SALE

1487 Central Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $683,000 - $860,000

5 Beds
3.5 Baths
3,600-3,799 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $715,000 $188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,619/month

15 Days on Market

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Landscaped Professionally
  • Gated Parking
  • 0.78 Acre Lot
  • Living Room with Fireplace

About This Home

As of January 2022

Eclectic Mission Revival style home, Circa 1902. Truly unique! Tile roof, lovely architectural details, stately entry, outstanding millwork/molding, quaint guest house, nearly an acre, treed w/lush landscaping and greenery, ginormous front porch, functional green house, beautiful large fireplaces, built-ins, sprinkler system, breathtaking pocket doors and gorgeous hardwood floors are just some of the features of this amazing beauty. All rooms are large & ceilings are high! Spectacular!

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 11/15/2021

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Lynda Baddour

Ware Jones, REALTORS License #300143

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1902

Lot Details

  • 33,977 Sq Ft Lot
  • Lot Dimensions are 100x341
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Tile Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,775 Sq Ft Home
  • 2.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Bonus Room with Fireplace
  • Play Room
  • Storage Room
  • Attic Access Panel
  • Security Gate

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway
  • Gated Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Additional Features

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

Community Details

  • Carr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015029 00005

Home Details

Home Type

Single Family

Year Built

Built in 1902

Lot Details

0.78 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Melrose
  • MAAR Subdivision Name: ANNESDALE
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 189
  • Number Of Stories: 2.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3775
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling
  • Bedroom 4 Description: Hardwood Floor, Shared Bath, Smooth Ceiling
  • Bedroom 5 Description: Hardwood Floor, Shared Bath, Smooth Ceiling
  • Bedrooms: 5
  • Fireplace: Decorative Only, In Living Room, In Other Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Common Basement
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Unfinished Basement, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Smooth Ceiling, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 2, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Historic District, Well Landscaped Grounds, Storage
  • Exterior Windows: Brick Veneer
  • Foundation: Full Basement
  • Roof: Tile/Slate

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s), Gated Parking, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped
  • Lot Number: 22
  • Acreage: 0.78
  • Lot Size: 100X341

Tax Info

  • Assessor Parcel Number: 015029 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 12, 2022
Sold by
Nelson Erin
Bought by
Rlcw Trusts
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Current Estimated Value
$770,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,192
Avg. Annual Appreciation
1.78%
Original Mortgage
$572,000
Outstanding Balance
$526,754
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$243,438

Purchase Details

Closed on
Jul 27, 2021
Sold by
Dacus Kevin
Bought by
Nelson Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 28, 2018
Sold by
Dewey Jonathan
Bought by
Dacus Kevin and Nelson Erin
Seller's Agent
Thomas Marchbanks
eXp Realty, LLC
Buyer's Agent
Carol Lott
BHHS McLemore & Co., Realty
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$395,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 31, 2015
Sold by
Aldridge Chantele
Bought by
Dewey Jonathan
Seller's Agent
Stacey Williams
Sowell, Realtors
Buyer's Agent
Christina Morris
Hobson, REALTORS
List Price
$635,000
Sold Price
$535,000
Premium/Discount to List
-$100,000
-15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.70%
Original Mortgage
$417,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2011
Sold by
Scates Sean M and Sims Brian S
Bought by
Aldridge Chantele

Purchase Details

Closed on
Jul 22, 2004
Sold by
Perry Suellyn and Register Penelope Waren
Bought by
Scates Sean M and Sims Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rlcw Trusts $715,000 None Available
Nelson Erin -- None Available
Dacus Kevin $495,000 None Available
Dewey Jonathan $535,000 Attorney
Aldridge Chantele $525,000 Multiple
Scates Sean M $492,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rlcw Trusts $572,000
Previous Owner Nelson Erin $504,800
Previous Owner Dacus Kevin $395,000
Previous Owner Dewey Jonathan $417,000
Previous Owner Scates Sean M $394,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $715,000 -4.7% $199 / Sq Ft
11/15/2021 11/15/21 For Sale $750,000 +51.5% $208 / Sq Ft
06/28/2018 06/28/18 Sold $495,000 -6.4% $130 / Sq Ft View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $529,000 -1.1% $139 / Sq Ft
08/28/2015 08/28/15 Sold $535,000 -15.7% $134 / Sq Ft View Prior Sale
08/04/2015 08/04/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $635,000 -- $159 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $6,799 $219,775 $50,500 $169,275
2024 $6,799 $200,575 $47,250 $153,325
2023 $12,218 $200,575 $47,250 $153,325
2022 $8,869 $145,600 $47,250 $98,350
2021 $8,973 $145,600 $47,250 $98,350
2020 $9,692 $133,750 $59,050 $74,700
2019 $4,275 $133,750 $59,050 $74,700
2018 $4,275 $133,750 $59,050 $74,700
2017 $5,202 $159,025 $59,050 $99,975
2016 $6,258 $143,200 $0 $0
2014 $6,258 $143,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2022

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    7 in this area

    341 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2022

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    6 in this area

    332 Total Sales

    Carol Lott
    Section Image
  • Lynda Baddour

    Buyer's Agent in 2022

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    14 in this area

    171 Total Sales

    Lynda Baddour
    Section Image
  • Thomas Marchbanks

    Seller's Agent in 2018

    Thomas Marchbanks

    eXp Realty, LLC

    (901) 335-6688

    54 Total Sales

    Thomas Marchbanks
    Section Image

  • S

    Seller's Agent in 2015

    Stacey Williams

    Sowell, Realtors

  • Christina Morris

    Buyer's Agent in 2015

    Christina Morris

    Hobson, REALTORS

    (901) 277-1699

    2 in this area

    59 Total Sales

    Christina Morris
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112738

Memphis Area Association of REALTORS®

APN: 01-5029-0-0005

Tennessee Shelby County Memphis 38104 Central Gardens

1487 Central Ave, Memphis, TN

Not Listed for Sale

Detached

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