NOT LISTED FOR SALE

1487 Goodbar Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $453,000 - $583,000

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $300,000 $125 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,933/month

Highlights

  • Detached Guest House
  • Deck
  • Traditional Architecture
  • The property is located in a historic district
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of August 2015

MOTIVATED SELLER! This house is on a wonderful block of Central Gardens. Screened front porch and porte-cochere. 4BR. 2.5 BA. New paint inside and outside. Original French Doors and hardwood floors through out with ample closets and custom drapery. New deck, lush plantings and cozy guest house in rear - currently rented by an excellent tenant. Guest house will be shown for serious buyers.

Last Agent to Sell the Property

Anita Lauer

Sowell, Realtors License #249053 Listed on: 04/07/2015

Last Buyer's Agent

Sue Helmers

Adaro Realty, Inc. License #218862

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,296 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room with Fireplace
  • Screened Porch
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

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

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Additional Features

  • Deck
  • Detached Guest House
  • The property is located in a historic district

Community Details

  • Jm Goodbar Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015005 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,798

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Willett
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 144
  • Number Of Stories: 2
  • Price Per Sq Ft: 130.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2296
  • Termite Contract: Yes
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Fireplace: In Living Room, In Other Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Permanent Attic Stairs, Attic Access, Security System, Monitored Alarm
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Separate Guest House, Unfinished Basement, Attic
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Screen Porch, Deck, Historic District, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Stucco, Wood Window(s), Storm Door(s)
  • Foundation: Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Smoke Detector(s), Iron Door(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: E PT 41
  • Acreage: 0.17
  • Lot Size: 50 X 150
  • Price Per Acre: 1938235

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 015005 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Aug 31, 2015
Sold by
White Rose Ann L
Bought by
Martin Thomas A and Martin Hope L
Seller's Agent
Anita Lauer
Sowell, Realtors
Buyer's Agent
Sue Helmers
Adaro Realty, Inc.
List Price
$348,000
Sold Price
$300,000
Premium/Discount to List
-$48,000
-13.79%
Current Estimated Value
$491,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,448
Avg. Annual Appreciation
5.00%
Original Mortgage
$190,000
Outstanding Balance
$76,378
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$415,070

Purchase Details

Closed on
Aug 13, 1999
Sold by
White Roy D
Bought by
White Rose Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,780
Interest Rate
7.58%
Source: Public Records

Range of Values:

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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
Martin Thomas A $300,000 Attorney
White Rose Ann L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Thomas A $190,000
Previous Owner White Rose Ann L $28,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $300,000 -13.8% $136 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $348,000 -- $158 / 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 $3,798 $122,650 $20,525 $102,125
2024 $3,798 $112,025 $16,500 $95,525
2023 $6,824 $112,025 $16,500 $95,525
2022 $6,824 $112,025 $16,500 $95,525
2021 $6,904 $112,025 $16,500 $95,525
2020 $7,099 $97,975 $16,500 $81,475
2019 $6,018 $83,050 $16,500 $66,550
2018 $6,018 $83,050 $16,500 $66,550
2017 $3,413 $83,050 $16,500 $66,550
2016 $3,308 $75,700 $0 $0
2014 $3,308 $75,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anita Lauer

    Sowell, Realtors

    Section Image

  • S

    Buyer's Agent in 2015

    Sue Helmers

    Adaro Realty, Inc.

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9948869

Memphis Area Association of REALTORS®

APN: 01-5005-0-0004

Tennessee Shelby County Memphis 38104 Central Gardens

1487 Goodbar Ave, Memphis, TN

This home is located at 1487 Goodbar Ave, Memphis, TN 38104 since 07 April 2015 and is currently estimated at $491,448, approximately $204 per square foot. This property was built in 1920. 1487 Goodbar Ave 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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