NOT LISTED FOR SALE

1491 Vance Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $586,003 - $668,000

3 Beds
4 Baths
2,800-2,999 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $655,000 $218 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,574/month

Highlights

  • Detached Guest House
  • Garage Apartment
  • Updated Kitchen
  • The property is located in a historic district
  • Gated Parking
  • Colonial Architecture

About This Home

As of August 2022

Total stunning renovation on one of Central Gardens most desirable blocks! "Kitchen of Dreams" is all that describes the new, open, high-end chefs kitchen with Wolf gas cooking. Fridge/micro/washer/dryer/wine cooler incl. Primary has fireplace & custom cabinetry, and be sure to spend time in the new fab marble primary bath. Refinished hardwoods gleam, wet bar, new lighting, new designer paint in/out, new roof, irrigation system, plumbing for pool, garage/guest house as-is, new baths,& much more!

Last Agent to Sell the Property

Tim Tanner

Crye-Leike, Inc., REALTORS License #272221 Listed on: 07/22/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Hayden Hunt

Ware Jones, REALTORS License #355733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x150
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 3,883 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs
  • Iron Doors

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Additional Features

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

Community Details

  • Voluntary home owners association
  • Kimbrough Union Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016026 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,407

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial, Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Kimbrough
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 174
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3883
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, 2 or More Baths
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling
  • Bedrooms: 3
  • Fireplace: In Living Room, In Primary Bedroom
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Wet Bar, Permanent Attic Stairs, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Closet, Separate Guest House, Unfinished Basement, Entry Hall, Attic
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Fireplace, Hardwood Floor, Level 2, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Porch, Patio, Garage Apartment, Historic District, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Public Sewer, Public Water

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Landscaped, Professionally Landscaped
  • Lot Number: 66
  • Acreage: 0.25
  • Lot Size: 75X150

Tax Info

  • Assessor Parcel Number: 016026 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 22, 2022
Sold by
Thomas Marsh
Bought by
Garrott Thomas Mcmurray
Seller's Agent
Tim Tanner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Hayden Hunt
Ware Jones, REALTORS
List Price
$674,900
Sold Price
$655,000
Premium/Discount to List
-$19,900
-2.95%
Current Estimated Value
$609,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,249
Avg. Annual Appreciation
-2.20%

Purchase Details

Closed on
Oct 1, 2020
Sold by
Carmichael Greg S and Carmichael Leeann E
Bought by
Marsh Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 15, 2016
Sold by
Mulherin E Walker
Bought by
Carmichael Greg S and Carmichael Leeann E
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Marcella Clements
Crye-Leike, Inc., REALTORS
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$365,750
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Garrott Thomas Mcmurray $655,000 Byrne & Associates Pllc
Marsh Thomas $380,000 None Available
Carmichael Greg S $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh Thomas $536,000
Previous Owner Carmichael Greg S $365,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $655,000 -2.9% $234 / Sq Ft
07/22/2022 07/22/22 For Sale $674,900 +75.3% $241 / Sq Ft
12/15/2016 12/15/16 Sold $385,000 -2.5% $148 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $395,000 -- $152 / 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 $4,407 $160,825 $27,200 $133,625
2024 $4,407 $130,000 $22,500 $107,500
2023 $7,919 $130,000 $22,500 $107,500
2022 $5,985 $98,250 $22,500 $75,750
2021 $3,390 $98,250 $22,500 $75,750
2020 $3,083 $96,475 $22,500 $73,975
2019 $3,083 $96,475 $22,500 $73,975
2018 $3,083 $96,475 $22,500 $73,975
2017 $3,156 $96,475 $22,500 $73,975
2016 $3,134 $71,725 $0 $0
2014 $3,441 $78,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Tanner

    Seller's Agent in 2022

    Tim Tanner

    Crye-Leike

    (901) 340-7556

    2 in this area

    99 Total Sales

    Tim Tanner
    Section Image

  • H

    Buyer's Agent in 2022

    Hayden Hunt

    Ware Jones, REALTORS

    (901) 581-5882

    1 in this area

    9 Total Sales

    Hayden Hunt
    Section Image
  • Linda Sowell

    Seller's Agent in 2016

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    19 in this area

    207 Total Sales

    Linda Sowell
    Section Image

  • M

    Buyer's Agent in 2016

    Marcella Clements

    Crye-Leike, Inc., REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10129389

Memphis Area Association of REALTORS®

APN: 01-6026-0-0004

Tennessee Shelby County Memphis 38104 Central Gardens

1491 Vance Ave, Memphis, TN

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