NOT LISTED FOR SALE

1492 Eastmoreland Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $351,000 - $372,000

2 Beds
2 Baths
1,800-1,999 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $189,500 $95 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,151/month

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Den
  • Updated Kitchen
  • Screened Porch
  • 2 Car Detached Garage

About This Home

As of February 2013

Charming two bedroom bungalow in historic Central Gardens. Beautiful hardwood floors, large living room with inviting fireplace. Spacious den with lots of windows and build in bookcases. Private back yard with rare two car garage.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 01/10/2012

Last Buyer's Agent

Leigh Martin

Hobson, REALTORS License #277409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62 x 144.1
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Bungalow

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,939 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Screened Porch
  • Wood Flooring
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • Kimbroughs Union Ave Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016023 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,036

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1939
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Gas Cooking, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Screen Porch, Patio, Historic District
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 16
  • Acreage: 0.2
  • Lot Size: 62 X 144.1

Tax Info

  • Assessor Parcel Number: 016023 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 25, 2013
Sold by
Schaefer Dale E
Bought by
Linebarier Chester R and Linebarier Carol D
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$219,000
Sold Price
$189,500
Premium/Discount to List
-$29,500
-13.47%
Current Estimated Value
$360,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,412
Avg. Annual Appreciation
5.21%
Original Mortgage
$189,500
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 6, 2006
Sold by
Sublette Nina Katherine
Bought by
Schaefer Dale E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Lett Kimberly K
Bought by
Sublette Nina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1996
Sold by
King John C and King Stephanie
Bought by
Sublette Nina Katherine and Lett Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,800
Interest Rate
7.85%

Purchase Details

Closed on
May 28, 1996
Sold by
James Lloyd W
Bought by
King John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.05%
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
Linebarier Chester R $189,500 Executive Title Closing Inc
Schaefer Dale E $227,900 --
Sublette Nina K -- --
Sublette Nina Katherine $138,750 --
King John C $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Linebarier Chester R $189,500
Previous Owner Schaefer Dale E $145,000
Previous Owner Sublette Nina K $50,000
Previous Owner Sublette Nina Katherine $131,800
Previous Owner King John C $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2013 02/25/13 Sold $189,500 -13.5% $105 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/10/2012 01/10/12 For Sale $219,000 -- $122 / 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 $3,036 $90,775 $24,175 $66,600
2024 $3,036 $89,550 $16,500 $73,050
2023 $5,455 $89,550 $16,500 $73,050
2022 $5,455 $89,550 $16,500 $73,050
2021 $5,519 $89,550 $16,500 $73,050
2020 $4,985 $68,800 $16,500 $52,300
2019 $4,985 $68,800 $16,500 $52,300
2018 $4,985 $68,800 $16,500 $52,300
2017 $2,828 $68,800 $16,500 $52,300
2016 $2,656 $60,775 $0 $0
2014 $2,656 $60,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2013

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    19 in this area

    206 Total Sales

    Linda Sowell
    Section Image
  • Leigh Martin

    Buyer's Agent in 2013

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    53 in this area

    203 Total Sales

    Leigh Martin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3238791

Memphis Area Association of REALTORS®

APN: 01-6023-0-0014

Tennessee Shelby County Memphis 38104 Central Gardens

1492 Eastmoreland Ave, Memphis, TN

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