NOT LISTED FOR SALE

1509 Carr Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $562,000 - $625,000

4 Beds
3.5 Baths
3,200-3,399 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $659,000 $194 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,530/month

Highlights

  • The property is located in a historic district
  • Landscaped Professionally
  • Traditional Architecture
  • Updated Kitchen
  • Den with Fireplace
  • Wood Flooring

About This Home

As of September 2021

Truly beautiful 4 BR, 3.5 BA home in the heart of Central Gardens with exquisite millwork & attention-to-detail in every update** Wonderful open family space: Kitchen/Breakfast/Keeping Rm w/wood-burning FP**All bathrooms renovated, incl. a modern master bath in keeping with the character of this 1915 classic** Huge Master walk-in closet**Pine floors throughout**Tankless H/W**Plantation Shutters**Finished, dry Basement designed by Redeemer w/vapor barrier walls & new slab floor**Backyard paradise

Last Agent to Sell the Property

Barbara Cowles

Hobson, REALTORS License #200957 Listed on: 07/14/2021

Last Buyer's Agent

Leigh Martin

Hobson, REALTORS License #277409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,153

Year Built

  • Built in 1915

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x141
  • Landscaped Professionally
  • Sprinklers on Timer

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,218 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 3 Fireplaces
  • Finished Basement
  • Partial Basement
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas

Community Details

  • Voluntary home owners association
  • Matthews Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016028 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,153

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Willett
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 205
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3218
  • Year Built: 1915
  • 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
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedrooms: 4
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Closet, Finished Basement, Entry Hall, Attic
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Storage Building, Porch, Patio, Historic District
  • Exterior Windows: Wood/Composition, Wood Window(s), Double Pane Window(s), Storm Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 37
  • Acreage: 0.19
  • Lot Size: 60X141

Tax Info

  • Assessor Parcel Number: 016028 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 8, 2021
Sold by
Ranson Martin Sarah L
Bought by
Lewis Stephen B and Lewis Kathryn Rea
Seller's Agent
Barbara Cowles
Hobson, REALTORS
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$659,000
Sold Price
$659,000
Current Estimated Value
$605,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,749
Avg. Annual Appreciation
-2.03%
Original Mortgage
$527,200
Outstanding Balance
$478,997
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$126,254

Purchase Details

Closed on
Nov 6, 2015
Sold by
Martin Michael G and Ranson Maritn Sarah L
Bought by
Ranson Martin Sarah L

Purchase Details

Closed on
Jul 1, 2009
Sold by
Taylor Blair C
Bought by
Martin Michael G and Ranson Martin Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,600
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Barnes Eric J
Bought by
Taylor Blair C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.67%

Purchase Details

Closed on
Oct 12, 1998
Sold by
Walker Charles G and Walker Anne W
Bought by
Barnes Eric J and Taylor Blair C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.76%

Purchase Details

Closed on
Jan 31, 1995
Bought by
Walker Charles G and Walker W
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
Lewis Stephen B $659,000 Closetrak Llc
Ranson Martin Sarah L -- None Available
Martin Michael G $422,000 Shaw Title & Closing Service
Taylor Blair C -- --
Barnes Eric J $225,000 --
Walker Charles G $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Stephen B $527,200
Previous Owner Martin Michael G $337,600
Previous Owner Taylor Blair C $248,000
Previous Owner Barnes Eric J $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $659,000 0.0% $206 / Sq Ft
07/14/2021 07/14/21 For Sale $659,000 -- $206 / 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 $4,153 $172,625 $23,150 $149,475
2024 $4,153 $122,500 $18,025 $104,475
2023 $7,462 $122,500 $18,025 $104,475
2022 $7,462 $122,500 $18,025 $104,475
2021 $7,550 $122,500 $18,025 $104,475
2020 $3,590 $112,325 $18,025 $94,300
2019 $3,590 $112,325 $18,025 $94,300
2018 $3,375 $105,600 $18,025 $87,575
2017 $3,455 $105,600 $18,025 $87,575
2016 $3,853 $88,175 $0 $0
2014 $3,853 $88,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Cowles

    Seller's Agent in 2021

    Barbara Cowles

    Hobson, REALTORS

    (901) 351-2365

    4 in this area

    43 Total Sales

    Barbara Cowles
    Section Image
  • Leigh Martin

    Buyer's Agent in 2021

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    52 in this area

    202 Total Sales

    Leigh Martin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104025

Memphis Area Association of REALTORS®

APN: 01-6028-0-0009

Tennessee Shelby County Memphis 38104 Central Gardens

1509 Carr Ave, Memphis, TN

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