NOT LISTED FOR SALE

1520 Peabody Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $495,000 - $698,073

3 Beds
4 Baths
4,200 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $550,000 $131 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,342/month

Highlights

  • English Architecture
  • 2 Fireplaces
  • 4 Car Detached Garage
  • Wood Flooring
  • Some Wood Windows
  • Breakfast Bar

About This Home

As of June 2022

Live in a fine, old home in Central Gardens, and let your upstairs neighbor pay your housenote. This elegant place is perfect for owner/occupant (or as a single home as the present owners have done). Downstairs kitchen is good looking and up to the minute. This place is well laid out to use as a two bedroom w/big den, too. Minutes from shopping, public and private schools, Overton Park........and a straight shot down to the River. Call me or your favorite Realtor and take a look!

Last Agent to Sell the Property

Mary Frances Pitts

Ware Jones, REALTORS License #16607 Listed on: 04/12/2022

Ware Jones, REALTORS

Last Buyer's Agent

Jeff Bennett

Hobson, REALTORS License #305204

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1928

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 105x153
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • English Architecture
  • Composition Shingle Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • 2 Fireplaces
  • Some Wood Windows
  • Dining Area

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 4 Car Detached Garage
  • Front Facing Garage

Utilities

  • Cooling System Powered By Gas
  • Central Heating
  • 220 Volts

Community Details

  • Kimbroughs Union Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016026 00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,826

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: English
  • Cross Street: belvedere
  • Second Address Number: 1522
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 137
  • Number Of Stories: 2
  • Estimated Sq Ft: 4200
  • Termite Contract: Yes
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Cooktop/Wall Oven, Dishwasher, Fireplace(s), Smoke Detector(s)

Exterior Features

  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4D
  • Parking: Front-Load Garage

Utilities

  • Cooling: Gas Cooling, 220 Wiring
  • Heating: Central, Electric, House Systems

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 75
  • Acreage: 0.36
  • Lot Size: 105X153

Tax Info

  • Assessor Parcel Number: 016026 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jun 6, 2022
Sold by
Gorman Fernandez Jennifer
Bought by
Campbell Michael and Campbell Emilie
Seller's Agent
Mary Frances Pitts
Ware Jones, REALTORS
Buyer's Agent
Jeff Bennett
Hobson, REALTORS
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Current Estimated Value
$574,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,691
Avg. Annual Appreciation
1.29%
Original Mortgage
$440,000
Outstanding Balance
$413,301
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$161,390

Purchase Details

Closed on
Aug 1, 2014
Sold by
Brown Temple D
Bought by
Fernandez Jennifer Gorman

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
4.2%
Mortgage Type
New Conventional
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
Campbell Michael $550,000 Stanley & Rainey Pc
Fernandez Jennifer Gorman $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Michael $440,000
Previous Owner Fernandez Jennifer Gorman $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $550,000 -4.3% $131 / Sq Ft
04/26/2022 04/26/22 Price Changed $575,000 -9.4% $137 / Sq Ft
04/23/2022 04/23/22 Price Changed $635,000 -9.2% $151 / Sq Ft
04/12/2022 04/12/22 For Sale $699,000 0.0% $166 / Sq Ft
03/17/2014 03/17/14 Rented $1,245 -11.1% --
02/15/2014 02/15/14 Under Contract -- -- --
09/05/2013 09/05/13 For Rent $1,400 -- --
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 $3,826 $180,350 $33,275 $147,075
2024 $3,826 $112,850 $30,200 $82,650
2023 $6,874 $112,850 $30,200 $82,650
2022 $6,874 $112,850 $30,200 $82,650
2021 $6,955 $112,850 $30,200 $82,650
2020 $6,982 $96,350 $30,200 $66,150
2019 $3,079 $96,350 $30,200 $66,150
2018 $3,079 $96,350 $30,200 $66,150
2017 $3,152 $96,350 $30,200 $66,150
2016 $3,004 $68,750 $0 $0
2014 $4,807 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mary Frances Pitts

    Ware Jones, REALTORS

    (901) 450-4011

    3 in this area

    23 Total Sales

    Mary Frances Pitts
    Section Image
  • Jeff Bennett

    Buyer's Agent in 2022

    Jeff Bennett

    Hobson, REALTORS

    (901) 359-1463

    4 in this area

    56 Total Sales

    Jeff Bennett
    Section Image

  • S

    Buyer Co-Listing Agent in 2022

    Stephanie Robinson

    Hobson, REALTORS

    (901) 558-8502

    1 in this area

    14 Total Sales

    Stephanie Robinson
    Section Image
  • Jennifer Brown

    Seller's Agent in 2014

    Jennifer Brown

    Crye-Leike

    (901) 483-0605

    58 Total Sales

    Jennifer Brown
    Section Image

  • D

    Buyer's Agent in 2014

    Debra McDowell

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121555

Memphis Area Association of REALTORS®

APN: 01-6026-0-0013

Tennessee Shelby County Memphis 38104 Central Gardens

1520 Peabody Ave, Memphis, TN

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