NOT LISTED FOR SALE

1581 Central Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $802,000 - $869,000

5 Beds
3.5 Baths
3,800-3,999 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $835,000 $209 Per Sq Ft

Current estimated payment $4,964/month

112 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Parking
  • Updated Kitchen
  • The property is located in a historic district
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally

About This Home

As of July 2023

Wonderful home in prime Central Gardens location. Beautiful new gourmet kitchen, all Viking and Sub-Zero appliances. Large primary bedroom with luxury bathroom on the first floor. New roof in 2018, large attached two car garage with gated drive. Beautiful Travertine flooring and gorgeous backyard with heated pool. Upstairs has 4 bedrooms and large living area. Beautiful windows and light throughout this stunning home.

Last Agent to Sell the Property

Leigh Martin

Hobson, REALTORS License #277409 Listed on: 03/06/2023

Last Buyer's Agent

Heath West

Crye-Leike, Inc., REALTORS License #367979

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 3,936 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Library
  • Play Room
  • Storage Room
  • Laundry Room
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Powder Room
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Burglar Security System
  • Security Gate
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Pool

  • Heated In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Gas Water Heater

Additional Features

  • Patio
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 030002 00011

Community Details

Overview

  • Voluntary home owners association
  • Central Heights Subdivision

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,735

Year Built

Built in 2002

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: 216
  • Number Of Stories: 2
  • Price Per Sq Ft: 212.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3936
  • Termite Contract: Yes
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: Den/Great Room, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, Ventless Gas Fireplace, In Living Room, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Powder/Dressing Room, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Library/Study, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Patio, Historic District, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Dual System
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Landscaped, Professionally Landscaped, Wood Fenced
  • Lot Number: 11 &
  • Acreage: 0.25
  • Lot Size: 11200 SF 70 X 160
  • Price Per Acre: 3396000

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 030002 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jul 10, 2023
Sold by
Gillespie Philip and Gillespie Melinda
Bought by
Brooks Gary L
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Heath West
Crye-Leike, Inc., REALTORS
List Price
$989,000
Sold Price
$835,000
Premium/Discount to List
-$154,000
-15.57%
Views
93
Current Estimated Value
$833,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,261
Avg. Annual Appreciation
-0.07%
Original Mortgage
$626,250
Outstanding Balance
$612,539
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$221,200

Purchase Details

Listed on
Feb 18, 2018
Closed on
May 14, 2018
Sold by
Beaty Terry A
Bought by
Gillespie Philip and Gillespie Melinda
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Virginia Sharp
Ware Jones, REALTORS
List Price
$765,000
Sold Price
$732,500
Premium/Discount to List
-$32,500
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2014
Closed on
May 28, 2014
Sold by
Beazley Thomas A and Beazley Katherine P
Bought by
Beaty Terry A
Seller's Agent
Virginia Sharp
Ware Jones, REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$609,000
Sold Price
$599,000
Premium/Discount to List
-$10,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$479,200
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Tuli Malika
Bought by
Beazley Thomas A and Beazley Katherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2002
Sold by
Shepherd Construction Company Inc
Bought by
Tuli Malika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,800
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Brooks Gary L $835,000 Executive Title & Closing
Gillespie Philip $732,500 None Available
Beaty Terry A $599,000 Realty Title Germantown
Beazley Thomas A $570,000 None Available
Tuli Malika $498,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Gary L $626,250
Previous Owner Gillespie Philip $400,000
Previous Owner Beaty Terry A $479,200
Previous Owner Beazley Thomas A $375,000
Previous Owner Beazley Thomas A $417,000
Previous Owner Beazley Thomas A $417,000
Previous Owner Tuli Malika $427,000
Previous Owner Tuli Malika $382,600
Previous Owner Tuli Malika $398,800
Closed Tuli Malika $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $835,000 -1.6% $220 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $849,000 -5.6% $223 / Sq Ft
04/10/2023 04/10/23 Price Changed $899,000 -5.3% $237 / Sq Ft
03/24/2023 03/24/23 Price Changed $949,000 -4.0% $250 / Sq Ft
03/06/2023 03/06/23 For Sale $989,000 +35.0% $260 / Sq Ft
05/14/2018 05/14/18 Sold $732,500 -4.2% $183 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/18/2018 02/18/18 For Sale $765,000 +27.7% $191 / Sq Ft
05/28/2014 05/28/14 Sold $599,000 -1.6% $150 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $609,000 -- $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 $6,735 $208,750 $37,500 $171,250
2024 $6,735 $198,675 $35,450 $163,225
2023 $12,103 $198,675 $35,450 $163,225
2022 $12,103 $198,675 $35,450 $163,225
2021 $12,244 $198,675 $35,450 $163,225
2020 $10,351 $142,850 $35,450 $107,400
2019 $4,565 $142,850 $35,450 $107,400
2018 $4,565 $142,850 $35,450 $107,400
2017 $4,673 $142,850 $35,450 $107,400
2016 $5,488 $125,575 $0 $0
2014 $5,488 $125,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Martin

    Seller's Agent in 2023

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    50 in this area

    206 Total Sales

    Leigh Martin
    Section Image
  • Heath West

    Buyer's Agent in 2023

    Heath West

    Crye-Leike

    (901) 232-2882

    1 in this area

    43 Total Sales

    Heath West
    Section Image
  • Richard Travers

    Seller's Agent in 2018

    Richard Travers

    Crye-Leike

    (901) 218-3961

    5 in this area

    201 Total Sales

    Richard Travers
    Section Image
  • Virginia Sharp

    Buyer's Agent in 2018

    Virginia Sharp

    Ware Jones, REALTORS

    (901) 359-3601

    5 in this area

    60 Total Sales

    Virginia Sharp
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143203

Memphis Area Association of REALTORS®

APN: 03-0002-0-0011

Tennessee Shelby County Memphis 38104 Central Gardens

1581 Central Ave, Memphis, TN

This home is located at 1581 Central Ave, Memphis, TN 38104 since 06 March 2023 and is currently estimated at $833,739, approximately $208 per square foot. This property was built in 2002. 1581 Central Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Bellevue Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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