NOT LISTED FOR SALE

1586 Galloway Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $241,398 - $333,000

1 Bed
1 Bath
1,940 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $280,000 $144 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,671/month

42 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bungalow
  • Some Wood Windows
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of December 2023

Location, location, location! Charming duplex within walking distance to the Crosstown Concourse and to the Memphis Zoo! Fresh paint on the vacant side and refrigerator is brand new! Owner has always made sure regular maintenance is addressed. Central heat & air & hardwood floors. Units can either be 1 or 2 bedrooms. This one is a must see!

Last Agent to Sell the Property

Lynn da Ponte Baack

Sowell, Realtors License #305581 Listed on: 10/19/2023

Last Buyer's Agent

Stephanie Taylor

Sowell, Realtors License #295151

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x135
  • Chain Link Fence

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Partial Basement
  • Termite Clearance

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Wood
  • Vinyl

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • Woodland Subdivision

Listing and Financial Details

  • Tenant pays for electric, gas, heating, some utilities, trash collection
  • Assessor Parcel Number 020041 00017

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Bungalow
  • Second Address Number: 1588
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • Historic District: Evergreen HC District
  • Number Of Stories: 1
  • Price Per Sq Ft: 144.33
  • Estimated Sq Ft: 1940
  • Termite Contract: Yes
  • Year Built: 1927
  • List Price/ Sq Ft: 155
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 1800-1999
  • Miscellaneous Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling, Individual Cooling
  • Heating: Central, Individual Heat
  • Hot Water: Gas, House System

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 4
  • Acreage: 0.17
  • Lot Size: 55X135
  • Price Per Acre: 1764118

Rental Info

  • Tenants Pay: Electric, Gas, Heating, Some Utilities, Trash Collection

Tax Info

  • Assessor Parcel Number: 020041 00017

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 14, 2023
Sold by
Watson Leslie
Bought by
Lane Taylor
Seller's Agent
Lynn da Ponte Baack
Sowell, Realtors
Buyer's Agent
Stephanie Taylor
Sowell, Realtors
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Views
77
Current Estimated Value
$277,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,183
Avg. Annual Appreciation
-2.02%

Purchase Details

Closed on
Aug 10, 1995
Bought by
Coke Olive C And Doro
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
Lane Taylor $280,000 Realty Title & Escrow
Coke Olive C And Doro $66,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $280,000 -6.6% $144 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $299,900 -- $155 / 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 -- $115,440 $24,560 $90,880
2024 $2,364 $69,720 $16,800 $52,920
2023 $4,247 $69,720 $16,800 $52,920
2022 $4,247 $69,720 $16,800 $52,920
2021 $4,297 $69,720 $16,800 $52,920
2020 $4,055 $55,960 $16,800 $39,160
2019 $4,055 $55,960 $16,800 $39,160
2018 $4,470 $66,200 $16,800 $49,400
2017 $2,721 $66,200 $16,800 $49,400
2016 $2,131 $48,760 $0 $0
2014 $2,131 $48,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn da Ponte Baack

    Seller's Agent in 2023

    Lynn da Ponte Baack

    Sowell, Realtors

    (901) 282-7532

    6 in this area

    76 Total Sales

    Section Image
  • Stephanie Taylor

    Buyer's Agent in 2023

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    14 in this area

    148 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159133

Memphis Area Association of REALTORS®

APN: 02-0041-0-0017

Tennessee Shelby County Memphis 38112 Midtown Memphis

1586 Galloway Ave, Memphis, TN

This home is located at 1586 Galloway Ave, Memphis, TN 38112 since 19 October 2023 and is currently estimated at $273,350, approximately $140 per square foot. This property was built in 1927. 1586 Galloway Ave is a home located in Shelby County with nearby schools including Snowden School, Central High School, and Perea Elementary School.

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