NOT LISTED FOR SALE

1601 Central Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $781,838 - $864,000

4 Beds
4 Baths
4,546 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 1601 Central Ave, Memphis, TN 38104 and is currently estimated at $824,460, approximately $181 per square foot. 1601 Central Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Bellevue Middle School, and Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Pettit Jim A and Pettit Nancy K
Bought by
The Pettit Joint Revocable Living Trust
Current Estimated Value
$824,460

Purchase Details

Closed on
Sep 2, 2004
Sold by
Frazier John A
Bought by
Pettit Jim A and Pettit Nancy K

Purchase Details

Closed on
Dec 30, 2003
Sold by
Caskey Anne Marie and Day William B
Bought by
Frazier John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2002
Sold by
Shepherd Construction Company Inc
Bought by
Caskey Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
The Pettit Joint Revocable Living Trust -- None Available
Pettit Jim A $630,000 --
Frazier John A $115,000 --
Caskey Anne Marie $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frazier John A $400,000
Previous Owner Caskey Anne Marie $110,000
Source: Public Records

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 $5,515 $206,250 $37,500 $168,750
2024 $5,515 $162,675 $35,450 $127,225
2023 $9,910 $162,675 $35,450 $127,225
2022 $9,910 $162,675 $35,450 $127,225
2021 $10,026 $162,675 $35,450 $127,225
2020 $10,675 $147,325 $35,450 $111,875
2019 $4,708 $147,325 $35,450 $111,875
2018 $4,708 $147,325 $35,450 $111,875
2017 $4,820 $147,325 $35,450 $111,875
2016 $5,536 $126,675 $0 $0
2014 $5,536 $126,675 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38104 Central Gardens

1601 Central Ave, Memphis, TN

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