NOT LISTED FOR SALE

1605 Peabody Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $602,000 - $779,000

5 Beds
3 Baths
3,828 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $575,000 $150 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,154/month

25 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Home Office
  • Traditional Architecture
  • High Ceiling
  • 1 Car Attached Garage

About This Home

As of March 2021

Come and check out this stunning 3800 sqft home located in the heart of Midtown. Beautiful hardwood floors throughout! Original stained glass windows, and natural light in every room. This home feels spacious and clean with all the charm of a historic district home. Updated kitchen complete with beveled tile backsplash and stainless steel appliances. Two bedrooms down and huge bonus room/play room located on the 3rd floor. New roof!! See this rare Central Gardens home for yourself.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,174

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x136

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 3,828 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Wood Flooring
  • Partial Basement
  • Attic Fan
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Patio

Community Details

  • Property has a Home Owners Association
  • Bonny Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016032 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,174

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1915
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Oven
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Has Basement: Partial, Other
  • Building Area Units: Square Feet
  • Living Area: 3828
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Front, Parking Pad, On Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Attic Fan
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No

Green Features

  • Efficiency: Doors

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 55X136
  • Lot Size Units: Acres
  • Parcel #: 016032 00007
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 8, 2021
Sold by
Glenn Martin
Bought by
Weiss Robert and Weiss Kimberly
List Price
$609,900
Sold Price
$575,000
Premium/Discount to List
-$34,900
-5.72%
Current Estimated Value
$654,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,165
Avg. Annual Appreciation
2.86%
Original Mortgage
$490,366
Outstanding Balance
$442,741
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$211,424

Purchase Details

Listed on
Sep 16, 2019
Closed on
Mar 6, 2020
Sold by
Marvi S S Gardens Llc
Bought by
Glenn Martin
Seller's Agent
Angela Kendall
Brandywine Homes USA, LLC
Buyer's Agent
Angela Kendall
Brandywine Homes USA, LLC
List Price
$525,000
Sold Price
$410,000
Premium/Discount to List
-$115,000
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.17%
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 16, 2019
Closed on
Feb 26, 2020
Sold by
Brantley Reginald K and Brantley Deborah A
Bought by
Marvin Gardens Llc
Seller's Agent
Angela Kendall
Brandywine Homes USA, LLC
Buyer's Agent
Angela Kendall
Brandywine Homes USA, LLC
List Price
$525,000
Sold Price
$410,000
Premium/Discount to List
-$115,000
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 1998
Sold by
Va
Bought by
Brantley Reginald K and Brantley Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 1997
Sold by
Norwest Mtg Inc
Bought by
Va

Purchase Details

Closed on
May 1, 1997
Sold by
Fishman Randall J
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Mar 24, 1995
Bought by
Gnandt John J and Gnandt L
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weiss Robert $575,000 Home Surety Title & Escrow
Glenn Martin $410,000 Saddle Creek Title Llc
Marvin Gardens Llc $315,000 Memphis Title Company
Brantley Reginald K $187,000 --
Va -- --
Norwest Mtg Inc $159,951 --
Gnandt John J $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Robert $490,366
Previous Owner Glenn Martin $375,000
Previous Owner Brantley Reginald K $186,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $575,000 -5.7% $150 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $609,900 +48.8% $159 / Sq Ft
03/06/2020 03/06/20 Sold $410,000 -6.8% $114 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Price Changed $440,000 -7.4% $122 / Sq Ft
09/27/2019 09/27/19 Price Changed $475,000 -9.5% $132 / Sq Ft
09/16/2019 09/16/19 For Sale $525,000 -- $146 / Sq Ft
Source: Realtracs

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 -- $168,725 $20,150 $148,575
2024 -- $140,450 $16,250 $124,200
2023 $8,556 $140,450 $16,250 $124,200
2022 $8,556 $140,450 $16,250 $124,200
2021 $3,810 $140,450 $16,250 $124,200
2020 $8,175 $112,825 $16,250 $96,575
2019 $3,606 $112,825 $16,250 $96,575
2018 $3,555 $111,225 $16,250 $94,975
2017 $3,639 $111,225 $16,250 $94,975
2016 $4,513 $103,275 $0 $0
2014 $4,513 $103,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Angela Kendall

    Brandywine Homes USA, LLC

    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 3024441

Realtracs

APN: 01-6032-0-0007

Tennessee Shelby County Memphis 38104 Central Gardens

1605 Peabody Ave, Memphis, TN

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.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes