NOT LISTED FOR SALE

1615 Central Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $613,147 - $779,000

4 Beds
3.5 Baths
4,500-4,999 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $530,000 $106 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,114/month

33 Days on Market

Highlights

  • Greenhouse
  • Gated Parking
  • Colonial Architecture
  • The property is located in a historic district
  • 0.45 Acre Lot
  • Living Room with Fireplace

About This Home

As of March 2021

For the lover of historic homes, late owner did a masterful restoration. The character is preserved. The finishes are extraordinary, including oak floors, redone plaster walls and ceilings, period chandeliers, and architectural details. High-efficiency HVAC system for economical comfort all year long. 4 bedrooms / 3 baths on 2nd floor, plus large center hall and office/sitting alcove. Huge bonus room on 3rd floor. Two-car garage + greenhouse. Excellent condition and heirs request 'as is' sale.

Last Agent to Sell the Property

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 01/06/2021

Last Buyer's Agent

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 01/06/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x197
  • Wrought Iron Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,559 Sq Ft Home
  • 2.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Storage Room
  • Attic Access Panel

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Monitored
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Outdoor Features

  • Greenhouse
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Riebeek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030005 00019

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0.45 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Colonial
  • Detached Unit Type: General Residential
  • Cross Street: Roland
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 124
  • Number Of Stories: 2.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4559
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Breakfast Room
  • Second Story Floor Plan: Master Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Master Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Pantry
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 16x14
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Walk-In Attic, Mud Room, Powder/Dressing Room, Cat/Dog Free House, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 2
  • Other Rooms: Bonus Room, Office/Sewing Room, Unfinished Basement, Entry Hall, Loft/Balcony, Attic

Exterior Features

  • Misc Exterior: Porch, Greenhouse, Historic District, Well Landscaped Grounds, Sidewalks, Iron Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s)
  • Foundation: Conventional, Partial Basement, Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Circular Drive, Storage Room(s), Garage Door Opener(s), Side-Load Garage, Gated Parking

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Iron Fenced
  • Lot Number: W 100 2
  • Acreage: 0.45
  • Lot Size: 100X197

Tax Info

  • Assessor Parcel Number: 030005 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 5, 2021
Sold by
Riebeek Hall Llc
Bought by
Bordson Bozzo David and Fleischauer Camille
Seller's Agent
David Tester
Marx-Bensdorf, REALTORS
Buyer's Agent
David Tester
Marx-Bensdorf, REALTORS
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%
Current Estimated Value
$716,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,037
Avg. Annual Appreciation
6.19%
Original Mortgage
$424,000
Outstanding Balance
$378,355
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$337,682

Purchase Details

Closed on
Dec 29, 2011
Sold by
Teague Ben J
Bought by
Riebeek Hall B & B Llc

Purchase Details

Closed on
Jul 14, 2010
Sold by
James Erich W and James Allyson L
Bought by
Teague Ben J

Purchase Details

Closed on
Nov 10, 2005
Sold by
Freeman Arthur M
Bought by
James Erich W and James Allyson L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2005
Sold by
Freeman Linda P
Bought by
Freeman Arthur M

Purchase Details

Closed on
Jan 6, 2004
Sold by
Wood Mary M
Bought by
Freeman Arthur M and Freeman Linda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2000
Sold by
Wood Malcolm B
Bought by
Wood Mary M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bordson Bozzo David $530,000 None Available
Riebeek Hall B & B Llc -- None Available
Teague Ben J $560,000 None Available
James Erich W $575,000 --
Freeman Arthur M -- --
Freeman Arthur M $555,000 --
Wood Mary M -- --
Wood Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordson Bozzo David $424,000
Previous Owner James Erich W $460,000
Previous Owner Freeman Arthur M $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $530,000 -6.2% $118 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $565,000 -- $126 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $5,153 $197,650 $37,900 $159,750
2024 $5,153 $152,000 $36,000 $116,000
2023 $9,259 $152,000 $36,000 $116,000
2022 $9,259 $152,000 $36,000 $116,000
2021 $5,244 $173,550 $36,000 $137,550
2020 $10,190 $140,625 $36,000 $104,625
2019 $4,494 $140,625 $36,000 $104,625
2018 $4,494 $140,625 $36,000 $104,625
2017 $4,601 $140,625 $36,000 $104,625
2016 $5,591 $127,950 $0 $0
2014 $5,591 $127,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Tester

    Seller's Agent in 2021

    David Tester

    Marx-Bensdorf, REALTORS

    (901) 351-3439

    3 in this area

    127 Total Sales

    David Tester
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091287

Memphis Area Association of REALTORS®

APN: 03-0005-0-0019

Tennessee Shelby County Memphis 38104 Central Gardens

1615 Central Ave, Memphis, TN

Not Listed for Sale

Detached

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