NOT LISTED FOR SALE

1616 Eastmoreland Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $359,000 - $420,000

3 Beds
2.5 Baths
2,200-2,399 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 23, 2017

Last sale price $245,000 $102 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,317/month

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Deck
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of March 2017

Freshly painted downstairs! Great four square in Central Gardens. Updated Kitchen with Granite/tile backsplash! Updated 2 1/2 Baths! Pizza Oven in Back plus a Wine Cellar in Basement! Set up as a 2 bedroom but could easily be converted back to a 3. Firepl in Master & Updated Master Bath w/ Walk in Closet. Sep Tub/Shower. Beautiful front porch/yard. 2 Car Detached Garage w/ workshop, Large Deck / Fenced Yard. Great House! Fast Close.

Last Agent to Sell the Property

Donna Northcutt

Crye-Leike, Inc., REALTORS License #272805 Listed on: 07/25/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1907

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,342 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Partial Basement
  • Storm Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Fan
  • Attic Access Panel
  • Permanent Attic Stairs

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Union Terr Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016037 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Rozelle
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 117
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2342
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Fireplace: Masonry, In Primary Bedroom, In Other Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Attic Access
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Closet, Attic
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Deck, Historic District, Wood Fence, Chain Fence, Sidewalks
  • Exterior Windows: Wood/Composition, Stone, Wood Window(s), Storm Door(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s), Attic Fan, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 18andPT19
  • Acreage: 0.21
  • Lot Size: 65 X 139/138

Tax Info

  • Assessor Parcel Number: 016037 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 21, 2017
Sold by
Lvy Jerry
Bought by
Flack William W and Jones Cynthia D
Seller's Agent
Donna Northcutt
Crye-Leike, Inc., REALTORS
Buyer's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
List Price
$329,000
Sold Price
$245,000
Premium/Discount to List
-$84,000
-25.53%
Current Estimated Value
$389,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,544
Avg. Annual Appreciation
5.54%
Original Mortgage
$220,500
Outstanding Balance
$182,850
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$206,694

Purchase Details

Closed on
Jul 5, 2016
Sold by
Soens J Barstow
Bought by
Ivy Jerry L and Jerry Ivy Separate Property Revocable Tr

Purchase Details

Closed on
Feb 22, 2008
Sold by
Thompson Rose H
Bought by
Soens J Barstow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,120
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2001
Sold by
Everett William M
Bought by
Cohen Rose H

Purchase Details

Closed on
Dec 7, 1998
Sold by
Podesta Joseph A and Podesta Ruth A
Bought by
Everett William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,135
Interest Rate
6.84%
Mortgage Type
FHA
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
Flack William W $245,000 Realty Title
Ivy Jerry L $260,000 Realty Title
Soens J Barstow $308,900 None Available
Cohen Rose H $210,000 --
Everett William M $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flack William W $220,500
Previous Owner Soens J Barstow $247,120
Previous Owner Everett William M $131,135
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $245,000 -25.5% $111 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
07/25/2016 07/25/16 For Sale $329,000 -- $150 / 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 $3,213 $98,875 $24,200 $74,675
2024 $3,213 $94,775 $17,275 $77,500
2023 $5,773 $94,775 $17,275 $77,500
2022 $5,773 $94,775 $17,275 $77,500
2021 $5,841 $94,775 $17,275 $77,500
2020 $4,817 $66,475 $17,275 $49,200
2019 $4,817 $66,475 $17,275 $49,200
2018 $4,817 $66,475 $17,275 $49,200
2017 $2,732 $66,475 $17,275 $49,200
2016 $2,975 $68,075 $0 $0
2014 $2,975 $68,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donna Northcutt

    Crye-Leike

    Section Image
  • Melissa Wilbanks

    Buyer's Agent in 2017

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    94 Total Sales

    Melissa Wilbanks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982730

Memphis Area Association of REALTORS®

APN: 01-6037-0-0011

Tennessee Shelby County Memphis 38104 Central Gardens

1616 Eastmoreland Ave, Memphis, TN

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