NOT LISTED FOR SALE

1616 Peabody Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $506,000 - $634,000

4 Beds
5 Baths
3,080 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 1616 Peabody Ave, Memphis, TN 38104 and is currently estimated at $568,126, approximately $184 per square foot. 1616 Peabody Ave is a home located in Shelby County with nearby schools including Idlewild Elementary School, Bellevue Middle School, and Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Mayer Lyle T
Bought by
Margello Nicholas and Margello Suzanne Ray
Current Estimated Value
$568,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Outstanding Balance
$311,185
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$256,941

Purchase Details

Closed on
Apr 5, 1994
Sold by
Mayer Sandy W
Bought by
Mayer Lyle T
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Margello Nicholas $445,000 Realty Title
Mayer Lyle T -- Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margello Nicholas $356,000
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 $4,453 $139,250 $29,800 $109,450
2024 $4,453 $131,350 $25,800 $105,550
2023 $8,001 $131,350 $25,800 $105,550
2022 $8,001 $131,350 $25,800 $105,550
2021 $8,095 $131,350 $25,800 $105,550
2020 $8,179 $112,875 $25,800 $87,075
2019 $8,179 $112,875 $25,800 $87,075
2018 $8,179 $112,875 $25,800 $87,075
2017 $4,639 $112,875 $25,800 $87,075
2016 $4,543 $103,950 $0 $0
2014 $4,543 $103,950 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38104 Central Gardens

1616 Peabody Ave, Memphis, TN

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