NOT LISTED FOR SALE

1829 Carr Ave Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $567,000 - $603,000

6 Beds
3 Baths
4,275 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $607,500 $142 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,671/month

20 Days on Market

Highlights

  • The property is located in a historic district
  • Central Heating and Cooling System
  • Property is Fully Fenced
  • Wood Flooring

About This Home

As of April 2024

Great opportunity. True historic masterpiece in the heart of Central Gardens/Midtown Memphis. Ideal location for short term rental, owner occupy or traditional long term rental w/proximity to Midtown hot sports, downtown, airport, medical district, UT Health Science Center, U of M, Rhodes & Southern College of Optometry. Triplex w/oversized duplex & garage apartment, hrdwd flrs, lrg rooms, open floor plan & lots of natural light. Each unit w/full size washer/dryer, recently painted, w/upgrades.

Last Agent to Sell the Property

Richard Travers

Crye-Leike, Inc., REALTORS License #234229 Listed on: 03/01/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Eric McEnerney

High Point Realty & Investment License #316634

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,771

Year Built

  • Built in 1916

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x150
  • Property is Fully Fenced

Home Design

  • Triplex
  • Brick Exterior Construction
  • Composition Roof
  • Stucco
  • Wood Composite

Interior Spaces

  • 4,275 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Garage
  • Garage Door Opener

Additional Features

  • The property is located in a historic district
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units
  • Harbert Pl Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, security deposit
  • Assessor Parcel Number 016046 00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,771

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 4275
  • Year Built: 1916
  • Construction: Brick/Veneer, Wood/Composition, Stucco
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Garage Door Opener

Exterior Features

  • Foundation: Conventional/Crawl Space, Partial Basement
  • Roof: Composition
  • Miscellaneous Exterior: Sidewalks, Fully Fenced, Historic District

Garage/Parking

  • Parking Facility: Concrete, Detached, Covered

Utilities

  • Hot Water: Public Water, Public Sewer
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 49 PT 50
  • Acreage: 0.27
  • Lot Size: 80X150

Rental Info

  • Tenant Pays: All Utilities, Security Deposit
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 016046 00016

Multi Family

  • Total Number Of Units: 3
  • Number2 Bedroom Units: 1
  • Number3 Bedroom Units: 1
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath, 3 BR - 1+ Baths, 4 or More Bedrooms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 7, 2024
Sold by
Hegedus Whitney O and Hegedus Steven M
Bought by
Frank Loretz Family Trust and Loretz
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Eric McEnerney
High Point Realty & Investment
List Price
$659,900
Sold Price
$607,500
Premium/Discount to List
-$52,400
-7.94%
Views
64
Current Estimated Value
$590,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,854
Avg. Annual Appreciation
-1.80%

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 1, 2020
Sold by
Carr Ave Investments Llc
Bought by
Hegedus Whitney and Hegedus Steven M
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$355,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 9, 2019
Sold by
Sweeney Teresa Ann
Bought by
Carr Ave Investements Llc
Seller's Agent
Stephanie Taylor
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$425,000
Sold Price
$426,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Original Mortgage
$352,750
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2015
Sold by
Hannock Melanee L
Bought by
Sweeney Teresa Ann and Melanee L Hannock Re Investments Service

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 27, 2012
Sold by
Grunwald Malinda C Dawson
Bought by
Hannock Melanee L
Seller's Agent
Paul Turner
Germantown Properties
Buyer's Agent
Paige Arnold
Crye-Leike, Inc., REALTORS
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$243,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1994
Bought by
Dawson Malinda C
Source: Public Records

Range of Values:

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Average Value
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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
Frank Loretz Family Trust $607,500 Delta Title Services
Hegedus Whitney $499,000 None Available
Carr Ave Investements Llc $426,000 None Available
Sweeney Teresa Ann -- None Available
Hannock Melanee L $325,000 Multiple
Dawson Malinda C $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hegedus Whitney $355,000
Previous Owner Carr Ave Investements Llc $352,750
Previous Owner Hannock Melanee L $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Sold $607,500 -7.9% $142 / Sq Ft
03/01/2024 03/01/24 For Sale $659,900 0.0% $154 / Sq Ft
07/11/2022 07/11/22 Rented $2,300 0.0% --
06/24/2022 06/24/22 Under Contract -- -- --
06/14/2022 06/14/22 For Rent $2,300 +9.5% --
03/10/2021 03/10/21 Rented $2,100 0.0% --
02/15/2021 02/15/21 Price Changed $2,100 -4.5% $1 / Sq Ft
12/31/2020 12/31/20 Price Changed $2,200 +10.0% $1 / Sq Ft
12/30/2020 12/30/20 For Rent $2,000 0.0% --
12/18/2020 12/18/20 Sold $499,000 0.0% $113 / Sq Ft View Prior Sale
11/19/2020 11/19/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $499,000 0.0% $113 / Sq Ft
02/12/2020 02/12/20 Rented $1,950 0.0% --
01/15/2020 01/15/20 Price Changed $1,950 -2.5% $1 / Sq Ft
12/18/2019 12/18/19 Price Changed $2,000 -7.0% $1 / Sq Ft
10/30/2019 10/30/19 For Rent $2,150 0.0% --
10/07/2019 10/07/19 Sold $426,000 +0.2% $103 / Sq Ft View Prior Sale
08/19/2019 08/19/19 For Sale $425,000 +30.8% $103 / Sq Ft
06/29/2012 06/29/12 Sold $325,000 -7.1% $74 / Sq Ft View Prior Sale
06/12/2012 06/12/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $349,900 -- $80 / 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 $6,771 $256,400 $45,040 $211,360
2024 $6,771 $199,720 $37,920 $161,800
2023 $12,166 $199,720 $37,920 $161,800
2022 $12,166 $199,720 $37,920 $161,800
2021 $6,890 $199,720 $37,920 $161,800
2020 $9,834 $135,720 $37,920 $97,800
2019 $4,338 $135,720 $37,920 $97,800
2018 $4,338 $135,720 $37,920 $97,800
2017 $4,440 $135,720 $37,920 $97,800
2016 $6,048 $138,400 $0 $0
2014 $6,048 $138,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Travers

    Seller's Agent in 2024

    Richard Travers

    Crye-Leike

    (901) 218-3961

    5 in this area

    198 Total Sales

    Richard Travers
    Section Image

  • E

    Buyer's Agent in 2024

    Eric McEnerney

    High Point Realty & Investment

    (615) 545-3842

    2 in this area

    5 Total Sales

    Eric McEnerney
    Section Image

  • K

    Seller's Agent in 2022

    Kim Love

    Crye-Leike

    (901) 598-0673

    Kim Love
    Section Image

  • C

    Buyer's Agent in 2021

    Craig Knox

    Crye-Leike

    (901) 758-5678

    Craig Knox
    Section Image
  • Linda Sowell

    Seller's Agent in 2020

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    19 in this area

    206 Total Sales

    Linda Sowell
    Section Image
  • Stephanie Taylor

    Seller's Agent in 2019

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    7 in this area

    147 Total Sales

    Stephanie Taylor
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10166907

Memphis Area Association of REALTORS®

APN: 01-6046-0-0016

Tennessee Shelby County Memphis 38104 Central Gardens

1829 Carr Ave, Memphis, TN

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