NOT LISTED FOR SALE

1876 Central Ave Memphis, TN 38104

Cooper-Young Neighborhood

Estimated Value: $757,000 - $1,130,963

4 Beds
3.5 Baths
5,000-5,499 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $535,000 $97 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,384/month

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Deck
  • The property is located in a historic district
  • 1 Acre Lot
  • Living Room with Fireplace

About This Home

As of November 2019

Over 2 years have been spent lovingly restoring and tastefully updating the historic Roynon family estate in Central Gardens. Built circa 1870, it is believed to be one of the very first bungalow-style homes in America. The house sits on ONE FULL ACRE and features beautiful hardwood throughout the living spaces, updated kitchen and baths, commercial cooking, and large gunite pool. See attached plat for layout of adjoining lots. HOUSE DESIGNS FOR LOTS 9 AND 11 ARE ALSO ATTACHED. Owner/agent.

Last Agent to Sell the Property

David Rose

Aubrey Smith, REALTORS License #278783 Listed on: 05/16/2019

Last Buyer's Agent

Bryan Ratcliff

KAIZEN Realty, LLC License #295349

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,594

Year Built

  • Built in 1870

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 208.75x471
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,040 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Casement Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room with Fireplace
  • Play Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Partial Basement
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • The property is located in a historic district

Community Details

  • Roynon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030014 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,594

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Barksdale
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Handicap Design: Wide Doors
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 114
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5040
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Rear Stairs to Playroom, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room, Play Room, Bonus Room, Unfinished Basement, Storage Room
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio, Deck, Historic District, Wooded Grounds, Wood Fence, Chain Fence
  • Exterior Windows: Wood/Composition, Wood Window(s), Double Pane Window(s), Casement Window(s)
  • Foundation: Conventional, Partial Basement
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Iron Door(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 10
  • Acreage: 1
  • Keeping Hearth Dimension: 10x20
  • Lot Size: 208.75X471

Tax Info

  • Assessor Parcel Number: 030014 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Nov 21, 2019
Sold by
Rose David and Rose Suzanne
Bought by
Sobral Peter T and Sobral Nicole O
Seller's Agent
David Rose
Aubrey Smith, REALTORS
Buyer's Agent
Bryan Ratcliff
KAIZEN Realty, LLC
List Price
$699,900
Sold Price
$535,000
Premium/Discount to List
-$164,900
-23.56%
Current Estimated Value
$934,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,991
Avg. Annual Appreciation
9.79%
Original Mortgage
$428,000
Outstanding Balance
$375,775
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$559,216

Purchase Details

Closed on
May 31, 2017
Sold by
Caldwell Kathleen L
Bought by
Rose David and Rose Suzanne

Purchase Details

Closed on
May 24, 2017
Sold by
Caldwell Kathleen L
Bought by
Rose David and Rose Suzanne

Purchase Details

Closed on
Aug 17, 1995
Bought by
Raines Richard B
Source: Public Records

Range of Values:

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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
Sobral Peter T $535,000 None Available
Rose David -- None Available
Rose David $5,626,501 None Available
Raines Richard B $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobral Peter T $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $535,000 -6.9% $107 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
09/20/2019 09/20/19 Price Changed $574,900 +4.5% $115 / Sq Ft
09/11/2019 09/11/19 Price Changed $549,900 -8.3% $110 / Sq Ft
08/23/2019 08/23/19 Price Changed $599,900 -2.0% $120 / Sq Ft
08/14/2019 08/14/19 Price Changed $612,000 -2.1% $122 / Sq Ft
08/06/2019 08/06/19 Price Changed $624,900 -1.7% $125 / Sq Ft
07/27/2019 07/27/19 Price Changed $635,900 -2.2% $127 / Sq Ft
07/16/2019 07/16/19 Price Changed $649,900 -3.7% $130 / Sq Ft
07/02/2019 07/02/19 Price Changed $675,000 -3.6% $135 / Sq Ft
05/16/2019 05/16/19 For Sale $699,900 -- $140 / 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 $5,594 $272,875 $68,100 $204,775
2024 $5,594 $165,000 $74,200 $90,800
2023 $10,051 $165,000 $74,200 $90,800
2022 $10,051 $165,000 $74,200 $90,800
2021 $13,847 $191,250 $74,200 $117,050
2020 $9,952 $137,350 $74,200 $63,150
2019 $10,918 $150,800 $74,200 $76,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Rose

    Aubrey Smith, REALTORS

    (901) 878-9020

    15 Total Sales

    David Rose
    Section Image

  • B

    Buyer's Agent in 2019

    Bryan Ratcliff

    KAIZEN Realty, LLC

    (901) 491-3944

    28 Total Sales

    Bryan Ratcliff
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052740

Memphis Area Association of REALTORS®

APN: 03-0014-0-0032

Tennessee Shelby County Memphis 38104 Cooper-Young

1876 Central Ave, Memphis, TN

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