NOT LISTED FOR SALE

197 Lemaster St Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $324,000 - $385,000

4 Beds
2 Baths
2,400-2,599 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2014

Last sale price $200,000 $77 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,147 / mo

31 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Main Floor Primary Bedroom
  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of July 2014

Midtown Bungalow, Renovated and Move in Ready. 4 bedrooms, 2 full baths with a bonus room upstairs, tons of charm & character with great wood trim ,beamed ceiling in the living room, hardwood floors, built in bench seating...great deck for entertaining and owners are leaving the firepit for the newcomers! This is a good one and won't sit long. A must see on a great block!

Last Agent to Sell the Property

Michelle Koeppen

Ware Jones, REALTORS License #323748 Listed on: 05/14/2014

Ware Jones, REALTORS

Last Buyer's Agent

Benolyn Craig

CB Properties of Memphis, LLC License #320646

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,425 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Partial Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • Graves Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016041 00007

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 86
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2425
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, Decorative Only
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • P R I M A R Y B E D R O O M: Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck, Historic District
  • Exterior Windows: Wood/Composition, Storm Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 33and38
  • Acreage: 0.16
  • Lot Size: 57.5/42.5X144

Tax Info

  • Assessor Parcel Number: 016041 00007

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 11, 2014
Sold by
Bought by
Seller's Agent
Michelle Koeppen
Ware Jones, REALTORS
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%
Current Estimated Value
$356,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,865
Avg. Annual Appreciation
4.91%
Original Mortgage
$160,000
Outstanding Balance
$118,669
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$238,196

Purchase Details

Closed on
Sep 25, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,666
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,720
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,803
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Gardens, TN

  • Kim Golden Real Estate Agent - Mint Realty Group

    Kim Golden

    Mint Realty Group

    (901) 267-0906

    69 Total Sales

    1 in Central Gardens

    $320,000 Price

    Kim Golden
     Section Image
  • Thomas Henze Real Estate Agent - Hobson, REALTORS

    Thomas Henze

    Hobson, REALTORS

    (901) 519-3199

    43 Total Sales

    2 in Central Gardens

    $300K - $385K Price Range

    Thomas Henze
     Section Image
  • Dylan Johnson Real Estate Agent - 901, REALTORS

    Dylan Johnson

    901, REALTORS

    (209) 618-2818

    110 Total Sales

    1 in Central Gardens

    $225,000 Price

    Dylan Johnson
     Section Image
  • Patrecia Goldstein Real Estate Agent - Crye-Leike, Inc., REALTORS

    Patrecia Goldstein

    Crye-Leike, Inc., REALTORS

    (901) 979-2143

    74 Total Sales

    1 in Central Gardens

    $615,000 Price

    Patrecia Goldstein
     Section Image
  • Leigh Martin Real Estate Agent - Hobson, REALTORS

    Leigh Martin

    Hobson, REALTORS

    (901) 479-0616

    191 Total Sales

    49 in Central Gardens

    $225K - $1.3M Price Range

    Leigh Martin
     Section Image
  • Amanda Lester Real Estate Agent - NextHome Cornerstone Realty

    Amanda Lester

    NextHome Cornerstone Realty

    (901) 763-8976

    38 Total Sales

    3 in Central Gardens

    $231K - $530K Price Range

    Amanda Lester
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 None Available
$180,900 Regency Title & Escrow
$200,000 None Available
$180,900 --
$79,900 --
$89,148 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $160,000
Previous Owner $177,666
Previous Owner $200,000
Previous Owner $144,720
Previous Owner $54,803
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $200,000 -4.3% $83 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $209,000 -- $87 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,224 $82,675 $21,925 $60,750
2024 $2,740 $80,825 $13,450 $67,375
2023 $4,924 $80,825 $13,450 $67,375
2022 $4,924 $80,825 $13,450 $67,375
2021 $4,981 $80,825 $13,450 $67,375
2020 $3,511 $48,450 $13,450 $35,000
2019 $3,511 $48,450 $13,450 $35,000
2018 $3,511 $48,450 $13,450 $35,000
2017 $1,991 $48,450 $13,450 $35,000
2016 $1,806 $41,325 $0 $0
2014 $1,806 $41,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Koeppen Real Estate Agent - Ware Jones, REALTORS

    Seller's Agent in 2014

    Michelle Koeppen

    Ware Jones, REALTORS

    (901) 650-6053

    10 in this area

    61 Total Sales

    Michelle Koeppen
    Section Image

  • B

    Buyer's Agent in 2014

    Benolyn Craig

    CB Properties of Memphis, LLC

    (901) 240-8111

    2 Total Sales

    Benolyn Craig
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9926668

Memphis Area Association of REALTORS®

APN: 01-6041-0-0007

Tennessee Shelby County Memphis 38104 Central Gardens

197 Lemaster St, Memphis, TN

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