NOT LISTED FOR SALE

1973 Central Ave Memphis, TN 38104

Cooper-Young Neighborhood

Estimated Value: $323,000 - $430,000

3 Beds
2 Baths
3,063 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $285,000 $93 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,262/month

Highlights

  • Wood Flooring
  • Corner Lot
  • 1 Car Detached Garage
  • 2 Fireplaces
  • Some Wood Windows
  • 4-minute walk to Peabody Park & Raymond Skinner Center

About This Home

As of November 2018

This 3000 sq ft duplex is is a gem in this charming area of town! New roof, fresh paint, refinished hardwood floors throughout, generous room sizes, new stainless steel appliances, renovated bathrooms in 2000 sq ft East unit and renovated kitchen in 1000 sq ft West unit. Lots of character and light!The backyard is a retreat with extended patio and free-standing firepit! Close to great restaurants & shopping. Live in one unit and rent the other, what a deal! Home warranty in place! Sold "AS IS"

Last Agent to Sell the Property

Alie Jones

Coldwell Banker Collins-Maury License #338856 Listed on: 10/21/2018

Coldwell Banker Collins-Maury

Last Buyer's Agent

Leigh Martin

Hobson, REALTORS License #277409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1923

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 44 x 150
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • Bungalow
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,063 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Some Wood Windows
  • Storage Room
  • Partial Basement
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030018 00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,430

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Bungalow
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • List Price Per Sq Ft: 93
  • Number Of Stories: 2
  • Price Per Sq Ft: 93.05
  • Estimated Sq Ft: 3063
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor, 9 or more Ft. Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher, Microwave, Fireplace(s)
  • Estimated Entire Duplex Sq Ft: 3000-3199
  • Miscellaneous Interior: Pull Down Attic Stairs, Attic Access

Exterior Features

  • Misc Exterior: Porch, Patio, Storage Building, Separate Meters
  • Exterior Windows: Brick Veneer, Wood/Composition, Vinyl Siding, Storm Door(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: 2+ Window Units per Unit
  • Heating: Gas
  • Hot Water: Electric, House System

Lot Info

  • Lot Description: Some Trees, Level, Corner, Wood Fenced
  • Lot Number: 19
  • Acreage: 0.15
  • Lot Size: 44 X 150
  • Price Per Acre: 1900000

Tax Info

  • Assessor Parcel Number: 030018 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2018
Closed on
Nov 29, 2018
Sold by
Stewart Mark and Stewart Marcia
Bought by
Schmidt Jonathan D and Schmidt Julianna
Seller's Agent
Alie Jones
Coldwell Banker Collins-Maury
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$386,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,571
Avg. Annual Appreciation
3.75%
Original Mortgage
$242,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2006
Sold by
Razzouk William J
Bought by
Stewart Mark and Stewart Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2002
Sold by
Travis James M and Travis Jana C
Bought by
Razzouk William J and Razzouk Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.85%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Matt Mabry and Matt Rosa
Bought by
Travis James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
9.25%
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
Schmidt Jonathan D $285,000 Memphis Title Co
Stewart Mark $222,000 None Available
Razzouk William J $193,000 --
Travis James M $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jonathan D $241,000
Closed Schmidt Jonathan D $242,000
Closed Schmidt Jonathan D $242,000
Previous Owner Stewart Mark $199,800
Previous Owner Razzouk William J $134,000
Previous Owner Razzouk William J $154,400
Previous Owner Travis James M $127,900
Closed Travis James M $31,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $285,000 0.0% $93 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/21/2018 10/21/18 For Sale $285,000 -- $93 / 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 $2,430 $101,775 $21,775 $80,000
2024 $2,430 $71,675 $12,325 $59,350
2023 $4,366 $71,675 $12,325 $59,350
2022 $4,366 $71,675 $12,325 $59,350
2021 $4,417 $71,675 $12,325 $59,350
2020 $3,947 $54,475 $12,325 $42,150
2019 $1,741 $54,475 $12,325 $42,150
2018 $1,741 $54,475 $12,325 $42,150
2017 $1,782 $54,475 $12,325 $42,150
2016 $2,027 $46,375 $0 $0
2014 $2,027 $46,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alie Jones

    Seller's Agent in 2018

    Alie Jones

    Coldwell Banker Collins-Maury

    (901) 550-5235

    41 Total Sales

    Alie Jones
    Section Image
  • Leigh Martin

    Buyer's Agent in 2018

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    22 in this area

    208 Total Sales

    Leigh Martin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10039134

Memphis Area Association of REALTORS®

APN: 03-0018-0-0006

Tennessee Shelby County Memphis 38104 Cooper-Young

1973 Central Ave, Memphis, TN

This home is located at 1973 Central Ave, Memphis, TN 38104 since 21 October 2018 and is currently estimated at $386,571, approximately $126 per square foot. This property was built in 1923. 1973 Central Ave is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

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