NOT LISTED FOR SALE

Estimated Value: $293,837 - $347,000

3 Beds
2 Baths
2,400-2,599 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $242,500 $93 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,839/month

Highlights

  • Wood Flooring
  • Bonus Room
  • Eat-In Kitchen
  • Attic
  • Home Office
  • Double Pane Windows

About This Home

As of May 2020

Welcome to this spacious 3br/2ba Central Gardens Home with an office and a bonus room(could be used as a 4th bedroom). The layout offers the new home owners ample of options to enjoy their new home. The deck leads into a large backyard is perfect for entertainin. Situated in Central Gardens close to the medical district. For Investors: It has the potential to rent for $2200 with a 6% Cap Rate. **virtually staged photos available upon request.**

Last Agent to Sell the Property

Fara Captain

Zeitlin Sotheby's Internation License #327698 Listed on: 11/23/2019

Zeitlin Sotheby's Internation

Last Buyer's Agent

Gary Kellum

Groome & Co. License #344017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 55 x 150
  • Few Trees

Parking

  • Parking Garage Space

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,450 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Play Room
  • Wood Flooring
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Voluntary home owners association
  • Meacham Re Sub Blk 15 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016019 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,069

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • Cross Street: Eastmoreland
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 102
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2450
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, Play Room/Rec Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, W/D Connection in Kitchen
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Septic Tank

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 2andS PT1
  • Acreage: 0.18
  • Lot Size: 55 X 150

Tax Info

  • Assessor Parcel Number: 016019 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2019
Closed on
May 22, 2020
Sold by
Naylor Derek J
Bought by
Madison Amber Nicole
Seller's Agent
Fara Captain
Zeitlin Sotheby's Internation
Buyer's Agent
Gary Kellum
Groome & Co.
List Price
$310,000
Sold Price
$242,500
Premium/Discount to List
-$67,500
-21.77%
Current Estimated Value
$316,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,459
Avg. Annual Appreciation
5.05%
Original Mortgage
$238,107
Outstanding Balance
$210,996
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$105,963

Purchase Details

Closed on
Jul 20, 2009
Sold by
Citimortgage Inc
Bought by
Naylor Derek J

Purchase Details

Closed on
May 5, 2009
Sold by
Mujahed Naser J
Bought by
Citifinancial Mortgage Company Inc

Purchase Details

Closed on
Nov 15, 2006
Sold by
Swan Billie L and Swan Sanford Planet
Bought by
Mujahed Naser N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
8.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2001
Sold by
239 Pine Street Land Trust
Bought by
Swan Billie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.99%

Purchase Details

Closed on
Dec 26, 2001
Sold by
Swan Billie L
Bought by
Swan Billie L and Swan Marlu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.99%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Strauss Sheron Beth
Bought by
239 Pine Street Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.99%
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
Madison Amber Nicole $242,500 Erickson Title & Closing Llc
Naylor Derek J $89,900 Edco Title & Closing Service
Citifinancial Mortgage Company Inc $109,275 None Available
Mujahed Naser N $184,000 Realty Title
Swan Billie L $128,000 --
Swan Billie L -- --
239 Pine Street Land Trust $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Amber Nicole $238,107
Previous Owner Mujahed Naser N $147,200
Previous Owner Swan Billie L $102,400
Previous Owner 239 Pine Street Land Trust $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $242,500 -3.0% $101 / Sq Ft
03/16/2020 03/16/20 Price Changed $250,000 -3.8% $104 / Sq Ft
03/06/2020 03/06/20 Price Changed $260,000 -3.7% $108 / Sq Ft
03/01/2020 03/01/20 Price Changed $270,000 -1.1% $113 / Sq Ft
02/21/2020 02/21/20 Price Changed $273,000 -0.7% $114 / Sq Ft
02/12/2020 02/12/20 Price Changed $275,000 -1.4% $115 / Sq Ft
02/07/2020 02/07/20 Price Changed $279,000 -0.4% $116 / Sq Ft
01/30/2020 01/30/20 Price Changed $280,000 -1.8% $117 / Sq Ft
01/24/2020 01/24/20 Price Changed $285,000 -1.4% $119 / Sq Ft
01/16/2020 01/16/20 Price Changed $289,000 -2.0% $120 / Sq Ft
01/04/2020 01/04/20 Price Changed $295,000 -3.3% $123 / Sq Ft
12/17/2019 12/17/19 Price Changed $305,000 -1.6% $127 / Sq Ft
11/23/2019 11/23/19 For Sale $310,000 -- $129 / 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 $2,069 $78,975 $13,875 $65,100
2024 $2,069 $61,025 $9,500 $51,525
2023 $3,717 $61,025 $9,500 $51,525
2022 $3,717 $61,025 $9,500 $51,525
2021 $2,105 $61,025 $9,500 $51,525
2020 $3,543 $48,900 $9,500 $39,400
2019 $1,563 $48,900 $9,500 $39,400
2018 $1,563 $48,900 $9,500 $39,400
2017 $1,600 $48,900 $9,500 $39,400
2016 $1,609 $36,825 $0 $0
2014 $1,609 $36,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066633

Memphis Area Association of REALTORS®

APN: 01-6019-0-0003