NOT LISTED FOR SALE

251 S Watkins St Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $413,000 - $457,000

3 Beds
3 Baths
3,000-3,199 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $460,000 $144 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,581/month

36 Days on Market

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Deck
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of November 2022

Back on the market w/ a price improvement on this incredibly stunning & large 3148 square foot 3BR/3BA home in the Historic Central Gardens! This well maintained home features a beautifully renovated kitchen, stainless steel appliances, hardwood floors, gorgeous living spaces, spacious bedrooms, tons of storage, finished basement, large primary bedroom, potential for a 4th bedroom down & a fabulous deck for entertaining that leads to the most inviting backyard. Don't let this home pass you by!

Last Agent to Sell the Property

Morgan Ray

Ware Jones, REALTORS License #339815 Listed on: 09/17/2022

Ware Jones, REALTORS

Last Buyer's Agent

Jaime Ross

Local Agency Realty Group License #345300

Local Agency Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 47x150
  • Wood Fence
  • Landscaped

Parking

  • Driveway

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,148 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Play Room
  • Attic Access Panel
  • Finished Basement

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Radiator

Community Details

  • Meacham Re Sub Blk 18 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016018 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,516

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 146
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3148
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1 Bath, Play Room/Recreation Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 2
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 2
  • Bedrooms: 3
  • Fireplace: In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Attic Access
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Finished Basement, Entry Hall, Attic
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 2, Sitting Area

Exterior Features

  • Misc Exterior: Porch, Deck, Historic District, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Radiator

Lot Info

  • Lot Description: Landscaped, Wood Fenced
  • Lot Number: 11
  • Acreage: 0.16
  • Lot Size: 47X150

Tax Info

  • Assessor Parcel Number: 016018 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Nov 18, 2022
Sold by
Meriwether Hunter Lee and Meriwether Lauren Moreland
Bought by
Taylor Sara Beth and Harris Patrick Robert
Seller's Agent
Morgan Ray
Ware Jones, REALTORS
Buyer's Agent
Jaime Ross
Local Agency Realty Group
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Current Estimated Value
$434,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,045
Avg. Annual Appreciation
-1.89%
Original Mortgage
$460,000
Outstanding Balance
$445,552
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$10,597

Purchase Details

Listed on
Oct 3, 2015
Closed on
Apr 21, 2016
Sold by
Ward Paul
Bought by
Meriwether Hunter Lee and Meriwether Lauren Moreland
Seller's Agent
Helen Akin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Caitlin Soma
Coldwell Banker Collins-Maury
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$245,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2007
Sold by
Coyle Alice May
Bought by
Ward Paul
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
Taylor Sara Beth $460,000 --
Meriwether Hunter Lee $245,000 None Available
Ward Paul $177,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Sara Beth $460,000
Previous Owner Meriwether Hunter Lee $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $460,000 +0.2% $153 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $459,000 -3.4% $153 / Sq Ft
09/22/2022 09/22/22 For Sale $475,000 +3.3% $158 / Sq Ft
09/17/2022 09/17/22 Off Market $460,000 -- --
04/21/2016 04/21/16 Sold $245,000 -1.6% $82 / Sq Ft View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
10/03/2015 10/03/15 For Sale $249,000 -- $83 / 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 $3,516 $114,925 $13,875 $101,050
2024 $3,516 $103,725 $8,125 $95,600
2023 $6,319 $103,725 $8,125 $95,600
2022 $6,319 $103,725 $8,125 $95,600
2021 $6,393 $103,725 $8,125 $95,600
2020 $5,413 $74,700 $8,125 $66,575
2019 $2,387 $74,700 $8,125 $66,575
2018 $2,387 $74,700 $8,125 $66,575
2017 $2,444 $74,700 $8,125 $66,575
2016 $2,956 $67,650 $0 $0
2014 $2,956 $67,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Morgan Ray

    Seller's Agent in 2022

    Morgan Ray

    Ware Jones, REALTORS

    (662) 435-3961

    2 in this area

    67 Total Sales

    Morgan Ray
    Section Image
  • Jaime Ross

    Buyer's Agent in 2022

    Jaime Ross

    Local Agency Realty Group

    (901) 283-7083

    1 in this area

    131 Total Sales

    Jaime Ross
    Section Image
  • Helen Akin

    Seller's Agent in 2016

    Helen Akin

    Crye-Leike

    (901) 240-3912

    35 Total Sales

    Helen Akin
    Section Image

  • C

    Buyer's Agent in 2016

    Caitlin Soma

    Coldwell Banker Collins-Maury

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133709

Memphis Area Association of REALTORS®

APN: 01-6018-0-0005

Tennessee Shelby County Memphis 38104 Central Gardens

251 S Watkins St, Memphis, TN

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