NOT LISTED FOR SALE

261 Kimbrough Place Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $428,000 - $600,000

5 Beds
3.5 Baths
2,400-2,599 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $409,900 $158 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,830/month

Highlights

  • The property is located in a historic district
  • Deck
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • 2 Car Detached Garage

About This Home

As of June 2020

Beautiful Central Gardens home that has been so well maintained.

Last Agent to Sell the Property

Leigh Martin

Hobson, REALTORS License #277409 Listed on: 05/04/2020

Last Buyer's Agent

Leigh Martin

Hobson, REALTORS License #277409 Listed on: 05/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1926

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 66.7 x 140
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,453 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Termite Clearance
  • Updated Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator

Additional Features

  • Deck
  • The property is located in a historic district

Community Details

  • Voluntary home owners association
  • Kimbroughs Union Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016016 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,343

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Vance
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 163
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2453
  • Termite Contract: Yes
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 5
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Deck, Historic District
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Radiator

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 84
  • Acreage: 0.21
  • Lot Size: 66.7 X 140

Tax Info

  • Assessor Parcel Number: 016016 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 15, 2020
Sold by
Diaz Nelson and Diaz Elizabeth H
Bought by
Grady Kyle and Grady Petya
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$399,900
Sold Price
$409,900
Premium/Discount to List
$10,000
2.5%
Current Estimated Value
$484,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,007
Avg. Annual Appreciation
3.15%
Original Mortgage
$389,405
Outstanding Balance
$345,178
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$139,729
Source: Public Records

Range of Values:

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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
Grady Kyle $409,900 Executive Ttl & Closing Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grady Kyle $389,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $409,900 +2.5% $171 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $399,900 -- $167 / 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 $3,343 $111,575 $24,175 $87,400
2024 $3,343 $98,600 $17,075 $81,525
2023 $6,006 $98,600 $17,075 $81,525
2022 $6,006 $98,600 $17,075 $81,525
2021 $3,402 $98,600 $17,075 $81,525
2020 $5,018 $69,250 $17,075 $52,175
2019 $2,213 $69,250 $17,075 $52,175
2018 $2,213 $69,250 $17,075 $52,175
2017 $2,266 $69,250 $17,075 $52,175
2016 $3,046 $69,700 $0 $0
2014 $3,046 $69,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Martin

    Seller's Agent in 2020

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    53 in this area

    203 Total Sales

    Leigh Martin
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075850

Memphis Area Association of REALTORS®

APN: 01-6016-0-0005

Tennessee Shelby County Memphis 38104 Central Gardens

261 Kimbrough Place, Memphis, TN

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