NOT LISTED FOR SALE

261 Pine St Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $280,315

1 Bed
1 Bath
1,528 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2023

Last sale price $299,000 $196 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,849 / mo

15 Days on Market

Highlights

  • In a Historic District
  • Deck
  • Separate Formal Living Room
  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows

About This Home

As of March 2023

Charming duplex on a great street in Central Gardens within a stones throw to the medical district and College of Optometry. Each unit has been meticulously maintained: 2 year old roof, 5 year old HVAC, 4 year old HW heater, newer appliances and current termite contract. The units feature original hardwood floors, tall ceilings, large bedroms with access to a back deck and stack washer & dryer in each unit. Potential rent income of $1,000-$1,200 per unit. Give 72hr notice to view.

Last Agent to Sell the Property

John Moore

Marx-Bensdorf, REALTORS License #338713 Listed on: 02/13/2023

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Range of Values:

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

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • Walk-In Closet
  • 1,528 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • In a Historic District

Community Details

  • Meacham Re Blk 15 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 016019 00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Bungalow
  • Second Address Number: 263
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 196
  • Number Of Stories: 1
  • Estimated Sq Ft: 1528
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher
  • Estimated Entire Duplex Sq Ft: 1400-1599
  • Miscellaneous Interior: Walk-In Closet(s)

Exterior Features

  • Misc Exterior: Deck, Historic District
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Street Parking Only

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: PT 6&7
  • Acreage: 0.17
  • Lot Size: 50X150

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 016019 00007

Multi Family

  • Perc Occ: 100

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

Closed on
Jan 26, 2026
Sold by
Flores Jose L and Flores Christy
Bought by
Current Estimated Value
$280,315

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 2, 2023
Sold by
Davis Stephen R
Bought by
Flores Jose L
Seller's Agent
John Moore
Marx-Bensdorf, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$299,000
Sold Price
$299,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.79%
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

  • Julie Upchurch Real Estate Agent - McWaters & Associates

    Julie Upchurch

    McWaters & Associates

    (901) 509-9177

    143 Total Sales

    4 in Central Gardens

    $418K - $820K Price Range

    Julie Upchurch
     Section Image
  • Fontaine Albritton Real Estate Agent - Crye-Leike, Inc., REALTORS

    Fontaine Albritton

    Crye-Leike, Inc., REALTORS

    (901) 437-5465

    93 Total Sales

    15 in Central Gardens

    $280K - $1.1M Price Range

    Fontaine Albritton
     Section Image
  • Toni Green Real Estate Agent - Crye-Leike, Inc., REALTORS

    Toni Green

    Crye-Leike, Inc., REALTORS

    (901) 437-4651

    33 Total Sales

    4 in Central Gardens

    $272K - $640K Price Range

    Toni Green
     Section Image
  • Caleb Hall Real Estate Agent - Keller Williams

    Caleb Hall

    Responds Quickly

    Keller Williams

    (901) 295-3396

    200 Total Sales

    1 in Central Gardens

    $255,000 Price

    Caleb Hall
     Section Image
  • 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

    42 Total Sales

    2 in Central Gardens

    $300K - $385K Price Range

    Thomas Henze
     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
$299,000 --
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
03/03/2023 03/03/23 Sold $299,000 0.0% $196 / Sq Ft
02/13/2023 02/13/23 For Sale $299,000 -- $196 / 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 $3,063 $113,880 $22,200 $91,680
2024 $2,924 $86,240 $13,840 $72,400
2023 $5,253 $86,240 $13,840 $72,400
2022 $3,572 $58,640 $13,840 $44,800
2021 $3,614 $58,640 $13,840 $44,800
2020 $2,652 $36,600 $13,840 $22,760
2019 $2,652 $36,600 $13,840 $22,760
2018 $2,652 $36,600 $13,840 $22,760
2017 $1,504 $36,600 $13,840 $22,760
2016 $1,592 $36,440 $0 $0
2014 $1,592 $36,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Moore Real Estate Agent - Marx-Bensdorf, REALTORS

    Seller's Agent in 2023

    John Moore

    Marx-Bensdorf, REALTORS

    (901) 232-1901

    2 in this area

    128 Total Sales

    John Moore
    Section Image

  • NN

    Buyer's Agent in 2023

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141944

Memphis Area Association of REALTORS®

APN: 01-6019-0-0007

Tennessee Shelby County Memphis 38104 Central Gardens

261 Pine St, Memphis, TN

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