NOT LISTED FOR SALE

2696 Central Terrace Unit 18 Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $148,000 - $185,679

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
1,307 Sq Ft Lot

Last Sold June 28, 2019

Last sale price $140,000 $100 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,060/month

31 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Traditional Architecture
  • Gated Parking
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2019

This picturesque townhome has everything you're looking for. It's 2 BR, 2.5 BA in a gated community. Updated kitchen has granite, storage, and stainless steel appliances. Soft hues + open floor plan amplify the light that comes through the French Doors. Fenced in back patio is great for entertaining. Each bedroom has it's own full bath. Walk in closets and storage galore. Located right in the heart of midtown with easy access to all the hot spots. If you hurry, you can enjoy the pool all summer!

Last Agent to Sell the Property

Lexie Hicks Johnston

Coldwell Banker Collins-Maury License #321557 Listed on: 04/29/2019

Coldwell Banker Collins-Maury

Last Buyer's Agent

Andrea Byrd

BenchMark REALTORS, LLC License #346369

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • Landscaped

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,399 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Security Gate
  • Iron Doors

Parking

  • Gated Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 045018 A00018

Community Details

Overview

  • Property has a Home Owners Association
  • $179 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, management fees, pest control contract
  • Villas At Chickasaw Condominiums Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,313

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • Cross Street: Buntyn
  • MLS Map #: 754E
  • MAAR Subdivision Name: VILLAS AT CHICKASAW
  • Condo: Yes
  • List Price Per Sq Ft: 107
  • Number Of Stories: 2
  • Price Per Sq Ft: 100.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1399
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Split Bedroom Plan, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Security Gate
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condo Fees Include: Water/Sewer, Exterior Maintenance, Grounds Maintenance, Management Fees, Pest Control Contract
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 179

Lot Info

  • Lot Number: UNIT 18
  • Acreage: 0.03
  • Lot Size: 97305 SF 2.23 AC
  • Price Per Acre: 5000000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 045018 A00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 14, 2019
Sold by
Chambers Emily Kathryn
Bought by
Munnings Meesha R
Seller's Agent
Lexie Hicks Johnston
Coldwell Banker Collins-Maury
Buyer's Agent
Andrea Byrd
BenchMark REALTORS, LLC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$174,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,550
Avg. Annual Appreciation
3.39%
Original Mortgage
$133,000
Outstanding Balance
$117,678
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$54,173

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 13, 2016
Sold by
Choi Leann
Bought by
Chambers Emily Kathryn
Seller's Agent
Greg Renfrow
NextHome Cornerstone Realty
Buyer's Agent
Lexie Hicks Johnston
Coldwell Banker Collins-Maury
List Price
$129,900
Sold Price
$119,900
Premium/Discount to List
-$10,000
-7.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$107,790
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2007
Sold by
2681 Central Terrace Llc
Bought by
Sheppard Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Munnings Meesha R $140,000 Edco Ttl & Closing Svcs Inc
Chambers Emily Kathryn $119,900 None Available
Sheppard Leann $160,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munnings Meesha R $133,000
Previous Owner Chambers Emily Kathryn $107,790
Previous Owner Sheppard Leann $128,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $140,000 -6.7% $117 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $150,000 +25.1% $125 / Sq Ft
06/30/2016 06/30/16 Sold $119,900 -7.7% $100 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $129,900 -- $108 / 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 $1,313 $40,725 $3,725 $37,000
2024 $1,313 $38,725 $3,725 $35,000
2023 $2,359 $38,725 $3,725 $35,000
2022 $2,359 $38,725 $3,725 $35,000
2021 $2,387 $38,725 $3,725 $35,000
2020 $2,172 $29,975 $3,725 $26,250
2019 $958 $29,975 $3,725 $26,250
2018 $958 $29,975 $3,725 $26,250
2017 $981 $29,975 $3,725 $26,250
2016 $1,137 $26,025 $0 $0
2014 $1,137 $26,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10051469

Memphis Area Association of REALTORS®

APN: 04-5018-A0-0018