NOT LISTED FOR SALE

275 W Central Park St Unit 1 Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $146,000 - $201,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1.94 Acres

Last Sold August 19, 2022

Last sale price $190,000 $119 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,006/month

9 Days on Market

Highlights

  • Updated Kitchen
  • 1.94 Acre Lot
  • Traditional Architecture
  • White Station High Rated A
  • Landscaped Professionally
  • Great Room

About This Home

As of August 2022

Unique and recently updated 2BR and 2BA condominium unit with 1444 S.F. has become available in the Central Park area close to the University of Memphis, Midtown, Highland Row and Poplar Plaza areas. Owner recently updated the Bathrooms and Kitchen, new tile backsplash, and appliances as well as new floors in Dining Room. Carpets in unit are newer and the whole unit has been repainted. Because of their location, these units have very low turnover and are hard to find. Check this deal out now!

Last Agent to Sell the Property

Edwin Scruggs

BHHS Taliesyn Realty License #258919 Listed on: 07/13/2022

BHHS Taliesyn Realty

Co-Listed By

Donna Scruggs

BHHS Taliesyn Realty License #244130

Last Buyer's Agent

Julie Upchurch

McWaters & Associates License #343132

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $994

Year Built

  • Built in 1972

Lot Details

  • Landscaped Professionally
  • Few Trees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,444 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Additional Features

  • Courtyard
  • Ground Level

Community Details

  • Property has a Home Owners Association
  • $225 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees
  • 4 Units
  • Central Park Condos Community
  • Central Park Apartments Condos Subdivision
  • Property managed by Wright Property Mgmt

Listing and Financial Details

  • Assessor Parcel Number 045126 E00005

Property Details

Home Type

Condominium

Est. Annual Taxes

$994

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Central Ave & Highland St
  • MLS Map #: 754F
  • MAAR Subdivision Name: CENTRAL PARK CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1
  • Price Per Sq Ft: 131.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1444
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Carpet, Shared Bath, Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen
  • Misc Interior: Walk-In Closet(s), Vent Hood/Exhaust Fan
  • Total Bathrooms: 2
  • Primary Bathroom Description: Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Parking Lot

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Water Sewer: Public Sewer, Public Water

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees
  • Condominium Association: Yes
  • Condominium Name: Central Park Condos
  • Management Company: Wright Property Mgmt

Fee Information

  • Monthly Maintenance Fee: 225

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Professionally Landscaped
  • Acreage: 1.94
  • Lot Size: 1.94 Acres (Building)
  • Price Per Acre: 95309

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 045126 E00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 19, 2022
Sold by
Owens Brian T and Owens Margaret S
Bought by
Stark Jill C and Stark Joel A
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Julie Upchurch
McWaters & Associates
List Price
$184,900
Sold Price
$190,000
Premium/Discount to List
$5,100
2.76%
Total Days on Market
9
Current Estimated Value
$173,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,113
Avg. Annual Appreciation
-3.14%
Original Mortgage
$171,000
Outstanding Balance
$164,113
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$9,774

Purchase Details

Listed on
Sep 3, 2015
Closed on
Sep 29, 2015
Sold by
Pettit Peter R
Bought by
Owens Brian T and Owens Margaret S
Seller's Agent
Denise Ware
Ware Jones, REALTORS
Buyer's Agent
John Criswell
Crye-Leike, Inc., REALTORS
List Price
$110,000
Sold Price
$109,500
Premium/Discount to List
-$500
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$87,200
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2000
Sold by
Pratt Joli E
Bought by
Pettit Peter R and Aileen B Pettit Family Trust

Purchase Details

Closed on
Dec 16, 1998
Sold by
Maddox F A
Bought by
Jackson Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.94%
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
Stark Jill C $190,000 Griffin Clift Everton And Masc
Owens Brian T $109,500 Realty Title & Escrow
Pettit Peter R $91,500 --
Jackson Linda D $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stark Jill C $171,000
Previous Owner Owens Brian T $87,200
Previous Owner Jackson Linda D $50,000
Previous Owner Jackson Linda D $125,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $190,000 +2.8% $136 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $184,900 0.0% $132 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $184,900 +68.9% $132 / Sq Ft
09/29/2015 09/29/15 Sold $109,500 -0.5% $78 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $110,000 -- $79 / 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 $994 $48,325 $5,050 $43,275
2024 $994 $29,325 $5,050 $24,275
2023 $1,786 $29,325 $5,050 $24,275
2022 $1,786 $29,325 $5,050 $24,275
2021 $1,012 $29,325 $5,050 $24,275
2020 $1,875 $25,875 $5,050 $20,825
2019 $827 $25,875 $5,050 $20,825
2018 $827 $25,875 $5,050 $20,825
2017 $846 $25,875 $5,050 $20,825
2016 $1,245 $28,500 $0 $0
2014 $1,245 $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edwin Scruggs

    Seller's Agent in 2022

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 466-4012

    2 in this area

    145 Total Sales

    Edwin Scruggs
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Donna Scruggs

    BHHS Taliesyn Realty

    (901) 268-0774

    2 in this area

    113 Total Sales

    Donna Scruggs
    Section Image
  • Julie Upchurch

    Buyer's Agent in 2022

    Julie Upchurch

    McWaters & Associates

    (901) 412-0111

    11 in this area

    147 Total Sales

    Julie Upchurch
    Section Image
  • Denise Ware

    Seller's Agent in 2015

    Denise Ware

    Ware Jones, REALTORS

    (901) 351-7702

    10 in this area

    83 Total Sales

    Denise Ware
    Section Image
  • William Ware

    Seller Co-Listing Agent in 2015

    William Ware

    Ware Jones, REALTORS

    (901) 292-9616

    9 in this area

    96 Total Sales

    William Ware
    Section Image
  • John Criswell

    Buyer's Agent in 2015

    John Criswell

    Crye-Leike

    (901) 553-7649

    156 Total Sales

    John Criswell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128614

Memphis Area Association of REALTORS®

APN: 04-5126-E0-0005

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

275 W Central Park St Unit 1, Memphis, TN

This home is located at 275 W Central Park St Unit 1, Memphis, TN 38111 since 13 July 2022 and is currently estimated at $173,887, approximately $108 per square foot. This property was built in 1972. 275 W Central Park St Unit 1 is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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