NOT LISTED FOR SALE

284 W Central Park St Unit 1 Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $158,000 - $172,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
4,051 Sq Ft Lot

Last Sold May 14, 2015

Last sale price $109,000 $68 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $992/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Detached Garage
  • White Station High Rated A
  • End Unit
  • Walk-In Closet

About This Home

As of May 2015

Freshly painted condo with spacious rooms and lots of light. Convenient first floor location. Custom draperies . Living Room with fireplace and book shelves. A great location and a great buy! Can be rented.

Last Agent to Sell the Property

Jenny Grehan

Hobson, REALTORS License #203349 Listed on: 03/03/2015

Last Buyer's Agent

Selina Smith

Crye-Leike, Inc., REALTORS License #254404

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,418 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Termite Clearance

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 045126 B00005

Community Details

Overview

  • Property has a Home Owners Association
  • $225 Maintenance Fee
  • 4 Units
  • Central Park Community
  • Central Park Apts Condo Subdivision
  • Property managed by Wright

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,055

Year Built

Built in 1982

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: Highland
  • MLS Map #: 754F
  • MAAR Subdivision Name: CENTRAL PARK CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1418
  • Termite Contract: Yes
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 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: Level 1, Walk-In Closet, Private Full Bath, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Street Parking Only, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Central Park
  • Management Company: Wright

Fee Information

  • Monthly Maintenance Fee: 225

Lot Info

  • Lot Description: Some Trees, Landscaped

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 045126 B00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2015
Closed on
May 14, 2015
Sold by
Butler Eric A
Bought by
Cai Carmelyta and Cai Jinliang
Seller's Agent
Jenny Grehan
Hobson, REALTORS
Buyer's Agent
Selina Smith
Crye-Leike, Inc., REALTORS
List Price
$119,000
Sold Price
$109,000
Premium/Discount to List
-$10,000
-8.4%
Current Estimated Value
$165,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,151
Avg. Annual Appreciation
4.16%
Original Mortgage
$81,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Miller Phoebe T
Bought by
Butler Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 1998
Sold by
Miller Phobe T
Bought by
Miller Phoebe T and Phoebe T Miller Revocable Trust
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
Cai Carmelyta $109,000 Realty Title & Escrow
Butler Eric A $128,000 None Available
Miller Phoebe T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robison Ralph M $84,000
Closed Cai Carmelyta $81,750
Previous Owner Butler Eric A $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $109,000 -8.4% $78 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $119,000 -- $85 / 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 $1,055 $40,475 $5,050 $35,425
2024 $1,055 $31,125 $5,050 $26,075
2023 $1,896 $31,125 $5,050 $26,075
2022 $1,896 $31,125 $5,050 $26,075
2021 $1,918 $31,125 $5,050 $26,075
2020 $2,002 $27,625 $5,050 $22,575
2019 $2,002 $27,625 $5,050 $22,575
2018 $2,002 $27,625 $5,050 $22,575
2017 $1,135 $27,625 $5,050 $22,575
2016 $1,245 $28,500 $0 $0
2014 $1,245 $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9946441

Memphis Area Association of REALTORS®

APN: 04-5126-B0-0005