NOT LISTED FOR SALE

286 S Watkins St Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $272,895 - $447,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $205,000 $103 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,073/month

Highlights

  • In Ground Pool
  • Gated Parking
  • Wood Flooring
  • The property is located in a historic district
  • Updated Kitchen
  • Corner Lot

About This Home

As of May 2013

A rare Central Gardens find! Classic bungalow with elegant beamed LR/DR Combo; large, updated kitchen with eat-in area. Courtyard-like private backyard with electric gate, pergola & lap pool. Ample parking for multiple vehicles. A unique Midtown oaisis

Last Agent to Sell the Property

Joe Spake

NextHome Cornerstone Realty License #259388 Listed on: 01/06/2013

NextHome Cornerstone Realty

Last Buyer's Agent

Arron Ray

Crye-Leike, Inc., REALTORS License #305718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1929

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56 x 150
  • Dog Run
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,839 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Termite Clearance
  • Iron Doors

Parking

  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Courtyard
  • Patio
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Meacham Re Blk 22 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016016 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,192

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: LINDEN
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Historic District: Central Gardens HC
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1839
  • Termite Contract: Yes
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Dishwasher, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen
  • Misc Interior: Permanent Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Unfinished Basement

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Pool Cleaning Equipment, Dog Run, Storage Building, Porch, Patio, Historic District, Courtyard
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s), Storm Door(s)
  • Foundation: Partial Basement
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s), Gated Parking, Gate Clickers

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 1
  • Acreage: 0.19
  • Lot Size: 56 X 150

Tax Info

  • Assessor Parcel Number: 016016 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2013
Closed on
May 31, 2013
Sold by
Walker Cynthia Higgins
Bought by
Leslie Brandon and Cearson Thomas
Seller's Agent
Joe Spake
NextHome Cornerstone Realty
Buyer's Agent
Arron Ray
Crye-Leike, Inc., REALTORS
List Price
$209,500
Sold Price
$205,000
Premium/Discount to List
-$4,500
-2.15%
Current Estimated Value
$359,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,224
Avg. Annual Appreciation
4.62%
Original Mortgage
$164,000
Outstanding Balance
$116,296
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$242,928

Purchase Details

Closed on
Aug 24, 1998
Sold by
Higgins Catherine D
Bought by
Walker Cynthia Higgins

Purchase Details

Closed on
Feb 14, 1997
Sold by
Walker Cynthia Higgins
Bought by
Higgins Catherine D
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
Leslie Brandon $205,000 None Available
Walker Cynthia Higgins -- Memphis Title
Higgins Catherine D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leslie Brandon $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $205,000 -2.1% $114 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $209,500 -- $116 / 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 $2,192 $66,575 $13,875 $52,700
2024 $2,192 $64,675 $9,675 $55,000
2023 $3,940 $64,675 $9,675 $55,000
2022 $3,940 $64,675 $9,675 $55,000
2021 $3,986 $64,675 $9,675 $55,000
2020 $3,940 $54,375 $9,675 $44,700
2019 $3,940 $54,375 $9,675 $44,700
2018 $3,940 $54,375 $9,675 $44,700
2017 $2,235 $54,375 $9,675 $44,700
2016 $1,937 $44,325 $0 $0
2014 $1,937 $44,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Spake

    Seller's Agent in 2013

    Joe Spake

    NextHome Cornerstone Realty

    (901) 870-3440

    4 in this area

    38 Total Sales

    Joe Spake
    Section Image

  • A

    Buyer's Agent in 2013

    Arron Ray

    Crye-Leike, Inc., REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3262387

Memphis Area Association of REALTORS®

APN: 01-6016-0-0001

Tennessee Shelby County Memphis 38104 Central Gardens

286 S Watkins St, Memphis, TN

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