NOT LISTED FOR SALE

2940 Central Ave Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $563,000 - $706,000

4 Beds
3 Baths
3,400-3,599 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $465,000 $129 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,205/month

83 Days on Market

Highlights

  • 0.54 Acre Lot
  • Traditional Architecture
  • Great Room
  • Deck
  • Wood Flooring
  • Breakfast Room

About This Home

As of May 2021

In the Grand old Memphis neighborhood of Chickasaw Gardens!! Wonderful home with great space in this 4 bedroom 3 bath Ranch. Outstanding space with large rooms and lots of natural light. Hardwood floors, plantation shutters, working attic fan, irrigation system, mosquito system and a 4 year old roof. Great lot fully fenced with secure gated parking in the rear of property. Centrally located for quick access downtown or out east.

Last Agent to Sell the Property

Robert Gorman

Crye-Leike, Inc., REALTORS License #260735 Listed on: 01/29/2021

Crye-Leike, Inc., REALTORS

Co-Listed By

Richard Leike

Crye-Leike, Inc., REALTORS License #52176

Last Buyer's Agent

Lee Anne Crisp

Epique Realty License #339201

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1951

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 135x177
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,472 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Monitored

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Chickasaw Gardens Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 045043 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,326

Year Built

Built in 1951

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Goodwyn
  • MLS Map #: 754E
  • MAAR Subdivision Name: CHICKASAW GARDENS
  • List Price Per Sq Ft: 130
  • Number Of Stories: 1
  • Price Per Sq Ft: 133.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3472
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Renovated Bathroom, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, Ventless Gas Fireplace, In Living Room, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 13x17
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Storage Building, Deck, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Monitored Alarm System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 950
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 446
  • Acreage: 0.54
  • Lot Size: 135X177
  • Price Per Acre: 833148

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 045043 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 4, 2021
Sold by
Osborn Michael M and Osborn Suzanne C
Bought by
Brown Joseph R and Joseph R Brown Jr Trust
Seller's Agent
Robert Gorman
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lee Anne Crisp
Epique Realty
List Price
$449,900
Sold Price
$465,000
Premium/Discount to List
$15,100
3.36%
Total Days on Market
83
Current Estimated Value
$655,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,868
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Jun 25, 2008
Sold by
Osborn Michael M and Osborn Suzanne C
Bought by
Osborn Michael M and Osborn Suzanne C

Purchase Details

Closed on
Oct 25, 2007
Sold by
Lackie Joshua
Bought by
Osborn Michael M and Osborn Suzanne C

Purchase Details

Closed on
Mar 27, 2002
Sold by
Parsioon Fereidoon and Motaghian Faranak
Bought by
Lackie Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.8%
Source: Public Records

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Range of Values:

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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
Brown Joseph R $465,000 Realty Title & Escrow Co Inc
Osborn Michael M -- None Available
Osborn Michael M $358,000 None Available
Lackie Joshua $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborn Michael M $438,400
Previous Owner Lackie Joshua $750,000
Previous Owner Lackie Joshua $239,800
Previous Owner Lackie Joshua $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $465,000 +3.4% $137 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $449,900 -- $132 / 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 $5,326 $169,025 $83,675 $85,350
2024 $5,326 $157,100 $66,950 $90,150
2023 $9,570 $157,100 $66,950 $90,150
2022 $9,570 $157,100 $66,950 $90,150
2021 $5,420 $157,100 $66,950 $90,150
2020 $9,925 $136,975 $66,950 $70,025
2019 $4,378 $136,975 $66,950 $70,025
2018 $4,378 $136,975 $66,950 $70,025
2017 $4,481 $136,975 $66,950 $70,025
2016 $4,658 $106,600 $0 $0
2014 $5,008 $114,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Gorman

    Seller's Agent in 2021

    Robert Gorman

    Crye-Leike, Inc., REALTORS

    (901) 233-8515

    1 in this area

    64 Total Sales

    Robert Gorman
    Section Image
  • Richard Leike

    Seller Co-Listing Agent in 2021

    Richard Leike

    Crye-Leike, Inc., REALTORS

    (901) 486-2070

    1 in this area

    16 Total Sales

    Richard Leike
    Section Image
  • Lee Anne Crisp

    Buyer's Agent in 2021

    Lee Anne Crisp

    Epique Realty

    (901) 846-4490

    2 in this area

    61 Total Sales

    Lee Anne Crisp
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092645

Memphis Area Association of REALTORS®

APN: 04-5043-0-0015

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

2940 Central Ave, Memphis, TN

This home is located at 2940 Central Ave, Memphis, TN 38111 since 29 January 2021 and is currently estimated at $655,868, approximately $182 per square foot. This property was built in 1951. 2940 Central Ave is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Hanley Schoool - Middle.

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