NOT LISTED FOR SALE

3438 Central Ave Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $675,000 - $1,004,807

6 Beds
4.5 Baths
6,000-6,999 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $750,000 $107 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,503/month

180 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • 2.15 Acre Lot
  • White Station High Rated A
  • Garage Apartment
  • Living Room with Fireplace

About This Home

As of October 2024

Reduced $200,000 to sell! 2.15 acre estate in the heart of the city, featuring this classic brick Trad, 3 car garage w/2BR guesthouse above, tennis court & plenty of yard! Custom built over 100 years ago w/slate roof, gorgeous brick, leaded glass windows & hardwood floors. It has been lived in & loved by the owners since 1977, & now you can put your touch on it. 4BR,3BA on 2nd floor, 2BR,1BA on 3rd floor. 3 FP's, radiator heat, window unit AC. Needs renovation, but worth it. Sold AS-IS.

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 03/06/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 2.15 Acre Lot
  • Lot Dimensions are 237x395
  • Few Trees

Home Design

  • English Architecture
  • Traditional Architecture
  • Brick Veneer
  • Tile Roof

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,508 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Play Room
  • Sun or Florida Room
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Parking

  • 3 Car Detached Garage
  • Garage Apartment
  • Front Facing Garage

Outdoor Features

  • Tennis Courts
  • Patio
  • Porch

Additional Homes

  • Detached Guest House

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Windover Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045126 00008

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

2.15 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, English
  • Detached Unit Type: General Residential
  • Cross Street: Highland
  • MAAR Subdivision Name: WINDOVER
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 6508
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedroom 5 Description: Level 2
  • Bedrooms: 6
  • Fireplace: Presently Inoperative, In Living Room, In Den/Great Room, In Other Room
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: Attic Access, Cat/Dog Free House
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Sun Room, Play Room, Bonus Room, Separate Guest House, Unfinished Basement, Entry Hall, Attic
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Porch, Patio, Tennis Court, Garage Apartment
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Partial Basement
  • Roof: Tile/Slate

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3D
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Radiator
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Acreage: 2.15
  • Lot Size: 237X395
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 045126 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Oct 3, 2024
Sold by
Riggs W Webster W and Riggs Helen T
Bought by
Welk Logan G W and Bauman Alison M
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
List Price
$1,195,000
Sold Price
$750,000
Premium/Discount to List
-$445,000
-37.24%
Views
265
Current Estimated Value
$874,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,702
Avg. Annual Appreciation
11.03%
Original Mortgage
$712,500
Outstanding Balance
$705,164
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$169,538

Purchase Details

Closed on
Sep 18, 2020
Sold by
Riggs Helen T
Bought by
Riggs W Webster W and Riggs Helen T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welk Logan G W $750,000 None Listed On Document
Riggs W Webster W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welk Logan G W $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $750,000 -24.6% $125 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $995,000 -16.7% $166 / Sq Ft
03/06/2024 03/06/24 For Sale $1,195,000 -- $199 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $187,500 $143,250 $44,250
2024 $10,822 $319,225 $143,250 $175,975
2023 $19,446 $319,225 $143,250 $175,975
2022 $19,446 $319,225 $143,250 $175,975
2021 $19,674 $319,225 $143,250 $175,975
2019 $8,511 $266,300 $143,250 $123,050
2018 $8,511 $266,300 $143,250 $123,050
2017 $8,712 $266,300 $143,250 $123,050
2016 $8,871 $203,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer & Joel Hobson

    Seller's Agent in 2024

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    14 in this area

    181 Total Sales

    Jennifer & Joel Hobson
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167256

Memphis Area Association of REALTORS®

APN: 04-5126-0-0008

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

3438 Central Ave, Memphis, TN

Not Listed for Sale

Detached

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