NOT LISTED FOR SALE

516 Peabody Square Unit 516 Memphis, TN 38104

Cooper-Young Neighborhood

Estimated Value: $210,000 - $217,000

2 Beds
3 Baths
1,200-1,399 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $219,000 $157 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,239/month

6 Days on Market

Highlights

  • The property is located in a historic district
  • Landscaped Professionally
  • Attic
  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

As of April 2023

The most charing townhome in the sought after Peabody square in the heart of Central Gardens! This end unit is extremely well maintained & features an open & inviting living/dining combo, updated kitchen w/ granite countertops & stainless steel appliances, beautiful flooring, spacious bedrooms w/ adjoining full & half bath, new windows throughout, lovely outdoor patio, spacious storage room, seller assigned parking right off the back door, neighborhood pool & beautiful grounds. A midtown GEM!

Last Agent to Sell the Property

Morgan Ray

Ware Jones, REALTORS License #339815 Listed on: 02/23/2023

Ware Jones, REALTORS

Last Buyer's Agent

Anna-Grace Williams

Adaro Realty, Inc. License #330778

Adaro Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1969

Lot Details

  • 871 Sq Ft Lot
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,320 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Additional Features

  • The property is located in a historic district
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 016049 A00025

Community Details

Overview

  • Property has a Home Owners Association
  • $310 Maintenance Fee
  • Peabody Square Condos Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,353

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Condo: Yes
  • List Price Per Sq Ft: 166
  • Number Of Stories: 2
  • Price Per Sq Ft: 165.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1320
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Private Half Bath, Shared Bath, Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections, Kit/DR Combo
  • Misc Interior: Pull Down Attic Stairs, Security System
  • Other Rooms: Laundry Closet, Attic, Storage Room
  • Total Bathrooms: 1.2
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio, Historic District, On-Site Storage, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Wood/Composition
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Storage Room(s), Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 310

Lot Info

  • Lot Description: Corner, Professionally Landscaped
  • Lot Number: 4&5*
  • Acreage: 0.02
  • Lot Size: .02
  • Price Per Acre: 10950000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 016049 A00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 6, 2023
Sold by
Hanson John B
Bought by
Herin Mary Carolyn
Seller's Agent
Morgan Ray
Ware Jones, REALTORS
Buyer's Agent
Anna-Grace Williams
Adaro Realty, Inc.
List Price
$219,000
Sold Price
$219,000
Views
28
Current Estimated Value
$213,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,773
Avg. Annual Appreciation
-0.31%
Original Mortgage
$70,000
Outstanding Balance
$67,736
Interest Rate
7.16%
Mortgage Type
New Conventional
Estimated Equity
$149,574

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 26, 2020
Sold by
Hunter Ashley Jean and Ellis Ashley Jean
Bought by
Hanson John B
Seller's Agent
Sharon Ellis
Crye-Leike, Inc., REALTORS
Buyer's Agent
William Ware
Ware Jones, REALTORS
List Price
$159,000
Sold Price
$158,000
Premium/Discount to List
-$1,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$158,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Nov 2, 2017
Sold by
Shepherd Sarah
Bought by
Hunter Ashley Jean
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Sharon Ellis
Crye-Leike, Inc., REALTORS
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$142,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2017
Sold by
Counce Lynn B and Counce Russell W
Bought by
Shepherd Sarah and Pierce Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Pierce Carl E
Bought by
Pierce Carl E and Counce Lynn B

Purchase Details

Closed on
Apr 7, 2011
Sold by
Leon Courtney Mary Helen Gafford
Bought by
Pierce Carl E

Purchase Details

Closed on
Mar 29, 2007
Sold by
Kirby Kimberly F
Bought by
Gafford Courtney Mary Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Herin Mary Carolyn $219,000 Executive Title & Closing
Hanson John B $158,000 Nexus Title & Escrow Llc
Hunter Ashley Jean $150,000 None Available
Shepherd Sarah $110,000 None Available
Pierce Carl E -- None Available
Pierce Carl E $117,000 None Available
Gafford Courtney Mary Helen $117,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herin Mary Carolyn $70,000
Previous Owner Hanson John B $158,000
Previous Owner Hunter Ashley Jean $142,500
Previous Owner Shepherd Sarah $80,000
Previous Owner Gafford Courtney Mary Helen $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $219,000 0.0% $183 / Sq Ft
02/23/2023 02/23/23 For Sale $219,000 +38.6% $183 / Sq Ft
05/26/2020 05/26/20 Sold $158,000 -0.6% $132 / Sq Ft
04/01/2020 04/01/20 For Sale $159,000 +6.0% $133 / Sq Ft
11/09/2017 11/09/17 Sold $150,000 0.0% $125 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $150,000 -- $125 / 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 $1,353 $53,825 $3,350 $50,475
2024 $1,353 $39,900 $3,350 $36,550
2023 $2,431 $39,900 $3,350 $36,550
2022 $2,431 $39,900 $3,350 $36,550
2021 $2,459 $39,900 $3,350 $36,550
2020 $2,080 $28,700 $3,350 $25,350
2019 $917 $28,700 $3,350 $25,350
2018 $917 $28,700 $3,350 $25,350
2017 $939 $28,700 $3,350 $25,350
2016 $1,262 $28,875 $0 $0
2014 $1,262 $28,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Morgan Ray

    Seller's Agent in 2023

    Morgan Ray

    Ware Jones, REALTORS

    (662) 435-3961

    5 in this area

    72 Total Sales

    Morgan Ray
    Section Image
  • Anna-Grace Williams

    Buyer's Agent in 2023

    Anna-Grace Williams

    Adaro Realty, Inc.

    (901) 487-5828

    1 in this area

    31 Total Sales

    Anna-Grace Williams
    Section Image
  • Sharon Ellis

    Seller's Agent in 2020

    Sharon Ellis

    Crye-Leike

    (901) 490-7693

    30 Total Sales

    Sharon Ellis
    Section Image
  • William Ware

    Buyer's Agent in 2020

    William Ware

    Ware Jones, REALTORS

    (901) 292-9616

    1 in this area

    95 Total Sales

    William Ware
    Section Image
  • Amanda Lott

    Seller's Agent in 2017

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    19 in this area

    356 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2017

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    20 in this area

    349 Total Sales

    Carol Lott
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142483

Memphis Area Association of REALTORS®

APN: 01-6049-A0-0025

Tennessee Shelby County Memphis 38104 Cooper-Young

516 Peabody Square Unit 516, Memphis, TN

This home is located at 516 Peabody Square Unit 516, Memphis, TN 38104 since 23 February 2023 and is currently estimated at $213,227, approximately $152 per square foot. This property was built in 1969. 516 Peabody Square Unit 516 is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

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