NOT LISTED FOR SALE

672 Hotchkiss Ln Unit B Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $236,325 - $251,000

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $161,000 $115 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,417/month

Highlights

  • Gated Parking
  • Updated Kitchen
  • Clubhouse
  • Gated Community
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of May 2017

Sharp looking 2BR/1.5 Bath gated condo in CENTRAL GARDENS full of owner upgrades not found in other units! Fab designer colors. Engineered hardwood (not laminate) Smooth ceilings, crown molding, Granite countertops & glass tile backsplash in kitchen. Stainless appliances including counter-depth fridge. Washer/dryer remain! Stunning upstairs bath remodeled to studs in 2015 including new deep tub, vanity, toilet, lighting! Spacious bedrooms each with two closets. Oversized, landscaped patio/entry

Last Agent to Sell the Property

Felix Bishop

Crye-Leike, Inc., REALTORS License #256236 Listed on: 01/11/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Shelly Rainwater

Ware Jones, REALTORS License #278770

Ware Jones, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1973

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,350 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic
  • Security Gate

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030007 A00006

Community Details

Overview

  • Property has a Home Owners Association
  • $175 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Central Gardens Sq. Community
  • Central Gardens Square Condominiums Subdivision
  • Property managed by Wright Management

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,532

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Cross Street: Belvedere
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS SQUARE CONDOMINIUMS
  • Condo: Yes
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 121
  • Number Of Stories: 1
  • Price Per Sq Ft: 119.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1350
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections, Kit/DR Combo
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 2, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Security: Security Gate, Limited Access
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Central Gardens Sq.
  • Management Company: Wright Management
  • Neighborhood Amenities: Gated Neighborhood

Fee Information

  • Monthly Maintenance Fee: 175

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: UNIT 672

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 030007 A00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
May 22, 2017
Sold by
Gardner Reid
Bought by
Breitling Melissa A
Seller's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
Buyer's Agent
Shelly Rainwater
Ware Jones, REALTORS
List Price
$169,000
Sold Price
$161,000
Premium/Discount to List
-$8,000
-4.73%
Current Estimated Value
$244,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,081
Avg. Annual Appreciation
5.12%
Original Mortgage
$50,000
Outstanding Balance
$42,023
Interest Rate
4.32%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$202,058

Purchase Details

Closed on
Nov 28, 2011
Sold by
Belvedere Central Llc
Bought by
Gardner Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,783
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

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
Breitling Melissa A $161,000 Home Surety Title & Escrow L
Gardner Reid $122,900 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breitling Melissa A $50,000
Previous Owner Gardner Reid $119,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $161,000 -4.7% $134 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $169,000 -- $141 / 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 $1,532 $97,360 $6,480 $90,880
2024 $1,532 $45,200 $4,050 $41,150
2023 $2,753 $45,200 $4,050 $41,150
2022 $2,753 $45,200 $4,050 $41,150
2021 $2,786 $45,200 $4,050 $41,150
2020 $2,714 $37,450 $4,050 $33,400
2019 $2,714 $37,450 $4,050 $33,400
2018 $2,714 $37,450 $4,050 $33,400
2017 $1,539 $37,450 $4,050 $33,400
2016 $1,311 $30,000 $0 $0
2014 $1,311 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Felix Bishop

    Seller's Agent in 2017

    Felix Bishop

    Crye-Leike, Inc., REALTORS

    (901) 486-6082

    80 Total Sales

    Felix Bishop
    Section Image
  • Shelly Rainwater

    Buyer's Agent in 2017

    Shelly Rainwater

    Ware Jones, REALTORS

    (901) 337-4001

    10 in this area

    94 Total Sales

    Shelly Rainwater
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9993380

Memphis Area Association of REALTORS®

APN: 03-0007-A0-0006

Tennessee Shelby County Memphis 38104 Central Gardens

672 Hotchkiss Ln Unit B, Memphis, TN

This home is located at 672 Hotchkiss Ln Unit B, Memphis, TN 38104 since 11 January 2017 and is currently estimated at $244,081, approximately $174 per square foot. This property was built in 1973. 672 Hotchkiss Ln Unit B is a home located in Shelby County with nearby schools including Bruce Elementary School, Central High School, and Compass Community School Midtown Campus.

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