NOT LISTED FOR SALE

703 Hotchkiss Ln Unit 703 Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $228,000 - $262,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $255,000 $159 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,471/month

Highlights

  • Gated Parking
  • Gated Community
  • Traditional Architecture
  • Sitting Area In Primary Bedroom
  • Updated Kitchen
  • Wood Flooring

About This Home

As of October 2021

Beautiful condo in the heart of Central Gardens. Rebuilt from the studs in early 2019 for your enjoyment! Gleaming hardwood floors, open kitchen with quartz, spacious rooms, laundry closet, and wood fenced patio. Gated, tree lined community. Nothing like it in Midtown! Check out the video!

Last Agent to Sell the Property

Caleb Hall

Keller Williams License #331554 Listed on: 09/17/2021

Keller Williams

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1973

Lot Details

  • 3,223

Parking

  • Gated Parking

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,467 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Additional Features

  • Patio
  • Wood Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 030007 A00027

Community Details

Overview

  • Property has a Home Owners Association
  • $185 Maintenance Fee
  • Central Gardens Square Condominiums Subdivision

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,626

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MLS Map #: 746G
  • MAAR Subdivision Name: CENTRAL GARDENS SQUARE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 177
  • Number Of Stories: 2
  • Price Per Sq Ft: 173.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1467
  • Year Built: 1973
  • 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, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling
  • Bedrooms: 3
  • Floors/Ceilings: Hardwood Throughout, Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes
  • Neighborhood Amenities: Gated Neighborhood

Fee Information

  • Monthly Maintenance Fee: 185

Lot Info

  • Lot Number: UNIT 703

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 030007 A00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 29, 2021
Sold by
Bakey Leslie M
Bought by
Bakey Leslie M and Leslie Bakey Revocable Trust
Seller's Agent
Caleb Hall
Keller Williams
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%
Current Estimated Value
$250,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,551
Avg. Annual Appreciation
-0.46%
Original Mortgage
$180,000
Outstanding Balance
$165,037
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$85,413

Purchase Details

Closed on
Jun 23, 2009
Sold by
Belvedere Central Llc
Bought by
Pillai Deepa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,210
Interest Rate
4.5%
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
Bakey Leslie M -- None Available
Bakey Leslie M $255,000 Foundation T&E Series Llc
Pillai Deepa S $169,900 Realty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakey Leslie M $180,000
Previous Owner Pillai Deepa S $118,400
Previous Owner Pillai Deepa S $167,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $255,000 -1.9% $182 / Sq Ft
09/17/2021 09/17/21 For Sale $260,000 -- $186 / 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 $1,626 $66,450 $4,050 $62,400
2024 $1,626 $47,975 $4,050 $43,925
2023 $2,922 $47,975 $4,050 $43,925
2022 $2,922 $47,975 $4,050 $43,925
2021 $1,302 $47,975 $4,050 $43,925
2020 $2,708 $37,375 $4,050 $33,325
2019 $1,195 $37,375 $4,050 $33,325
2018 $1,195 $37,375 $4,050 $33,325
2017 $1,223 $37,375 $4,050 $33,325
2016 $1,508 $34,500 $0 $0
2014 $1,508 $34,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Hall

    Seller's Agent in 2021

    Caleb Hall

    Keller Williams

    (901) 550-9021

    1 in this area

    135 Total Sales

    Caleb Hall
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108931

Memphis Area Association of REALTORS®

APN: 03-0007-A0-0027

Tennessee Shelby County Memphis 38104 Central Gardens

703 Hotchkiss Ln Unit 703, Memphis, TN

This home is located at 703 Hotchkiss Ln Unit 703, Memphis, TN 38104 since 17 September 2021 and is currently estimated at $250,449, approximately $156 per square foot. This property was built in 1973. 703 Hotchkiss Ln Unit 703 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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