NOT LISTED FOR SALE

705 S Belvedere Blvd Unit C Memphis, TN 38104

Central Gardens Neighborhood

Estimated Value: $251,000 - $277,000

2 Beds
2.5 Baths
1,500 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $285,000 $190 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,522/month

5 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Balcony
  • Traditional Architecture
  • 1 Fireplace
  • Patio

About This Home

As of August 2024

Beautifully renovated 2 BD/ 2.5 BA condo in gated community! This professionally designed gem features an open floor plan, hardwood floors, and plantation shutters. The upgraded kitchen is complete with custom cabinets, undermount lighting, granite countertops, a stunning island, and a luxury appliance package complete with Viking and Miele equipment. Large primary bedroom w/ attached sitting room, ensuite, and balcony access overlooking the patio and Belvedere. Low HOA fees & assigned parking!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1973

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Central Gardens Square Condominiums Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 030007 A00029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,979

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 1973
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1500
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Gated
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 030007 A00029
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 14, 2024
Sold by
Seibert Paul Thomas and Seibert Mary Katherine
Bought by
Nair Siddarth Harichand and Nair Deepa
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%
Views
23
Current Estimated Value
$263,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,785
Avg. Annual Appreciation
-6.46%
Original Mortgage
$213,750
Outstanding Balance
$204,037
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$59,178

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 23, 2018
Sold by
Sorrelle Paul H and Sorrelle Susan E
Bought by
Seibert Paul Thomas and Seibert Mary Katherine
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Taylor Waring
Ware Jones, REALTORS
List Price
$189,000
Sold Price
$187,000
Premium/Discount to List
-$2,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 3, 2014
Sold by
Wilson Greg and Wilson Rebecca
Bought by
Sorrelle Paul H and Sorrelle Susan E
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Belvedere Central Llc
Bought by
Wilson Greg and Wilson Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nair Siddarth Harichand $285,000 Home Surety Title & Escrow
Seibert Paul Thomas $187,000 First Natl Financial Title S
Sorrelle Paul H $155,000 Fntg
Wilson Greg $172,500 Ctco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Siddarth Harichand $213,750
Previous Owner Wilson Greg $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $285,000 -1.7% $190 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $290,000 +55.1% $193 / Sq Ft
01/25/2018 01/25/18 Sold $187,000 -1.1% $134 / Sq Ft View Prior Sale
12/30/2017 12/30/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $189,000 +21.9% $135 / Sq Ft
07/03/2014 07/03/14 Sold $155,000 -3.1% $103 / Sq Ft View Prior Sale
06/26/2014 06/26/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $159,900 -- $106 / Sq Ft
Source: Realtracs

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 $1,658 $64,150 $4,050 $60,100
2024 $1,658 $48,900 $4,050 $44,850
2023 $2,979 $48,900 $4,050 $44,850
2022 $2,979 $48,900 $4,050 $44,850
2021 $3,014 $48,900 $4,050 $44,850
2020 $2,708 $37,375 $4,050 $33,325
2019 $2,708 $37,375 $4,050 $33,325
2018 $2,708 $37,375 $4,050 $33,325
2017 $1,536 $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

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Map

Source: Realtracs

MLS Number: 3008024

Realtracs

APN: 03-0007-A0-0029