NOT LISTED FOR SALE

1258 Peabody Ave Memphis, TN 38104

Annesdale Neighborhood

Estimated Value: $558,000 - $703,000

9 Beds
8 Baths
5,474 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $625,000 $114 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,194/month

About This Home

As of October 2021

Great income producing property. Six unit apartment currently being rented as short term rentals. Total monthly rent is estimated around $6,800. Great chance to own a beautiful historic property with income earning potential. Unit 1 two bed two bath. Unit 2 two bed two bath. Unit 3 one bed one bath. Unit 4 one bed one bath. Unit 5 two bed one bath. Unit 6 one bed one bath. Property is 6,730 square feet per recent measurement by licensed appraiser.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Oct 8, 2021
Sold by
Jk101 Llc
Bought by
Getty Lloyd L and Getty Jennifer L
Seller's Agent
Jack Inman
Long Term Invest Mngt
Buyer's Agent
Jack Inman
Long Term Invest Mngt
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Current Estimated Value
$637,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,879
Avg. Annual Appreciation
0.58%
Original Mortgage
$510,919
Outstanding Balance
$411,658
Interest Rate
2.23%
Mortgage Type
Commercial
Estimated Equity
$226,221

Purchase Details

Listed on
Oct 21, 2019
Closed on
Mar 3, 2020
Sold by
Vu Steven Paul and Ha Jesen
Bought by
Jk101 Llc
Seller's Agent
Curtis Braden, CCIM
Braden, Braden & Braden LLC
Buyer's Agent
Jack Inman
Long Term Invest Mngt
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.04%
Original Mortgage
$480,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2019
Sold by
Community Housing Development Llc
Bought by
Jesen Vu Steven Paul and Jesen Ha

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 15, 2018
Sold by
Regions Bank
Bought by
Community Housing Development Llc
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Malcolm Wilson
eXp Realty, LLC
List Price
$269,900
Sold Price
$247,500
Premium/Discount to List
-$22,400
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$198,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2017
Sold by
Murphy William H
Bought by
Regions Bank

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Getty Lloyd L $615,000 Memphis Title Company
Jk101 Llc $320,000 Coventry Escrow & Ttl Co Llc
Jesen Vu Steven Paul $80,000 Baymark Title & Escrow Svcs
Community Housing Development Llc $247,500 Baymark Title
Regions Bank $247,832 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getty Lloyd L $510,919
Previous Owner Jk101 Llc $480,000
Previous Owner Community Housing Development Llc $198,000
Previous Owner Murphy William H $250,000
Previous Owner Murphy William H $225,000
Previous Owner Murphy William H $175,000
Previous Owner Murphy William H $100,000
Previous Owner Murphy William H $54,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $625,000 -3.8% $104 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
06/25/2021 06/25/21 Price Changed $650,000 -7.0% $108 / Sq Ft
04/15/2021 04/15/21 For Sale $699,000 +118.4% $117 / Sq Ft
03/03/2020 03/03/20 Sold $320,000 -24.7% $89 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
10/23/2019 10/23/19 Price Changed $425,000 +6.5% $118 / Sq Ft
10/21/2019 10/21/19 For Sale $399,000 +61.2% $111 / Sq Ft
10/15/2018 10/15/18 Sold $247,500 -8.3% $65 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $269,900 -- $71 / Sq Ft

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
2024 -- $124,850 $16,225 $108,625
2023 $7,605 $124,850 $16,225 $108,625
2022 $7,605 $124,850 $16,225 $108,625
2021 $5,902 $81,525 $16,225 $65,300
2020 $6,096 $84,125 $16,225 $67,900
2019 $2,689 $84,125 $16,225 $67,900
2018 $2,689 $84,125 $16,225 $67,900
2017 $2,752 $84,125 $16,225 $67,900
2016 $3,055 $69,900 $0 $0
2014 $3,055 $69,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jack Inman

    Long Term Invest Mngt

    (901) 351-3331

    Section Image
  • Curtis Braden, CCIM

    Seller's Agent in 2020

    Curtis Braden, CCIM

    Braden, Braden & Braden LLC

    (901) 323-1925

    25 Total Sales

    Curtis Braden, CCIM
    Section Image
  • Traci Braden

    Seller Co-Listing Agent in 2020

    Traci Braden

    Braden, Braden & Braden LLC

    (901) 830-6632

    15 Total Sales

    Traci Braden
    Section Image
  • Carol Stout

    Seller's Agent in 2018

    Carol Stout

    Ware Jones, REALTORS

    (901) 652-4517

    1 in this area

    28 Total Sales

    Carol Stout
    Section Image

  • M

    Buyer's Agent in 2018

    Malcolm Wilson

    eXp Realty, LLC

    Section Image
See All Agents

Map

Tennessee Shelby County Memphis 38104 Annesdale

1258 Peabody Ave, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 1258 Peabody Ave, Memphis, TN 38104 and is currently estimated at $637,879, approximately $116 per square foot. 1258 Peabody Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Bellevue Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.