2 months on rocket

1347 Peabody Ave, Memphis, TN, 38104

$649,900

Home List Price

$7,718*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
House

Location

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1347 Peabody Ave, Memphis$649,900

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGated Parking, Gate Clickers
Year Built1902
HeatingCentral
CoolingCentral Air
BasementYes
ViewOther
MLS #10182362
Lot Size0.19 Acres
StatusActive

About 1347 Peabody Ave

Home or Potential Income - Central Gardens home and Carriage House! This home has been well cared for and the historical character preserved. Large front porch for a relaxing evening as well as the fenced yard for the private backyard party. Large welcoming foyer with a two way staircase to the upper floors. Wonderful front parlor and beautiful formal dining space. The kitchen has fabulous upgraded appliances and is ready for the chef to just take over. The second floor features 4 bedrooms and 2 bathrooms all that are updated and well maintained. The 3rd floor attic is well lit and welcoming and features a half bath so it could be bedroom or bonus space. ALSO A carriage/guest house out back - Rent it! Or Live in it! This space was recently taken back to the studs and updated. New bathrooms on both floors and all new kitchen cabinets and appliances. Home currently being used as an AirBnB owner lives in Carriage house. Can be sold Furnished. Basement Storage too

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Victorian
  • Year Built: 1902
  • Stories: 3

Listing Office:

  • Office Name: Marx-Bensdorf, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood Throughout
  • Interior: All Window Treatments, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wrought Iron Security Drs, Porch, Garage Apartment

Parking Information:

  • Parking: Gated Parking, Gate Clickers

Lot Features

Lot Information:

  • Lot: Level, Landscaped, Fencing
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Home located at the corner of Cleveland and Peabody.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,900

Tax Information:

  • Annual Amount: $9,251
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

1347 Peabody Ave vs Memphis

77 DAYS ON ROCKET

$649,900

+$466.9K More

KEY TAKEAWAY

This property is $466.9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10182362

Listing Office:

  • Office Name: Marx-Bensdorf, REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2021Home Sold
$535,000
Apr 02, 2015Home Sold
$272,600
Sep 18, 2001Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,251$127,775
2020$4,936$68,125
2019$4,936$68,125
2018$4,195$68,125
2017$3,241$102,075

History based on county public records data.

Payment Calculator

$3,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4378318
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-4378319
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 1.01 miles

  • Public Magnet Grades PK-5

school-card-donut-4378320
8
/10

  • Idlewild Elementary School

  • 1950 Linden Ave

  • 1.11 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,365. Most Memphis, TN residents have annual incomes between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1347 Peabody Ave

What is the listing price of this property?

The listing price of 1347 Peabody Ave property is $649,900.

What type of property is this?

The property 1347 Peabody Ave is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 1347 Peabody Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,251 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2021 for $535,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1347 Peabody Ave has 4 bedrooms and 2 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 1347 Peabody Ave is 1902.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1347 Peabody Ave

This home is located at 1347 Peabody Ave in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1902, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $649,900.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. The number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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