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1625 Peabody Ave, Memphis, TN, 38104

$399,000

Home List Price

$4,738*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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1625 Peabody Ave, Memphis$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1910
HeatingOther
CoolingOther
MLS #10183855
Lot Size0.23 Acres
StatusActive

About 1625 Peabody Ave

Introducing the deal of the century, worth double renovated- a charming,historic gem surrounded by luxury homes in the heart of Midtown! This beautiful home blends timeless character with modern convenience, offering an unmatched lifestyle in one of the city’s most sought-after neighborhoods.Amazing architectural charm-high ceilings, original hardwood floors, and elegant moldings bring the history of this home to life,spacious layout with generous living spaces, a formal dining room, large bedrooms create the opportunity for an amazing reno! This home offers the perfect balance of intimacy and open space for entertaining. Imagine an updated Kitchen with fully renovated stainless steel appliances, granite countertops, and custom cabinetry, the kitchen could be a dream! The private backyard and deck provide a tranquil retreat, ideal for hosting BBQs or enjoying peaceful evenings. Prime location near Overton Square, Cooper-Young, and the Memphis Medical District!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1910
  • Stories: 2

Listing Office:

  • Office Name: Emmett Baird Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Walnut Grove, left on S McLean Blvd., right on Peabody Ave. Home is on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000

Tax Information:

  • Annual Amount: $10,826
  • 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

1625 Peabody Ave vs Memphis

55 DAYS ON ROCKET

$399,000

+$216K More

KEY TAKEAWAY

This property is $216K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10183855

Listing Office:

  • Office Name: Emmett Baird Realty, LLC

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, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,826$149,525
2020$8,890$122,700
2019$8,890$122,700
2018$5,043$122,700
2017$4,751$122,700

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-4303080
8
/10

  • Idlewild Elementary School

  • 1950 Linden Ave

  • 0.61 miles

  • Public Magnet Grades PK-5

school-card-donut-4303081
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-4303082
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.91 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 $118,403. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1625 Peabody Ave

What is the listing price of this property?

The listing price of 1625 Peabody Ave property is $399,000.

What type of property is this?

The property 1625 Peabody Ave is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 1625 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 $10,826 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1625 Peabody Ave has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1625 Peabody Ave is 1910.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1625 Peabody Ave

This home is located at 1625 Peabody Ave in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1910, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $399,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. 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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