ParkingStorage Room(s), Garage Door Opener(s), Side-Load Garage, Garage
Year Built1886
HeatingCentral, Multi Unit(s)
CoolingMulti Unit(s), Ceiling Fan(s), Central Air
BasementYes
FireplaceMasonry, In Living Room, In Other Room
MLS #10176939
Lot Size0.39 Acres
StatusActive
About 1863 Cowden Ave
This is the Central Gardens home you have been waiting for! The front porch is perfect for entertaining. Discover historic charm and modern conveniences, such as an updated kitchen with a Wolf stove and wine fridge. Bathrooms are gorgeous! One-year old white oak floors throughout most of the home. Lovely back patio is ideal for parties! Whole house generator, recently constructed 2-car attached garage, and a long private driveway make for easy living! So much charm!
Flooring Type: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Mud Room, Powder/Dressing Room, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
Fireplace: Masonry, In Living Room, In Other Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Exterior: Auto Lawn Sprinkler, Porch, Patio, Historic District, Well Landscaped Grounds, Wood Fence, Sidewalks
Parking Information:
Parking: Storage Room(s), Garage Door Opener(s), Side-Load Garage, Garage
Lot Features
Lot Information:
Lot: Landscaped, Fencing
Lot Size: 0.39 Acres
Utilities
Utilities Information:
Heating: Central, Multi Unit(s)
Cooling: Multi Unit(s), Ceiling Fan(s), Central Air
Other
Directions Information:
Directions: From East Parkway, head east on Central. Go 0.5 Miles. Turn right onto S. Barksdale Street. Turn left onto Cowden Avenue. The home will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $775,000
Tax Information:
Annual Amount: $14,395
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,935
Per Month
Principal & Interest
$3,868
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,390
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Idlewild Elementary School
1950 Linden Ave
Distance between this listing and this school0.42 miles
Public Magnet Grades PK-5
5
/10
Peabody Elementary School
2086 Young Ave
Distance between this listing and this school0.69 miles
Public Magnet Grades PK-5
4
/10
Rozelle Elementary School
993 Roland St
Distance between this listing and this school0.83 miles
Public Magnet Grades PK-5
Nearby Schools
9
/10
Maxine Smith Steam Academy
750 E Parkway S
Distance between this listing and this school1.01 miles
Public District Grades 6-8
5
/10
Bellevue Middle School
575 S Bellevue Blvd
Distance between this listing and this school1.24 miles
Public Magnet Grades 6-8
4
/10
Cummings School
1037 Cummings St
Distance between this listing and this school1.72 miles
Public Magnet Grades PK-8
Nearby Schools
7
/10
Middle College High School
750 E Parkway S
Distance between this listing and this school1.02 miles
Public District Grades 9-12
3
/10
Central High School
306 S Bellevue Blvd
Distance between this listing and this school1.20 miles
Public Magnet Grades 9-12
4
/10
Memphis Academy of Science Engineering Middle/High
1254 Jefferson Ave
Distance between this listing and this school1.53 miles
The neighbors living near this home have an average income of $73,944. The majority of Memphis, TN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1863 Cowden Ave
What is the listing price of this property?
The listing price of 1863 Cowden Ave property is $775,000.
What type of property is this?
The property 1863 Cowden Ave is a house located in Memphis, Tennessee, 38104.
Is this property for sale now?
Active Listing: 1863 Cowden 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 $14,395 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 6, 2016 for $699,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1863 Cowden Ave has 5 bedrooms and 4 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 1863 Cowden Ave is 1886.
This home is located at 1863 Cowden Ave in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1886, sits on a 0.39 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 14, 2024 and is currently priced at $775,000.
In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.