7 months on rocket

2724 Central Ave, Memphis, TN, 38111

$3,500,000

6 Bedrooms
4 Full Baths, 2 Partial
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Circular Drive, Storage Room(s), Garage Door Opener(s), Gated Parking, Garage
Year Built1929
HeatingCentral, Multi Unit(s)
CoolingCentral Air, Multi Unit(s)
BasementYes
FireplaceIn Living Room, In Den/Great Room, In Primary Bedroom
MLS #10170354
Lot Size3.25 Acres
StatusActive

About 2724 Central Ave

Stunning estate is rare blend of history & modern luxury. Originally built over century ago, its preserved elements now harmoniously coexist w/contemporary design by top architects, creating unique Southern retreat. The property is secured by tall walls & elegant gas-lit entry gates, offering privacy & tranquility. Main house boasts over 8000 sq. ft. w/6 BR's, 4BA's & 2 half BA's & estate includes a 2-bedroom guest house w/vaulted ceilings & an expansive pool house feat.game room, Viking-equipped cooking area & bath. Outdoor amenities include rose garden, garden shed, dog kennels & 3-car garage w/studio aptmt, workshop, bonus rm & exercise rm complete w/bath & steam sauna. The pool area, w/ its waterfall & spa, adds to the allure, all set against beautifully crafted Bluestone. Perfect space for gatherings & multi-generational living, w/room for future expansion on undeveloped land. Mature trees & meticulous landscaping offer serene escape in heart of city! Visit YouTube for full video.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1929
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Collins-Maury

Interior Features

Interior Information:

  • Appliances: Double Oven, Cooktop, Gas Range, Disposal, Dishwasher, Refrigerator, Ice Maker
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Wet Bar, Permanent Attic Stairs, Security System
  • Fireplace: In Living Room, In Den/Great Room, In Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Dog Run, Storage Building, Screen Porch, Patio, Pool House, Hot Tub, Sauna, Garage Apartment, Well Landscaped Grounds, Brick or Stone Fence

Parking Information:

  • Parking: Driveway/Pad, Circular Drive, Storage Room(s), Garage Door Opener(s), Gated Parking, Garage

Virtual/3D Tour

  • Virtual Tour: 2724 Central Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Lot Size: 3.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: From Poplar turn south on Goodlett and immediate right/west onto Central. Take Central just past Chickasaw Gardens - gate is on right, just before the light at Buntyn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $69,117
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

2724 Central Ave vs Memphis

217 DAYS ON ROCKET

$3,500,000

+$3.3M More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10170354

Listing Office:

  • Office Name: Coldwell Banker Collins-Maury

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: 11/22/2024, 3:20:48 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$69,117$954,650

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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.

Nearby Schools

school-card-donut-511911
3
/10
  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 0.82 miles

  • Public Charter Grades KG-5

school-card-donut-511912
4
/10
  • Arrow Academy of Excellence

  • 645 Semmes St

  • 0.88 miles

  • Public Charter Grades KG-5

school-card-donut-511913
3
/10
  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 1.23 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $200,528. Residents of Memphis, TN typically earn $200k+ each year. Most 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 2724 Central Ave

What is the listing price of this property?

The listing price of 2724 Central Ave property is $3,500,000.

What type of property is this?

The property 2724 Central Ave is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 2724 Central 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 $69,117 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2724 Central Ave has 6 bedrooms and 4 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 2724 Central Ave is 1929.
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Rocket Homes›Tennessee›Shelby County›Memphis›38111›2724 Central Ave

This home is located at 2724 Central Ave in Memphis, TN and zip code 38111 in the Fenwick Road neighborhood. This home, which was built in 1929, sits on a 3.25 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $3,500,000.

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.

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