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507 Peabody Sq, Memphis, TN, 38104

$214,999

Home List Price

$2,553*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse

Location

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507 Peabody Sq, Memphis$214,999

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad, Storage Room(s), Assigned Parking, Designated Guest Parking, Carport
Year Built1969
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceOther (See Remarks)
ViewOther
MLS #10177881
Lot Size0.02 Acres
StatusActive

About 507 Peabody Sq

Peabody Sq Condo w/ pool and parking: UDATED 2Bed/1.5Ba. *REAL Hardwood floors. Updated Double pane windows, Updated bathrooms: vanities, tile, toilets, shower, jacuzzi soak tub. Updated kitchen: cabinets, counters, sink, fixtures and ss appliances. *This unit owns a cover parking space. *Fresh paint (Alabaster White), upstairs carpet just steamed/cleaned. Updated light fixtures, ceiling fans. $310 HOA: pool/house, yard, exterior, roof, water, pest, manage. Conventional loan. ***No Rentals.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Williamsburg
  • Year Built: 1969
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile
  • Interior: All Window Treatments, Pull Down Attic Stairs, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Fireplace: Other (See Remarks)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wrought Iron Security Drs, Storage Building, Pool House, Historic District, Courtyard, On-Site Storage, Well Landscaped Grounds, Wood Fence, Storage, Sidewalks

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), Assigned Parking, Designated Guest Parking, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: McLean to Peabody, go East. Peabody Square Condos are on the South side of Peabody Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,999

Tax Information:

  • Annual Amount: $2,782
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.8K

Med. Price/SqFt

$117

# of Sold Homes

415

507 Peabody Sq vs Memphis

49 DAYS ON ROCKET

$214,999

+$24.1K More

KEY TAKEAWAY

This property is $24.1K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10177881

Listing Office:

  • Office Name: Keller Williams

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: 9/16/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 02, 2000Home Sold
$77,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,782$38,425
2020$2,079$28,700
2019$2,079$28,700
2018$1,180$28,700
2017$1,262$28,700

History based on county public records data.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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.

High School

school-card-donut-2323730
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.90 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,119. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of families are 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 507 Peabody Sq

What is the listing price of this property?

The listing price of 507 Peabody Sq property is $214,999.

What type of property is this?

The property 507 Peabody Sq is a townhouse located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 507 Peabody Sq is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 507 Peabody Sq are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,782 (source: MLS/based on county public records data).

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

The last sale was on June 2, 2000 for $77,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Peabody Sq has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 507 Peabody Sq is 1969.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›507 Peabody Sq

This home is located at 507 Peabody Sq in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1969, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 28, 2024 and is currently priced at $214,999.

Memphis, TN housing market in August 2024 saw over 62 listings sold above listed price, more than 116 sold at listed price and over 237 sold below. In August 2024 in Memphis, TN there were 7.5% more homes for sale than in July 2024.

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

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