7 months on rocket

1557 Peabody Ave, Memphis, TN, 38104

$945,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
House
Schools Nearby

Location

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1557 Peabody Ave, Memphis$945,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Garage Door Opener(s), Front-Load Garage, Back-Load Garage, Garage
Year Built1910
HeatingCentral, Natural Gas, Multi Unit(s)
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s), Other
FireplaceMasonry, Decorative Only, In Living Room, In Primary Bedroom
MLS #10158130
Lot Size0.32 Acres
StatusActive

About 1557 Peabody Ave

Welcome to this 1910 historical gem in the heart of Central Gardens! Exquisite Victorian with original architectural grandeur preserved - ornate details, wrap-around porches, intricate woodwork, soaring ceilings & elegant crown molding. Updated to modern standards of luxury with a state-of-the-art kitchen open to the keeping room, with French doors overlooking a newly renovated private pool & gorgeous custom patio for outdoor entertaining at its finest. Grand entry hall, turret & spacious rooms.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Summerlin & Associates, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), Walk-In Attic, Rear Stairs to Playroom, Mud Room, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Fireplace: Masonry, Decorative Only, In Living Room, In Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Covered Patio, Historic District, On-Site Storage, Brick/Ironed Fence, Iron Fence

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Front-Load Garage, Back-Load Garage, Garage

Virtual/3D Tour

  • Virtual Tour: 1557 Peabody Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Multi Unit(s)
  • Cooling: Central Air, Ceiling Fan(s), Multi Unit(s), Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Peabody and McLean go west on Peabody. Home is at the corner of Peabody and Willett.

Price Information

Listing Price Info

Price Summary:

  • List Price: $945,000

Tax Information:

  • Annual Amount: $13,740
  • 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

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

1557 Peabody Ave vs Memphis

223 DAYS ON ROCKET

$945,000

+$749.3K More

KEY TAKEAWAY

This property is $749.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10158130

Listing Office:

  • Office Name: Summerlin & Associates, 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: 5/15/2024, 12:20:33 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

Jul 10, 2019Home Sold
$707,980
Nov 08, 2001Home Sold
$440,000
Jun 17, 1998Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,740$189,775
2020$14,290$197,225
2019$14,290$197,225
2018 - $197,225
2017$7,370$216,650

History based on county public records data.

Payment Calculator

$4,784

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,900

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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-970112
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.31 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,403. Most Memphis, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1557 Peabody Ave

What is the listing price of this property?

The listing price of 1557 Peabody Ave property is $945,000.

What type of property is this?

The property 1557 Peabody Ave is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 1557 Peabody Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1557 Peabody Ave 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 $13,740 (source: MLS/based on county public records data).

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

The last sale was on July 10, 2019 for $707,980. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1557 Peabody Ave has 4 bedrooms and 3 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 1557 Peabody Ave is 1910.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1557 Peabody Ave

This home is located at 1557 Peabody Ave in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1910, sits on a 0.32 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $945,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. In April 2024 in Memphis, TN there were 13.1% more homes for sale than in March 2024.

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

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