Sold for $400,000

Zestimate^®

$400,000

1412 Peabody Ave, Memphis, TN 38104

3beds

2,636sqft

Single Family Residence

Built in 1921

0.26 Acres Lot

$400,000 Zestimate^®

$152/sqft

$2,610 Estimated rent

Home value

$400,000

$380,000 - $420,000

$2,610/mo

Zestimate^® history

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$2,509/mo

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$2,509/mo

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What's special

Private rear gardenWalled for privacyDistinguished italianate-style limestone residenceWide openingsElectric gated entranceGraciously proportioned roomsStunning winding staircase

Distinguished Italianate-style limestone residence, designed in 1921 by renowned Memphis architects Mahan & Broadwell. Nestled in the heart of the historic Central Gardens district along the Peabody bike lane, the home enjoys an unbeatable location convenient to the Medical District, Overton Square, & Cooper-Young. Inside, graciously proportioned rooms flow beautifully through wide openings & elegant French doors, creating an ideal setting for everyday living & entertaining. The updtd kitch features ss appls & a generous pantry for added storage & functionality. A stunning winding staircase leads to the upper level, where you’ll find 2 BRs & a charming study. The private rear garden is a true retreat—walled for privacy & accessed through an electric gated entrance. Tucked within the garden is a separate 2-BR guest cottage w/ a spacious open living area, offering exceptional flexibility as a guest house, studio, or income-producing producing rental!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Features: Hardwood Floor
Level: Second
Area: 270
Dimensions: 18 x 15

Bedroom 2

Features: Hardwood Floor, Shared Bath
Level: Second
Area: 270
Dimensions: 18 x 15

Dining room

Features: Separate Dining Room
Area: 324
Dimensions: 18 x 18

Kitchen

Features: Pantry, Separate Breakfast Room, Updated/Renovated Kitchen
Area: 270
Dimensions: 18 x 15

Living room

Features: Separate Living Room
Area: 384
Dimensions: 16 x 24

Office

Area: 108
Dimensions: 12 x 9

Den

Area: 180
Dimensions: 12 x 15

Heating

Radiator

Cooling

Central Air

Appliances

Included: Gas Water Heater, Dishwasher, Disposal, Range/Oven

Features

Half Bath Down, Separate Tub & Shower, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet, Part Hardwood
Has fireplace: No

Interior area

Total interior livable area: 2,636 sqft

Property

Parking

Parking features: Driveway/Pad, Gated
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch, Patio
Pool features: None
Fencing: Brick/Stone Fenced,Wood,Wood Fence

Lot

Size: 0.26 Acres
Dimensions: 77 x 150
Features: Level

Details

Additional structures: Guest House
Parcel number: 016013 00010

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Stone
Roof: Composition Shingles

Condition

New construction: No
Year built: 1921

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Security System, Burglar Alarm
Subdivision: Merriman

Location

Region: Memphis

Financial & listing details

Price per square foot: $152/sqft
Tax assessed value: $460,100
Annual tax amount: $6,063
Price range: $400K - $400K
Date on market: 12/10/2025
Cumulative days on market: 191 days
Listing terms: Conventional

Price history

Date	Event	Price
7/16/2026	Sold	$400,000-10.9%$152/sqft
Source: MAAR #10211069 Report a problem
6/19/2026	Pending sale	$449,000$170/sqft
Source: MAAR #10211069 Report a problem
6/3/2026	Price change	$449,000-5.5%$170/sqft
Source: MAAR #10211069 Report a problem
5/2/2026	Price change	$475,000-1.9%$180/sqft
Source: MAAR #10211069 Report a problem
3/25/2026	Price change	$484,000-1%$184/sqft
Source: MAAR #10211069 Report a problem
1/10/2026	Price change	$489,000-2%$186/sqft
Source: MAAR #10211069 Report a problem
12/10/2025	Listed for sale	$499,000+250.2%$189/sqft
Source: MAAR #10211069 Report a problem
4/16/1997	Sold	$142,500$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,063 -18.1%	$115,025 +2.3%
2024	$7,405 +8.1%	$112,450
2023	$6,850	$112,450
2022	--	$112,450 -13.5%
2021	--	$130,050 +25%
2020	$3,325	$104,025
2019	$3,325 -21.1%	$104,025
2018	$4,213 -45.1%	$104,025
2017	$7,679 +174.6%	$104,025 +26.5%
2016	$2,796 -17.3%	$82,250
2014	$3,381	$82,250
2013	--	$82,250 -22.4%
2012	--	$106,025
2011	--	$106,025
2010	--	$106,025
2009	--	$106,025 +14.7%
2008	--	$92,425
2007	--	$92,425
2006	--	$92,425
2005	--	$92,425 +41.3%
2004	--	$65,425
2003	--	$65,425
2002	--	$65,425
2001	--	$65,425 +17%
2000	--	$55,900