Location: Midtown
516 Peabody Square is a fabulous renovated condo in the Peabody Square Condominium Development, just a short drive away from the Medical District, Cooper-Young, Downtown, and East Memphis. Note that there is no for sale sign at the property.
This condo has two bedrooms and a Jack-and-Jill bathroom upstairs. The downstairs has a spacious living room, a half bath, separate laundry area and an eat in kitchen.
The kitchen has been updated with granite countertops, a new stainless steel vent-a-hood, new stainless steel appliances, and new light fixtures.
The condo has new laminate flooring in the living room, tile in the kitchen and dining area, and brand new carpet upstairs.
The whole unit was recently painted with a neutral, yet warm color. There is central heating and air and the water heater is about a year old.
This condo is in a very quiet development that has a well-managed HOA. The neighbors are friendly and really care about the development.
The condo has one parking space and there is additional visitor parking in the development. The development has the following amenities:
* Outdoor swimming pool
* Clubhouse with kitchen
* Clubhouse with baths
* Courtyard
* Private Patio
The HOA fee is $275/month and includes the following:
* Water/sewer
* Trash collection
* Grounds maintenance and landscaping
* Swimming pool upkeep
* Exterior and roof upkeep
* Management fees
* Insurance (exterior)
* Reserve Fund
* Parking
* Pest Control
The price is $149,900, and it includes a one year home warranty.
If you are NOT working with a real estate agent and do not intend to use one, please use the self-scheduling feature to request a showing of this great unit at https://showmojo.com/l/d9ffe68065
Attention real estate agents: we will co-op. Please call (901) 273-0334 x6 for instructions on how to show this property to your clients.
Sold for $205,000
$205,000
516 Peabody Sq, Memphis, TN 38104
2beds
1,320sqft
Condo
Built in 1969
-- sqft lot
$201,100 Zestimate®
$155/sqft
$1,547 Estimated rent
Home value
$201,100
$187,000 - $217,000
$1,547/mo
Zestimate® history
Owner options
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$1,547/mo
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$1,547/mo
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$1,676/mo
Est. payment
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$1,676/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 1,320 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 1,451 Square Feet
Details
- Parcel number: 016049A00025
Construction
Type & style
- Home type: Condo
Materials
- masonry
- Foundation: Masonry
- Roof: Other
Condition
- Year built: 1969
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $275 monthly
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $215,300
- Annual tax amount: $2,837
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $205,000-6.4%$155/sqft |
Source: Public Record Report a problem | ||
| 4/13/2023 | Sold | $219,000+38.6%$166/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/27/2020 | Sold | $158,000+5.3%$120/sqft |
Source: Public Record Report a problem | ||
| 11/13/2017 | Sold | $150,000+0.1%$114/sqft |
Source: Public Record Report a problem | ||
| 8/24/2017 | Listed for sale | $149,900+36.3%$114/sqft |
Source: Owner Report a problem | ||
| 4/18/2017 | Sold | $110,000-4.3%$83/sqft |
Source: Public Record Report a problem | ||
| 10/9/2015 | Listing removed | $995$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 9/30/2015 | Listed for rent | $995$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 1/17/2014 | Listing removed | $115,000$87/sqft |
Source: The Driver Team, LLC dba All Stars Realty #3279168 Report a problem | ||
| 8/19/2013 | Listed for sale | $115,000-1.7%$87/sqft |
Source: All Stars Realty #3279168 Report a problem | ||
| 5/3/2011 | Sold | $117,000-4.1%$89/sqft |
Source: Public Record Report a problem | ||
| 2/17/2011 | Listed for sale | $122,000+3.8%$92/sqft |
Source: Marx & Bensdorf Real Estate & Investment Co. #3217407 Report a problem | ||
| 6/19/2010 | Listing removed | $117,500$89/sqft |
Source: Hobson Realtors #3196789 Report a problem | ||
| 6/11/2010 | Listed for sale | $117,500+0.4%$89/sqft |
Source: Hobson Realtors #3196789 Report a problem | ||
| 4/9/2007 | Sold | $117,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,837 +8% | $53,825 +34.9% |
| 2024 | $2,628 +8.1% | $39,900 |
| 2023 | $2,431 | $39,900 |
| 2022 | -- | $39,900 |
| 2021 | -- | $39,900 +39% |
| 2020 | $917 | $28,700 |
| 2019 | $917 -21.1% | $28,700 |
| 2018 | $1,162 -45.1% | $28,700 |
| 2017 | $2,118 +115.8% | $28,700 -0.6% |
| 2016 | $982 +5.3% | $28,875 |
| 2014 | $933 | $28,875 |
| 2013 | -- | $28,875 -1.3% |
| 2012 | -- | $29,250 |
| 2011 | -- | $29,250 |
| 2010 | -- | $29,250 |
| 2009 | -- | $29,250 +10.4% |
| 2008 | -- | $26,500 |
| 2007 | -- | $26,500 |
| 2006 | -- | $26,500 |
| 2005 | -- | $26,500 +52.5% |
| 2004 | -- | $17,375 |
| 2003 | -- | $17,375 |
| 2002 | -- | $17,375 |
| 2001 | -- | $17,375 +8.9% |
| 2000 | -- | $15,950 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 8/10Idlewild Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Hanley K-8Grades: PK-8Distance: 0.6 mi
- 4/10Central High SchoolGrades: 9-12Distance: 1.2 mi
Sell for more on Zillow
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$201,100
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+$4,022
With Zillow Showcase(estimated)
$205,122
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$201,100
2% more
+$4,022
With Zillow Showcase(estimated)
$205,122
- Tennessee
- Shelby County
- Memphis
- 38104
- Midtown
- 516 Peabody Sq