NOT LISTED FOR SALE

1860 Park Trail Dr Unit 5 Germantown, TN 38139

Estimated Value: $342,000 - $363,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $189,900 $95 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,039/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Community Pool
  • Farmington Elementary School Rated A
  • End Unit
  • Some Wood Windows

About This Home

As of August 2015

Relax in this spacious townhouse next to Cameron Brown Park; close to Farmington Elem., Houston Middle & High. End unit, great condition, lots of natural light & neutral colors. L/rm has large bay window, custom mantle, built-in shelves. Huge kitchen with new paint, tile floor/backsplash. New carpet up; wood laminate & tile down. New paint & faucets in all bath. His/her master closets with adjustable shelves/rods. New water heater; HVAC 5 years old. New siding, private patio & neighborhood pool.

Last Agent to Sell the Property

Wendy Quinn

Crye-Leike, Inc., REALTORS License #281272 Listed on: 03/25/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Doug Damico

Crye-Leike, Inc., REALTORS License #302738

Crye-Leike, Inc., REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,951 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Detached Garage
  • Carport
  • Parking Lot

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number G0220B H00005

Community Details

Overview

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Park Place Community
  • Park Place Townhouse Condo Subdivision
  • Property managed by Keith Collins

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,073

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Town House
  • Cross Street: Farmington
  • MLS Map #: 862A
  • MAAR Subdivision Name: PARK PLACE TOWNHOUSE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 97
  • Number Of Stories: 2
  • Price Per Sq Ft: 97.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1951
  • Termite Contract: Yes
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedrooms: 3
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Permanent Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Park Place
  • Management Company: Keith Collins
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 2

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: G0220B H00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Aug 20, 2015
Sold by
Williams Charles D and Williams Brenda J
Bought by
Marking Shannon Davis
Seller's Agent
Wendy Quinn
Crye-Leike, Inc., REALTORS
Buyer's Agent
Doug Damico
Crye-Leike, Inc., REALTORS
List Price
$199,900
Sold Price
$189,900
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$351,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,043
Avg. Annual Appreciation
6.29%
Original Mortgage
$165,000
Outstanding Balance
$130,036
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$221,907

Purchase Details

Closed on
Apr 27, 2007
Sold by
Gulati Hans and Gulati Helen
Bought by
Williams Charles D and Williams Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Taylor George H
Bought by
Gulati Hans and Gulati Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,383
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marking Shannon Davis $189,900 Realty Title & Escrow Co Inc
Williams Charles D $196,000 1St Am Title
Gulati Hans $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marking Shannon Davis $165,000
Previous Owner Williams Charles D $137,000
Previous Owner Gulati Hans $135,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $189,900 -5.0% $106 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $199,900 -- $111 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,073 $88,175 $16,000 $72,175
2024 $562 $61,150 $16,000 $45,150
2023 $867 $16,575 $16,000 $575
2022 $3,131 $61,150 $16,000 $45,150
2021 $3,136 $61,150 $16,000 $45,150
2020 $2,907 $47,400 $16,000 $31,400
2019 $1,920 $47,400 $16,000 $31,400
2018 $1,920 $47,400 $16,000 $31,400
2017 $1,948 $47,400 $16,000 $31,400
2016 $1,803 $41,250 $0 $0
2014 $1,803 $41,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Quinn

    Seller's Agent in 2015

    Wendy Quinn

    Crye-Leike

    (901) 335-1808

    9 in this area

    39 Total Sales

    Wendy Quinn
    Section Image
  • Doug Damico

    Buyer's Agent in 2015

    Doug Damico

    Crye-Leike

    (901) 356-4856

    2 in this area

    79 Total Sales

    Doug Damico
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947964

Memphis Area Association of REALTORS®

APN: G0-220B-H0-0005

Tennessee Shelby County Germantown 38139

1860 Park Trail Dr Unit 5, Germantown, TN

This home is located at 1860 Park Trail Dr Unit 5, Germantown, TN 38139 since 25 March 2015 and is currently estimated at $351,943, approximately $176 per square foot. This property was built in 1981. 1860 Park Trail Dr Unit 5 is a home located in Shelby County with nearby schools including Farmington Elementary School, Houston Middle School, and Houston High School.

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