NOT LISTED FOR SALE

1860 Park Trail Dr Unit 5 Germantown, TN 38139

Estimated Value: $337,000 - $368,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$175/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 $2,141/month

103 Days on Market

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%
Total Days on Market
103
Current Estimated Value
$350,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,637
Avg. Annual Appreciation
6.45%
Original Mortgage
$165,000
Outstanding Balance
$131,436
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$219,101

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

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Range of Values:

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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 $6,221
Open Marking Shannon Davis $165,000
Previous Owner Williams Charles D $72,800
Previous Owner Williams Charles D $118,133
Previous Owner Williams Charles D $123,000
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947964

Memphis Area Association of REALTORS®

APN: G0-220B-H0-0005