$190,000
SOLD JUN 16, 2022
1 Bed
1 Bath
786 Sq Ft
436 Sq Ft Lot

Recently Sold

$242 Per Sq Ft

4% Above List Price

Highlights

  • Golf Course Community
  • In Ground Pool
  • Updated Kitchen
  • Fitness Center
  • Gated Parking
  • Living Room with Fireplace

About This Home

As of April 2025

The best of the best! Recently renovated 1 BR w/views, location, & amenities! Secure assigned covered parking! Beautiful foyer! Party rm! Exercise rm! Storage rm! In-ground pool! Grill area! Walk to Overton Park w/dog park, Shell concerts, zoo! Walk to movies, restaurants, movies, & live theater! Monthly fee includes maintenance, exter. insurance, pest, but also central heat and air!! Enjoy sunsets and pool and park views! Wash/dry in unit + refrig stay! Quartz in kit. & bth! Custom closet! A+!

Last Agent to Sell the Property

Allen Hamblin

Hobson, REALTORS License #245235 Listed on: 05/16/2022

Last Buyer's Agent

Chris Farm

KAIZEN Realty, LLC License #272197

KAIZEN Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1962

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Detached Garage
  • Carport
  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Wrought Iron Fence
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 028001 A00003

Community Details

Overview

  • Property has a Home Owners Association
  • $373 Maintenance Fee
  • Association fees include some utilities, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • Park Terrace Community
  • Park Terrace Condominiums Subdivision
  • Property managed by EZR Management

Amenities

  • Community Storage Space

Recreation

  • Golf Course Community
  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,120

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories), Upstairs - Flat
  • MLS Map #: 746D
  • MAAR Subdivision Name: PARK TERRACE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 232
  • Number Of Stories: 1
  • Price Per Sq Ft: 241.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 786
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Breakfast Bar, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Common Basement
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Gas Grill, Covered Patio, Balcony
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Full Basement
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Gated Parking, Parking Lot, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Limited Access

Association/Amenities

  • Condo Amenities: Exercise Room, On-Site Storage
  • Condo Fees Include: Some Utilities, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Park Terrace
  • Management Company: EZR Management
  • Neighborhood Amenities: Golf Course

Fee Information

  • Monthly Maintenance Fee: 373

Lot Info

  • Lot Description: Iron Fenced
  • Lot Number: UNIT 203
  • Acreage: 0.01
  • Lot Size: 187 X 229 IRR
  • Price Per Acre: 18200000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 028001 A00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Apr 9, 2025
Sold by
Heil Rachel A
Bought by
Kinninmonth Herbert
Seller's Agent
Hannah Smith
Enterprise, REALTORS
List Price
$182,500
Sold Price
$153,000
Premium/Discount to List
-$29,500
-16.16%
Views
281
Current Estimated Value
$154,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,547
Avg. Annual Appreciation
2.37%

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 16, 2022
Sold by
Robinson Ronnie D and Robinson Stephanie L
Bought by
Heil Rachel A
Seller's Agent
Allen Hamblin
Hobson, REALTORS
Buyer's Agent
Chris Farm
KAIZEN Realty, LLC
List Price
$182,000
Sold Price
$190,000
Premium/Discount to List
$8,000
4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.37%
Original Mortgage
$152,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2015
Closed on
Dec 15, 2015
Sold by
Gatlin Misty Marie
Bought by
Robinson Ronnie P and Robinson Stephanie L
Seller's Agent
Rick White
ChannelWON Realty Network
Buyer's Agent
Rick White
ChannelWON Realty Network
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$103,500
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $153,000 None Listed On Document
Warranty Deed $190,000 Murphy Dezonia & Webb
Warranty Deed $115,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $152,000 New Conventional
Previous Owner $103,500 New Conventional
Previous Owner $115,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $153,000 -4.3% $255 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $159,900 -3.1% $267 / Sq Ft
12/03/2024 12/03/24 Price Changed $165,000 -8.3% $275 / Sq Ft
07/12/2024 07/12/24 Price Changed $179,900 -0.6% $300 / Sq Ft
06/26/2024 06/26/24 Price Changed $180,900 -0.5% $302 / Sq Ft
05/21/2024 05/21/24 Price Changed $181,900 -0.3% $303 / Sq Ft
04/25/2024 04/25/24 For Sale $182,500 -3.9% $304 / Sq Ft
06/16/2022 06/16/22 Sold $190,000 +4.4% $242 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $182,000 -4.2% $232 / Sq Ft
05/16/2022 05/16/22 Off Market $190,000 -- --
12/18/2015 12/18/15 Sold $115,000 -3.4% $1,150 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $119,000 -- $1,190 / 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 $1,120 $42,175 $1,150 $41,025
2024 $1,120 $33,025 $1,150 $31,875
2023 $2,012 $33,025 $1,150 $31,875
2022 $2,012 $33,025 $1,150 $31,875
2021 $1,139 $33,025 $1,150 $31,875
2020 $2,009 $27,725 $1,150 $26,575
2019 $886 $27,725 $1,150 $26,575
2018 $886 $27,725 $1,150 $26,575
2017 $907 $27,725 $1,150 $26,575
2016 $955 $21,850 $0 $0
2014 $955 $21,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124053

Memphis Area Association of REALTORS®

APN: 02-8001-A0-0003