$199,900
$20K PRICE DROP

Estimated payment $1,198/month

Total Views 5,467
2 Beds
2 Baths
1,000-1,199 Sq Ft
$167 Price per Sq Ft

Highlights

  • Fitness Center
  • Updated Kitchen
  • Contemporary Architecture
  • Gated Community
  • Clubhouse
  • Wood Flooring

About This Home

Awesome mid-century style condo on the 4th floor, located right across from Overton Park. This home has been completely renovated with new LVP flooring, fresh paint & new appliances. The unit offers great natural lighting with a wall of windows in the living room and park views from the balcony. 2 bedrooms & 2 full bathrooms. The kitchen has been updated with stained cabinets, Quartz countertops, and new stainless steel appliances that will remain with the unit. For convenience, there's a laundry unit right in the condo, a large living room and dining room combo, and great closet space. Building amenities include a gunite pool, a gym, and a storage unit in the basement. The HOA covers all utilities except electricity, which means super low utility costs! It comes with one covered parking spot inside the gate along side the building.

Listing Agent

Hannah Smith

Enterprise, REALTORS License #307528 Listed on: 07/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1965

Lot Details

  • Wrought Iron Fence
  • Brick Fence
  • Landscaped

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,095 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Aluminum Window Frames
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Covered Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Shared Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 028001 A00021

Community Details

Overview

  • Property has a Home Owners Association
  • $554 Maintenance Fee
  • Association fees include some utilities, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • 36 Units
  • Mid-Rise Condominium
  • Park Terrace Community
  • Park Terrace Condominiums Subdivision
  • Property managed by Wright

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,594

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: Cooper
  • MLS Map #: 746D
  • MAAR Subdivision Name: PARK TERRACE CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1095
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s)
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Nbrhd Recreation Facility, On-Site Storage, Balcony, Well Landscaped Grounds, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Pool Description: Neighborhood

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Common Cooling System
  • Heating: Common Heat System
  • Water Sewer: Public Water, Public Sewer

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
  • Condominium Association: Yes
  • Condominium Name: Park Terrace
  • Management Company: Wright
  • Neighborhood Amenities: Club House, Gated Neighborhood, Pool

Fee Information

  • Monthly Maintenance Fee: 554

Lot Info

  • Lot Description: Landscaped, Iron Fenced
  • Lot Number: UNIT 405
  • Acreage: 0.02
  • Lot Size: 187 X 229 IRR
  • Price Per Acre: 9995000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 028001 A00021

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,594 $58,725 $1,600 $57,125
2024 $1,594 $47,025 $1,600 $45,425
2023 $2,865 $47,025 $1,600 $45,425
2022 $2,865 $47,025 $1,600 $45,425
2021 $2,898 $47,025 $1,600 $45,425
2020 $2,837 $39,150 $1,600 $37,550
2019 $1,251 $39,150 $1,600 $37,550
2018 $1,251 $39,150 $1,600 $37,550
2017 $1,281 $39,150 $1,600 $37,550
2016 $1,141 $26,100 $0 $0
2014 $1,141 $26,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $199,900 -2.5% $200 / Sq Ft
08/14/2025 08/14/25 Price Changed $205,000 -4.6% $205 / Sq Ft
08/07/2025 08/07/25 Price Changed $214,900 -2.3% $215 / Sq Ft
07/25/2025 07/25/25 For Sale $220,000 -- $220 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Quality Title Group
Warranty Deed $169,000 None Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10202081

Memphis Area Association of REALTORS®

APN: 02-8001-A0-0021