NOT LISTED FOR SALE

2195 Poplar Ave Unit 505 Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $362,424 - $404,000

2 Beds
2 Baths
1,800-1,999 Sq Ft
1,742 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $359,900 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,324/month

2 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Updated Kitchen
  • In Ground Pool
  • Two Primary Bedrooms
  • Two Primary Bathrooms

About This Home

As of April 2021

Beautiful Sophisticated Building with Classic Modern Design. "5th Floor Penthouse" of Park Terrace. Renovated Kitchen & Baths with Granite, Travertine, Viking Refrigerator & Dishwasher. Killer Master Suite with Double Size Shower and Double Vanity. 2 Custom Walk-in Closets in Master Bedroom. Separate Office and Large Balcony w/ Floor to Ceiling Windows. Built Ins in the Living Room. Open Concept with a West Facing 2nd Balcony off of the Living Space. 2 Parking Spaces. One is Covered.

Last Agent to Sell the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 03/05/2021

Last Buyer's Agent

Jon Dickens

The Firm License #304275

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 1965

Lot Details

  • Wrought Iron Fence
  • Landscaped Professionally

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,910 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Home Office
  • Loft
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Carport
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Upper Level

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Shared Hot Water

Listing and Financial Details

  • Assessor Parcel Number 028001 A00029

Community Details

Overview

  • Property has a Home Owners Association
  • $808 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Park Terrace Condos Community
  • Park Terrace Condominiums Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,754

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories), Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 746D
  • MAAR Subdivision Name: PARK TERRACE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 188
  • Number Of Stories: 1
  • Price Per Sq Ft: 188.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1910
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Master Down, Two Masters, Luxury Master Bath, Double Vanity Bath, 2 Full Master Baths
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 17x15
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator
  • Other Rooms: Laundry Room, Office/Sewing Room, Loft/Balcony, Storage Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Balcony, Storage, Sidewalks, Iron Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s), Gated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Electric
  • Water Sewer: Public Water, Common Hot Water

Association/Amenities

  • Condo Amenities: Exercise Room, On-Site Storage
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Park Terrace Condos
  • Management Company: Wright Property Mgmt

Fee Information

  • Monthly Maintenance Fee: 808

Lot Info

  • Lot Description: Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 505
  • Acreage: 0.04
  • Lot Size: 187 X 229 IRR
  • Price Per Acre: 8997500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 028001 A00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 29, 2021
Sold by
Dickerson L M L and Dickerson N L
Bought by
Bailey Wendy J
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Jon Dickens
The Firm
List Price
$359,900
Sold Price
$359,900
Current Estimated Value
$382,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,453
Avg. Annual Appreciation
1.99%
Original Mortgage
$323,910
Outstanding Balance
$295,408
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$96,166

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 29, 2019
Sold by
Pruitt Grayson A
Bought by
Dickerson Lm and Dickerson Ln
Seller's Agent
Jake Lawhead
Ware Jones, REALTORS
Buyer's Agent
Kendall Haney
901 Real Estate Services
List Price
$339,000
Sold Price
$329,000
Premium/Discount to List
-$10,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$296,100
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2016
Closed on
Mar 18, 2016
Sold by
Franklin Desiree M
Bought by
Pruitt Grayson A and Pruitt Rachel M
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Angie Kirkpatrick
Crye-Leike, Inc., REALTORS
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$242,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Lawhead Frances K and Lawhead Jacob G
Bought by
Franklin Desiree M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Park Terrace Of Memphis Llc
Bought by
Lawhead Frances K and Lawhead Jacob G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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
Bailey Wendy J $359,900 None Available
Dickerson Lm $329,000 Delta Title Services Llc
Pruitt Grayson A $255,000 Home Surety Title & Escrow L
Franklin Desiree M $225,000 None Available
Lawhead Frances K $187,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Wendy J $323,910
Previous Owner Dickerson Lm $296,100
Previous Owner Pruitt Grayson A $242,250
Previous Owner Franklin Desiree M $180,000
Previous Owner Lawhead Frances K $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $359,900 0.0% $200 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $359,900 +9.4% $200 / Sq Ft
07/31/2019 07/31/19 Sold $329,000 -2.9% $183 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $339,000 +32.9% $188 / Sq Ft
03/15/2016 03/15/16 Sold $255,000 0.0% $134 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $255,000 -- $134 / 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 $2,754 $102,975 $2,775 $100,200
2024 $2,754 $81,250 $2,775 $78,475
2023 $4,949 $81,250 $2,775 $78,475
2022 $4,949 $81,250 $2,775 $78,475
2021 $2,803 $81,250 $2,775 $78,475
2020 $4,619 $63,750 $2,775 $60,975
2019 $2,037 $63,750 $2,775 $60,975
2018 $2,037 $63,750 $2,775 $60,975
2017 $2,337 $71,450 $2,775 $68,675
2016 $1,941 $44,425 $0 $0
2014 $1,941 $44,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Haney

    Seller's Agent in 2021

    Kendall Haney

    901 Real Estate Services

    (901) 218-8887

    5 in this area

    97 Total Sales

    Section Image
  • Jon Dickens

    Buyer's Agent in 2021

    Jon Dickens

    The Firm

    (901) 496-5702

    2 in this area

    319 Total Sales

    Section Image
  • Jake Lawhead

    Seller's Agent in 2019

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    4 in this area

    42 Total Sales

    Section Image

  • N

    Seller's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Angie Kirkpatrick

    Buyer's Agent in 2016

    Angie Kirkpatrick

    Crye-Leike

    (901) 359-1000

    5 in this area

    54 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094553

Memphis Area Association of REALTORS®

APN: 02-8001-A0-0029

Tennessee Shelby County Memphis 38104 Midtown Memphis

2195 Poplar Ave Unit 505, Memphis, TN

This home is located at 2195 Poplar Ave Unit 505, Memphis, TN 38104 since 05 March 2021 and is currently estimated at $377,856, approximately $189 per square foot. This property was built in 1965. 2195 Poplar Ave Unit 505 is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Binghampton Campus.

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