NOT LISTED FOR SALE

Estimated Value: $267,795 - $330,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
1,307 Sq Ft Lot

Last Sold March 22, 2019

Last sale price $239,000 $149 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,790/month

16 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Soft Contemporary Architecture
  • Gated Parking
  • Wood Flooring
  • Loft

About This Home

As of March 2019

3BR/2BA unit in Park Terrace. Perched in the treetops, this unit has it all for midtown condo living. Updated kitchen & baths w/custom cabinets & granite, hdwd in living areas, carpet in BRs. 3 balconies facing each direction including a 24' wide main balcony facing South-great privacy, with no Poplar Ave noise! Unit has two designated, gated parking spots, private storage closet in basement. Completely secure bldg features common lobby, party rm, gym, pool, & breezeway, w/sec cameras.

Last Agent to Sell the Property

Jake Lawhead

Ware Jones, REALTORS License #296043 Listed on: 01/29/2019

Ware Jones, REALTORS

Last Buyer's Agent

Jake Lawhead

Ware Jones, REALTORS License #296043 Listed on: 01/29/2019

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1962

Lot Details

  • Landscaped

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,477 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Loft

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Detached Garage
  • Carport
  • Circular Driveway
  • Gated Parking
  • Guest Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Shared Heating and Cooling
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $627 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, parking, pest control contract
  • Mid-Rise Condominium
  • Park Terrace Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028001 A00031

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,022

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)
  • Detached Unit Type: General Residential
  • MLS Map #: 746D
  • MAAR Subdivision Name: PARK TERRACE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 162
  • Number Of Stories: 1
  • Price Per Sq Ft: 161.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1477
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Vent Hood/Exhaust Fan, Common Basement
  • Other Rooms: Laundry Closet, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Covered Patio, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Full Basement
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Circular Drive, Gated Parking, Gate Clickers, Parking Lot, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Common Heat System

Association/Amenities

  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Parking, Pest Control Contract
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 627

Lot Info

  • Lot Number: UNIT 508
  • Acreage: 0.03
  • Lot Size: 187 X 229 IRR
  • Price Per Acre: 7966667

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 028001 A00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 22, 2019
Sold by
Jackson Jessica
Bought by
Miller Jackson Treva
Seller's Agent
Jake Lawhead
Ware Jones, REALTORS
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$239,000
Sold Price
$239,000
Current Estimated Value
$298,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,199
Avg. Annual Appreciation
3.49%

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 16, 2014
Sold by
Hall Jerry S
Bought by
Jackson Jessica
Seller's Agent
Tammy Bunnell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Leslie Carter
Ware Jones, REALTORS
List Price
$191,000
Sold Price
$188,000
Premium/Discount to List
-$3,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$148,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2008
Sold by
Park Terrace Of Memphis Llc
Bought by
Hall Jerry S

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
6.01%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Miller Jackson Treva $239,000 Close Trak Closing & Ttl Svc
Jackson Jessica $188,000 Realty Title
Hall Jerry S $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jessica $148,000
Previous Owner Hall Jerry S $100,000
Previous Owner Hall Jerry S $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $239,000 0.0% $171 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $239,000 +27.1% $171 / Sq Ft
05/16/2014 05/16/14 Sold $188,000 -1.6% $104 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $191,000 -- $106 / 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 $2,022 $71,550 $2,150 $69,400
2024 $2,022 $59,650 $2,150 $57,500
2023 $3,634 $59,650 $2,150 $57,500
2022 $3,634 $59,650 $2,150 $57,500
2021 $4,319 $59,650 $2,150 $57,500
2020 $3,677 $50,750 $2,150 $48,600
2019 $1,622 $50,750 $2,150 $48,600
2018 $1,622 $50,750 $2,150 $48,600
2017 $1,660 $50,750 $2,150 $48,600
2016 $1,533 $35,075 $0 $0
2014 $1,533 $35,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10044852

Memphis Area Association of REALTORS®

APN: 02-8001-A0-0031