NOT LISTED FOR SALE

2195 Poplar Ave Unit 602 Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $282,000 - $335,000

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

Last Sold June 10, 2024

Last sale price $340,000 $213 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,982/month

164 Days on Market

Highlights

  • Fitness Center
  • Living Room with Fireplace
  • Community Pool
  • Gated Parking
  • Wood Flooring
  • Covered patio or porch

About This Home

As of June 2024

SELLER WILL PAY HOA fee for 1 YEAR with acceptable offer!!! Welcome home to your 2BR/2BA Park Terrace penthouse. This home offers an updated kitchen with granite countertops as well as updated bathrooms. Custom cabinets, a gas fireplace and the wrap around porch will enhance your living experience. Enjoy amenities such as a pool, gym, TWO assigned parking spaces, and a storage room. Elevate your lifestyle with this meticulously remodeled and thoughtfully designed penthouse retreat!

Last Agent to Sell the Property

Lauren Vinson

Fast Track Realty, LLC License #343119 Listed on: 11/26/2023

Co-Listed By

Christy Palmer

BHHS McLemore & Co., Realty License #351425

Last Buyer's Agent

Stephanie Taylor

Sowell, Realtors License #295151

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1962

Lot Details

  • 1,307

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,442 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Shared Basement
  • Security Gate

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Shared Hot Water

Listing and Financial Details

  • Assessor Parcel Number 028001 A00033

Community Details

Overview

  • Property has a Home Owners Association
  • $676 Maintenance Fee
  • Association fees include some utilities, water/sewer, grounds maintenance, management fees
  • Mid-Rise Condominium
  • Park Terrace Community
  • Park Terrace Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,100

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 746D
  • MAAR Subdivision Name: PARK TERRACE CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 235.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1442
  • Year Built: 1962
  • List Price/ Sq Ft: 242
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Smoke Detector(s), Elevator, Common Basement
  • 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, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer
  • Pool Description: Neighborhood

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Security Gate
  • Water Sewer: Common Hot Water

Association/Amenities

  • Condo Amenities: Exercise Room, On-Site Storage
  • Condo Fees Include: Some Utilities, Water/Sewer, Grounds Maintenance, Management Fees
  • Condominium Association: Yes
  • Condominium Name: Park Terrace
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 676

Lot Info

  • Lot Number: UNIT 602
  • Acreage: 0.03
  • Lot Size: 187 X 229 IRR
  • Price Per Acre: 11631667

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 028001 A00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Jun 1, 2024
Sold by
Fleming Revocable Living Trust and Fleming Gary W
Bought by
Lewis Aimee and Dugan James
Seller's Agent
Lauren Vinson
Fast Track Realty, LLC
Buyer's Agent
Stephanie Taylor
Sowell, Realtors
List Price
$380,000
Sold Price
$340,000
Premium/Discount to List
-$40,000
-10.53%
Views
217
Current Estimated Value
$312,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,821
Avg. Annual Appreciation
-7.15%
Original Mortgage
$201,007
Outstanding Balance
$199,173
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$113,006

Purchase Details

Closed on
Feb 8, 2023
Sold by
Fleming Gary W and Fleming Belinda
Bought by
Fleming Revocable Living Trust

Purchase Details

Closed on
Mar 18, 2016
Sold by
Harris William A and Harris Paula K
Bought by
Fleming Gary W and Fleming Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.65%
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
Lewis Aimee $340,000 None Listed On Document
Fleming Revocable Living Trust -- --
Fleming Gary W $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Aimee $201,007
Previous Owner Fleming Gary W $139,000
Previous Owner Fleming Gary W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $340,000 -2.6% $243 / Sq Ft
04/19/2024 04/19/24 Price Changed $348,950 0.0% $249 / Sq Ft
02/22/2024 02/22/24 Price Changed $349,000 -3.1% $249 / Sq Ft
01/04/2024 01/04/24 Price Changed $360,000 -5.3% $257 / Sq Ft
11/26/2023 11/26/23 For Sale $380,000 -- $271 / 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 $3,100 $81,075 $2,100 $78,975
2024 $3,100 $91,440 $3,360 $88,080
2023 $5,570 $91,440 $3,360 $88,080
2022 $5,570 $91,440 $3,360 $88,080
2021 $5,635 $91,440 $3,360 $88,080
2020 $5,701 $78,680 $3,360 $75,320
2019 $2,515 $78,680 $3,360 $75,320
2018 $2,515 $78,680 $3,360 $75,320
2017 $2,574 $78,680 $3,360 $75,320
2016 $1,517 $34,725 $0 $0
2014 $1,517 $34,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Vinson

    Seller's Agent in 2024

    Lauren Vinson

    Fast Track Realty, LLC

    (901) 870-0192

    3 in this area

    79 Total Sales

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  • Christy Palmer

    Seller Co-Listing Agent in 2024

    Christy Palmer

    BHHS McLemore & Co., Realty

    (901) 602-6459

    2 in this area

    53 Total Sales

    Section Image
  • Stephanie Taylor

    Buyer's Agent in 2024

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    13 in this area

    147 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10161520

Memphis Area Association of REALTORS®

APN: 02-8001-A0-0033

Tennessee Shelby County Memphis 38104 Midtown Memphis

2195 Poplar Ave Unit 602, Memphis, TN

This home is located at 2195 Poplar Ave Unit 602, Memphis, TN 38104 since 26 November 2023 and is currently estimated at $312,179, approximately $195 per square foot. This property was built in 1962. 2195 Poplar Ave Unit 602 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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