NOT LISTED FOR SALE

3520 Central Ave Unit 205 Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $314,830 - $361,000

2 Beds
2.5 Baths
1,600-1,799 Sq Ft
1,742 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $322,500 $179 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,929/month

111 Days on Market

Highlights

  • Gated Parking
  • Two Primary Bedrooms
  • Landscaped Professionally
  • White Station High Rated A
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of June 2024

Fabulous luxury condo in excellent desirable THE LAURELS! The best floor plan with 9 foot smooth ceilings with crown molding, hardwood floors, plantation shutters, excellent cabinetry, newer stainless appliances, washer dryer and refrigerator can stay. Very open living, dining and kitchen with wall of windows overlooking balcony and pool! 2 private bedroom suites with walk in closets and private baths! Separate tub and shower and double vanity in primary. MOVE IN READY! Granite, travertine.

Last Agent to Sell the Property

Sally Isom

Coldwell Banker Collins-Maury License #264419 Listed on: 02/07/2024

Coldwell Banker Collins-Maury

Last Buyer's Agent

Katherine Nichols Cook

Marx-Bensdorf, REALTORS License #282062

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Dog Run
  • Wrought Iron Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,717 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Security Gate

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Guest Parking
  • Unassigned Parking

Outdoor Features

  • Pool Equipment or Cover
  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number !!044056 A00015

Community Details

Overview

  • Property has a Home Owners Association
  • $463 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, reserve fund, parking
  • Mid-Rise Condominium
  • The Laurels Community
  • Laurels Condominiums The Subdivision

Amenities

  • Trash Chute
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Hghland
  • MAAR Subdivision Name: THE LAURELS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1717
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Great Room, LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Elevator, Trash Chute
  • Other Rooms: Laundry Room, Entry Hall, Storage Room
  • Primary Bathroom Description: Double Sinks, Separate Shower, 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: Auto Lawn Sprinkler, Pool Cleaning Equipment, B-B-Q Pit, Dog Run, Patio, Balcony, Well Landscaped Grounds, Pet Area, Sidewalks, Iron Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Pool Description: Neighborhood

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Gated Parking, Assigned Parking, Unassigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: On-Site Storage
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: The Laurels
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 463

Lot Info

  • Lot Description: Some Trees, Corner, Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 205
  • Acreage: 0.04

Tax Info

  • Assessor Parcel Number: !!044056 A00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Jun 14, 2024
Sold by
Novarese Christopher D and Novarese Mattie A
Bought by
Chick Susan C
Seller's Agent
Sally Isom
Coldwell Banker Collins-Maury
Buyer's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
List Price
$344,900
Sold Price
$322,500
Premium/Discount to List
-$22,400
-6.49%
Views
95
Current Estimated Value
$332,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,958
Avg. Annual Appreciation
2.03%

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 5, 2021
Sold by
Gamble William B and Cash Melissa
Bought by
Novarese Christopher D and Novarese Mattie A
Seller's Agent
Jane Baker
Sowell, Realtors
Buyer's Agent
Stacey Berry
Crye-Leike, Inc., REALTORS
List Price
$309,000
Sold Price
$315,000
Premium/Discount to List
$6,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$283,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 29, 2018
Sold by
Rezaie Roozbeh and Volgyi Eszter
Bought by
Gamble William B and Cash Melissa
Seller's Agent
Helen Akin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jane Baker
Sowell, Realtors
List Price
$255,000
Sold Price
$262,500
Premium/Discount to List
$7,500
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$157,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2014
Closed on
Feb 26, 2015
Sold by
Owens Laura D
Bought by
Rezaie Roozbeh and Volgi Eszter
Seller's Agent
Halle Whitlock
Oak Grove Realty, LLC
Buyer's Agent
Helen Akin
Crye-Leike, Inc., REALTORS
List Price
$255,000
Sold Price
$243,000
Premium/Discount to List
-$12,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$218,700
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2014
Sold by
Owens Ben E
Bought by
Owens Laura D

Purchase Details

Listed on
Jan 17, 2012
Closed on
Jan 17, 2013
Sold by
Highcentral Llc
Bought by
Owens Jr Ben and Owens Laura
Seller's Agent
Halle Whitlock
Oak Grove Realty, LLC
Buyer's Agent
Dolly Willis
Crye-Leike, Inc., REALTORS
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$145,000
Interest Rate
3.39%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chick Susan C $322,500 None Listed On Document
Novarese Christopher D $315,000 None Available
Gamble William B $262,500 Realty Title
Rezaie Roozbeh $243,000 Realty Title & Escrow Co
Owens Laura D -- None Available
Owens Laura D -- None Available
Owens Jr Ben $245,000 Tri State Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Novarese Christopher D $283,500
Previous Owner Gamble William B $157,500
Previous Owner Rezaie Roozbeh $218,700
Previous Owner Owens Jr Ben $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $322,500 -1.7% $202 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $328,000 -2.1% $205 / Sq Ft
03/22/2024 03/22/24 Price Changed $334,900 -2.9% $209 / Sq Ft
02/07/2024 02/07/24 For Sale $344,900 +9.5% $216 / Sq Ft
08/05/2021 08/05/21 Sold $315,000 +1.9% $197 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $309,000 -1.9% $193 / Sq Ft
06/03/2021 06/03/21 Off Market $315,000 -- --
05/29/2018 05/29/18 Sold $262,500 +2.9% $164 / Sq Ft View Prior Sale
04/17/2018 04/17/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $255,000 +4.9% $159 / Sq Ft
02/27/2015 02/27/15 Sold $243,000 -4.7% $152 / Sq Ft View Prior Sale
02/05/2015 02/05/15 Pending -- -- --
06/29/2014 06/29/14 For Sale $255,000 +4.1% $159 / Sq Ft
01/17/2013 01/17/13 Sold $245,000 +2.1% $153 / Sq Ft View Prior Sale
01/01/2013 01/01/13 Pending -- -- --
01/17/2012 01/17/12 For Sale $240,000 -- $150 / 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 $2,174 $85,625 $7,300 $78,325
2024 $2,174 $64,125 $7,300 $56,825
2023 $3,906 $64,125 $7,300 $56,825
2022 $3,906 $64,125 $7,300 $56,825
2021 $1,740 $64,125 $7,300 $56,825
2020 $4,337 $59,850 $7,300 $52,550
2019 $1,913 $59,850 $7,300 $52,550
2018 $1,913 $59,850 $7,300 $52,550
2017 $1,958 $59,850 $7,300 $52,550
2016 $2,638 $60,375 $0 $0
2014 $2,638 $60,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Isom

    Seller's Agent in 2024

    Sally Isom

    Coldwell Banker Collins-Maury

    (901) 219-8882

    19 in this area

    121 Total Sales

    Sally Isom
    Section Image
  • Katherine Nichols Cook

    Buyer's Agent in 2024

    Katherine Nichols Cook

    Marx-Bensdorf, REALTORS

    (901) 628-3065

    20 in this area

    79 Total Sales

    Katherine Nichols Cook
    Section Image

  • J

    Buyer Co-Listing Agent in 2024

    Jordan Nichols

    Marx-Bensdorf, REALTORS

    (901) 270-5372

    21 in this area

    84 Total Sales

    Jordan Nichols
    Section Image
  • Jane Baker

    Seller's Agent in 2021

    Jane Baker

    Sowell, Realtors

    (901) 500-8550

    7 in this area

    80 Total Sales

    Jane Baker
    Section Image
  • Stacey Berry

    Buyer's Agent in 2021

    Stacey Berry

    Crye-Leike

    (901) 481-6420

    22 in this area

    196 Total Sales

    Stacey Berry
    Section Image
  • Helen Akin

    Seller's Agent in 2018

    Helen Akin

    Crye-Leike

    (901) 240-3912

    3 in this area

    34 Total Sales

    Helen Akin
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165463

Memphis Area Association of REALTORS®

APN: 04-4056-A0-0015

Tennessee Shelby County Memphis 38111 East Memphis

3520 Central Ave Unit 205, Memphis, TN

Not Listed for Sale

Condos

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