NOT LISTED FOR SALE

3520 Central Ave Unit 309 Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $279,000 - $353,000

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

Last Sold November 19, 2020

Last sale price $250,000 $156 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,958/month

11 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Traditional Architecture
  • White Station High Rated A
  • Updated Kitchen
  • Wood Flooring

About This Home

As of November 2020

Wonderful corner condo with many upgrades. Beautiful Hardwood throughout except bathrooms. Split bedroom floorplan. Both baths have granite counter tops. Master bath has large tub, separate shower and double sinks. Large walk-in closets with built-ins. Plantation shutters and large crown molding. Great kitchen with Stainless appl. that overlooks dining and living area. Private balcony. 1 covered parking space and 1 uncovered. Gated for security. Pool. additional storage space.Washer & dryer!!

Last Agent to Sell the Property

Dan Hoffman

KAIZEN Realty, LLC License #224305 Listed on: 10/06/2020

KAIZEN Realty, LLC

Last Buyer's Agent

Diane Lee

Harris Realty Services License #274769

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 2008

Lot Details

  • 1,307

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,575 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Storage Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Covered patio or porch

Additional Features

  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 044056 A00029

Community Details

Overview

  • Property has a Home Owners Association
  • $356 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • The Laurels Condominiums Subdivision

Recreation

  • Community Pool

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 755G
  • MAAR Subdivision Name: THE LAURELS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 165
  • Number Of Stories: 1
  • Price Per Sq Ft: 158.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1575
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Luxury Master Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 15x12
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Security System
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Stone
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Gated Parking, Gate Clickers, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Fire Alarm, Security Gate
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 356

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 309
  • Acreage: 0.03
  • Lot Size: .03
  • Price Per Acre: 8663333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 044056 A00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 18, 2020
Sold by
Borah Sumit and Sumit Borah Revocable Living T
Bought by
Scott Joylisia
Seller's Agent
Dan Hoffman
KAIZEN Realty, LLC
Buyer's Agent
Diane Lee
Harris Realty Services
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Total Days on Market
11
Current Estimated Value
$317,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,970
Avg. Annual Appreciation
5.45%
Original Mortgage
$237,500
Outstanding Balance
$213,261
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$104,709

Purchase Details

Listed on
Oct 6, 2020
Closed on
Sep 29, 2020
Sold by
Borah Sumit
Bought by
Borah Sumit and Sumit Borah Revocable Living T
Seller's Agent
Dan Hoffman
KAIZEN Realty, LLC
Buyer's Agent
Diane Lee
Harris Realty Services
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$213,261
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$104,709

Purchase Details

Listed on
Sep 21, 2015
Closed on
Mar 23, 2017
Sold by
Jones Gary L
Bought by
Borah Sumit
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Nancy Huddleston
Coldwell Banker Collins-Maury
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$166,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 20, 2013
Sold by
Mitchell Robert B and Mitchell Diana F
Bought by
Jones Gary L
Seller's Agent
Halle Whitlock
Oak Grove Realty, LLC
Buyer's Agent
Leigh Martin
Hobson, REALTORS
List Price
$265,900
Sold Price
$255,000
Premium/Discount to List
-$10,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.74%

Purchase Details

Closed on
Mar 19, 2010
Sold by
Highcentral Llc
Bought by
Mitchell Robert B and Mitchell Diana F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,310
Interest Rate
5.01%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Scott Joylisia $250,000 None Available
Borah Sumit -- None Available
Borah Sumit $233,000 None Available
Jones Gary L $255,000 Fntg
Mitchell Robert B $259,900 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Joylisia $237,500
Previous Owner Borah Sumit $166,000
Previous Owner Mitchell Robert B $111,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $250,000 -3.8% $179 / Sq Ft
10/06/2020 10/06/20 For Sale $259,900 +15.5% $186 / Sq Ft
03/30/2017 03/30/17 Sold $225,000 -13.4% $161 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
09/21/2015 09/21/15 For Sale $259,900 +1.9% $186 / Sq Ft
12/20/2013 12/20/13 Sold $255,000 -4.1% $182 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $265,900 -- $190 / 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 $2,076 $77,050 $6,500 $70,550
2024 $2,076 $61,250 $6,500 $54,750
2023 $3,731 $61,250 $6,500 $54,750
2022 $3,731 $61,250 $6,500 $54,750
2021 $3,775 $61,250 $6,500 $54,750
2020 $3,967 $54,750 $6,500 $48,250
2019 $1,750 $54,750 $6,500 $48,250
2018 $1,750 $54,750 $6,500 $48,250
2017 $1,791 $54,750 $6,500 $48,250
2016 $2,349 $53,750 $0 $0
2014 $2,349 $53,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10086393

Memphis Area Association of REALTORS®

APN: 04-4056-A0-0029