$255,000
SOLD DEC 20, 2013

3520 Central Ave Unit 309 Memphis, TN 38111

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

Recently Sold

$159 Per Sq Ft

4% Below List Price

90 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

This elegant condo has too many upgrades to list. Open, split bedroom flr plan, Hardwood flrs though out, Private porch, S/S appliances, granite tops! Lux. Master Bath w/ sep tub & shower, frameless shower door, secure gated parking, pool. Great location!

Last Agent to Sell the Property

Halle Whitlock

Oak Grove Realty, LLC License #291395 Listed on: 09/06/2013

Last Buyer's Agent

Leigh Martin

Hobson, REALTORS License #277409

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 2008

Lot Details

  • Dog Run
  • Wrought Iron Fence
  • Landscaped

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,575 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Security Gate

Parking

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

Outdoor Features

  • In Ground Pool
  • Enclosed Balcony
  • Courtyard
  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 044056 A00029

Community Details

Overview

  • Property has a Home Owners Association
  • $294 Maintenance Fee
  • Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, parking, pest control contract, reserve fund, trash collection, water/sewer
  • 40 Units
  • Mid-Rise Condominium
  • The Laurels Community
  • 1St Amendment Laurels Condominiums Subdivision
  • Property managed by MRG

Amenities

  • Trash Chute
  • Community Storage Space

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

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: Mid Rise (3-6 Stories)
  • Cross Street: HIGHLAND
  • MLS Map #: 755G
  • MAAR Subdivision Name: THE LAURELS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 161.9
  • 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, Luxury Primary Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Hardwood Floor, Level 1, Private Full Bath, Smooth Ceiling, Walk-In Closet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Walk-In Closet(s), Elevator, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Room, Entry Hall, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Gas Grill, Covered Patio, Balcony, Enclosed Balcony, Well Landscaped Grounds, Storage, Pet Area, Sidewalks, Iron Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Electric
  • Security: Burglar Alarm, Closed Circuit TV, Dead Bolt Lock(s), Fire Alarm, Limited Access, Security Gate, Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Courtyard, On-Site Storage
  • Condo Fees Include: Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Pest Control Contract, Reserve Fund, Trash Collection, Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: The Laurels
  • Management Company: MRG

Fee Information

  • Monthly Maintenance Fee: 294

Lot Info

  • Lot Number: UNIT 309
  • Price Per Acre: 8916666

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%
Current Estimated Value
$271,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,774
Avg. Annual Appreciation
1.76%
Original Mortgage
$237,500
Outstanding Balance
$212,303
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,471

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
$212,303
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,471

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 Type Sale Price Title Company
Warranty Deed $250,000 None Available
Warranty Deed -- None Available
Warranty Deed $233,000 None Available
Warranty Deed $255,000 Fntg
Warranty Deed $259,900 Ctc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Previous Owner $166,000 New Conventional
Previous Owner $111,310 New Conventional
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: 3280612

Memphis Area Association of REALTORS®

APN: 04-4056-A0-0029