NOT LISTED FOR SALE

3520 Central Ave Unit 406 Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $242,000 - $345,000

2 Beds
2.5 Baths
1,600-1,799 Sq Ft
1,481 Sq Ft Lot

Last Sold December 17, 2013

Last sale price $255,000 $142 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,923/month

106 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Great Room
  • White Station High Rated A
  • Soft Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of December 2013

Wow! Don't miss this gorgeous condo in the heart of East Memphis.Boutique condominiun building. Top of the line finishes,granite,stainless steel,hardwood, comes with 2 assigned underground parking spaces. Pool and Bark Park.

Last Agent to Sell the Property

Helen Akin

Crye-Leike, Inc., REALTORS License #275312 Listed on: 08/03/2013

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Mike Parker

The Firm License #284810

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 2009

Lot Details

  • 1,481

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,776 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Great Room
  • Termite Clearance

Kitchen

  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include exterior maintenance, grounds maintenance
  • Mid-Rise Condominium
  • The Laurels Community
  • 1St Amendment Laurels Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044056 A00036

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,174

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: CENTRAL
  • MLS Map #: 755G
  • MAAR Subdivision Name: THE LAURELS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 143.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1776
  • Termite Contract: Yes
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Gas Cooking
  • Living Dining Kitchen: Great Room
  • Total Bathrooms: 2.1
  • 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

Exterior Features

  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance
  • Condominium Association: Yes
  • Condominium Name: The Laurels

Lot Info

  • Lot Number: UNIT 406
  • Price Per Acre: 6737500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 044056 A00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2013
Closed on
Dec 17, 2013
Sold by
Barnett Robert Denny
Bought by
Laubscher Andreas and Laubscher Yit Cent
Seller's Agent
Helen Akin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mike Parker
The Firm
List Price
$280,000
Sold Price
$255,000
Premium/Discount to List
-$25,000
-8.93%
Total Days on Market
106
Current Estimated Value
$310,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,270
Avg. Annual Appreciation
1.73%
Original Mortgage
$175,000
Outstanding Balance
$52,761
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$257,509

Purchase Details

Closed on
Mar 14, 2012
Sold by
Highcentral Llc
Bought by
Barnett Robert Denny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
3.9%
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
Laubscher Andreas $255,000 Realty Title
Barnett Robert Denny $241,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laubscher Andreas $175,000
Previous Owner Barnett Robert Denny $188,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2013 12/17/13 Sold $255,000 -8.9% $159 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $280,000 -- $175 / 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 $3,952 $64,125 $7,300 $56,825
2020 $4,337 $59,850 $7,300 $52,550
2019 $4,337 $59,850 $7,300 $52,550
2018 $4,337 $59,850 $7,300 $52,550
2017 $2,460 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3277922

Memphis Area Association of REALTORS®

APN: 04-4056-A0-0036