NOT LISTED FOR SALE

405 S Perkins Rd Unit 160 Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $281,000 - $335,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
1,830 Sq Ft Lot Lot

Sale Details

Date Sold: December 13, 2016

Last sale price $179,900 $100 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,768 / mo

109 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Guest Suites
  • White Station High Rated A
  • Whirlpool Bathtub
  • Circular Driveway

About This Home

As of December 2016

DESIRABLE 2 BR 2 BA FLAT ON FIRST FLOOR-PRIVATE END UNIT.EXCL. LOCATION IN EAST MPHS!WALKING DISTANCE TO RESTAURANTS,SHOPPING, BOTANIC GARDENS & MORE!NEW GRANITE COUNTER TOPS, ETC IN KITCHEN.MBRM HAS FRENCH DOORS OPEN TO BALCONY/PORCH.TASTEFULLY RENOVATED MASTER BATH W/SEP TUB & SHOWER. SEP LAUNDRY RM.10 FT SMOOTH CEILINGS & MOLDINGS GIVE A CLASSIC FEEL.FILLED W/WINDOWS & LIGHT,OPEN & SPACIOUS W/SPLIT BR PLAN.GATED & SECURED PARKING,GUEST RM SUITE ON GRND FL.& PARTY RM.A WONDERFUL PLACE TO LIVE!

Last Agent to Sell the Property

Lita Hurston-Reed

Marx-Bensdorf, REALTORS License #205169 Listed on: 08/13/2016

Last Buyer's Agent

C. Lauren Jones

Crye-Leike, Inc., REALTORS License #308130

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 1,830

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,631 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Shared Basement
  • Termite Clearance

Kitchen

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

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Circular Driveway
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Landscaped
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 057019 E00005

Community Details

Overview

  • Property has a Home Owners Association
  • $370 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, parking, pest control contract
  • Mid-Rise Community
  • Terrace/Laurelwood Community
  • Terrace At Laurelwood 2Nd Amend Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Guest Suites
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Fire Sprinkler System
  • Fire Escape

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

1,830 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Mid Rise (3-6 Stories)
  • Cross Street: Shady Grove
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1631
  • Termite Contract: Yes
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, Gas Starter, Gas Logs, Glass Doors
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Cat/Dog Free House, Elevator, Common Basement
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Storage Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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, Smooth Ceiling, Tile Floor, Carpet

Exterior Features

  • Misc Exterior: Porch, Well Landscaped Grounds, Storage, Fire Escape
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Circular Drive, Storage Room(s), Assigned Parking, Designated Guest Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Guest Rm Available, Courtyard, On-Site Storage
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: TERRACE/LAURELWOOD
  • Management Company: Wright Property Mgmt

Fee Information

  • Monthly Maintenance Fee: 370

Lot Info

  • Lot Number: UNIT 160
  • Lot Size: 216.64/120.44+100.07X225.81+~

Tax Info

  • Assessor Parcel Number: 057019 E00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2016
Closed on
Dec 13, 2016
Sold by
Patterson William
Bought by
Kay Beverly R
Seller's Agent
Lita Hurston-Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
C. Lauren Jones
Crye-Leike, Inc., REALTORS
List Price
$185,000
Sold Price
$179,900
Premium/Discount to List
-$5,100
-2.76%
Current Estimated Value
$300,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,878
Avg. Annual Appreciation
5.53%
Original Mortgage
$143,920
Outstanding Balance
$115,780
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$183,578

Purchase Details

Closed on
Mar 22, 2013
Sold by
Tuttle Dale Hendrick and Twomey Melissa Jean Tuttle
Bought by
Patterson William

Purchase Details

Closed on
Mar 17, 2011
Sold by
Tuttle Jean A
Bought by
Tuttle Jean A and Jean A Tuttle Revocable Living Trust

Purchase Details

Closed on
Jun 5, 2000
Sold by
Irma Reinhardt
Bought by
Tuttle Jean A
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kay Beverly R $179,900 Reelty Title
Patterson William -- Chicago Title
Tuttle Jean A -- None Available
Tuttle Jean A $175,000 --
Tuttle Jean A $175,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Kay Beverly R $143,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $179,900 -2.8% $112 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $185,000 -- $116 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,641 $77,025 $6,875 $70,150
2024 $1,641 $48,400 $6,875 $41,525
2023 $2,948 $48,400 $6,875 $41,525
2022 $2,948 $48,400 $6,875 $41,525
2021 $2,983 $48,400 $6,875 $41,525
2020 $3,172 $43,775 $6,875 $36,900
2019 $3,172 $43,775 $6,875 $36,900
2018 $3,172 $43,775 $6,875 $36,900
2017 $1,799 $43,775 $6,875 $36,900
2016 $1,879 $43,000 $0 $0
2014 $1,879 $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lita Hurston-Reed

    Marx-Bensdorf, REALTORS

    Section Image
  • C. Lauren Jones

    Buyer's Agent in 2016

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 277-3005

    16 in this area

    93 Total Sales

    C. Lauren Jones
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9984102

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0005

Tennessee Shelby County Memphis 38117 East Memphis

405 S Perkins Rd Unit 160, Memphis, TN

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