NOT LISTED FOR SALE

405 S Perkins Rd Unit 220 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $284,000 - $291,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1,568 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $299,000 $187 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,637/month

146 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Whirlpool Bathtub
  • White Station High Rated A
  • Traditional Architecture
  • Loft

About This Home

As of February 2024

Great opportunity to live in this well kept East Memphis secured building. Located on the 2nd floor and in move-in condition. New carpet and pad throughout. Completely painted interior. Large living area with fireplace. Eat in updated kitchen with granite & tile floors. Sep. laundry room with full size washer and dryer. 2 nice size bedrooms. Double vanity, sep shower and whirlpool tub in Primary BR. Renovated 2nd bath. Outdoor covered balcony. Assigned garage parking with storage.

Last Agent to Sell the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/08/2023

Last Buyer's Agent

Jennifer Brown

Crye-Leike, Inc., REALTORS License #323795

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1989

Lot Details

  • Brick Fence

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,419 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Loft
  • Storage Room
  • Shared Basement

Kitchen

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

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gated Parking
  • Guest Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 057019 E00009

Community Details

Overview

  • Property has a Home Owners Association
  • $389 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, parking
  • Mid-Rise Condominium
  • Terraces Laurelwood Community
  • Terraces At Laurelwood 1St Amend Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Trash Chute

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1989

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
  • MLS Map #: 756E
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 210.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1419
  • Year Built: 1989
  • List Price/ Sq Ft: 225
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, In Living Room, Gas Logs, Glass Doors
  • Floors/Ceilings: Part Carpet, Tile, 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, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Trash Chute, Common Basement
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: On-Site Storage, Balcony, Sidewalks, Brick/Ironed Fence
  • Exterior Windows: Aluminum Window(s), Double Pane Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Side-Load Garage, Gated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Parking
  • Condominium Association: Yes
  • Condominium Name: Terraces Laurelwood
  • Management Company: Wright Property Mgmt

Fee Information

  • Monthly Maintenance Fee: 389

Lot Info

  • Lot Number: UNIT 220

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 16, 2024
Sold by
Lundy Norma Jean
Bought by
Ross Richard Alan
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Jennifer Brown
Crye-Leike, Inc., REALTORS
List Price
$334,000
Sold Price
$299,000
Premium/Discount to List
-$35,000
-10.48%
Views
96
Current Estimated Value
$286,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,859
Avg. Annual Appreciation
-2.58%

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 31, 2020
Sold by
Dominguez Nannette Renee
Bought by
Lundy Norma Jean
Seller's Agent
Sherry Blades
Adaro Realty, Inc.
Buyer's Agent
Carl Purifoy
Home Boss Realty
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Feb 20, 2015
Closed on
Apr 30, 2015
Sold by
Zhou Sheng and Guo Rong
Bought by
Dominguez Nannette Renee
Seller's Agent
Joan Ketchen
Ketchen Properties, LLC
Buyer's Agent
Jeannie Bruce
KAIZEN Realty, LLC
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$50,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2009
Closed on
Apr 26, 2012
Sold by
Barnett June Claire and Kenney Elizabeth C
Bought by
Zhou Sheng and Guo Rong
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Layne Popernik
Crye-Leike, Inc., REALTORS
List Price
$199,900
Sold Price
$132,000
Premium/Discount to List
-$67,900
-33.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$105,600
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Chapman Anne
Bought by
Chapman Jesse N and Barnett Claire C

Purchase Details

Closed on
May 10, 2006
Sold by
Parry Patricia J
Bought by
Chapman June A

Purchase Details

Closed on
Apr 27, 2005
Sold by
Wilson Mary Lou
Bought by
Parry Patricia J

Purchase Details

Closed on
Oct 28, 1998
Sold by
Mills Fred H and Mills Mable M
Bought by
Wilson Mary Lou
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ross Richard Alan $299,000 Realty Title
Lundy Norma Jean $235,000 Saddle Creek Title
Dominguez Nannette Renee $158,000 Executive Title & Closing In
Zhou Sheng $132,000 Title & Escrow Services
Chapman Jesse N -- None Available
Chapman June A $205,000 Home Surety Title & Escrow L
Parry Patricia J $189,000 --
Wilson Mary Lou $144,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dominguez Nannette Renee $50,000
Previous Owner Zhou Sheng $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $299,000 -6.5% $214 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $319,900 -4.2% $229 / Sq Ft
09/08/2023 09/08/23 For Sale $334,000 +42.1% $239 / Sq Ft
03/31/2020 03/31/20 Sold $235,000 -2.0% $168 / Sq Ft View Prior Sale
02/10/2020 02/10/20 For Sale $239,900 +51.8% $171 / Sq Ft
04/30/2015 04/30/15 Sold $158,000 -1.2% $111 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $159,900 +21.1% $113 / Sq Ft
04/26/2012 04/26/12 Sold $132,000 -34.0% $93 / Sq Ft View Prior Sale
03/13/2012 03/13/12 Pending -- -- --
03/20/2009 03/20/09 For Sale $199,900 -- $141 / 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 $1,505 $73,725 $5,925 $67,800
2024 $1,505 $44,400 $5,925 $38,475
2023 $2,705 $44,400 $5,925 $38,475
2022 $2,705 $44,400 $5,925 $38,475
2021 $2,736 $44,400 $5,925 $38,475
2020 $2,855 $39,400 $5,925 $33,475
2019 $1,259 $39,400 $5,925 $33,475
2018 $1,259 $39,400 $5,925 $33,475
2017 $1,289 $39,400 $5,925 $33,475
2016 $1,442 $33,000 $0 $0
2014 $1,442 $33,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156282

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0009