NOT LISTED FOR SALE

405 S Perkins Rd Unit 360 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $263,000 - $285,666

2 Beds
2 Baths
1,545 Sq Ft
1,830 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $285,000 $184 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,659/month

191 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Porch
  • White Station High Rated A
  • Whirlpool Bathtub
  • 2 Car Attached Garage

About This Home

As of April 2024

Located in prime east Memphis; the Terraces at Laurelwood offer stress free living with gated parking underneath! This is one of the larger units with approximately 1545 square feet. This highly desirable corner flat offers 2 large bedrooms, 2 baths, and an open floorplan with spacious den w/ large fireplace, dining room + 9 foot smooth ceilings, eat-in kitchen. Meticulously maintained and overlooking the green-space atrium and a private treed space make this a beautiful serene retreat.

Last Agent to Sell the Property

Danny Burke

Crye-Leike, Inc., REALTORS License #239351 Listed on: 09/29/2023

Crye-Leike, Inc., REALTORS

Co-Listed By

Jenny Burke Janda

Crye-Leike, Inc., REALTORS License #374196

Last Buyer's Agent

Hugh Mallory

Marx-Bensdorf, REALTORS License #347903

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1,830

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Storage Room
  • Partial Basement
  • Termite Clearance

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • Porch
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number 057019 E00021

Community Details

Overview

  • Property has a Home Owners Association
  • $451 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • 31 Units
  • Mid-Rise Condominium
  • Terr At Laurelwood Community
  • Terraces At Laurelwood 1St Amend Subdivision
  • Property managed by Wright

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

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)
  • Cross Street: Poplar
  • MLS Map #: 756E
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • Handicap Design: Wide Doors
  • Number Of Stories: 1
  • Price Per Sq Ft: 184.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1545
  • Termite Contract: Yes
  • Year Built: 1989
  • List Price/ Sq Ft: 191
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Limited Access
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Terr at Laurelwood
  • Management Company: Wright

Fee Information

  • Monthly Maintenance Fee: 451

Lot Info

  • Lot Description: Some Trees
  • Lot Number: UNIT 360
  • Lot Size: .62

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Apr 25, 2024
Sold by
Frances Marshall Reaves Ricossa Revocabl and Ricossa Frances Marshall
Bought by
Janet W Gatewood Family Trust and Gatewood
Seller's Agent
Danny Burke
Crye-Leike, Inc., REALTORS
Buyer's Agent
Hugh Mallory
Marx-Bensdorf, REALTORS
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
212
Current Estimated Value
$277,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,009
Avg. Annual Appreciation
-1.23%

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 9, 2017
Sold by
Brafford Harley Wayne
Bought by
Ricossa Frances Marshall Reaves and Frances Marshall Reaves Ricossa Revocabl
Seller's Agent
Mary Frances Pitts
Ware Jones, REALTORS
Buyer's Agent
Danny Burke
Crye-Leike, Inc., REALTORS
List Price
$184,500
Sold Price
$174,000
Premium/Discount to List
-$10,500
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Apr 30, 1996
Sold by
Brafford Kathleen Chang
Bought by
Kathleen C Brafford Revocable Inter Vivo
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
Janet W Gatewood Family Trust $285,000 None Listed On Document
Ricossa Frances Marshall Reaves $174,000 Realty Title
Kathleen C Brafford Revocable Inter Vivo -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $285,000 -3.4% $184 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $295,000 -4.5% $191 / Sq Ft
03/02/2024 03/02/24 Price Changed $309,000 -1.9% $200 / Sq Ft
11/28/2023 11/28/23 Price Changed $315,000 -3.1% $204 / Sq Ft
09/29/2023 09/29/23 For Sale $325,000 +86.8% $210 / Sq Ft
05/09/2017 05/09/17 Sold $174,000 -5.7% $124 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $184,500 -- $132 / 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 -- $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

  • Danny Burke

    Seller's Agent in 2024

    Danny Burke

    Crye-Leike

    (901) 277-2828

    11 in this area

    87 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jenny Burke Janda

    Crye-Leike

    (901) 237-3557

    6 in this area

    37 Total Sales

    Section Image
  • Hugh Mallory

    Buyer's Agent in 2024

    Hugh Mallory

    Marx-Bensdorf, REALTORS

    (901) 497-9756

    15 in this area

    81 Total Sales

    Section Image
  • Sheldon Rosengarten

    Buyer Co-Listing Agent in 2024

    Sheldon Rosengarten

    Marx-Bensdorf, REALTORS

    (901) 755-5222

    49 in this area

    202 Total Sales

    Section Image

  • M

    Seller's Agent in 2017

    Mary Frances Pitts

    Ware Jones, REALTORS

    (901) 450-4011

    5 in this area

    23 Total Sales

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157822

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0021

Tennessee Shelby County Memphis 38117 Audubon Park

405 S Perkins Rd Unit 360, Memphis, TN

This home is located at 405 S Perkins Rd Unit 360, Memphis, TN 38117 since 29 September 2023 and is currently estimated at $279,167, approximately $180 per square foot. This property was built in 1989. 405 S Perkins Rd Unit 360 is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes