NOT LISTED FOR SALE

405 S Perkins Rd Unit 370 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $249,692 - $284,000

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

Last Sold October 17, 2013

Last sale price $151,200 $95 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,563/month

457 Days on Market

Highlights

  • Two Primary Bedrooms
  • Clubhouse
  • Whirlpool Bathtub
  • White Station High Rated A
  • Traditional Architecture
  • Guest Suites

About This Home

As of October 2013

Amazing, elegant 2 Br/ 2 Ba property. Perfect . Quiet, roomy, private balcony. Please come look. You will NOT be disappointed. Great price

Last Agent to Sell the Property

John White

Crye-Leike, Inc., REALTORS License #275996 Listed on: 06/20/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Chet Whitsitt

Crye-Leike, Inc., REALTORS License #208134

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1989

Lot Details

  • 1,568

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,410 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Laundry Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Patio

Utilities

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

Additional Features

  • Grab Bars
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 057019 E00022

Community Details

Overview

  • Property has a Home Owners Association
  • $263 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance
  • Mid-Rise Condominium
  • Terr. At Laurelwood Community
  • Terraces At Laurelwood 1St Amend Subdivision
  • Property managed by Wright Management

Amenities

  • Clubhouse
  • Guest Suites

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,479

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)
  • MLS Map #: 756E
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • Handicap Design: Grab Bars
  • Number Of Stories: 1
  • Price Per Sq Ft: 107.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1410
  • Termite Contract: Yes
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Common Basement
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Balcony, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Assigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Limited Access
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Condo Amenities: Clubhouse, Guest Rm Available, Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Terr. at Laurelwood
  • Management Company: Wright Management

Fee Information

  • Monthly Maintenance Fee: 263

Lot Info

  • Lot Number: UNIT 370
  • Lot Size: 216.64/120.44+100.07X225.81+~

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Oct 17, 2013
Sold by
Walker Carl E and Walker Ginger L
Bought by
Pettey Georgeia O
Seller's Agent
John White
Crye-Leike, Inc., REALTORS
Buyer's Agent
Chet Whitsitt
Crye-Leike, Inc., REALTORS
List Price
$179,000
Sold Price
$151,200
Premium/Discount to List
-$27,800
-15.53%
Current Estimated Value
$262,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,746
Avg. Annual Appreciation
4.77%
Original Mortgage
$71,200
Outstanding Balance
$54,177
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$208,062

Purchase Details

Listed on
Apr 23, 2012
Closed on
May 31, 2012
Sold by
Hodges James Patrick
Bought by
Walker Carl E and Walker Ginger L
Seller's Agent
Pat Beech
Arlena Enos, REALTORS
Buyer's Agent
John White
Crye-Leike, Inc., REALTORS
List Price
$179,500
Sold Price
$179,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.69%

Purchase Details

Closed on
May 6, 2009
Sold by
Palmer Evelyn T
Bought by
Hodges James Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
4.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Pettey Georgeia O $151,200 None Available
Walker Carl E $179,500 Realty Title & Escrow Co
Hodges James Patrick $160,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettey Georgeia O $71,200
Previous Owner Hodges James Patrick $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2013 10/17/13 Sold $151,200 -15.5% $108 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
06/20/2012 06/20/12 For Sale $179,000 -0.3% $128 / Sq Ft
05/31/2012 05/31/12 Sold $179,500 0.0% $127 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $179,500 -- $127 / 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 $1,479 $68,025 $5,925 $62,100
2024 $1,479 $43,625 $5,925 $37,700
2023 $2,657 $43,625 $5,925 $37,700
2022 $2,657 $43,625 $5,925 $37,700
2021 $2,689 $43,625 $5,925 $37,700
2020 $2,855 $39,400 $5,925 $33,475
2019 $2,855 $39,400 $5,925 $33,475
2018 $2,855 $39,400 $5,925 $33,475
2017 $1,619 $39,400 $5,925 $33,475
2016 $1,961 $44,875 $0 $0
2014 $1,961 $44,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3250345

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0022