NOT LISTED FOR SALE

405 S Perkins Rd Unit 380 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $252,000 - $327,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
1,917 Sq Ft Lot

Last Sold April 16, 2012

Last sale price $175,000 $97 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,768/month

74 Days on Market

Highlights

  • Fitness Center
  • Updated Kitchen
  • Whirlpool Bathtub
  • White Station High Rated A
  • Soft Contemporary Architecture
  • 1 Fireplace

About This Home

As of April 2012

Beautiful, sophisticated view w/lots of windows & natural light + balcony for entertaining! Wonderful 2 BR/2BA condo-best location(North side)in entire bldg. Handsome kit w/granite & lovely cabinets too.Best part is Den or flex room-perfect for all ages!

Last Agent to Sell the Property

Meredith McDonald

Ware Jones, REALTORS License #240133 Listed on: 01/12/2012

Ware Jones, REALTORS

Last Buyer's Agent

Carrie Benitone

Ware Jones, REALTORS License #318990

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1989

Lot Details

  • 1,917

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,703 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Termite Clearance

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Grab Bars
  • Lower Fixtures
  • Wheelchair Access
  • Doors are 32 inches wide or more

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 057019 E00023

Community Details

Overview

  • Property has a Home Owners Association
  • $317 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees
  • Mid-Rise Condominium
  • Terraces At Laurelwo Community
  • Terraces At Laurelwood 1St Amend Subdivision
  • Property managed by wright mgmt

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,659

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 756E
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • Handicap Design: Wide Doors, Accessible Fixtures, Grab Bars, Wheelchair Mobility
  • Number Of Stories: 1
  • Price Per Sq Ft: 102.76
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1703
  • Termite Contract: Yes
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Elevator, Vent Hood/Exhaust Fan, Common Basement
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Storage Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath, Carpet

Exterior Features

  • Misc Exterior: Balcony, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Aluminum Window(s), Double Pane Window(s)
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Circular Drive, Storage Room(s), Parking Lot, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Security: Limited Access, Dead Bolt Lock(s)

Association/Amenities

  • Condo Amenities: Exercise Room
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees
  • Condominium Association: Yes
  • Condominium Name: Terraces at Laurelwo
  • Management Company: wright mgmt

Fee Information

  • Monthly Maintenance Fee: 317

Lot Info

  • Lot Number: UNIT 380
  • Lot Size: 216.64/120.44+100.07X225.81+~

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 057019 E00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2012
Closed on
Apr 16, 2012
Sold by
Gross Jacqueline L
Bought by
Talley Sidney B and Talley Vicki W
Seller's Agent
Meredith McDonald
Ware Jones, REALTORS
Buyer's Agent
Carrie Benitone
Ware Jones, REALTORS
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$297,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,738
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
May 15, 2009
Sold by
Gross Jacqueline L
Bought by
The Jacqueline L Gross Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2009
Sold by
Gusmus Frank
Bought by
Gross Jacqueline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2004
Sold by
Rasche Dennis Collins and Sneed Susan Rasche
Bought by
Gusmus Frank

Purchase Details

Closed on
Sep 9, 1998
Sold by
Aaron Brown and Aaron Brenda
Bought by
Rasche Joyce D
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
Talley Sidney B $175,000 Multiple
The Jacqueline L Gross Revocable Trust -- None Available
Gross Jacqueline L $97,000 Multiple
Gusmus Frank $223,100 --
Rasche Joyce D $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gross Jacqueline L $193,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2012 04/16/12 Sold $175,000 -2.8% $109 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $180,000 -- $113 / 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 $1,659 $79,375 $7,150 $72,225
2024 $1,659 $48,925 $7,150 $41,775
2023 $2,980 $48,925 $7,150 $41,775
2022 $2,980 $48,925 $7,150 $41,775
2021 $3,015 $48,925 $7,150 $41,775
2020 $3,264 $45,050 $7,150 $37,900
2019 $3,264 $45,050 $7,150 $37,900
2018 $3,264 $45,050 $7,150 $37,900
2017 $1,852 $45,050 $7,150 $37,900
2016 $1,912 $43,750 $0 $0
2014 $1,912 $43,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3238686

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0023