NOT LISTED FOR SALE

405 S Perkins Rd Unit 410 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $253,000 - $290,014

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

Last Sold July 28, 2016

Last sale price $143,950 $80 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,611/month

147 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Community
  • White Station High Rated A
  • The property is located in a historic district
  • Clubhouse

About This Home

As of July 2016

EAST MEMPHIS 2BR 2B, 1600+ SQFT, LR, DR,DEN, KIT, BREAKFAST RM, ALL ON ONE FLOOR. 17X14 MASTER IN SUITE HAS LUXURY BATH WITH WHIRLPOOL TUB, SEPARATE SHOWER. 10 FT SMOOTH CEILINGS WITH CROWN MOLDING THROUGHOUT. 20X14 LR HAS MARBLE FIREPLACE, FRENCH DOORS OPEN TO BALCONY. TONS OF WINDOWS. SEP LAUNDRY RM. STORAGE IN GARAGE, OWNERSHIP OF 1 CAR GARAGE, GREAT VIEW OF LANDSCAPED GROUNDS. GATED AND SECURED PARKING, GUEST ROOM SUITE ON GROUND FLOOR FOR OVERNITE VISITORS. PARTY ROOM.

Last Agent to Sell the Property

Larry Clark

REMAX Experts License #219324 Listed on: 02/05/2016

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1989

Lot Details

  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,607 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

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

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • The property is located in a historic district

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 057019 E00024

Community Details

Overview

  • Property has a Home Owners Association
  • $383 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, management fees, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • Terrace At Laurelwood 2Nd Amend Subdivision
  • Property managed by WRIGHT MGMT

Amenities

  • Clubhouse
  • Guest Suites
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

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: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: POPLAR
  • MLS Map #: 756E
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • List Price Per Sq Ft: 93
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1607
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room, Gas Starter, Gas Logs, Glass Doors
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, 2 or More Elevators, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Covered Patio, Deck, Historic District, Well Landscaped Grounds, Storage
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Garage Door Opener(s), Front-Load Garage, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Limited Access, Full Time Guard Service, Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room, Clubhouse w/Baths, Guest Rm Available, On-Site Storage
  • Condo Fees Include: Water/Sewer, Exterior Maintenance, Grounds Maintenance, Management Fees, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Management Company: WRIGHT MGMT
  • Neighborhood Amenities: Gated Neighborhood

Fee Information

  • Monthly Maintenance Fee: 383

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: UNIT 410
  • Lot Size: 216.64/120.44+100.07X225.81+~

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Jul 28, 2016
Sold by
Beasley Joseph T and Beasley John B
Bought by
Cinquegrani Robert Bruce and Reverend R Bruce Cinqucgrani Living Trus
Seller's Agent
Larry Clark
REMAX Experts
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$175,000
Sold Price
$143,950
Premium/Discount to List
-$31,050
-17.74%
Current Estimated Value
$268,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,047
Avg. Annual Appreciation
8.27%
Original Mortgage
$129,555
Outstanding Balance
$104,207
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$191,119
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
Cinquegrani Robert Bruce $143,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cinquegrani Robert Bruce $129,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $143,950 -17.7% $90 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $175,000 -- $109 / 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: 9970169

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0024