NOT LISTED FOR SALE

405 S Perkins Rd Unit 420 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $259,365 - $292,000

2 Beds
2 Baths
1,432 Sq Ft
1,568 Sq Ft Lot

Last Sold December 18, 2015

Last sale price $174,350 $122 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,583/month

25 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Guest Suites
  • White Station High Rated A
  • Traditional Architecture
  • Breakfast Room

About This Home

As of December 2015

Convenient luxury in this sophisticated 2 BR 2 Bath condo with balcony, secure gated parking, gas log fireplace, extra long tub in master, BRAND new oven and microwave, separate laundry room. Guest quarters and party room available. VERY close to schools, grocery, bank and pharmacy! GREAT location in heart of East Memphis. Pristine condition, Move in ready, custom draperies are beautiful and neutral. Total winner! NO RENTALS

Last Agent to Sell the Property

Jan Gordon

Crye-Leike, Inc., REALTORS License #260039 Listed on: 10/19/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Marjo Labonte

McWaters & Associates License #331109

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1992

Lot Details

  • 1,568

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,432 Sq Ft Home
  • 4-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Partially Carpeted
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 057019 E00025

Community Details

Overview

  • Property has a Home Owners Association
  • $318 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • Mid-Rise Condominium
  • Terraces Of Laurelwo Community
  • Terrace At Laurelwood 2Nd Amend Subdivision
  • Property managed by Wright

Amenities

  • Guest Suites

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,539

Year Built

Built in 1992

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: 122
  • Number Of Stories: 4
  • Price Per Sq Ft: 121.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1432
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Equipment: Cooktop, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, LR/DR Combination, Updated/Renovated Kitchen, Separate Breakfast Room
  • Misc Interior: All Window Treatments, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Carpet
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Balcony
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Gated Parking, Assigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Guest Rm Available
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Terraces of Laurelwo
  • Management Company: Wright

Fee Information

  • Monthly Maintenance Fee: 318

Lot Info

  • Lot Description: Landscaped
  • Lot Number: UNIT 420
  • Lot Size: 216.64/120.44+100.07X225.81+~

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 057019 E00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 18, 2015
Sold by
Frankel John and Frankel Teresa Sain
Bought by
Jones Juanette C
Seller's Agent
Jan Gordon
Crye-Leike, Inc., REALTORS
Buyer's Agent
Marjo Labonte
McWaters & Associates
List Price
$174,900
Sold Price
$174,350
Premium/Discount to List
-$550
-0.31%
Current Estimated Value
$265,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,321
Avg. Annual Appreciation
4.49%

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 27, 2013
Sold by
Scheinfeld Joan L
Bought by
Frankel John and Sain Teresa
Seller's Agent
Jan Gordon
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jan Gordon
Crye-Leike, Inc., REALTORS
List Price
$154,000
Sold Price
$152,000
Premium/Discount to List
-$2,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Apr 15, 2013
Sold by
Stukenborg Frederick T
Bought by
Mccowan Peggy Mahones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2013
Sold by
Scheinfeld Joan L
Bought by
Scheinfeld Joan L and Scheinfeld Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2007
Sold by
Makowsky Libby Rose
Bought by
Scheinfeld Joan Lesser

Purchase Details

Closed on
Feb 7, 2006
Sold by
Makowsky Libby Rose
Bought by
The Libby Rose Makowsky Revocable Living

Purchase Details

Closed on
Apr 9, 1996
Bought by
Dougherty Lallah 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
Jones Juanette C $174,350 Realty Title
Frankel John $152,000 Multiple
Mccowan Peggy Mahones $143,000 Memphis Title Co
Scheinfeld Joan L -- None Available
Scheinfeld Joan Lesser -- None Available
The Libby Rose Makowsky Revocable Living -- None Available
Dougherty Lallah D $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Juanette C $30,000
Previous Owner Mcgowan Peggy Mahoney $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $174,350 -0.3% $122 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $174,900 +15.1% $122 / Sq Ft
08/27/2013 08/27/13 Sold $152,000 -1.3% $106 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $154,000 -- $108 / 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 $1,539 $68,025 $5,925 $62,100
2024 $1,539 $45,400 $5,925 $39,475
2023 $2,766 $45,400 $5,925 $39,475
2022 $2,766 $45,400 $5,925 $39,475
2021 $2,798 $45,400 $5,925 $39,475
2020 $3,023 $41,725 $5,925 $35,800
2019 $3,023 $41,725 $5,925 $35,800
2018 $3,023 $41,725 $5,925 $35,800
2017 $1,715 $41,725 $5,925 $35,800
2016 $1,792 $41,000 $0 $0
2014 $1,792 $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Gordon

    Seller's Agent in 2015

    Jan Gordon

    Crye-Leike

    (901) 335-5264

    20 in this area

    33 Total Sales

    Section Image
  • Marjo Labonte

    Buyer's Agent in 2015

    Marjo Labonte

    McWaters & Associates

    (901) 831-1741

    21 in this area

    84 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963567

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0025

Tennessee Shelby County Memphis 38117 Audubon Park

405 S Perkins Rd Unit 420, Memphis, TN

This home is located at 405 S Perkins Rd Unit 420, Memphis, TN 38117 since 19 October 2015 and is currently estimated at $277,091, approximately $193 per square foot. This property was built in 1992. 405 S Perkins Rd Unit 420 is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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