NOT LISTED FOR SALE

405 S Perkins Rd Unit 450 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $284,000 - $300,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1,742 Sq Ft Lot

Last Sold November 14, 2024

Last sale price $299,000 $187 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,680/month

1 Day on Market

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Eat-In Kitchen
  • White Station High Rated A
  • Balcony
  • Walk-In Closet

About This Home

As of November 2024

2 Bedroom, 2 Bath unit on 4th floor of complex on the front of the building.

Last Agent to Sell the Property

Hank Hogue

Crye-Leike, Inc., REALTORS License #219585 Listed on: 10/09/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Randall Wilder

Sowell, Realtors License #251939

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,486 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wall to Wall Carpet
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Guest Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $455 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Terraces At Laurelwo Community
  • Terraces At Laurelwood 1St Amend Subdivision
  • Property managed by Wright Property Man.

Listing and Financial Details

  • Assessor Parcel Number 057019 E00028

Property Details

Home Type

Condominium

Year Built

Built in 1987

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
  • Number Of Stories: 1
  • Price Per Sq Ft: 201.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1486
  • Year Built: 1987
  • List Price/ Sq Ft: 201
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Private Full Bath, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Balcony
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Unassigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Limited Access
  • Water Sewer: Public Water

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Terraces at Laurelwo
  • Management Company: Wright Property Man.

Fee Information

  • Monthly Maintenance Fee: 455

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: UNIT 450
  • Lot Size: 1,25 Acres
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Nov 14, 2024
Sold by
Cherry Janet T
Bought by
Gay Pamela J and Harkness Rebecca R
Seller's Agent
Hank Hogue
Crye-Leike, Inc., REALTORS
Buyer's Agent
Randall Wilder
Sowell, Realtors
List Price
$299,000
Sold Price
$299,000
Views
1
Current Estimated Value
$290,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,014
Avg. Annual Appreciation
-3.41%

Purchase Details

Closed on
Mar 19, 2007
Sold by
Bates Lucy S
Bought by
Cherry Wayne C and Cherry Janet T

Purchase Details

Closed on
May 20, 1999
Sold by
Catmur Eric A
Bought by
Penn Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.04%

Purchase Details

Closed on
Mar 27, 1998
Sold by
Day Harry and Day Christy
Bought by
Catmur Eric A
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
Gay Pamela J $299,000 Realty Title
Gay Pamela J $299,000 Realty Title
Cherry Wayne C $217,900 None Available
Penn Elizabeth $166,500 --
Catmur Eric A $158,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bates Lucille $136,000
Previous Owner Penn Elizabeth $115,800
Previous Owner Penn Elizabeth $123,000
Closed Penn Elizabeth $114,533
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $299,000 0.0% $214 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $299,000 -- $214 / 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 -- $74,800 $6,600 $68,200
2024 $1,563 $46,100 $6,600 $39,500
2023 $2,808 $46,100 $6,600 $39,500
2022 $2,808 $46,100 $6,600 $39,500
2021 $2,841 $46,100 $6,600 $39,500
2020 $3,083 $42,550 $6,600 $35,950
2019 $3,083 $42,550 $6,600 $35,950
2018 $3,083 $42,550 $6,600 $35,950
2017 $1,749 $42,550 $6,600 $35,950
2016 $1,857 $42,500 $0 $0
2014 $1,857 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182974

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0028