NOT LISTED FOR SALE

405 S Perkins Rd Unit 460 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $291,000 - $347,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1,830 Sq Ft Lot

Last Sold December 15, 2020

Last sale price $280,000 $175 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,767/month

Highlights

  • Gated Parking
  • Traditional Architecture
  • Whirlpool Bathtub
  • White Station High Rated A
  • Wood Flooring
  • End Unit

About This Home

As of December 2020

Wow! One owner unit..actually the very first person in the complex! Top floor unit with awesome views! All plantation shutters. Granite. Bathrooms completely remodeled. Custom cabinets, hardware. Tons of updates. You must see to believe! Please see attached upgrade list of everything done to this beautiful condo over the years. Seller has impeccable records. Water heater new in 2012, HVAC new in 2013, brand new carpet, $3000.00 fridge in kitchen! One garage parking spot with storage.

Last Agent to Sell the Property

Brian Lurie

Crye-Leike, Inc., REALTORS License #325936 Listed on: 10/27/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Juliette Moore

Crye-Leike, Inc., REALTORS License #272411

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Landscaped

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,559 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Enclosed Balcony
  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 057019 E00029

Community Details

Overview

  • Property has a Home Owners Association
  • $406 Maintenance Fee
  • Association fees include grounds maintenance, management fees, exterior insurance, pest control contract
  • Mid-Rise Condominium
  • Terraces@Laurelwood Community
  • Terraces At Laurelwood Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • MLS Map #: 756E
  • MAAR Subdivision Name: TERRACES AT LAURELWOOD
  • Condo: Yes
  • List Price Per Sq Ft: 180
  • Number Of Stories: 1
  • Price Per Sq Ft: 179.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1559
  • 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, Kitchen, Master Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Renovated Bathroom, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • Master Bedroom: Level 1, Full Bath, Smooth Ceiling, Carpet
  • Master Bedroom Dimensions: 14x12
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Courtyard, Balcony, Enclosed Balcony, Well Landscaped Grounds

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Gated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Courtyard, On-Site Storage
  • Condo Fees Include: Grounds Maintenance, Management Fees, Exterior Insurance, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Terraces@Laurelwood

Fee Information

  • Monthly Maintenance Fee: 406

Lot Info

  • Lot Number: UNIT 460
  • Lot Size: 0.1

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 14, 2020
Sold by
Strasberg Harriet P and Estate Of William L Sachs
Bought by
Smith Laurice E
Seller's Agent
Brian Lurie
Crye-Leike, Inc., REALTORS
Buyer's Agent
Juliette Moore
Crye-Leike, Inc., REALTORS
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$307,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,507
Avg. Annual Appreciation
1.95%
Original Mortgage
$224,000
Outstanding Balance
$162,601
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$144,906
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
Smith Laurice E $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Laurice E $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2020 12/15/20 Sold $280,000 0.0% $200 / Sq Ft
10/27/2020 10/27/20 For Sale $279,900 -- $200 / 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 $1,694 $77,025 $6,875 $70,150
2024 $1,694 $49,975 $6,875 $43,100
2023 $3,044 $49,975 $6,875 $43,100
2022 $3,044 $49,975 $6,875 $43,100
2021 $3,080 $49,975 $6,875 $43,100
2020 $3,172 $43,775 $6,875 $36,900
2019 $1,399 $43,775 $6,875 $36,900
2018 $1,399 $43,775 $6,875 $36,900
2017 $1,432 $43,775 $6,875 $36,900
2016 $1,879 $43,000 $0 $0
2014 $1,879 $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10087671

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0029