NOT LISTED FOR SALE

405 S Perkins Rd Unit 470 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $250,430 - $324,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1,568 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $200,000 $125 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,657/month

35 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Guest Suites
  • White Station High Rated A
  • Soft Contemporary Architecture
  • Double Oven

About This Home

As of June 2016

This condo should be featured in Architectural Digest. Major renovation. New flooring, wood shutters, free standing tub in master bath, New appliances and ac unit. Remodeled bath.

Last Agent to Sell the Property

Michael Mosteller

REMAX Experts License #318569 Listed on: 04/04/2016

REMAX Experts

Last Buyer's Agent

Sheldon Rosengarten

Marx-Bensdorf, REALTORS License #53193

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1989

Lot Details

  • 1,568

Home Design

  • Soft Contemporary Architecture
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,494 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • Casement Windows
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 057019 E00030

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Terrace At Laurelwood 2Nd Amend Subdivision

Amenities

  • Guest Suites
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

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
  • List Price Per Sq Ft: 164
  • Number Of Stories: 1
  • Price Per Sq Ft: 133.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1494
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Luxury Primary Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Smooth Ceiling
  • Bedrooms: 2
  • Fireplace: Vented Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Double Oven, Disposal, Microwave
  • Living Dining Kitchen: Breakfast Bar, Island In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Fireplace, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Courtyard, On-Site Storage, Balcony
  • Exterior Windows: Brick Veneer, Synthetic Stucco, Double Pane Window(s), Casement Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s), Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Association/Amenities

  • Condo Amenities: Guest Rm Available, Courtyard, On-Site Storage
  • Condominium Association: Yes

Lot Info

  • Lot Number: UNIT 470
  • Lot Size: 216.64/120.44+100.07X225.81+~

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 E00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 27, 2016
Sold by
Grantham Barbar A
Bought by
Faudre Patricia N and Faudre Jill Renee
Seller's Agent
Michael Mosteller
REMAX Experts
Buyer's Agent
Sheldon Rosengarten
Marx-Bensdorf, REALTORS
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Current Estimated Value
$279,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,861
Avg. Annual Appreciation
3.80%

Purchase Details

Listed on
Dec 22, 2014
Closed on
Mar 10, 2015
Sold by
Amc Management Co
Bought by
Grantham Barbara A
Seller's Agent
Claire Owen
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Mosteller
REMAX Experts
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$103,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2000
Sold by
Westelle Florez
Bought by
Amc Management Co
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
Faudre Patricia N -- Saddle Creek Title Llc
Faudree Patricia N $200,000 Saddle Creek Title Llc
Grantham Barbara A $163,000 Saddle Creek Title
Amc Management Co $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grantham Barbara A $103,000
Previous Owner Florez Westelle $114,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $200,000 -19.7% $143 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $249,000 +52.8% $178 / Sq Ft
03/12/2015 03/12/15 Sold $163,000 -3.6% $136 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $169,000 -- $141 / 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 $1,505 $68,025 $5,925 $62,100
2024 $1,505 $44,400 $5,925 $38,475
2023 $2,705 $44,400 $5,925 $38,475
2022 $2,705 $44,400 $5,925 $38,475
2021 $2,736 $44,400 $5,925 $38,475
2020 $2,974 $41,050 $5,925 $35,125
2019 $2,975 $41,050 $5,925 $35,125
2018 $2,974 $41,050 $5,925 $35,125
2017 $1,687 $41,050 $5,925 $35,125
2016 $1,442 $33,000 $0 $0
2014 $1,598 $36,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9974131

Memphis Area Association of REALTORS®

APN: 05-7019-E0-0030