NOT LISTED FOR SALE

425 S Perkins Rd Unit 425-1 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $216,000 - $233,000

2 Beds
2.5 Baths
1,800-1,999 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $229,000 $115 Per Sq Ft

Current estimated payment $1,370/month

40 Days on Market

Highlights

  • Gated Parking
  • 1 Fireplace
  • End Unit
  • White Station High Rated A
  • Separate Formal Living Room
  • Community Pool

About This Home

As of June 2024

Welcome home to Perkins Gardens! Nestled in the heart of East Memphis, this gated townhouse boasts a covered parking place, plenty of storage, a private balcony, and a pool. Updates include new flooring, a new roof, new paint, some new plumbing. This pet-friendly property is perfect for someone that wants a strong and safe community. It truly is a rare offering and won't last long, schedule a showing today!

Last Agent to Sell the Property

Jacob Laurence

Keller Williams License #339121 Listed on: 03/22/2024

Keller Williams

Last Buyer's Agent

Connie Davis

Lawrence Johnson, REALTORS License #285941

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1970

Lot Details

  • End Unit
  • Landscaped

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,912 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 057019 B00016

Community Details

Overview

  • Property has a Home Owners Association
  • $440 Maintenance Fee
  • Perkins Gardens Community
  • Perkins Gardens Condo Subdivision
  • Property managed by Faith Management

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,287

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: End Unit, Town House
  • MLS Map #: 756E
  • MAAR Subdivision Name: PERKINS GARDENS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 119.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1912
  • Year Built: 1970
  • List Price/ Sq Ft: 120
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections, Kit/DR Combo
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Balcony, Well Landscaped Grounds
  • Pool Description: Neighborhood

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Gated Parking, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central, Dual System, 220 Wiring
  • Heating: Central, Dual System

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Perkins Gardens
  • Management Company: Faith Management

Fee Information

  • Monthly Maintenance Fee: 440

Lot Info

  • Lot Number: UNIT 31
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 057019 B00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 6, 2024
Sold by
Phillips Kendall Thomas
Bought by
White Mary Elizabeth
Seller's Agent
Jacob Laurence
Keller Williams
Buyer's Agent
Connie Davis
Lawrence Johnson, REALTORS
List Price
$235,000
Sold Price
$229,000
Premium/Discount to List
-$6,000
-2.55%
Views
117
Current Estimated Value
$228,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$296
Avg. Annual Appreciation
0.28%
Original Mortgage
$169,000
Outstanding Balance
$167,482
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$62,280

Purchase Details

Listed on
Mar 11, 2018
Closed on
Jun 29, 2018
Sold by
Portis Sandra King and Tobin Janice King
Bought by
Phillips Kendall Thomas
Seller's Agent
Alta Simpson
Marx-Bensdorf, REALTORS
Buyer's Agent
Meredith McDonald
Ware Jones, REALTORS
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$147,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2017
Sold by
Portis Sandra King and King Janice
Bought by
Ports Sandra King and King Janice

Purchase Details

Listed on
Aug 27, 2015
Closed on
Dec 21, 2015
Sold by
Moser Marianne
Bought by
Portis Sandra King and Tobin Janice King
Seller's Agent
Kim Jones
Faith Management & Realty Grou
Buyer's Agent
Kay Coleman Gordon
REMAX Experts
List Price
$132,900
Sold Price
$115,000
Premium/Discount to List
-$17,900
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Mar 14, 1997
Sold by
Chandler Patricia
Bought by
Moser Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 1995
Bought by
Chandler Patricia
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
White Mary Elizabeth $229,000 None Listed On Document
Phillips Kendall Thomas $157,500 None Available
Ports Sandra King -- None Available
Portis Sandra King $115,000 Attorney
Moser Marianne $88,000 --
Chandler Patricia $75,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Mary Elizabeth $169,000
Previous Owner Phillips Kendall Thomas $147,500
Previous Owner Moser Marianne $57,900
Previous Owner Moser Marianne $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $229,000 0.0% $127 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $229,000 -2.6% $127 / Sq Ft
03/22/2024 03/22/24 For Sale $235,000 +49.2% $131 / Sq Ft
06/29/2018 06/29/18 Sold $157,500 -4.5% $88 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $165,000 +43.5% $92 / Sq Ft
12/21/2015 12/21/15 Sold $115,000 -13.5% $64 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $132,900 -- $74 / 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 $1,287 $58,225 $3,525 $54,700
2024 $1,287 $37,975 $3,525 $34,450
2023 $1,287 $37,975 $3,525 $34,450
2022 $2,313 $37,975 $3,525 $34,450
2021 $2,340 $37,975 $3,525 $34,450
2020 $2,223 $30,675 $3,525 $27,150
2019 $980 $30,675 $3,525 $27,150
2018 $980 $30,675 $3,525 $27,150
2017 $1,004 $30,675 $3,525 $27,150
2016 $1,639 $37,500 $0 $0
2014 $1,639 $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168499

Memphis Area Association of REALTORS®

APN: 05-7019-B0-0016