Heart of East Memphis! Out of all the condominiums I have sold in this fabulous building over the years, this one is BY FAR the best! The love and attention to detail the owner used in her renovations and updates allow you to MOVE RIGHT IN! When she moved in 8 years ago, $40,000 was spent to bring it to a new life! From the updated Granite Kitchen w/ 23 Soft-Close cabinets to the Updated Baths, almost EVERY surface was touched and enhanced, including new Air Conditioning last year - and we have a complete list attached and in our brochure. And let’s not forget the safety and security of GATED underground assigned parking w/ assigned storage, cameras, and limited access to front entry. Appealing to all ages and positions in life, from professionals to retirees, this building has an active HOA that includes a social committee that plans regular gatherings for Holidays, potlucks and outside restaurant visits. Community Room & Library and Guest Suite available off Lobby. No Rentals allowed.
CondoProperty Type
1989Year Built
1 spaceParking
Listed by Sheldon Rosengarten• Marx-Bensdorf, REALTORS
Greenway Gardens-Brennan, located between Poplar Avenue and Walnut Grove Road, is a residential and institutional Memphis neighborhood with mid-century brick homes and leafy, curving streets. The neighborhood’s energy concentrates around the Poplar Avenue corridor near the University of Memphis, where coffee counters, casual eateries, and campus foot traffic set the daily rhythm. The University of Memphis anchors the area with collegiate architecture and event nights at the FedExForum-adjacent pipeline of Tigers sports. Dixon Gallery & Gardens adds a quiet cultural counterpoint with formal grounds and rotating exhibitions. Audubon Park and the Memphis Botanic Garden shape an outdoors-forward routine with trails and seasonal plantings. Housing reads as ranches, split-levels, and tidy apartment communities, with a practical, lived-in feel.
Provided by Walk Score and Local Logic
Offer insights
405 S Perkins Rd #340 · $299,000
$299K and above
75% chance or better to win
Why $299K+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 66 days.
SALE-TO-LIST
95.4%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
One fireplace (ventless gas, prefabricated with gas logs) in the living room
Elevator
All window treatments included
Smoke detectors
Wheelchair accessible design
9+ ft. ceilings
Smooth ceilings throughout
Bedrooms
Two bedrooms, both on the main level
Primary bedroom (carpet, full bath) — 14 x 13
Second bedroom (carpet, shared bathroom) — 13 x 13
Split bedroom plan
Bathrooms
Two full bathrooms
Primary bath with double sinks, separate shower, tile floor, and smooth ceiling
Renovated/luxury master bath features including double vanity, whirlpool and separate tub & shower
Kitchen
Updated/renovated kitchen
Eat-in kitchen
Range/oven with cooktop
Self-cleaning oven
Dishwasher
Disposal
Microwave
Refrigerator
Laundry & utility
Washer and dryer included
Laundry room on main level (all bedrooms down)
Flooring
Wall-to-wall carpet
Tile floors in baths/kitchen areas
Heating & cooling
Gas heating
Central air conditioning
Ceiling fans
220V wiring
Exterior features
Patio, courtyard and balcony
Well landscaped grounds
Some trees
Full basement
Home design
Attached single-family (condominium unit) with traditional style
Built in 1989
Zero lot line
Mid-rise building (3–6 stories), upstairs flat unit
Parking
One covered parking space
Circular drive and parking lot
Assigned parking and designated guest parking
On-site storage room(s)
Security
Limited access
Deadbolt locks
Construction
Brick veneer exterior
Composition shingle roof
Full basement foundation
Has termite contract
Utilities
Public water and public sewer
Electric water heater
HOA & community
Condominium association (Terraces at Laurelwood) managed by Wright Property Mgmt
Condo fees include exterior maintenance, management fees, parking, pest control contract, and all utilities
Guest room available
Monthly maintenance fee: $477
Financial info
Financing accepted: Conventional, FHA, VA
Other
35 units in the building
Directions: Just south of Cole Road on the quiet section of Perkins; from Poplar go north to the building on your left; from Walnut Grove go south and it will be on your right.
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229316
Aug 28, 2026
Listed
$299,000
Memphis Area Association of Realtors(R) MLS #10022515
Apr 26, 2018
Sold
$200,000
Mar 15, 2018
Listed
$199,900
Very nice, spacious 2 bedroom/ 2 bath condo in East Memphis! Large kitchen, separate breakfast and dining rooms; large living room with gas fireplace; living room and both bedrooms open up to the balcony. Master bath has seperate tub and shower. Come see this one before it's gone!
Memphis Area Association of Realtors(R) MLS #2662168
Mar 26, 2007
Sold
$210,000
Jan 19, 2007
Listed
$223,500
+4
Terraces of Laurelwood! Secure/Limited Access including Covered Parking & Storage! New Windows/Beautiful Light & Views! 20 Cabinets in Spacious Kitchen! LR w/ FP! Personal Laundry Rm!
Public Records
Sep 16, 1992
Sold
$118,000
Public Records
Mar 22, 1991
Sold
$2,485,808
Public Records
Jul 12, 1988
Sold
$496,757
Year
Property tax
Land + Additions
Assessment*
2025
$3,943 (+24.5%)
$6,600 + $68,200
$74,800
2024
$3,166 (+8.1%)
$6,600 + $68,200
$74,800
2023
$2,929
$6,600 + $41,475
$48,075
2022
$2,929 (−1.2%)
$6,600 + $41,475
$48,075
2021
$2,963 (−3.9%)
$6,600 + $41,475
$48,075
2020
$3,083
$6,600 + $41,475
$48,075
2019
$3,083
$6,600 + $35,950
$42,550
2018
$3,083 (+76.3%)
$6,600 + $35,950
$42,550
2017
$1,749 (−5.8%)
$6,600 + $35,950
$42,550
2016
$1,857
$6,600 + $35,950
$42,550
2014
$1,857
$6,625 + $35,875
$42,500
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,486
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,486
Year built
1989
Style
Condo/Co-op
County
Shelby County
APN
057019 E00019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RU-3
Residential Urban-3 District
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.