OFF MARKET

Off market dec 2015 for $174K

$247,175

Est. refi paymentEst. refi $1,222/mo

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2 ba

•

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sq ft

405 S Perkins Rd S #420, Memphis, TN 38117

About this home

Convenient luxury in this sophisticated 2 BR 2 Bath condo with balcony, secure gated parking, gas log fireplace, extra long tub in master, BRAND new oven and microwave, separate laundry room. Guest quarters and party room available. VERY close to schools, grocery, bank and pharmacy! GREAT location in heart of East Memphis. Pristine condition, Move in ready, custom draperies are beautiful and neutral. Total winner! NO RENTALS

CondoProperty Type

1992Year Built

1 spaceParking

Listed by Jan Gordon • Crye-Leike, Inc., REALTORS

Bought with Marjo Labonte • The Restivo Group, REALTORS

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #9963567

Redfin Estimate

$247,175

$73K since sold in December 2015$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13% higher than the average sale price ($219K) of 6 comparable homes.

SOLD JUL 7, 2026
$335,000
A
2 beds2 baths1,310 sq ft
5400 Park Ave #413, Memphis, TN 38119
SOLD JUN 10, 2026
$355,000
B
2 beds2 baths1,310 sq ft
5400 Park Ave #112, Memphis, TN 38119
SOLD JUL 16, 2026
$137,000
C
2 beds2 baths— sq ft
809 Merrywood Dr #4, Memphis, TN 38117
SOLD MAY 19, 2026
$132,500
D
2 beds2 baths1,000 sq ft
4776 Audubon View Cir #1, Memphis, TN 38117
SOLD JUN 30, 2026
$178,000
E
2 beds2 baths1,320 sq ft
4400 Poplar Ave #25, Memphis, TN 38117
SOLD JUN 23, 2026
$174,900
F
3 beds2 baths— sq ft
4742 Oakbrook Ct #1, Memphis, TN 38117

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Earn from this home

Refinance

Est. cash available

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Rent

$1,559/mo

Redfin rental estimate

List your home for rent

Market trends in 38117, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.7%

1.0% MoM

Median sale price

$285K

$5K MoM

Avg. days on market

56d

20 days MoM

Recently sold homes

141

5 MoM

New listings for sale

NEW 29 HRS AGO
$239,900
3 beds1.5 baths— sq ft
1452 S White Station Rd, Memphis, TN 38117
$2,750,000
5 beds6 baths— sq ft
4130 Gwynne Rd, Memphis, TN 38117
$250,000
3 beds2 baths— sq ft
1077 Wellsville Rd, Memphis, TN 38117
$210,000
3 beds1 bath— sq ft
1231 S White Station Rd, Memphis, TN 38117
$675,000
5 beds3.5 baths— sq ft
4002 Walnut Grove Rd, Memphis, TN 38117
$325,000
3 beds2 baths— sq ft
100 Wallace Rd, Memphis, TN 38117
$324,900
3 beds2 baths— sq ft
5143 Sequoia Rd, Memphis, TN 38117
$219,900
3 beds2 baths— sq ft
748 Hedgegrove Dr #4803, Memphis, TN 38117
3D WALKTHROUGH
$359,900
3 beds2 baths— sq ft
5179 Peg Ln, Memphis, TN 38117
$200,000
3 beds2 baths— sq ft
4400 Poplar Ave #17, Memphis, TN 38117
See all

Provided by Redfin

Sale history for 405 S Perkins Rd S #420

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #9963567

Dec 18, 2015

Sold

$174,350

Oct 19, 2015

Listed

$174,900

Memphis Area Association of Realtors(R) MLS #3276106

Aug 27, 2013

Sold

$152,000

Jul 10, 2013

Listed

$154,000

Public Records

Apr 26, 2013

Sold

$143,000

Public Records

Apr 9, 1996

Sold

$133,000

Public Records

Mar 18, 1992

Sold

$110,000

Public Records

Mar 22, 1991

Sold

$2,485,808

Public Records

Jul 12, 1988

Sold

$496,757

Year

Property tax

Land + Additions

Assessment*

2025

$3,585 (+19.9%)

$5,925 + $62,100

$68,025

2024

$2,990 (+8.1%)

$5,925 + $62,100

$68,025

2023

$2,766

$5,925 + $39,475

$45,400

2022

$2,766 (−1.2%)

$5,925 + $39,475

$45,400

2021

$2,798 (−7.5%)

$5,925 + $39,475

$45,400

2020

$3,023

$5,925 + $39,475

$45,400

2019

$3,023

$5,925 + $35,800

$41,725

2018

$3,023 (+76.3%)

$5,925 + $35,800

$41,725

2017

$1,715 (−4.2%)

$5,925 + $35,800

$41,725

2016

$1,791

$5,925 + $35,800

$41,725

2014

$1,791

$6,625 + $34,375

$41,000

Tax history for 405 S Perkins Rd S #420

Year

Property tax

Land + Additions

Assessment*

2025

$3,585 (+19.9%)

$5,925 + $62,100

$68,025

2024

$2,990 (+8.1%)

$5,925 + $62,100

$68,025

2023

$2,766

$5,925 + $39,475

$45,400

2022

$2,766 (−1.2%)

$5,925 + $39,475

$45,400

2021

$2,798 (−7.5%)

$5,925 + $39,475

$45,400

2020

$3,023

$5,925 + $39,475

$45,400

2019

$3,023

$5,925 + $35,800

$41,725

2018

$3,023 (+76.3%)

$5,925 + $35,800

$41,725

2017

$1,715 (−4.2%)

$5,925 + $35,800

$41,725

2016

$1,791

$5,925 + $35,800

$41,725

2014

$1,791

$6,625 + $34,375

$41,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,330

Year built

1989

Style

Condo/Co-op

County

Shelby County

APN

057019 E00025

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.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space

Property details

Parking

Parking Information
# of Covered Parking Spaces: 1
Carport/Garage: Garage
Parking/Storage: Gated Parking, Assigned Parking, Designated Guest Parking, Common Parking Garage
Attached/Detached Parking: Attached

Interior

Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions: 14 x 14
Master Bedroom Dimensions: 14 x 14
Master Bedroom Description: Walk-In Closet, Full Bathroom, Carpet
Bedroom 2 Dimensions: 13 x 11
Bedroom 2 Dimensions: 13 x 11
Bedroom 2 Description: Carpet

Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Master Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Carpet

Interior Features
# of Fireplaces: 1
# of Rooms: 4
# of Stories: 4
Miscellaneous Interior: All Window Treatments, Cat/Dog Free House
Interior Equipment: Cooktop, Dishwasher, Cable (Wired)
Floors/Ceilings: Part Carpet
Fireplace: In Living Room, Gas Starter, Gas Logs

Room Information
Living Room Dimensions: 24 x 14
Dining Room Dimensions:
Den/Great Room Dimensions:
Kitchen Dimensions: 10x9
Dining Room Dimensions: 0x0
Breakfast Dimensions: 11x7
Living Room Dimensions: 24x14
Living/Dining/Kitchen: Separate Living Room, Living Room/Dining Room Combination, Updated/Renovated Kitchen, Separate Breakfast Room
Den/Great Room Dimensions: 0x0
Other Rooms: Laundry Room
Additional Bedroom/Bathroom Info: Split Bedroom Plan, Luxury Master Bathroom, Double Vanity Bathroom , Separate Tub & Shower

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Balcony
Exterior/Windows: Brick Veneer
Roof: Composition Shingles

Lot Information
Parcel ID: 057019 E00025
Lot #: UNIT 420
Lot Size: 216.64/120.44+100.07X225.81+~
Lot Description: Landscaped
Area: 756E

Property Information
Attached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: Not Available
Year Built: 1992

Financial

Tax Information
Annual City Tax: $1,394
Annual County Tax: $1,792

Utilities

Utility Information
Water & Sewer: Electric Water Heater
Heating: Central
Cooling: Central, Ceiling Fan(s)

Location

Multi-Unit Information
Detached Unit Type: General Residential
Attached Unit Type: Mid Rise (3-6 Stories)

Homeowners Association Information
Management Company: Wright
Is Condo
Condo Amenities: Guest Rm Available
Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
Is Condominium Association
Condominium Name: Terraces of Laurelwo
Monthly Maintenance Fee: $318

Location Details
Directions: Going East on Poplar turn North (Left) on Perkins (Not Perkins EXT), Terraces of Laurelwood will be on left (4 story building). Please do not park in the handicapped spaces.
MAAR Subdivision Name: TERRACES AT LAURELWOOD

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,330
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1989
Year Renovated: —
County: Shelby County
APN: 057019 E00025

Home facts updated by county records on Jul 13, 2026

About this building

2 for sale

405 S Perkins Rd, Memphis, TN 38117

See photos & sale trends

Photo via 405 S Perkins Rd #150

Units for sale


430	$289,000	2 beds	2 baths	— sq ft
340	$299,000	2 beds	2 baths	— sq ft

Around this home

Schools

White Station Elementary School

Public PreK-5 • Assigned • 1.4mi

6/10

White Station Middle School

Public 6-8 • Assigned • 2.0mi

8/10

White Station High School

Public 9-12 • Assigned • 0.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 109° expected this year, 22 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38117

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$235,000 – $285,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

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2 beds2 baths— sq ft

232 S Highland St #505, Memphis, TN 38111

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3 beds2.5 baths— sq ft

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1 bed1 bath— sq ft

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New listings for sale in 38117

NEW 29 HRS AGO

$239,900

3 beds1.5 baths— sq ft

1452 S White Station Rd, Memphis, TN 38117

$2,750,000

5 beds6 baths— sq ft

4130 Gwynne Rd, Memphis, TN 38117

$250,000

3 beds2 baths— sq ft

1077 Wellsville Rd, Memphis, TN 38117

$210,000

3 beds1 bath— sq ft

1231 S White Station Rd, Memphis, TN 38117

$675,000

5 beds3.5 baths— sq ft

4002 Walnut Grove Rd, Memphis, TN 38117

$325,000

3 beds2 baths— sq ft

100 Wallace Rd, Memphis, TN 38117

$324,900

3 beds2 baths— sq ft

5143 Sequoia Rd, Memphis, TN 38117

$219,900

3 beds2 baths— sq ft

748 Hedgegrove Dr #4803, Memphis, TN 38117

3D WALKTHROUGH

$359,900

3 beds2 baths— sq ft

5179 Peg Ln, Memphis, TN 38117

Home values near 405 S Perkins Rd S #420

Data from public records.

Address	Redfin Estimate
405 S Perkins Road Unit 470, Memphis, TN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$283,514
405 S Perkins Road Unit 320, Memphis, TN 2 Beds \| 2 Baths \| 1330 Sq. Ft.	$278,358

Address	Redfin Estimate
405 S Perkins Road Unit 160, Memphis, TN 2 Beds \| 2 Baths \| 1600 Sq. Ft.	$275,710
405 S Perkins Road Unit 450, Memphis, TN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$296,351

Address	Redfin Estimate
405 S Perkins Road Unit 480, Memphis, TN 2 Beds \| 2 Baths \| 1607 Sq. Ft.	$328,397
405 S Perkins Road Unit 220, Memphis, TN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$306,643

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2015. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38117, TN

Sale history for 405 S Perkins Rd S #420

Tax history for 405 S Perkins Rd S #420

Public record

Property details

About this building

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 405 S Perkins Rd S #420

More real estate resources