For sale

Price cut: $11K (8/31)

$289,000

405 S Perkins Rd APT 430, Memphis, TN 38117

2beds

1,586sqft

$2,090/mo

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Condominium

Built in 1990

-- sqft lot

$284,000 Zestimate^®

$182/sqft

$-- HOA

What's special

Well-kept common areasWood-burning fireplaceGated groundsSecured lobby entryFresh paintTwo bedroomsAttached garage parking included

Top floor at the Terraces at Laurelwood, and the location is the whole point — one turn off Poplar, across from Sprouts, walk to Laurelwood. 1,586 square feet, all on one level, elevator to your door. Two bedrooms, two full baths, both recently redone. The primary bath has a walk-in shower. Open living and dining with a wood-burning fireplace, new luxury vinyl plank throughout, fresh paint, updated lighting. Top floor means no one overhead and a lot more light than you expect from a condo. Attached garage parking included. Gated grounds, secured lobby entry, well-kept common areas — the building is maintained the way you'd want it maintained. HOA is $495/month and covers exterior maintenance, grounds, water, trash and common areas. White Station schools. Priced under recent closings in this building. Floor plan available.

90 days
127
7

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Smooth Ceiling, Walk-In Closet(s)
Level: First
Area: 168
Dimensions: 12 x 14

Bedroom 2

Features: Shared Bath, Smooth Ceiling
Level: First
Area: 154
Dimensions: 14 x 11

Primary bathroom

Features: Full Bath

Dining room

Area: 96
Dimensions: 12 x 8

Kitchen

Features: Eat-in Kitchen, Pantry, Washer/Dryer Connections
Area: 121
Dimensions: 11 x 11

Living room

Features: LR/DR Combination
Area: 256
Dimensions: 16 x 16

Den

Dimensions: 0 x 0

Heating

Central, Natural Gas

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Gas Water Heater, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven, Washer

Features

All Bedrooms Down, Double Vanity Bath, Full Bath Down, Luxury Primary Bath, Primary Down, Separate Tub & Shower, Trash Chute, Walk-In Closet(s), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Windows: Double Pane Windows
Basement: Common Basement
Number of fireplaces: 2

Interior area

Total interior livable area: 1,586 sqft

Video & virtual tour

Property

Parking

Total spaces: 1
Parking features: Assigned, Circular Driveway, Guest, Parking Lot, Storage
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Covered Patio
Exterior features: Balcony, Sidewalks
Pool features: None

Lot

Size: 1,830 Square Feet
Dimensions: 1,830 SQFT
Features: Well Landscaped Grounds

Details

Parcel number: 057019 E00026

Construction

Type & style

Home type: Condo
Architectural style: Other (See Remarks)
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick Veneer
Roof: Composition Shingles

Condition

New construction: No
Year built: 1990

Community & HOA

Community

Features: Other (See REMARKS)
Subdivision: Terraces At Laurelwood 1st Amend

Location

Region: Memphis

Financial & listing details

Price per square foot: $182/sqft
Tax assessed value: $308,100
Annual tax amount: $4,060
Price range: $289K - $289K
Date on market: 7/13/2026
Cumulative days on market: 94 days

Estimated market value

$284,000

$270,000 - $298,000

$1,528/mo

Price history

Date	Event	Price
8/31/2026	Price change	$289,000-3.7%$182/sqft
Source: MAAR #10225998 Report a problem
7/13/2026	Listed for sale	$300,000-4.7%$189/sqft
Source: MAAR #10225998 Report a problem
2/10/2026	Listing removed	$314,900$199/sqft
Source: MAAR #10204088 Report a problem
1/14/2026	Price change	$314,900-3.1%$199/sqft
Source: MAAR #10204088 Report a problem
10/29/2025	Price change	$324,900-4.2%$205/sqft
Source: MAAR #10204088 Report a problem
9/22/2025	Price change	$339,000-3.1%$214/sqft
Source: MAAR #10204088 Report a problem
8/22/2025	Listed for sale	$350,000+121.5%$221/sqft
Source: MAAR #10204088 Report a problem
12/1/2010	Sold	$158,000-4.2%$100/sqft
Source: Public Record Report a problem
9/17/2010	Price change	$164,900-2.4%$104/sqft
Source: Marx & Bensdorf Real Estate & Investment Co. #3198453 Report a problem
6/11/2010	Listed for sale	$169,000+2.5%$107/sqft
Source: Marx & Bensdorf Real Estate & Investment Co. #3198453 Report a problem
9/30/1997	Sold	$164,900$104/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,060 +27.4%	$77,025 +59.1%
2024	$3,187 +8.1%	$48,400
2023	$2,948	$48,400
2022	--	$48,400
2021	--	$48,400 +10.6%
2020	$1,399	$43,775
2019	$1,399 -21.1%	$43,775
2018	$1,773 -45.1%	$43,775
2017	$3,231 +121%	$43,775 +1.8%
2016	$1,462 +3.2%	$43,000
2014	$1,417	$43,000
2013	--	$43,000 -3.2%
2012	--	$44,425
2011	--	$44,425
2010	--	$44,425 -16.3%
2009	--	$53,100 +11.8%
2008	--	$47,500
2007	--	$47,500
2006	--	$47,500
2005	--	$47,500 +11%
2004	--	$42,800
2003	--	$42,800
2002	--	$42,800
2001	--	$42,800 +51.6%
2000	--	$28,225