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For sale
  • $40,000

    2829 Sonora Dr APT 2, Memphis, TN 38115

    2beds
    960sqft
    : 
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    Condominium
    Built in 1973
    -- sqft lot
    $44,400 Zestimate®
    $42/sqft
    $-- HOA

    What's special

    Low-maintenance unitNew appliancesNew oven and refrigerator
    Turnkey and ready to go, this beautiful 2-bedroom, 2-bath condo in The Hamlets is an excellent opportunity for both investors and owner-occupants. Featuring new appliances, including a new oven and refrigerator, this low-maintenance unit is move-in ready from day one. Investors will appreciate the strong rental potential of approximately $850 per month, easily exceeding the 1% rule, while buyers looking to own an affordable home free and clear will love the value this property offers. Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today! VIDEO AVAILABLE UPON REQUEST!!
    5 days
    |
    67
    |
    8
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan A Ray,

    eXp Realty, LLC 901-505-0756

    Source: MAAR,MLS#: 10226213MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Entry Hall, Loft/Balcony, Other (See Remarks)
      Primary bedroom
      • Dimensions: 0 x 0
      Bedroom 2
      • Dimensions: 0 x 0
      Primary bathroom
      • Features: Tile Floor, Full Bath
      Dining room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Updated/Renovated Kitchen, Washer/Dryer Connections
      • Dimensions: 0 x 0
      Living room
      • Features: LR/DR Combination
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Vent Hood/Exhaust Fan, Disposal, Refrigerator, Other (See REMARKS)
      • Laundry: Laundry Closet
      Features
      • Other (See Remarks), Storage, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Tile, Vinyl
      • Has fireplace: No
      Interior area
      • Total interior livable area: 960 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Gated, Parking Lot, Unassigned, Other (See REMARKS)
      Features
      • Stories: 1
      • Exterior features: Tennis Court(s), On-Site Storage, Balcony, Enclosed Balcony, Storage, Sidewalks, Other (See REMARKS)
      • Pool features: Neighborhood
      Lot
      • Features: Well Landscaped Grounds
      Details
      • Additional structures: Pool House
      • Parcel number: 074090 A00203

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Clubhouse, Gated, Other (See Remarks), Tennis Court(s), On-Site Storage, Other (See REMARKS)
      • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s), Other (See REMARKS)
      • Subdivision: The Hamlets
      HOA
      • Services included: Exterior Insurance, Maintenance Structure, Maintenance Grounds, Management Fees, Other (See REMARKS), Parking, Reserve Fund, Trash
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $42/sqft
      • Tax assessed value: $37,100
      • Annual tax amount: $489
      • Price range: $40K - $40K
      • Date on market: 7/16/2026
      • Cumulative days on market: 6 days
      • Listing terms: Conventional,Other (See REMARKS)

        Estimated market value

        $44,400

        $35,000 - $56,000

        $1,030/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$40,000+37.9%$42/sqft
        Source: MAAR #10226213 Report a problem
        11/9/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/19/2023Listed for rent$875+42.3%$1/sqft
        Source: Zillow Rentals Report a problem
        9/12/2019Listing removed$615$1/sqft
        Source: Reedy & Company Report a problem
        7/17/2019Price change$615+3.4%$1/sqft
        Source: Reedy & Company Report a problem
        7/10/2019Listed for rent$595$1/sqft
        Source: Reedy & Company Report a problem
        5/4/2018Listing removed$595$1/sqft
        Source: Reedy and Company Realtors, LLC Report a problem
        4/12/2018Listed for rent$595-4.8%$1/sqft
        Source: Reedy and Company Realtors, LLC Report a problem
        3/2/2017Listing removed$625$1/sqft
        Source: Reedy and Company Realtors LLC Report a problem
        1/19/2017Listed for rent$625$1/sqft
        Source: Reedy and Company Realtors LLC Report a problem
        10/17/2007Sold$29,000+23.9%$30/sqft
        Source: Public Record Report a problem
        8/28/2006Sold$23,409$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$489 +16.4%$9,275 +45.5%
        2024$420 +8.1%$6,375
        2023$388 $6,375
        2022-- $6,375
        2021-- $6,375 +34.2%
        2020$152 $4,750
        2019$152 -21.1%$4,750
        2018$192 -45.1%$4,750
        2017$351 +27.7%$4,750 -41.2%
        2016$275 -10.6%$8,075
        2014$307 $8,075
        2013-- $8,075 -16.1%
        2012-- $9,625
        2011-- $9,625
        2010-- $9,625
        2009-- $9,625
        2008-- $9,625
        2007-- $9,625
        2006-- $9,625
        2005-- $9,625 +5.5%
        2004-- $9,125
        2003-- $9,125
        2002-- $9,125
        2001-- $9,125 +6.1%
        2000-- $8,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hickory Ridge-South Riverdale

        Getting around

        47 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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