Rare opportunity to own 2 BR ground floor, facing Park Ave. Gorgeous wood flooring thru out, 9 ft smooth ceilings, exquisite crown molding, fireplace, plantation shutters, window treatments. Knockout kitchen with new appliances, new HVAC with warranty. Spacious primary bedroom with dressing area, 2 closets and walk-in shower. Unmatched amenities include onsite property mgr, security/concierge, pool, pickleball court, well-equipped gym, guest suite, library, and elegant Pauline Rm for entertaining. Ideally located in the heart of East Mphs., convenient to great restaurants, shopping, airport and downtown. You will love your new carefree lifestyle at the Monarch, a warm friendly community with the most wonderful neighbors.
Sold for $345,000
$345,000
5400 Park Ave APT 101, Memphis, TN 38119
2beds
1,309sqft
Condominium
Built in 1988
-- sqft lot
$337,400 Zestimate®
$264/sqft
$2,093 Estimated rent
Home value
$337,400
$310,000 - $364,000
$2,093/mo
Zestimate® history
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List your homeWhat's special
New hvac with warrantyFacing park aveKnockout kitchenPlantation shuttersNew appliancesWood flooringExquisite crown molding
Zillow last checked:
Listing updated:
Listed by:
Belinda K Raines,
Faith Management & Realty Grou
Bought with:
Belinda K Raines
Faith Management & Realty Grou
Source: MAAR,MLS#: 10182699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s), Smooth Ceiling, Hardwood Floor
- Dimensions: 0 x 0
Bedroom 2
- Features: Private Full Bath, Smooth Ceiling, Hardwood Floor
- Level: First
Primary bathroom
- Features: Dressing Area, Smooth Ceiling, Tile Floor, Full Bath
Dining room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Pantry
Living room
- Features: LR/DR Combination
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central, Electric Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Laundry Room, Laundry Closet
Features
- All Bedrooms Down, 1 or More BR Down, Primary Down, Two Primaries, Renovated Bathroom, 2 Full Primary Baths, Smooth Ceiling, High Ceilings, Cable Wired, Walk-In Closet(s), 2 or More Elevators, Trash Chute, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
- Flooring: Hardwood, Tile
- Windows: Wood Frames, Double Pane Windows, Storm Window(s), Window Treatments
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: End Unit
Interior area
- Total interior livable area: 1,309 sqft
Property
Parking
- Total spaces: 1
- Parking features: Gate Clickers, Assigned, Guest
- Covered spaces: 1
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: Auto Lawn Sprinkler, Gas Grill, Tennis Court(s), Sidewalks
- Has private pool: Yes
- Pool features: Pool Cleaning Equipment, Pool Heater, In Ground
- Spa features: Community
- Fencing: Wood,Brick/Stone Fenced,Brick/Iron Fenced,Brick or Stone Fence,Wood Fence,Brick/Ironed Fence
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake/Pond on Property
Lot
- Size: 5.5 Acres
- Features: Corner Lot, Professionally Landscaped, Well Landscaped Grounds
Details
- Parcel number: 067086 B00002
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Synthetic Stucco
- Foundation: Slab
- Roof: Built-Up/Flat
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Tennis Court(s), Lighted Tennis Court(s), Fitness Center, Clubhouse w/ Kitchen, Guest Rm Available, Courtyard
- Security: Security System, Smoke Detector(s), Fire Alarm, Monitored Alarm System, Security Gate, Limited Access, Part Time Guard Service, Closed Circuit Camera(s)
- Subdivision: 1st Amendment To The Monarch Condos
HOA
- Services included: Some Utilities, Water/Sewer, Trash, Maintenance Structure, Maintenance Grounds, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $332,900
- Annual tax amount: $3,497
- Price range: $345K - $345K
- Date on market: 10/6/2024
- Cumulative days on market: 4 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2025 | Sold | $345,000-1.4%$264/sqft |
Source:  MAAR #10182699 Report a problem | ||
| 10/10/2024 | Pending sale | $350,000$267/sqft |
Source: MAAR #10182699 Report a problem | ||
| 10/6/2024 | Listed for sale | $350,000+55.6%$267/sqft |
Source: MAAR #10182699 Report a problem | ||
| 9/10/2019 | Sold | $225,000+51%$172/sqft |
Source: MAAR #10058231 Report a problem | ||
| 5/23/2012 | Sold | $149,000-28%$114/sqft |
Source: MAAR #3244625 Report a problem | ||
| 3/29/2006 | Sold | $207,000$158/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,387 +16% | $83,225 +45% |
| 2024 | $3,780 +8.1% | $57,400 |
| 2023 | $3,497 | $57,400 |
| 2022 | -- | $57,400 |
| 2021 | -- | $57,400 +27.6% |
| 2020 | $1,438 | $45,000 |
| 2019 | $1,438 -21.1% | $45,000 |
| 2018 | $1,823 -45.1% | $45,000 |
| 2017 | $3,322 +162.3% | $45,000 +20.8% |
| 2016 | $1,267 -24.7% | $37,250 |
| 2014 | $1,682 | $37,250 |
| 2013 | -- | $37,250 -29.4% |
| 2012 | -- | $52,750 |
| 2011 | -- | $52,750 |
| 2010 | -- | $52,750 |
| 2009 | -- | $52,750 +1.9% |
| 2008 | -- | $51,750 |
| 2007 | -- | $51,750 |
Find assessor info on the county website
Neighborhood: East Memphis-Colonial-Yorkshire
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Nearby schools
GreatSchools rating
- 4/10Sea Isle Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Colonial Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10White Station High SchoolGrades: 9-12Distance: 1.7 mi
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$337,400
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- Tennessee
- Shelby County
- Memphis
- 38119
- East Memphis-Colonial-Yorkshire
- 5400 Park Ave Apartment 101
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