For sale

Price cut: $10K (7/5)

$220,000

5400 Park Ave APT 103, Memphis, TN 38119

1beds

851sqft

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Condominium

Built in 1988

-- sqft lot

$217,200 Zestimate^®

$259/sqft

$-- HOA

What's special

Gated communityExercise roomRefrigerator staysTennis courtsHardwood floorsSecurity camerasOutdoor grilling area

Luxury life style in The Monarch. First floor 1 bedroom unit. Hardwood floors. Bath renovated in 2023. New range & double ovens 2023. New hot water heater 2023. New microwave 2022. The Monarch includes pool, exercise room, tennis courts & outdoor grilling area. Stackable washer & dryer stay. Refrigerator stays. Guess suite is available to rent for $60 per night. Gated community and security cameras for your security. Location is convenient to shopping, restaurants and hospital. No keyboxes allowed all appointments Agent must meet!!!

118 days

101

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Vaulted/Coffered Ceiling, Hardwood Floor
Level: First
Area: 182
Dimensions: 14 x 13

Primary bathroom

Features: Double Vanity, Separate Shower, Tile Floor

Dining room

Area: 72
Dimensions: 6 x 12

Kitchen

Features: Pantry
Area: 72
Dimensions: 8 x 9

Living room

Features: LR/DR Combination
Area: 180
Dimensions: 12 x 15

Den

Dimensions: 0 x 0

Heating

Central, Electric Heat Pump

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Water Heater, Range/Oven, Double Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: Laundry Closet

Features

All Bedrooms Down, Primary Down, Renovated Bathroom, Double Vanity Bath, Smooth Ceiling, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile
Windows: Double Pane Windows, Window Treatments
Has fireplace: No

Interior area

Total interior livable area: 851 sqft

Property

Parking

Total spaces: 1
Parking features: Gate Clickers, Assigned
Covered spaces: 1

Features

Stories: 1
Exterior features: On-Site Storage
Pool features: Community, None
Fencing: Brick/Iron Fenced

Lot

Features: Some Trees, Level, Professionally Landscaped

Details

Parcel number: 067086 B00004

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick Veneer, Synthetic Stucco
Foundation: Slab
Roof: Built-Up/Flat

Condition

New construction: No
Year built: 1988

Utilities & green energy

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

Community & HOA

Community

Features: Tennis Court(s), Fitness Center, Guest Rm Available
Security: Fire Alarm, Smoke Detector(s), Security Gate, Dead Bolt Lock(s), 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, Pest Control

Location

Region: Memphis

Financial & listing details

Price per square foot: $259/sqft
Tax assessed value: $223,900
Annual tax amount: $2,951
Price range: $220K - $220K
Date on market: 3/10/2026
Cumulative days on market: 119 days
Listing terms: Conventional

Estimated market value

$217,200

$206,000 - $228,000

$1,880/mo

Price history

Date	Event	Price
7/5/2026	Price change	$220,000-4.3%$259/sqft
Source: MAAR #10216442 Report a problem
6/11/2026	Price change	$230,000-2.1%$270/sqft
Source: MAAR #10216442 Report a problem
4/28/2026	Price change	$235,000-2.1%$276/sqft
Source: MAAR #10216442 Report a problem
3/10/2026	Listed for sale	$240,000-5.9%$282/sqft
Source: MAAR #10216442 Report a problem
10/2/2024	Listing removed	$255,000$300/sqft
Source: MAAR #10182143 Report a problem
9/27/2024	Listed for sale	$255,000+6.7%$300/sqft
Source: MAAR #10182143 Report a problem
8/22/2022	Sold	$239,000$281/sqft
Source: MAAR #10126514 Report a problem
7/21/2022	Contingent	$239,000$281/sqft
Source: MAAR #10126514 Report a problem
6/16/2022	Listed for sale	$239,000+69.3%$281/sqft
Source: MAAR #10126514 Report a problem
8/4/2018	Listing removed	$1,500$2/sqft
Source: Faith Management & Realty Grou #10030259 Report a problem
6/25/2018	Listed for rent	$1,500$2/sqft
Source: Faith Management & Realty Grou #10030259 Report a problem
11/7/2007	Sold	$141,200$166/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,950 +6.5%	$55,975 +33.1%
2024	$2,769 +8.1%	$42,050
2023	$2,562	$42,050
2022	--	$42,050
2021	--	$42,050 +30.9%
2020	$1,027	$32,125
2019	$1,027 -21.1%	$32,125
2018	$1,301 -45.1%	$32,125
2017	$2,371 +168.2%	$32,125 +23.6%
2016	$884 -21.5%	$26,000
2014	$1,126	$26,000
2013	--	$26,000 -26.3%
2012	--	$35,300
2011	--	$35,300
2010	--	$35,300
2009	--	$35,300 -8.9%
2008	--	$38,750
2007	--	$38,750

Find assessor info on the county website

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