Priced to sell and move in ready. Recent renovations are knockout. Ideally located in quiet corner of The Monarch. Open the doors to a grand marbled entrance with 9ft. ceilings, crown molding, & hardwood thru out. Wonderful natural light, spacious bedroom w/huge walk-in closet. Friendly community with unmatched amenities & services, low HOA fees and utilities. Financially sound HOA. On site property manager and staff to assist in every way. Show anytime. Ideally located in the heart of East Memphis convenient to great restaurants, shopping and easy access to the airport. Three security gates with controlled access sitting on 5.5 acres of beautifully maintained grounds. You will love living at the Monarch, carefree living at its best.
Sold for $230,000
$230,000
5400 Park Ave APT 225, Memphis, TN 38119
1beds
994sqft
Condominium
Built in 1988
-- sqft lot
$226,600 Zestimate®
$231/sqft
$1,992 Estimated rent
Home value
$226,600
$215,000 - $240,000
$1,992/mo
Zestimate® history
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List your homeWhat's special
Grand marbled entranceNatural lightCrown moldingThree security gates
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#: 10203510
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s), Smooth Ceiling, Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Primary bathroom
- Features: Full Bath
Kitchen
- Features: Updated/Renovated Kitchen, Washer/Dryer Connections
Living room
- Features: LR/DR Combination
Den
- Dimensions: 0 x 0
Heating
- Central, Electric, Electric Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Vent Hood/Exhaust Fan, Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Laundry Closet
Features
- All Bedrooms Down, Renovated Bathroom, Full Bath Down, Smooth Ceiling, High Ceilings, Cable Wired, Walk-In Closet(s), Powder/Dressing Room, 2 or More Elevators, Trash Chute, Square Feet Source: Floor Plans (Builder/Architecture)
- Flooring: Hardwood, Tile
- Windows: Wood Frames, Double Pane Windows, Window Treatments
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total interior livable area: 994 sqft
Property
Parking
- Total spaces: 1
- Parking features: Gated, Gate Clickers, Assigned, Guest
- Covered spaces: 1
Features
- Stories: 1
- Exterior features: Auto Lawn Sprinkler, Gas Grill, Tennis Court(s)
- Has private pool: Yes
- Pool features: Pool Cleaning Equipment, In Ground
- Fencing: Wood,Brick/Stone Fenced,Wrought Iron,Brick or Stone Fence,Wood Fence
- Waterfront features: Lake/Pond on Property
Lot
- Size: 5.5 Acres
- Features: Some Trees, Corner Lot, Professionally Landscaped, Well Landscaped Grounds
Details
- Parcel number: 067086B00052
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick Veneer
- 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: Lighted Tennis Court(s), Fitness Center, Clubhouse w/ Kitchen, Guest Rm Available, Courtyard
- Security: Smoke Detector(s), Monitored Alarm, Fire Alarm, Monitored Alarm System, Security Gate, Limited Access, Part Time Guard Service, Dead Bolt Lock(s), Closed Circuit Camera(s)
- Subdivision: Amended And Restated Master Deed
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: $231/sqft
- Tax assessed value: $249,600
- Annual tax amount: $3,098
- Price range: $230K - $230K
- Date on market: 8/14/2025
- Cumulative days on market: 174 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Sold | $230,000-8%$231/sqft |
Source:  MAAR #10203510 Report a problem | ||
| 2/4/2026 | Pending sale | $249,900$251/sqft |
Source: MAAR #10203510 Report a problem | ||
| 8/14/2025 | Listed for sale | $249,900+143.8%$251/sqft |
Source: MAAR #10203510 Report a problem | ||
| 12/7/2012 | Sold | $102,500-18%$103/sqft |
Source: MAAR #3255835 Report a problem | ||
| 4/4/2006 | Sold | $125,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,289 +6.1% | $62,400 +32.6% |
| 2024 | $3,098 +8.1% | $47,050 |
| 2023 | $2,866 | $47,050 |
| 2022 | -- | $47,050 |
| 2021 | -- | $47,050 +27.7% |
| 2020 | $1,178 | $36,850 |
| 2019 | $1,178 -21.1% | $36,850 |
| 2018 | $1,492 -45.1% | $36,850 |
| 2017 | $2,720 +212.2% | $36,850 +43.8% |
| 2016 | $871 -31.5% | $25,625 |
| 2014 | $1,272 | $25,625 |
| 2013 | -- | $25,625 -35.7% |
| 2012 | -- | $39,875 |
| 2011 | -- | $39,875 |
| 2010 | -- | $39,875 |
| 2009 | -- | $39,875 +27.6% |
| 2008 | -- | $31,250 |
| 2007 | -- | $31,250 |
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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- Tennessee
- Shelby County
- Memphis
- 38119
- East Memphis-Colonial-Yorkshire
- 5400 Park Ave Apartment 225
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