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For sale
    • Price cut: $10K (7/17)
    $299,900

    5400 Park Ave APT 311, Memphis, TN 38119

    2beds
    1,167sqft
    : 
    $2,006/mo
    Get pre-qualified
    Condominium
    Built in 1988
    -- sqft lot
    $291,800 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Resort-style poolElegant gated enclaveSignature fountainsEffortless flowSecure parking
    NEW PRICE! UNDER $300K on Park Avenue in Memphis????! Location, location, location!! Welcome to The Monarch Condominiums, an elegant, gated enclave in the heart of East Memphis, distinguished by its signature fountains and refined atmosphere. This exclusive 2-bedroom, 2 bath residence offers a sophisticated yet comfortable lifestyle, thoughtfully designed with spacious living areas and effortless flow. Perfectly suited for both quiet evenings and gracious entertaining. Ideally located just off Park Avenue past Estate, The Monarch provides unmatched convenience and a sense of privacy and retreat. Residents enjoy a curated collection of amenities including a resort-style pool, fitness center, clubhouse, and secure parking, delivering a lock-and-leave lifestyle with ease. A rare opportunity to own within one of East Memphis’ most recognizable and desirable gated condominium community. AS IS. Motivated seller!
    96 days
    |
    100
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Margie B O'Neal,

    REMAX Experts 901-685-6000

    Source: MAAR,MLS#: 10220171MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s), Smooth Ceiling, Carpet
      • Level: First
      • Area: 192
      • Dimensions: 12 x 16
      Bedroom 2
      • Features: Shared Bath, Smooth Ceiling, Carpet
      • Level: First
      • Area: 180
      • Dimensions: 12 x 15
      Primary bathroom
      • Features: Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor, Full Bath
      Dining room
      • Area: 132
      • Dimensions: 11 x 12
      Kitchen
      • Features: Separate Breakfast Room
      • Area: 81
      • Dimensions: 9 x 9
      Living room
      • Features: Great Room
      • Dimensions: 0 x 0
      Den
      • Area: 255
      • Dimensions: 15 x 17
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
      • Laundry: Laundry Room, Laundry Closet
      Features
      • All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down, Smooth Ceiling, High Ceilings, Walk-In Closet(s), Elevator, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Carpet, Tile
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,167 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Gate Clickers, Assigned, Guest
      • Covered spaces: 1
      Features
      • Stories: 1
      • Exterior features: Courtyard
      • Pool features: Community, Neighborhood
      • Fencing: Wrought Iron
      Lot
      • Size: 5.5 Acres
      • Dimensions: 5.5
      • Features: Some Trees, Level, Professionally Landscaped, Well Landscaped Grounds
      Details
      • Parcel number: 067086 B00066

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Aluminum/Steel Siding
      • Foundation: Slab
      • Roof: Composition Shingles
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Clubhouse, Gated, Recreation Facilities, Fitness Center, Courtyard
      • Security: Security System, Monitored Alarm System, Smoke Detector(s), Security Gate, Nbrhd Guard Service
      • Subdivision: 1st Amendment To The Monarch Condos
      HOA
      • Services included: Water/Sewer, Trash, Maintenance Structure, Maintenance Grounds, Management Fees, Exterior Insurance, Parking, Pest Control
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $296,500
      • Annual tax amount: $3,907
      • Price range: $299.9K - $299.9K
      • Date on market: 4/25/2026
      • Cumulative days on market: 97 days
      • Listing terms: Conventional

        Estimated market value

        $291,800

        $277,000 - $306,000

        $1,990/mo

        Price history

        DateEventPrice
        7/17/2026Price change$299,900-3.2%$257/sqft
        Source: MAAR #10220171 Report a problem
        6/15/2026Price change$309,900-1.6%$266/sqft
        Source: MAAR #10220171 Report a problem
        4/25/2026Listed for sale$314,900+57.5%$270/sqft
        Source: MAAR #10220171 Report a problem
        5/3/2018Sold$200,000$171/sqft
        Source: MAAR #10024669 Report a problem
        4/13/2018Listed for sale$200,000+36.1%$171/sqft
        Source: Faith Management & Realty Grou #10024669 Report a problem
        3/16/2006Sold$146,910$126/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,907 +14.5%$74,125 +43%
        2024$3,413 +8.1%$51,825
        2023$3,157 $51,825
        2022-- $51,825
        2021-- $51,825 +21.7%
        2020$1,361 $42,600
        2019$1,361 -21.1%$42,600
        2018$1,725 -45.1%$42,600
        2017$3,144 +151.1%$42,600 +15.7%
        2016$1,252 -1.8%$36,825
        2014$1,276 $36,825
        2013-- $36,825 -7.9%
        2012-- $40,000
        2011-- $40,000
        2010-- $40,000 -20.4%
        2009-- $50,250 +36.8%
        2008-- $36,725
        2007-- $36,725
        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.
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        Climate risks

        Neighborhood: East Memphis-Colonial-Yorkshire

        Getting around

        49 / 100
        Car-Dependent
        29 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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