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Sold for $347,000
  • $347,000

    5400 Park Ave APT 414, Memphis, TN 38119

    2beds
    1,310sqft
    Condominium
    Built in 1987
    -- sqft lot
    $327,600 Zestimate®
    $265/sqft
    $2,138 Estimated rent

    Home value

    $327,600

    $308,000 - $351,000

    $2,138/mo

    Zestimate® history
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    What's special

    RARE opportunity to purchase largest floorplan on top floor facing Park Ave. Lots of natural light, new flooring throughout, 9 ft ceilings, exquisite crown molding, walk-in shower in guest bath, move-in ready. Unmatched amenities include guest suite, Pauline Room, pool, well-equipped gym, pickleball/tennis lighted court, 5.5 acres of well-maintained grounds, controlled access. Property manager and security on-site. Friendly community of all ages. Care free living at its best!

    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#: 10160380MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s), Smooth Ceiling, Hardwood Floor
    • Level: First
    • 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, Breakfast Bar, Washer/Dryer Connections
    Living room
    • Features: LR/DR Combination
    • Dimensions: 0 x 0
    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
    • Laundry: Laundry Closet
    Features
    • All Bedrooms Down, 1 or More BR Down, Primary Down, Two Primaries, Renovated Bathroom, 2 Full Primary Baths, Full Bath Down, 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
    • Flooring: Hardwood
    • 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: 1,310 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gated, Gate Clickers, Assigned, Guest
    • Covered spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Covered Patio, Deck
    • Exterior features: Auto Lawn Sprinkler, Gas Grill, Tennis Court(s), Courtyard, Sidewalks
    • Has private pool: Yes
    • Pool features: Pool Cleaning Equipment, In Ground
    • Fencing: Wood,Brick/Stone Fenced,Brick/Iron Fenced,Wood Fence,Brick/Ironed Fence
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake/Pond on Property, Waterfront
    Lot
    • Size: 5.5 Acres
    • Features: Some Trees, Professionally Landscaped, Well Landscaped Grounds
    Details
    • Parcel number: 067086 B00097

    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: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    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), Fire Escape
    • 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: $265/sqft
    • Tax assessed value: $311,700
    • Annual tax amount: $3,431
    • Price range: $347K - $347K
    • Date on market: 11/7/2023
    • Listing terms: Conventional

    Price history

    DateEventPrice
    1/1/2024Listing removed--
    Source: MAAR #10161934 Report a problem
    12/25/2023Price change$2,500-3.8%$2/sqft
    Source: MAAR #10161934 Report a problem
    12/2/2023Listed for rent$2,600$2/sqft
    Source: MAAR #10161934 Report a problem
    11/30/2023Sold$347,000-2.3%$265/sqft
    Source: MAAR #10160380 Report a problem
    11/8/2023Pending sale$355,000$271/sqft
    Source: MAAR #10160380 Report a problem
    11/7/2023Listed for sale$355,000+9.2%$271/sqft
    Source: MAAR #10160380 Report a problem
    7/18/2022Sold$325,000$248/sqft
    Source: MAAR #10129022 Report a problem
    7/18/2022Listed for sale$325,000+75.7%$248/sqft
    Source: MAAR #10129022 Report a problem
    5/11/2015Sold$185,000-10.8%$141/sqft
    Source: MAAR #9950562 Report a problem
    5/16/2008Sold$207,500$158/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,572 +10.7%$124,680 +38.3%
    2024$5,935 +73%$90,120 +60%
    2023$3,431 $56,325
    2022-- $56,325
    2021-- $56,325 +25.2%
    2020$1,438 $45,000
    2019$1,438 -21.1%$45,000
    2018$1,823 -45.1%$45,000
    2017$3,322 +157.1%$45,000 +18.4%
    2016$1,292 -23.2%$38,000
    2014$1,682 $38,000
    2013-- $38,000 -3.3%
    2012-- $39,300 -25.5%
    2011-- $52,750
    2010-- $52,750
    2009-- $52,750 -6.4%
    2008-- $56,375
    2007-- $56,375
    Find assessor info on the county website

    Neighborhood: East Memphis-Colonial-Yorkshire

    Nearby schools

    GreatSchools rating
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