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Sold for $42,500
  • $42,500

    5662 Los Gatos Dr APT 4, Memphis, TN 38115

    2beds
    897sqft
    Condominium
    Built in 1973
    -- sqft lot
    $41,500 Zestimate®
    $47/sqft
    $950 Estimated rent

    Home value

    $41,500

    $39,000 - $45,000

    $950/mo

    Zestimate® history
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    What's special

    Investment opportunity for a rental. Nice second-floor unit located in a cove next to the golf course. 2 bed/2 bath. Laundry closet off kitchen/hallway. Balcony, exterior storage closet. Convenient location with easy access to 385/240 loop & East Memphis. New roof on building 2024, new HVAC & water heater 2022. Kitchen appliances stay (refrigerator & dishwasher new 2023) No warranty on included appliances. Well managed HOA $240/mo. includes landscaping, water/sewer, trash, termite, roof & exterior maint. (excl. windows). Utilities + interior are owner responsibility. As-is, subject to tenants rights. Not much needed to spruce it up! Cash offers preferred. Normal sale. No creative or owner financing. Tenant occupied, $700 M2M lease. Do not approach or disturb tenants. Advanced notice required for showings. Owner agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara Hecklinski,

    Crye-Leike, Inc., REALTORS

    Bought with:

    Ashley S Campbell

    Advantage Property Management

    Source: MAAR,MLS#: 10193534MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Carpet
    • Area: 154
    • Dimensions: 11 x 14
    Bedroom 2
    • Features: Carpet
    • Area: 132
    • Dimensions: 11 x 12
    Primary bathroom
    • Features: Tile Floor, Full Bath
    Dining room
    • Area: 70
    • Dimensions: 7 x 10
    Kitchen
    • Area: 80
    • Dimensions: 8 x 10
    Living room
    • Features: LR/DR Combination
    • Area: 143
    • Dimensions: 11 x 13
    Den
    • Dimensions: 0 x 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range/Oven, Dishwasher, Refrigerator
    • Laundry: Laundry Closet
    Features
    • All Bedrooms Down
    • Flooring: Part Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 897 sqft

    Property

    Parking
    • Parking features: Parking Lot, Assigned
    Features
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: Community, Neighborhood
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: .2
    Details
    • Parcel number: 074090 A00100

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 1973

    Community & HOA

    Community
    • Features: Tennis Court(s), Courtyard
    • Subdivision: The Hamlets
    HOA
    • Services included: Water/Sewer, Trash, Maintenance Structure, Maintenance Grounds, Management Fees, Reserve Fund, Pest Control
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $47/sqft
    • Tax assessed value: $37,100
    • Annual tax amount: $419
    • Price range: $42.5K - $42.5K
    • Date on market: 4/4/2025
    • Cumulative days on market: 3 days
    • Listing terms: Conventional,Other (See REMARKS)

    Price history

    DateEventPrice
    6/13/2025Listing removed$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    5/24/2025Listed for rent$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    4/21/2025Sold$42,500-3.4%$47/sqft
    Source: MAAR #10193534 Report a problem
    4/7/2025Pending sale$44,000$49/sqft
    Source: MAAR #10193534 Report a problem
    4/4/2025Listed for sale$44,000+76%$49/sqft
    Source: MAAR #10193534 Report a problem
    12/20/2019Sold$25,000+38.9%$28/sqft
    Source: MAAR #10067196 Report a problem
    6/11/2013Sold$18,000-18.2%$20/sqft
    Source: MAAR #3271799 Report a problem
    5/17/2013Listed for sale$22,000-26.7%$25/sqft
    Source: Re/Max On Track #3271806 Report a problem
    3/2/2011Listing removed$30,000$33/sqft
    Source: CloseRealty #3204026 Report a problem
    11/29/2010Listed for sale$30,000$33/sqft
    Source: Lester Hubbard Realtors #3204026 Report a problem
    10/5/2010Listing removed$30,000$33/sqft
    Source: Lester Hubbard Realtors #3204026 Report a problem
    9/17/2010Listed for sale$30,000+10.3%$33/sqft
    Source: Lester Hubbard Realtors #3204026 Report a problem
    8/11/2003Sold$27,200-30%$30/sqft
    Source: Public Record Report a problem
    1/3/2003Sold$38,859$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$489 +16.4%$9,275 +45.5%
    2024$420 +8.1%$6,375
    2023$388 $6,375
    2022-- $6,375
    2021-- $6,375 +34.2%
    2020$152 $4,750
    2019$152 -21.1%$4,750
    2018$192 -45.1%$4,750
    2017$351 +27.7%$4,750 -41.2%
    2016$275 -10.6%$8,075
    2014$307 $8,075
    2013-- $8,075 -16.1%
    2012-- $9,625
    2011-- $9,625
    2010-- $9,625
    2009-- $9,625
    2008-- $9,625
    2007-- $9,625
    2006-- $9,625
    2005-- $9,625 +5.5%
    2004-- $9,125
    2003-- $9,125
    2002-- $9,125
    2001-- $9,125 +6.7%
    2000-- $8,550
    Find assessor info on the county website

    Neighborhood: Hickory Ridge-South Riverdale

    Nearby schools

    GreatSchools rating