$30,000
SOLD FEB 15, 2021

3224 S Mendenhall Rd Unit 1A Memphis, TN 38115

Fox Meadows Neighborhood
2 Beds
2 Baths
1,037 Sq Ft
871 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

14% Below List Price

19 Days on Market

Highlights

  • In Ground Pool
  • 1 Car Detached Garage
  • Patio
  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of February 2021

Previously rented for 750 monthly. Condo first floor unit clean and freshly painted and move in ready . Bring your tenant and a lease to start making extra income now for 2021 or for that buyer looking for a place to live. May be paid parking. Seller is selling AS-IS with no repairs but 80% of repairs have been completed . Call for details word is that the management is changing for 2021 should see considerable changes. Cash buyers are welcome! Gas is off seller says HVAV works lights are on !

Last Agent to Sell the Property

Frances Anderson

Crye-Leike, Inc., REALTORS License #274051 Listed on: 01/13/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Michael Gardner

RP Newman Realty LLC License #342705

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $236

Year Built

  • Built in 1966

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,037 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Car Detached Garage
  • Carport
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio

Additional Features

  • Few Trees
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 074073 F00133

Community Details

Overview

  • Property has a Home Owners Association
  • $175 Maintenance Fee
  • Association fees include grounds maintenance, exterior insurance
  • Aldens Gate Community
  • Aldens Gate Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$236

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • Cross Street: Knight Arnold
  • MLS Map #: 784A
  • MAAR Subdivision Name: ALDENS GATE
  • Condo: Yes
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1037
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Master Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Master Down, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Washer/Dryer Connections
  • Master Bedroom: Level 1, Full Bath, Carpet
  • Master Bedroom Dimensions: 15X12
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Smoke Detector(s)
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)

Association/Amenities

  • Condo Fees Include: Grounds Maintenance, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Aldens Gate

Fee Information

  • Monthly Maintenance Fee: 175

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 1A
  • Acreage: 0.02
  • Lot Size: 27X36
  • Price Per Acre: 1750000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 074073 F00133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Williams Stephen
Bought by
Ashley Homes Llc
Total Days on Market
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,216
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 12, 2021
Sold by
Haire Derrick
Bought by
Williams Stephen
Seller's Agent
Frances Anderson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michael Gardner
RP Newman Realty LLC
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 6, 2020
Sold by
Aldens Gale Condomimiums Hoa
Bought by
Haire Derrick
Seller's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
Buyer's Agent
KaTrina Kelly-Isom
4 Success Realty, LLC
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
313.28%

Purchase Details

Closed on
Dec 23, 2016
Sold by
3224 Os Mendenhall Llc
Bought by
Aldens Gate Condominiums Homeownerws Ass

Purchase Details

Closed on
May 14, 2012
Sold by
Burk Gary E and Burk Randall Alan
Bought by
3224 S Mendenhall Llc

Purchase Details

Closed on
Apr 24, 2012
Sold by
Burk Gary E and Burk Hannah Frances
Bought by
3224 S Mendenhall Llc
Source: Public Records

Similar Homes in Memphis, TN

  • 3246 S Mendenhall Rd Unit 3A, Memphis, TN 38115

    $34,900

    • 2 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 3246 S Mendenhall Rd
    • Unit 3A
    • Memphis, TN

    Tenant's current rent is $1,000. Downstairs unit, Good investment opportunity, Currently occupied. Please do not disturb tenant. Sold As-is

    Cortney Lester Franchise Realty, LLC

    Section Image
  • 4868 Days Creek Blvd Unit 57, Memphis, TN 38116

    $32,500

    • 3 Beds
    • 2.5 Baths
    • 1,800+ Sq Ft
    • 4868 Days Creek Blvd
    • Unit 57
    • Memphis, TN

    This tri-level home is spacious & being sold "as-is". 3 bedrooms, 2.5 baths. Appraised for $32,500.00 in October 2024. Need some repair.

    Sherrie Anderson Crye-Leike, Inc., REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 Ivey Title Llc
Warranty Deed $30,000 None Available
Warranty Deed $18,000 Preferred Title & Escrow
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $49,216 New Conventional
Previous Owner $39,200 Balloon
Previous Owner $22,050 Stand Alone Second
Previous Owner $33,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $30,000 -14.3% $29 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $35,000 +94.4% $34 / Sq Ft
10/07/2020 10/07/20 Sold $18,000 -28.0% $18 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $25,000 -- $25 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $236 $17,000 $1,120 $15,880
2024 $236 $6,950 $700 $6,250
2023 $423 $6,950 $700 $6,250
2022 $423 $6,950 $700 $6,250
2021 $428 $6,950 $700 $6,250
2020 $172 $5,375 $700 $4,675
2019 $172 $5,375 $700 $4,675
2018 $172 $5,375 $700 $4,675
2017 $176 $5,375 $700 $4,675
2016 $219 $5,000 $0 $0
2014 $219 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091722

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0133