NOT LISTED FOR SALE

3224 S Mendenhall Rd Unit 4B Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $45,000 - $51,000

2 Beds
2 Baths
1,000-1,199 Sq Ft
871 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $44,000 $37 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $298/month

131 Days on Market

Highlights

  • Community Pool
  • Eat-In Kitchen
  • Entrance Foyer
  • 1 Car Detached Garage
  • Courtyard
  • Central Heating and Cooling System

About This Home

As of November 2021

Updated and spacious 2 bedroom 2 full bath condo located in Alden's Gate. Large living room and kitchen with lots of cabinets and eating area. Recent updates include front stairway and bedroom carpet, LVP flooring freshly installed in the living room, hall, kitchen and entry way, and new stove. Has a 1 car covered assigned parking spot #135. Currently tenant occupied. Perfect for an owner occupant after the lease expires at end of January or an investor looking for a value added turnkey unit!

Last Listed By

Michael Valenza

eXp Realty, LLC License #352076 Listed on: 06/25/2021

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $377

Year Built

  • Built in 1969

Lot Details

  • 871

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,120 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Entrance Foyer
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Carport
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Courtyard
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 074073 F00136

Community Details

Overview

  • Property has a Home Owners Association
  • $135 Maintenance Fee
  • Alden's Gate Community
  • Aldens Gate Subdivision
  • Property managed by 4 Success Realty
  • Planned Unit Development

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$377

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 784A
  • MAAR Subdivision Name: ALDENS GATE
  • Condo: Yes
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.29
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1120
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen
  • Other Rooms: Entry Hall
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Pool Description: Neighborhood

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, Gas

Association/Amenities

  • Condo Amenities: Courtyard
  • Condominium Association: Yes
  • Condominium Name: Alden's Gate
  • Management Company: 4 Success Realty
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 135

Lot Info

  • Lot Description: Level
  • Lot Number: 4B
  • Acreage: 0.02
  • Lot Size: 27X36
  • Price Per Acre: 2500000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 074073 F00136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Nov 8, 2021
Sold by
Wall To Wall Property Tn Llc
Bought by
Jones Mandala
Seller's Agent
Michael Valenza
eXp Realty, LLC
Buyer's Agent
Daniel Sturdivant
Bluff City Management, LLC
List Price
$55,000
Sold Price
$44,000
Premium/Discount to List
-$11,000
-20%
Total Days on Market
131
Current Estimated Value
$47,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,657
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 10, 2020
Sold by
Jelks Tywoner Lynn
Bought by
Wall To Wall Property Group Tn Llc
Seller's Agent
Shelia Gray
Harris Realty Services
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$32,000
Sold Price
$27,000
Premium/Discount to List
-$5,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.97%

Purchase Details

Closed on
Apr 20, 2009
Sold by
Davis Arlena R
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 30, 1999
Sold by
Warner Gary Mark
Bought by
Davis Arlena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,094
Interest Rate
7%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Mandala $440,000 Saddle Creek Title Llc
Wall To Wall Property Group Tn Llc $27,000 None Available
The Secretary Of Housing & Urban Develop $33,600 None Available
Davis Arlena R $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Arlena R $10,000
Previous Owner Davis Arlena R $32,094
Closed Davis Arlena R $2,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $44,000 -12.0% $44 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $50,000 -9.1% $50 / Sq Ft
06/25/2021 06/25/21 For Sale $55,000 +103.7% $55 / Sq Ft
07/10/2020 07/10/20 Sold $27,000 -15.6% $27 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $32,000 -- $32 / 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
2024 $377 $11,120 $1,120 $10,000
2023 $677 $11,120 $1,120 $10,000
2022 $677 $11,120 $1,120 $10,000
2021 $240 $6,950 $700 $6,250
2020 $389 $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

  • Michael Valenza

    Seller's Agent in 2021

    Michael Valenza

    eXp Realty, LLC

    (847) 636-6337

    1 in this area

    65 Total Sales

    Michael Valenza
    Section Image

  • D

    Buyer's Agent in 2021

    Daniel Sturdivant

    Bluff City Management, LLC

    (901) 487-0257

    1 in this area

    24 Total Sales

    Daniel Sturdivant
    Section Image
  • Shelia Gray

    Seller's Agent in 2020

    Shelia Gray

    Harris Realty Services

    (901) 786-2963

    7 in this area

    36 Total Sales

    Shelia Gray
    Section Image
  • Dean Harris

    Buyer's Agent in 2020

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    16 in this area

    1,416 Total Sales

    Dean Harris
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102648

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0136

Tennessee Shelby County Memphis 38115 Fox Meadows

3224 S Mendenhall Rd Unit 4B, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 3224 S Mendenhall Rd Unit 4B, Memphis, TN 38115 since 25 June 2021 and is currently estimated at $47,657, approximately $39 per square foot. This property was built in 1969. 3224 S Mendenhall Rd Unit 4B is a home located in Shelby County with nearby schools including Newberry Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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