$44,000
SOLD NOV 12, 2021

3224 S Mendenhall Rd Unit 4B Memphis, TN 38115

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

Recently Sold

$37 Per Sq Ft

20% Below List Price

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 Agent to Sell the Property

Michael Valenza

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

eXp Realty, LLC

Last Buyer's Agent

Daniel Sturdivant

Bluff City Management, LLC License #331129

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $377

Year Built

  • Built in 1969

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%

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
Source: Public Records

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Range of Values:

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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 $440,000 Saddle Creek Title Llc
Warranty Deed $27,000 None Available
Trustee Deed $33,600 None Available
Warranty Deed $32,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000 Credit Line Revolving
Previous Owner $32,094 FHA
Closed $2,011 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $78,000 +77.3% $130 / Sq Ft
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
2025 $377 $17,000 $1,120 $15,880
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102648

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0136