NOT LISTED FOR SALE

3226 S Mendenhall Rd Unit 1A Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $47,347 - $55,000

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

Last Sold May 20, 2022

Last sale price $45,000 $38 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $302/month

98 Days on Market

Highlights

  • Traditional Architecture
  • Courtyard
  • Guest Parking
  • Eat-In Kitchen
  • Tile Flooring
  • Landscaped

About This Home

As of May 2022

This is a great investment to add to your rental portfolio. Neutral colors throughout and minor cosmetic work to be done. Monthly HOA covers maintaining grounds, monthly water , and maintaining security gate. CONTRACT FAILED AND NOW VACANT AND BACK ON THE MARKET 04/27/2022...WASHER, DRYER AND REFRIGERATOR STAY BUT ARE NOT WARRANTED ***PICTURES IN MLS WERE TAKEN BEFORE TENANT MOVED OUT****

Last Listed By

Verna Littleton

Fast Track Realty, LLC License #274344 Listed on: 01/21/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $236

Year Built

  • Built in 1969

Lot Details

  • 871

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,120 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Additional Features

  • Courtyard
  • Landscaped
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $135 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, exterior insurance, parking
  • Aldens Gate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074073 F00093

Property Details

Home Type

Condominium

Est. Annual Taxes

$236

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 784A
  • MAAR Subdivision Name: ALDENS GATE
  • Condo: Yes
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1120
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Courtyard, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Parking
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 135

Lot Info

  • Lot Number: 1A
  • Acreage: 0.02
  • Lot Size: 680.38/677.24 X 421.84/431.7
  • Price Per Acre: 2000000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 074073 F00093

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
May 12, 2022
Sold by
Lorenzo Hatten
Bought by
Desmangles Ossee
Seller's Agent
Verna Littleton
Fast Track Realty, LLC
Buyer's Agent
Shelia Gray
Harris Realty Services
List Price
$40,000
Sold Price
$45,000
Premium/Discount to List
$5,000
12.5%
Total Days on Market
98
Current Estimated Value
$50,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,337
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 25, 2019
Sold by
Greeneyed Monster Properties Llc
Bought by
Hatten Lorenzo
Seller's Agent
Verna Littleton
Fast Track Realty, LLC
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$38,000
Sold Price
$30,000
Premium/Discount to List
-$8,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%

Purchase Details

Closed on
Oct 31, 2018
Sold by
Mitchell Rental Property Llc
Bought by
Greeneyed Monster Properties Llc

Purchase Details

Closed on
Mar 27, 2009
Sold by
Mitchell Robert B and Mitchell Margaret P
Bought by
Mitchell Rental Property Llc

Purchase Details

Closed on
Mar 14, 2003
Sold by
Klaus Meredith D Mitchell
Bought by
Mitchell Robert B and Mitchell Margaret P

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

Similar Homes in Memphis, TN

  • 3229 13 Colony Mall, Memphis, TN 38115

    $42,000

    • 1 Bed
    • 1 Bath
    • 100+ Sq Ft
    • 3229 13 Colony Mall
    • Memphis, TN

    INVESTOR SPECIAL! Add this long-term tenant-occupied property to your portfolio! $550/month rental income. The average rental rate of comparable condos is $750/month! So much potential! Tenant has lease in place; buyer must maintain the remainder of it. Tenant intends to stay long-term. DO NOT DISTURB TENANT.

    Sydney Carty Coldwell Banker Collins-Maury

    Section Image
  • 3439 Club Bridge Dr Unit 5, Memphis, TN 38118

    $40,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 3439 Club Bridge Dr
    • Unit 5
    • Memphis, TN

    This 2-bedroom, 1.5-bathroom condo is the perfect investment property! Currently tenant-occupied, generating $850/month in rental income, this unit provides immediate cash flow for investors. The condo features a functional layout with spacious bedrooms, a comfortable living space, and a convenient half-bath in addition to the full bathroom. Whether you're looking to expand your rental portfolio

    Tonja Pryor Assured Real Estate Services

    Section Image
  • 4703 Wild Plum Ct Unit 99, Memphis, TN 38118

    $58,000

    • 2 Beds
    • 1.5 Baths
    • 1,400+ Sq Ft
    • 4703 Wild Plum Ct
    • Unit 99
    • Memphis, TN

    INVESTOR FRIENDLY PROPERTY!!! Nice Condo only minutes from the Airport. Seller wants to sell 2 units Together for a total of 116,000. ("AS IS") One Unit Is occupied with a Tenant. Please Donot Disturb! Could be a great investment property for someone who is looking to earn a monthly income. Please Call Agent for all showings!

    Kasina Ford The Home Partners Realty

    Section Image
  • 4698 Wild Plum Ct Unit 107, Memphis, TN 38118

    $58,000

    • 2 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft
    • 4698 Wild Plum Ct
    • Unit 107
    • Memphis, TN

    INVESTOR FRIENDLY PROPERTY!!! Nice Condo only minutes from the Airport. Owner wants to sell 2 units together for a total of $116,000. (AS IS) This unit is occupied. Please Donot Disturb Tenant! Could be a great Investment Property for someone looking to earn a monthly income. Move In Ready!

    Kasina Ford The Home Partners Realty

    Section Image

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
Desmangles Ossee $45,000 Griffin Clift Everton And Masc
Hatten Lorenzo $30,000 Regency Title & Escrow Llc
Greeneyed Monster Properties Llc $15,000 Realty Title
Mitchell Rental Property Llc -- None Available
Mitchell Robert B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $45,000 +12.5% $45 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $40,000 +33.3% $40 / Sq Ft
10/25/2019 10/25/19 Sold $30,000 -21.1% $30 / Sq Ft
09/10/2019 09/10/19 For Sale $38,000 -- $38 / 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 $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
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10116116

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0093