$30,000
SOLD OCT 25, 2019

3226 S Mendenhall Rd Unit 1A Memphis, TN 38115

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

Recently Sold

$25 Per Sq Ft

21% Below List Price

22 Days on Market

Highlights

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

About This Home

As of May 2022

Nice condo in Fox Meadows area! 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. Great price for this well maintained unit! NO SHOWINGS UNTIL ACCEPTED CONTRACT. PLEASE DO NOT DISTURB TENANT ***SELLER ALSO HAS MLS 10062227 LISTED FOR SALE IN THE SAME CONDO COMMUNITY***

Last Agent to Sell the Property

Verna Littleton

Fast Track Realty, LLC License #274344 Listed on: 09/10/2019

Last Buyer's Agent

Verna Littleton

Fast Track Realty, LLC License #274344 Listed on: 09/10/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $236

Year Built

  • Built in 1969

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: 31
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.79
  • 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
  • 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

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: 1750000

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
Hatten Lorenzo
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%
Current Estimated Value
$48,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,502
Avg. Annual Appreciation
1.25%

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
Source: Public Records

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    • 1 Bath
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    INVESTOR SPECIAL! Add this property to your portfolio! Just needs a little TLC and it will be ready to cashflow! The average rental rate of comparable condos is $750-$900/month. This condo in Aldens Gate features 1 bedroom, 1 bathroom in 38115. Seller will NOT make any repairs. This property is not move in ready & will need some renovations. Please send all offers to listing agent. Call or text

    Taneisha Lomax C21 Patterson & Assoc. Real Es

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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 $45,000 None Listed On Document
Warranty Deed $30,000 Regency Title & Escrow Llc
Warranty Deed $15,000 Realty Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
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
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10061602

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0093