NOT LISTED FOR SALE

3226 S Mendenhall Rd Unit 2B Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $46,000 - $69,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
871 Sq Ft Lot

Last Sold July 08, 2015

Last sale price $14,000 $10 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $315/month

14 Days on Market

Highlights

  • Clubhouse
  • Living Room
  • Tile Flooring
  • Eat-In Kitchen
  • Security Gate
  • Central Heating and Cooling System

About This Home

As of July 2015

2 bedroom condo located in Alden Gates, HUD owned selling "as is" Case# 482-323327; IE (insured escrow) $1648. For more information, availability and incentives, go to www.hudhomestore.com. Equal housing opportunity, room sizes estimated, year built 1969, 1214 SF determined by appraisal

Last Listed By

Ed Engelke

United Real Estate Mid South License #309830 Listed on: 05/19/2015

United Real Estate Mid South

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $236

Year Built

  • Built in 1969

Lot Details

  • 871

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,168 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Location

  • Upper Level

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 074073 F00095

Community Details

Overview

  • Property has a Home Owners Association
  • $135 Maintenance Fee
  • 4 Units
  • Alden Gates Condomin Community
  • Aldens Gate Subdivision
  • Property managed by Alden Gates

Amenities

  • Clubhouse
  • Laundry Facilities

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
  • Attached Unit Type: Upstairs - Flat
  • MLS Map #: 784A
  • MAAR Subdivision Name: ALDENS GATE
  • Condo: Yes
  • List Price Per Sq Ft: 11
  • Number Of Stories: 1
  • Price Per Sq Ft: 11.99
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1168
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Second Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: Primary Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Equipment: Dishwasher
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate
  • Water Sewer: Electric Water Heater, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse, Community Laundry
  • Condominium Association: Yes
  • Condominium Name: Alden Gates Condomin
  • Management Company: Alden Gates

Fee Information

  • Monthly Maintenance Fee: 135

Lot Info

  • Lot Number: 2B
  • Acreage: 0.02
  • Lot Size: 680.38/677.24 X 421.84/431.7
  • Price Per Acre: 625000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 074073 F00095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2014
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Hud
Total Days on Market
14
Current Estimated Value
$52,842

Purchase Details

Closed on
Feb 20, 2014
Sold by
Blaine Darnetha M and Blaine Darnethia M
Bought by
Tennessee Houding Development Agency

Purchase Details

Closed on
Jun 7, 1999
Sold by
Dipaolo William R
Bought by
Blaine Darnetha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,950
Interest Rate
6.94%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Secretary Of Hud -- None Available
Tennessee Houding Development Agency $8,190 None Available
Blaine Darnetha M $43,500 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blaine Darnetha M $42,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $14,000 +12.0% $12 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $12,500 -- $10 / 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 $389 $5,375 $700 $4,675
2019 $389 $5,375 $700 $4,675
2018 $389 $5,375 $700 $4,675
2017 $221 $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: 9952404

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0095