3228 S Mendenhall Rd Unit 4B Memphis, TN 38115
Fox Meadows Neighborhood
1
Bed
1
Bath
585
Sq Ft
871
Sq Ft Lot
Highlights
- Gated Parking
- Clubhouse
- Main Floor Primary Bedroom
- Gated Community
- Traditional Architecture
- Community Pool
About This Home
As of January 2023Great investment property in the heart of Memphis. Open floorplan concept with 1 bedroom, and 1 bath. Gated community with low HOA fee that covers common area, pool, clubhouse, water, and exterior maintenance. Assigned covered parking. Tenant has been there 2 years and is currently on a month to month lease, and pays $450 monthly. Water heater replaced 2018. Seller is requesting drive by viewings only so tenant is not disturbed. Showings available once offer is accepted.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $150
Year Built
- Built in 1969
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 585 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Iron Doors
Kitchen
- Oven or Range
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Primary bedroom located on second floor
- All Upper Level Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Parking
- 1 Covered Space
- Gated Parking
- On-Site Parking for Rent
- On-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Courtyard
- Upper Level
Listing and Financial Details
- Assessor Parcel Number 074073 F00091
Community Details
Overview
- Property has a Home Owners Association
- $75 Maintenance Fee
- Association fees include water/sewer, trash collection, exterior maintenance, management fees, parking
- Aldens Gate Subdivision
- Property managed by 4 Success Realty
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2022
Closed on
Jan 4, 2023
Sold by
Williams Stephen
Bought by
Ashley Homes Llc
Seller's Agent
Michael Gardner
RP Newman Realty LLC
Buyer's Agent
Michael Gardner
RP Newman Realty LLC
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%
Total Days on Market
6
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,111
Avg. Annual Appreciation
172.57%
Original Mortgage
$36,341
Interest Rate
6.58%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 28, 2021
Closed on
Jun 15, 2021
Sold by
Precioushomes Llc
Bought by
Williams Stephen
Seller's Agent
Stephen Mansour
REMAX Experts
Buyer's Agent
Michael Gardner
RP Newman Realty LLC
List Price
$24,900
Sold Price
$21,500
Premium/Discount to List
-$3,400
-13.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.98%
Purchase Details
Listed on
Mar 26, 2017
Closed on
Jul 18, 2017
Sold by
Kaiser Glenn G and Kaiser Chris
Bought by
Bridgeforth Kenraz
Seller's Agent
Jim Pickens
Lawrence Johnson, REALTORS
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$11,950
Sold Price
$10,300
Premium/Discount to List
-$1,650
-13.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.65%
Purchase Details
Closed on
Aug 6, 2015
Sold by
Kaiser Franklin David
Bought by
Kaiser Glenn C
Purchase Details
Closed on
Aug 4, 2015
Sold by
Roelofsz Barbara
Bought by
Kaiser Glenn C
Map
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Similar Home in Memphis, TN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $30,000 | -- | |
| Warranty Deed | $21,500 | None Available | |
| Warranty Deed | $20,300 | Nexus Title & Escrow Llc | |
| Quit Claim Deed | -- | Realty Title | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $36,341 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2023 01/04/23 | Sold | $30,000 | -14.3% | $300 / Sq Ft |
| 12/31/2022 12/31/22 | Pending | -- | -- | -- |
| 12/14/2022 12/14/22 | For Sale | $35,000 | +62.8% | $350 / Sq Ft |
| 06/16/2021 06/16/21 | Sold | $21,500 | -13.7% | $37 / Sq Ft |
| 05/28/2021 05/28/21 | For Sale | $24,900 | +141.7% | $43 / Sq Ft |
| 07/18/2017 07/18/17 | Sold | $10,300 | -13.8% | $103 / Sq Ft |
| 05/25/2017 05/25/17 | Pending | -- | -- | -- |
| 03/26/2017 03/26/17 | For Sale | $11,950 | -- | $120 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 | $150 | $4,425 | $375 | $4,050 |
| 2023 | $270 | $4,425 | $375 | $4,050 |
| 2022 | $270 | $4,425 | $375 | $4,050 |
| 2021 | $273 | $4,425 | $375 | $4,050 |
| 2020 | $246 | $3,400 | $375 | $3,025 |
| 2019 | $109 | $3,400 | $375 | $3,025 |
| 2018 | $109 | $3,400 | $375 | $3,025 |
| 2017 | $111 | $3,400 | $375 | $3,025 |
| 2016 | $197 | $4,500 | $0 | $0 |
| 2014 | $197 | $4,500 | $0 | $0 |
Source: Public Records
Source: Memphis Area Association of REALTORS®
MLS Number: 10100483
APN: 07-4073-F0-0091
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