NOT LISTED FOR SALE

3236 S Mendenhall Rd Unit 2B Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $45,000 - $57,000

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

Last Sold February 28, 2020

Last sale price $30,000 $25 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $298/month

28 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Eat-In Kitchen
  • Gated Parking
  • Some Wood Windows
  • Courtyard

About This Home

As of February 2020

INVESTORS, this one is for you. Investment Property!!!! Gated community. Condo well maintained, furnace and hot water tank less than 3 yrs old, new carpet throughout. Long term tenant occupied, section 8 ($700 p/mo). You don't want to miss this opportunity. 2 bedrooms, 2 baths. Beautiful Townhome, new carpet throughout. Cozy and Quiet. Termite/Pest control, gated, camera system (entrance and exit), pool, laundry room covered by HOA. Tenants rights, showing after accepted offer.

Last Listed By

Shelia Gray

Harris Realty Services License #342127 Listed on: 01/18/2020

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
  • Some Wood Windows
  • Combination Dining and Living Room
  • Iron Doors
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Courtyard

Additional Features

  • Brick Fence
  • Upper Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 074073 F00099

Community Details

Overview

  • Property has a Home Owners Association
  • $135 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, exterior insurance, parking, pest control contract
  • Aldens Gate Subdivision

Amenities

  • 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
  • Style: Traditional
  • 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: 29
  • 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: Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, 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: Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Courtyard, Brick/Ironed Fence
  • Exterior Windows: Wood/Composition
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Community Laundry
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Parking, Pest Control Contract
  • Condominium Association: Yes

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: 1600000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 074073 F00099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Feb 28, 2020
Sold by
Sims Ronnie
Bought by
Screen Kyle Holiday
Seller's Agent
Shelia Gray
Harris Realty Services
Buyer's Agent
Shelia Gray
Harris Realty Services
List Price
$32,000
Sold Price
$30,000
Premium/Discount to List
-$2,000
-6.25%
Total Days on Market
28
Current Estimated Value
$49,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,648
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Sep 28, 2018
Sold by
Marshall Louis B
Bought by
Sims Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Marshall Louis B
Bought by
Marshall Louis B and Marshall Kathleen B

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
Screen Kyle Holiday $30,000 Home Surety Title & Escrow
Sims Ronnie $17,000 Memphis Title Co
Marshall Louis B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims Ronnie $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $30,000 -6.3% $30 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/18/2020 01/18/20 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
2024 $236 $6,950 $700 $6,250
2023 $423 $6,950 $700 $6,250
2022 $423 $6,950 $700 $6,250
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

  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069228

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0099