$59,900
SOLD JUL 14, 2023

3811 S Mendenhall Rd Unit A6 Memphis, TN 38115

Parkway Village Neighborhood
2 Beds
1.5 Baths
1,000-1,199 Sq Ft
436 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

14% Below List Price

65 Days on Market

Highlights

  • Gated Parking
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Tile Flooring
  • Wrought Iron Fence

About This Home

As of July 2023

PRICE REDUCTION!! Turnkey, GUARANTEED cash flow! This rental property leases for $797/mth with a Section 8 tenant and is the perfect addition to your investment portfolio! New HVAC and flooring. Excellent investment opportunity. Close today, increase your income tomorrow!

Last Agent to Sell the Property

Kesha Hamilton

Keller Williams License #320924 Listed on: 04/25/2023

Keller Williams

Last Buyer's Agent

Christopher Lucas

Regency Realty, LLC License #356231

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 436 Sq Ft Lot
  • Wrought Iron Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,156 Sq Ft Home
  • 2-Story Property
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Parking

  • Gated Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • $215 Maintenance Fee
  • Cambridge Station Community
  • Cambridge Station Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093418 B00006

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • Cross Street: Winchester
  • MLS Map #: 785A
  • MAAR Subdivision Name: CAMBRIDGE STATION
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 51.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1156
  • Year Built: 1973
  • List Price/ Sq Ft: 52
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 2
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den, Pantry, Washer/Dryer Connections
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Tile Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Gated Parking, Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Cambridge Station

Fee Information

  • Monthly Maintenance Fee: 215

Lot Info

  • Lot Description: Some Trees, Level, Iron Fenced
  • Acreage: 0.01
  • Lot Size: 000
  • Price Per Acre: 5990000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 093418 B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Jackson Lamar
Bought by
Oppi2nity Trust

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 23, 2022
Sold by
Thomas Investment Group Llc
Bought by
Hill Tyrone and Hill Adrienne N
Seller's Agent
Reginald Harris
Harris Realty Services
Buyer's Agent
Kesha Hamilton
Keller Williams
List Price
$57,000
Sold Price
$49,000
Premium/Discount to List
-$8,000
-14.04%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$39,200
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2022
Sold by
Thomas Family Investment Group Llc
Bought by
Thomas Investment Group Llc

Purchase Details

Listed on
Jan 18, 2022
Closed on
Dec 22, 2021
Sold by
Howard Affordable Property Llc
Bought by
Thomas Family Investment Group
Seller's Agent
Julia Content
Harris Realty Services
Buyer's Agent
Julia Content
Harris Realty Services
Sold Price
$875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%

Purchase Details

Listed on
Nov 30, 2021
Closed on
Nov 23, 2021
Sold by
Wallace Ronald
Bought by
Howard Affordable Property Llc
Seller's Agent
Brooke Boone
Harris & Harris Realty Group
Buyer's Agent
Christopher Hopkins
Harris Realty Services
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Purchase Details

Listed on
Nov 30, 2021
Closed on
Nov 3, 2021
Sold by
Alliance Partners Inc
Bought by
Wallace Ronald
Seller's Agent
Brooke Boone
Harris & Harris Realty Group
Buyer's Agent
Christopher Hopkins
Harris Realty Services
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Purchase Details

Closed on
Mar 19, 2004
Sold by
Johnson Deedra N
Bought by
Hud

Purchase Details

Closed on
May 4, 2000
Sold by
Thomas Darrell
Bought by
Johnson Deedra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,100
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 1998
Sold by
Bruegge Constance Mims Vorder
Bought by
Hud
Source: Public Records

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $49,000 --
Quit Claim Deed -- Green Law Firm
Warranty Deed $37,000 Preferred Title & Escrow
Warranty Deed $18,000 Preferred Title & Escrow
Quit Claim Deed -- None Listed On Document
Trustee Deed $42,027 --
Warranty Deed $38,000 --
Trustee Deed $34,060 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,200 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $37,100 FHA
Closed $2,924 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $65,000 -7.1% $65 / Sq Ft
04/26/2025 04/26/25 For Sale $70,000 +16.9% $70 / Sq Ft
07/14/2023 07/14/23 Sold $59,900 0.0% $60 / Sq Ft
06/09/2023 06/09/23 Price Changed $59,900 -7.7% $60 / Sq Ft
05/10/2023 05/10/23 Price Changed $64,900 -7.2% $65 / Sq Ft
04/25/2023 04/25/23 For Sale $69,900 +42.7% $70 / Sq Ft
09/23/2022 09/23/22 Sold $49,000 -14.0% $49 / Sq Ft
06/21/2022 06/21/22 For Sale $57,000 0.0% $57 / Sq Ft
01/28/2022 01/28/22 Rented $875 0.0% --
01/18/2022 01/18/22 For Rent $875 0.0% --
12/17/2021 12/17/21 Sold $37,000 -7.3% $37 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $39,900 -- $40 / 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 -- $13,075 $1,125 $11,950
2024 -- $5,100 $1,125 $3,975
2023 $311 $5,100 $1,125 $3,975
2022 $311 $5,100 $1,125 $3,975
2021 $314 $5,100 $1,125 $3,975
2020 $246 $3,400 $1,125 $2,275
2019 $109 $3,400 $1,125 $2,275
2018 $109 $3,400 $1,125 $2,275
2017 $111 $3,400 $1,125 $2,275
2016 $217 $4,975 $0 $0
2014 $217 $4,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146562

Memphis Area Association of REALTORS®

APN: 09-3418-B0-0006