$51,000

4721 Queens Lace Ct Unit 56 Memphis, TN 38118

Oakhaven Neighborhood

Estimated payment $299/month

Total Views 218
2 Beds
2 Baths
1,000-1,199 Sq Ft
$43 Price per Sq Ft

Highlights

  • Popular Property
  • Traditional Architecture
  • Tennis Courts
  • 13.11 Acre Lot
  • 1 Fireplace
  • Some Wood Windows

About This Home

This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. Currently tenant-occupied with reliable renters in place that's been there for 10 years. it’s a turnkey investment with immediate rental income potential. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are generously sized. Tenant would like to stay.

Listing Agent

Vashti Parson

C21 Patterson & Assoc. Real Es License #287511 Listed on: 08/22/2025

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $257

Year Built

  • Built in 1974

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,079 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Storage Room
  • Wall to Wall Carpet
  • Iron Doors
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 13.11 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 073111 D00057

Community Details

Overview

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • First Amend To Shelby Meadows Condos Inc Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$257

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 773D
  • MAAR Subdivision Name: FIRST AMEND TO SHELBY MEADOWS CONDOS INC
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1079
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • 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: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition, Aluminum/Steel Siding, Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Tennis Court(s)
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Number: UNIT 56
  • Acreage: 13.11
  • Lot Size: 13.11
  • Price Per Acre: 3890
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 073111 D00057

Map

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

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 $257 $12,425 $1,250 $11,175
2024 $257 $7,575 $1,250 $6,325
2023 $461 $7,575 $1,250 $6,325
2022 $461 $7,575 $1,250 $6,325
2021 $467 $7,575 $1,250 $6,325
2020 $411 $5,675 $1,250 $4,425
2019 $411 $5,675 $1,250 $4,425
2018 $411 $5,675 $1,250 $4,425
2017 $233 $5,675 $1,250 $4,425
2016 $249 $5,700 $0 $0
2014 $249 $5,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $51,000 -- $51 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $37,500 Equity Title & Escrow Co
Trustee Deed $28,800 --
Warranty Deed $30,025 --
Warranty Deed $29,179 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,445 FHA
Open $5,954 FHA
Open $36,656 FHA
Previous Owner $26,675 No Value Available
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10204165

Memphis Area Association of REALTORS®

APN: 07-3111-D0-0057

Tennessee Shelby County Memphis 38118 Oakhaven

4721 Queens Lace Ct Unit 56, Memphis, TN

This home is located at 4721 Queens Lace Ct Unit 56, Memphis, TN 38118 and is currently priced at $51,000, approximately $42 per square foot. This property was built in 1974. 4721 Queens Lace Ct Unit 56 is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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Nearby Homes
Listing Agent
Vashti Parson
Section Image
C21 Patterson & Assoc. Real Es
(901) 673-8122