$399,500
$26K PRICE DROP

Estimated payment $2,369/month

Total Views 3,228
3 Beds
3.5 Baths
2,400-2,599 Sq Ft
$154 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • White Station High Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

Welcome to this beautifully updated 3-bedroom, 3.5-bath home in the sought-after East Memphis gated community of Kingsgate. The spacious primary suite is located downstairs and features a completely renovated bathroom. Upstairs, you'll find two large bedrooms, each with its own walk-in closet and private bath. The kitchen has been tastefully updated and you will love the hardwood floors downstairs and brand-new carpet in the upstairs bedrooms. Plantation shutters throughout add charm and privacy. Step outside to the brand-new deck and a beautifully landscaped backyard. Just minutes from shops, restaurants, grocery stores and theaters --location and lifestyle in one! Association Fees $200 monthly.

Listing Agent

Carol Iverson

Crye-Leike, Inc., REALTORS License #23002 Listed on: 08/02/2025

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1987

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54x105
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Double Pane Windows
  • Plantation Shutters
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Attic

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Security Gate
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Cove
  • Deck
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • 220 Volts

Community Details

  • Kingsgate Pd Outline/Final Plan Subdivision
  • Property managed by Wright Management
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 056007 B00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,511

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Colonial
  • MLS Map #: 756E
  • MAAR Subdivision Name: KINGSGATE
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Sky Light(s) in Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Sky Light(s), Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Porch, Deck, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Dual System
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Management Company: Wright Management
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Landscaped, Wood Fenced
  • Lot Number: 5
  • Acreage: 0.15
  • Lot Size: 54X105
  • Price Per Acre: 2663333
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 056007 B00005

Map

Range of Values:

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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 $2,511 $93,475 $14,700 $78,775
2024 $2,511 $74,075 $14,700 $59,375
2023 $4,512 $74,075 $14,700 $59,375
2022 $4,512 $74,075 $14,700 $59,375
2021 $4,565 $74,075 $14,700 $59,375
2020 $4,512 $62,275 $14,700 $47,575
2019 $4,512 $62,275 $14,700 $47,575
2018 $4,512 $62,275 $14,700 $47,575
2017 $2,560 $62,275 $14,700 $47,575
2016 $2,408 $55,100 $0 $0
2014 $2,408 $55,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $399,500 -6.0% $166 / Sq Ft
08/02/2025 08/02/25 For Sale $425,000 -- $177 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $223,000 --
Warranty Deed $183,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Closed $50,000 Credit Line Revolving
Closed $181,500 New Conventional
Closed $177,000 New Conventional
Closed $30,000 Credit Line Revolving
Closed $165,000 New Conventional
Closed $30,000 Credit Line Revolving
Closed $172,500 Unknown
Closed $40,000 Credit Line Revolving
Closed $35,000 Credit Line Revolving
Closed $175,000 No Value Available
Previous Owner $146,400 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10202687

Memphis Area Association of REALTORS®

APN: 05-6007-B0-0005