$75,000
SOLD AUG 28, 2019

5277 Scottsdale Ave Unit 8 Memphis, TN 38118

Parkway Village Neighborhood
3 Beds
2.5 Baths
2,000-2,199 Sq Ft
6,316 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

6% Below List Price

14 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Separate Formal Living Room
  • Corner Lot
  • Traditional Architecture
  • End Unit
  • Den with Fireplace

About This Home

As of February 2024

SURPRISINGLY SPACIOUS, WELL-KEPT, AND READY FOR NEW OWNER. THIS IS A POPULAR AREA OF TOWNHOMES, CONVENIENT TO NEEDED SERVICES. MASTER IS A REAL SUITE WITH SITTING AREA, 2 CLOSETS OF WHICH ONE IS A WALK-IN. BACKYARD IS WOOD FENCED, HAS COVERED PATIO, AND AREA FOR STORAGE. OVER 2,000 SQFT OF USABLE SPACE. FAMILY OR SINGLE, THIS HOME WORKS. VERY EASY TO SHOW, AND IMMEDIATE POSSESSION.

Last Agent to Sell the Property

B. J. Worthy

REMAX Experts License #58271 Listed on: 08/02/2019

REMAX Experts

Last Buyer's Agent

Nedra Redditt

Ready Team REALTORS License #224548

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $515

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,089 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Home Security

  • Burglar Security System
  • Termite Clearance
  • Iron Doors

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 074037 F00009

Community Details

Overview

  • Property has a Home Owners Association
  • $85 Maintenance Fee
  • Menden Downs Community
  • 5Th Amend Menden Downs Condos Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$515

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MLS Map #: 784D
  • MAAR Subdivision Name: MENDEN DOWNS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 38
  • Number Of Stories: 2
  • Price Per Sq Ft: 35.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2089
  • Termite Contract: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Sitting Area, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Covered Patio
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Burglar Alarm, Iron Door(s), Dead Bolt Lock(s)

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: MENDEN DOWNS

Fee Information

  • Monthly Maintenance Fee: 85

Lot Info

  • Lot Description: Level, Corner, Landscaped, Wood Fenced
  • Lot Number: UNIT 8
  • Lot Size: 915

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074037 F00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Feb 23, 2024
Sold by
Townsend Roni E and Townsend Hayward
Bought by
Sanchez Chanibel
Seller's Agent
Kenneth Woods
eXp Realty, LLC
Buyer's Agent
Diane Lee
Harris Realty Services
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Total Days on Market
14
Views
123
Current Estimated Value
$122,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,946
Avg. Annual Appreciation
1.87%
Original Mortgage
$120,000
Outstanding Balance
$118,360
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$4,586

Purchase Details

Closed on
Nov 5, 2021
Sold by
Townsend Roni E
Bought by
Townsend Roni E and Townsend Hayward

Purchase Details

Listed on
Aug 2, 2019
Closed on
Aug 29, 2019
Sold by
Lytle Mary G
Bought by
Townsend Roni Ray
Seller's Agent
B. J. Worthy
REMAX Experts
Buyer's Agent
Nedra Redditt
Ready Team REALTORS
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
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
Warranty Deed $120,000 Titan Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $75,000 Saddle Creek Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $120,000 -14.3% $60 / Sq Ft
12/29/2023 12/29/23 Price Changed $140,000 -6.7% $70 / Sq Ft
12/08/2023 12/08/23 For Sale $150,000 +100.0% $75 / Sq Ft
08/28/2019 08/28/19 Sold $75,000 -6.3% $38 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $80,000 -- $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 $515 $30,100 $2,375 $27,725
2024 $515 $15,200 $2,375 $12,825
2023 $926 $15,200 $2,375 $12,825
2022 $926 $15,200 $2,375 $12,825
2021 $1,100 $15,200 $2,375 $12,825
2020 $1,009 $13,925 $2,375 $11,550
2019 $445 $13,925 $2,375 $11,550
2018 $445 $13,925 $2,375 $11,550
2017 $456 $13,925 $2,375 $11,550
2016 $709 $16,225 $0 $0
2014 $709 $16,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058864

Memphis Area Association of REALTORS®

APN: 07-4037-F0-0009