$250,000

The Monarch Condominiums 5400 Park Ave Unit 108 Memphis, TN 38119

Sea Isle Park Neighborhood

Estimated payment $1,496/month

1 Bed
1 Bath
957 Sq Ft
$261 Price per Sq Ft

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Parking
  • White Station High Rated A
  • Lake On Lot
  • Updated Kitchen

About This Home

Rare opportunity to own ground floor unit. Recent renovations are knockout. Gorgeous hardwood throughout, 9ft. ceilings, plantation shutters, exquisite crown molding. Huge bedroom and walk in closet. Friendly community with unmatched amenities & services. Amenities include pool, gym, guest suite, pickleball/tennis court, Pauline Room for entertaining, beautiful grounds to walk inside the gates. Financially sound HOA with low monthly HOA fees of $325. On site property manager and staff to assist in every way. Call or text listing agent who lives on the property and can show anytime. Convenient to great restaurants, shopping and easy access to the airport. Three security gates with controlled access, 5.5 acres of beautifully maintained grounds. You will love living at the Monarch, carefree living at its best.

Listing Agent

Belinda Raines

Faith Management & Realty Grou License #316831 Listed on: 07/19/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • Wrought Iron Fence
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Monitored
  • Termite Clearance

Parking

  • 1 Covered Space
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Lake On Lot
  • Courtyard
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • $333 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • 110 Units
  • Mid-Rise Community
  • The Monarch Community
  • Amended And Restated Master Deed Subdivision
  • Property managed by Keith Collins

Amenities

  • Trash Chute
  • Guest Suites

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Building Fire Alarm
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

5.5 Acres

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Estate
  • MAAR Subdivision Name: THE MONARCH CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 957
  • Termite Contract: Yes
  • Year Built: 1988
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Full Bath Down
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Powder/Dressing Room, Cat/Dog Free House, Smoke Detector(s), Monitored Alarm, 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Closet
  • 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: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Tennis Court, Well Landscaped Grounds, Brick or Stone Fence, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Gated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric, Electric Heat Pump
  • Security: Fire Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate, Limited Access, Part Time Guard Service, Dead Bolt Lock(s), Closed Circuit TV
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Lighted Tennis Court(s), Exercise Room, Clubhouse w/ Kitchen, Guest Rm Available, Courtyard, Lake/Pond on Property
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: The Monarch
  • Management Company: Keith Collins

Fee Information

  • Monthly Maintenance Fee: 333

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Corner, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced, Iron Fenced
  • Acreage: 5.5
  • Geo Subdivision: TN

Map

About The Monarch Condominiums

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,641 $61,000 $4,925 $56,075
2024 $1,561 $46,050 $4,925 $41,125
2023 $2,805 $46,050 $4,925 $41,125
2022 $2,805 $46,050 $4,925 $41,125
2021 $2,838 $46,050 $4,925 $41,125
2020 $2,605 $35,950 $4,925 $31,025
2019 $1,149 $35,950 $4,925 $31,025
2018 $1,149 $35,950 $4,925 $31,025
2017 $1,176 $35,950 $4,925 $31,025
2016 $1,158 $26,500 $0 $0
2014 $1,158 $26,500 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2026 07/19/26 For Sale $250,000 -0.8% $261 / Sq Ft
05/20/2022 05/20/22 Sold $252,000 0.0% $266 / Sq Ft View Prior Sale
04/25/2022 04/25/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $252,000 +32.6% $266 / Sq Ft
08/31/2020 08/31/20 Sold $190,000 0.0% $1,900 / Sq Ft View Prior Sale
08/31/2020 08/31/20 For Sale $190,000 +79.2% $1,900 / Sq Ft
02/21/2012 02/21/12 Sold $106,000 -15.2% $112 / Sq Ft View Prior Sale
02/08/2012 02/08/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $125,000 -- $132 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $252,000 Realty Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $190,000 None Available
Warranty Deed $106,000 Premium Title Group Llc
Warranty Deed $130,000 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $152,000 New Conventional
Previous Owner $117,000 New Conventional
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10226473

Memphis Area Association of REALTORS®

APN: 06-7086-B0-0009

Tennessee Shelby County Memphis 38119 Sea Isle Park

5400 Park Ave Unit 108, Memphis, TN

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Listing Agent
Belinda Raines
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Faith Management & Realty Grou
(901) 235-2440
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