$330,000
SOLD MAR 31, 2025

The Monarch Condominiums 5400 Park Ave Unit 208 Memphis, TN 38119

Sea Isle Park Neighborhood
2 Beds
2 Baths
1,293 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

1% Below List Price

32 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Traditional Architecture
  • White Station High Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of March 2025

Enjoy the peace of mind and convenience provided by the gated entrance and dedicated concierge service in this 2 bedroom, 2 full bath condo. With hardwood floors, crown molding, smooth ceilings, SS appliances, granite countertop, tile backsplash, Plantation shutters and much, much more. Enhanced security measures ensure a safe and secure living environment for all residents. Amenities include: Fitness center, Swimming pool. Guest Suite, Library, Tennis Court, Party Room and Patio with gas grill.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1987

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Built-Up Roof

Interior Spaces

  • 1,293 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Washer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 067086 B00035

Community Details

Recreation

Additional Features

  • 1St Amendment To The Monarch Condos Subdivision
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,470

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 1987
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s), High Ceilings, Pantry
  • Appliances: Dishwasher, Disposal, Microwave, Range, Oven
  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1293
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Gas Grill
  • Foundation Details: Slab
  • Other Structures: Tennis Court(s)
  • Patio And Porch Features: Patio, Covered
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Built-Up
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security Gate, Smoke Detector(s)
  • Utilities: Electricity Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Tennis Court(s), Fitness Center, Gated, Pool
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size: 1293
  • Lot Size Units: Acres
  • Parcel #: 067086 B00035
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Mar 25, 2025
Sold by
Rena D Blair Revocable Living Trust and Blair Rena D
Bought by
Obrien James
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Views
7
Current Estimated Value
$336,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,929
Avg. Annual Appreciation
3.06%
Original Mortgage
$297,000
Outstanding Balance
$295,474
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$41,455

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 14, 2020
Sold by
Bcs Investments Llc
Bought by
Blair Rena D and The Rena D Blair Revocable Liv
Seller's Agent
Belinda Raines
Faith Management & Realty Grou
Buyer's Agent
Belinda Raines
Faith Management & Realty Grou
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$204,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jan 3, 2019
Sold by
Motl Kathleen M
Bought by
Bcs Investments Llc
Seller's Agent
Belinda Raines
Faith Management & Realty Grou
Buyer's Agent
Belinda Raines
Faith Management & Realty Grou
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Jan 28, 2010
Sold by
Bristol Park Palace Llc
Bought by
Motl Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $330,000 Jps Title Services Llc
Warranty Deed $255,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed $160,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,000 New Conventional
Previous Owner $204,000 New Conventional
Previous Owner $142,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $330,000 -1.5% $255 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $335,000 +31.4% $259 / Sq Ft
02/14/2020 02/14/20 Sold $255,000 0.0% $213 / Sq Ft View Prior Sale
01/09/2020 01/09/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $255,000 +10.9% $213 / Sq Ft
01/03/2019 01/03/19 Sold $230,000 0.0% $192 / Sq Ft View Prior Sale
12/06/2018 12/06/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $230,000 -- $192 / Sq Ft
Source: Realtracs

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 $1,931 $77,275 $6,600 $70,675
2024 $1,931 $56,975 $6,600 $50,375
2023 $3,471 $56,975 $6,600 $50,375
2022 $3,471 $56,975 $6,600 $50,375
2021 $1,966 $56,975 $6,600 $50,375
2020 $3,234 $44,625 $6,600 $38,025
2019 $1,426 $44,625 $6,600 $38,025
2018 $1,426 $44,625 $6,600 $38,025
2017 $1,460 $44,625 $6,600 $38,025
2016 $1,655 $37,875 $0 $0
2014 $1,655 $37,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Belinda Raines

    Faith Management & Realty Grou

    (901) 752-8983

    37 in this area

    38 Total Sales

    Belinda Raines
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About The Monarch Condominiums

Map

Source: Realtracs

MLS Number: 3008062

Realtracs

APN: 06-7086-B0-0035

Tennessee Shelby County Memphis 38119 Sea Isle Park

5400 Park Ave Unit 208, Memphis, TN

Sold

MultiFamily

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