The Monarch Condominiums 5400 Park Ave Unit 424 Memphis, TN 38119
Colonial Acres Neighborhood
2
Beds
2
Baths
1,000-1,199
Sq Ft
6
Acres
Highlights
- Fitness Center
- In Ground Pool
- Gated Parking
- White Station High Rated A
- Lake On Lot
- 5.5 Acre Lot
About This Home
As of April 2021Top floor, overlooking the pool! Priced 30K below two bedrooms that have sold in past year. Updated kitchen with granite countertops and stainless steel appliances. Lots of storage with bonus closet off the dining room and large walk-in closet in the master. Unmatched amenities at this premiere gated property include guest suite, Pauline Room, well-equipped gym, tennis court, pool, on-site property manager and concierge/security officer . Quiet, wonderful community in heart of East Mphs.
Last Agent to Sell the Property
Faith Management & Realty Grou License #316831 Listed on: 07/10/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,757
Year Built
- Built in 1988
Lot Details
- Wood Fence
- Brick Fence
- Landscaped Professionally
- Sprinklers on Timer
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Built-Up Roof
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,096 Sq Ft Home
- Smooth Ceilings
- Vaulted Ceiling
- Some Wood Windows
- Combination Dining and Living Room
Kitchen
- Self-Cleaning Oven
- Cooktop
- Dishwasher
- Disposal
Flooring
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
- Walk-In Closet
- Two Primary Bathrooms
- 2 Full Bathrooms
- Powder Room
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- Carport
- Gated Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- In Ground Pool
- Lake On Lot
- Courtyard
- Deck
- Patio
- Outdoor Gas Grill
Utilities
- Central Heating
- Heat Pump System
- 220 Volts
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 067086 B00107
Community Details
Overview
- Property has a Home Owners Association
- $336 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 Condominium
- Monarch Condominium Community
- 2Nd Amendment To The Monarch Condos Subdivision
- Property managed by Ledic
Amenities
- Trash Chute
- Clubhouse
- Guest Suites
Recreation
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 2024
Sold by
Lindley Jeffrey E
Bought by
Nokes Lindley Sara
Current Estimated Value
Purchase Details
Listed on
Mar 10, 2021
Closed on
Apr 14, 2021
Sold by
Irving Jones Angharad and Phillips Alan Dean
Bought by
Lindley Jeffrey E
Seller's Agent
Belinda Raines
Faith Management & Realty Grou
Buyer's Agent
Belinda Raines
Faith Management & Realty Grou
List Price
$280,000
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Purchase Details
Listed on
Jul 10, 2014
Closed on
Sep 9, 2014
Sold by
Kimmell Edmund C and Bunyard Kathleen K
Bought by
Irving Jones Angharad and Phillips Alan Dean
Seller's Agent
Belinda Raines
Faith Management & Realty Grou
Buyer's Agent
Mike Parker
The Firm
List Price
$155,000
Sold Price
$148,000
Premium/Discount to List
-$7,000
-4.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Purchase Details
Closed on
Feb 27, 2007
Sold by
Bristol Park Palace Llc
Bought by
Kimmell Edmund C and Bunyard Kathleen K
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $280,000 | Foundation Title & Escrow | |
| Warranty Deed | $148,000 | None Available | |
| Warranty Deed | $194,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $280,000 | 0.0% | $233 / Sq Ft |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- |
| 03/10/2021 03/10/21 | For Sale | $280,000 | 0.0% | $233 / Sq Ft |
| 04/01/2016 04/01/16 | Rented | $1,800 | 0.0% | -- |
| 04/01/2016 04/01/16 | Under Contract | -- | -- | -- |
| 04/01/2016 04/01/16 | For Rent | $1,800 | 0.0% | -- |
| 09/11/2014 09/11/14 | Sold | $148,000 | -4.5% | $148 / Sq Ft |
| 08/23/2014 08/23/14 | Pending | -- | -- | -- |
| 07/10/2014 07/10/14 | For Sale | $155,000 | -- | $155 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,757 | $74,125 | $5,875 | $68,250 |
| 2024 | $1,757 | $51,825 | $5,875 | $45,950 |
| 2023 | $3,157 | $51,825 | $5,875 | $45,950 |
| 2022 | $3,157 | $51,825 | $5,875 | $45,950 |
| 2021 | $1,788 | $51,825 | $5,875 | $45,950 |
| 2020 | $3,087 | $42,600 | $5,875 | $36,725 |
| 2019 | $1,361 | $42,600 | $5,875 | $36,725 |
| 2018 | $1,361 | $42,600 | $5,875 | $36,725 |
| 2017 | $1,394 | $42,600 | $5,875 | $36,725 |
| 2016 | $1,609 | $36,825 | $0 | $0 |
| 2014 | $1,609 | $36,825 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2021
Belinda Raines
Faith Management & Realty Grou
(901) 752-8983
39 in this area
40 Total Sales
-
Buyer's Agent in 2014
Mike Parker
The Firm
(901) 277-7275
3 in this area
264 Total Sales
About The Monarch Condominiums
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9930992
APN: 06-7086-B0-0107
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