NOT LISTED FOR SALE

The Monarch Condominiums 5400 Park Ave Unit 426 Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $312,000 - $330,000

2 Beds
2 Baths
1,310 Sq Ft
$246/Sq Ft Est. Value

Highlights

  • Tennis Courts
  • In Ground Pool
  • Updated Kitchen
  • White Station High Rated A
  • Lake On Lot
  • 5.5 Acre Lot

About This Home

As of October 2018

Rare opportunity to lease at the Monarch. Gorgeous open floor plan with hardwood throughout. 9 ft ceilings and exquisite crown molding. Renovation kitchen with granite countertops and breakfast bar. Updated baths, walk-in shower in the master and bath in the guest bedroom. Equipped with washer/dryer. Unmatched amenities include on-site property manager, concierge/security officer, gym, pool, lighted tennis court, Pauline Room for entertaining, guest suite, library. Friendly homeowners!

Last Agent to Rent the Property

Belinda Raines

Faith Management & Realty Grou License #316831 Listed on: 10/10/2018

Last Renter's Agent

Belinda Raines

Faith Management & Realty Grou License #316831 Listed on: 10/10/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 5.5 Acre Lot
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Parking

  • 1 Parking Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Library
  • Iron Doors

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Powder Room
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Lake On Lot
  • Tennis Courts
  • Deck
  • Patio
  • Outdoor Gas Grill

Utilities

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

Community Details

  • Voluntary home owners association
  • Mid-Rise Condominium
  • 2Nd Amendment To The Monarch Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067086 B00109

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, Mid Rise
  • MLS Map #: 759C
  • MAAR Subdivision Name: THE MONARCH CONDOMINIUMS
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.53
  • Estimated Sq Ft: 1310
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Luxury Primary Bath, 2 Full Primary Baths
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Powder/Dressing Room
  • Other Rooms: Laundry Closet, Library/Study
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Patio, Deck, Tennis Court
  • Exterior Windows: Wood/Composition, Synthetic Stucco, Wood Window(s), Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central, Electric, Electric Heat Pump
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced, Brick/Iron Fenced
  • Lot Number: UNIT 426
  • Acreage: 5.5
  • Price Per Acre: 345

Multi Family

  • Number Of Rooms: 5
  • Total Number Of Units: 110

Tax Info

  • Assessor Parcel Number: 067086 B00109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2010
Sold by
Bristol Park Palace Llc
Bought by
Whitten Ana Elizabeth
Current Estimated Value
$321,612
Source: Public Records

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 Buyer Sale Price Title Company
Whitten Ana Elizabeth $135,000 Multiple
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Rented $2,000 +5.3% --
10/10/2018 10/10/18 For Rent $1,900 -- --
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 -- $77,925 $6,600 $71,325
2024 $1,909 $56,325 $6,600 $49,725
2023 $3,431 $56,325 $6,600 $49,725
2022 $3,431 $56,325 $6,600 $49,725
2021 $3,471 $56,325 $6,600 $49,725
2020 $3,261 $45,000 $6,600 $38,400
2019 $3,261 $45,000 $6,600 $38,400
2018 $3,261 $45,000 $6,600 $38,400
2017 $1,850 $45,000 $6,600 $38,400
2016 $1,661 $38,000 $0 $0
2014 $1,661 $60,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2018

    Belinda Raines

    Faith Management & Realty Grou

    (901) 752-8983

    39 in this area

    40 Total Sales

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About The Monarch Condominiums

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038413

Memphis Area Association of REALTORS®

APN: 06-7086-B0-0109

Tennessee Shelby County Memphis 38119 Colonial Acres

5400 Park Ave Unit 426, Memphis, TN

This home is located at 5400 Park Ave Unit 426, Memphis, TN 38119 since 10 October 2018 and is currently priced at $322,660. This property was built in 1987. 5400 Park Ave Unit 426 is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and White Station High.

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