$59,000 - $89,000
RENTED FEB 6, 2025

5589 Gates Cove Unit 41 Memphis, TN 38115

Fox Meadows Neighborhood
3 Beds
2.5 Baths
1,400-1,599 Sq Ft
4,530 Sq Ft Lot

Highlights

  • Gated Community
  • Clubhouse
  • 1 Car Detached Garage
  • Updated Kitchen
  • Gazebo
  • Storm Windows

About This Home

As of February 2025

Super Nice Two-Level Condo in East Memphis! Gated Community! Living room with wood burning fireplace! Near Xpressway and shopping. Covered carport,fenced patio area, and storage.Refrigerator,stove and dishwasher,water bill included.Call listing agent for entry.

Last Agent to Rent the Property

Cynthia Murden

KAIZEN Realty, LLC License #269902 Listed on: 12/18/2024

KAIZEN Realty, LLC

Last Renter's Agent

Cynthia Murden

KAIZEN Realty, LLC License #269902 Listed on: 12/18/2024

KAIZEN Realty, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $225

Year Built

  • Built in 1976

Lot Details

  • Wood Fence
  • Landscaped
  • Few Trees
  • Zero Lot Line

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

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

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Gazebo

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 074089 C00047

Community Details

Overview

  • Clarke Address Condominiums The 1St Amen Subdivision
  • Mandatory Home Owners Association

Amenities

  • Clubhouse

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$225

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Zero-Lot Line, 2nd FL Multi-Story Condo
  • Cross Street: Clarke Road
  • MLS Map #: 785B
  • MAAR Subdivision Name: CLARKE ADDRESS CONDOMINIUMS
  • Number Of Stories: 2
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining 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, Primary Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Fireplace: Prefabricated, In Living Room
  • Floors/Ceilings: Tile, Concrete Floor, Sprayed Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Entry Hall
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Sec Doors, Patio, Gazebo
  • Exterior Windows: Vinyl Siding, Aluminum Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Dual System
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Club House, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 41
  • Lot Size: 80x120x0.22
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074089 C00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Aaa Group
Bought by
Murden Cynthia
Current Estimated Value
$74,222

Purchase Details

Closed on
Mar 18, 2022
Sold by
Cynthia Murden
Bought by
Aaa Group

Purchase Details

Closed on
Aug 15, 2019
Sold by
The Clarke Address Inc
Bought by
Murden Cynthia

Purchase Details

Closed on
Nov 18, 2017
Sold by
Moore Herbert
Bought by
Murden Cynthia

Purchase Details

Closed on
Oct 30, 2017
Sold by
Moore Herbert
Bought by
The Clarke Address Inc

Purchase Details

Closed on
Jul 27, 2005
Sold by
Sharp Thelma J
Bought by
Moore Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,520
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Murden Cynthia -- --
Aaa Group -- None Listed On Document
Murden Cynthia -- None Available
Murden Cynthia -- None Available
The Clarke Address Inc $3,460 None Available
Moore Herbert $63,150 Assured Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Herbert $50,520
Previous Owner Sharp Thelma J $11,900
Closed Moore Herbert $12,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Rented $1,400 0.0% --
12/18/2024 12/18/24 For Rent $1,400 -- --
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 $225 $13,240 $1,800 $11,440
2024 $225 $6,650 $1,125 $5,525
2023 $405 $6,650 $1,125 $5,525
2022 $405 $6,650 $1,125 $5,525
2021 $410 $6,650 $1,125 $5,525
2020 $435 $6,000 $1,125 $4,875
2019 $192 $6,000 $1,125 $4,875
2018 $192 $6,000 $1,125 $4,875
2017 $196 $6,000 $1,125 $4,875
2016 $272 $6,225 $0 $0
2014 $272 $6,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186872

Memphis Area Association of REALTORS®

APN: 07-4089-C0-0047