NOT LISTED FOR SALE

5865 Park Ave Unit 5865 Memphis, TN 38119

Estimated Value: $163,000 - $173,000

2 Beds
1.5 Baths
1,000-1,199 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $163,000 $136 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $994/month

Highlights

  • Gated Parking
  • Clubhouse
  • Guest Suites
  • Updated Kitchen
  • Traditional Architecture
  • Great Room

About This Home

As of July 2021

Open Floor plan, Renovated kitchen, w/ tiled floor, quartz countertops & new white cabinets, all new appliances! Pantry & utility closet=lots of storage! Wood "hand scraped" floors, neutral paint, and 2 big windows create beautiful light filled great room! Upstairs you'll find wood floors, double door laundry closet, primary bedroom has 2 large closets, 2nd bedroom has large closet too. Plantation Shutters through out! Great patio to grill and gather as its directly across from pool!

Last Agent to Sell the Property

Lillian Jones

Ware Jones, REALTORS License #344020 Listed on: 06/11/2021

Ware Jones, REALTORS

Last Buyer's Agent

Dena Austill

Crye-Leike of MS, Inc. License #350343

Crye-Leike of MS, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $946

Year Built

  • Built in 1969

Lot Details

  • 2,178 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,070 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Den
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Gated Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 081004 A00015

Community Details

Overview

  • Property has a Home Owners Association
  • $175 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees, reserve fund
  • Chatham Village Community
  • Chatham Village Condominiums 2Nd Amend Subdivision

Amenities

  • Clubhouse
  • Guest Suites

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$946

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MLS Map #: 783A
  • MAAR Subdivision Name: CHATHAM VILLAGE CONDOMINIUMS 2ND AMEND
  • Condo: Yes
  • List Price Per Sq Ft: 154
  • Number Of Stories: 2
  • Price Per Sq Ft: 152.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1070
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 2
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Aluminum Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Gated Parking, Parking Lot, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Clubhouse, Guest Rm Available
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees, Reserve Fund
  • Condominium Association: Yes
  • Condominium Name: Chatham Village
  • Neighborhood Amenities: Club House, Pool

Fee Information

  • Monthly Maintenance Fee: 175

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: UN5865
  • Acreage: 0.05
  • Lot Size: .05
  • Price Per Acre: 3300000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 081004 A00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 15, 2021
Sold by
Wellford William Lewis Crews
Bought by
Smith Tammy M
Seller's Agent
Lillian Jones
Ware Jones, REALTORS
Buyer's Agent
Dena Austill
Crye-Leike of MS, Inc.
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Current Estimated Value
$169,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,364
Avg. Annual Appreciation
0.14%
Original Mortgage
$153,900
Outstanding Balance
$140,368
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$23,596

Purchase Details

Listed on
Oct 30, 2018
Closed on
Dec 7, 2018
Sold by
Porter Wanda S
Bought by
Crews Wellford William Lewis
Seller's Agent
Kerry Satterfield
Faith Management & Realty Grou
Buyer's Agent
Lillian Jones
Ware Jones, REALTORS
List Price
$107,000
Sold Price
$103,000
Premium/Discount to List
-$4,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%
Original Mortgage
$82,400
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Porter Cory Thomas
Bought by
Porter Wanda S

Purchase Details

Closed on
Jul 15, 1996
Sold by
Cenlar Fsb
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Smith Tammy M $163,000 Realty Title
Crews Wellford William Lewis $103,000 Multiple
Porter Wanda S -- --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tammy M $153,900
Previous Owner Wellford William Lewis Crews $82,400
Previous Owner Crews Wellford William Lewis $82,400
Previous Owner Porter Cory T $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $163,000 -1.2% $163 / Sq Ft
06/11/2021 06/11/21 For Sale $165,000 +60.2% $165 / Sq Ft
12/07/2018 12/07/18 Sold $103,000 -3.7% $103 / Sq Ft
10/30/2018 10/30/18 For Sale $107,000 -- $107 / Sq Ft
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 $946 $41,700 $3,000 $38,700
2024 $946 $27,900 $3,000 $24,900
2023 $1,700 $27,900 $3,000 $24,900
2022 $1,700 $27,900 $3,000 $24,900
2021 $963 $27,900 $3,000 $24,900
2020 $1,453 $20,050 $3,000 $17,050
2019 $641 $20,050 $3,000 $17,050
2018 $641 $20,050 $3,000 $17,050
2017 $656 $20,050 $3,000 $17,050
2016 $792 $18,125 $0 $0
2014 $792 $18,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101544

Memphis Area Association of REALTORS®

APN: 08-1004-A0-0015