NOT LISTED FOR SALE

5897 Park Ave Unit 5897 Memphis, TN 38119

Kirby Woods Neighborhood

Estimated Value: $132,000 - $156,000

2 Beds
1.5 Baths
1,000-1,199 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $107,000 $89 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $850/month

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Traditional Architecture
  • Gated Community
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of January 2020

Gated condo in great East Memphis location - Beautifully renovated, move-in ready with hard wood, ceramic tile and berber carpet. End unit, only one neighbor. Private courtyard with wood fence. Parking is just outside the backyard gate. Refrigerator is included. Nice pool. Chatham Village also has hotel suites for your guests to rent when they come and visit.

Last Agent to Sell the Property

Michael Frizzell

Grind City Realty License #301725 Listed on: 11/26/2019

Last Buyer's Agent

Kaylee J. Oaks

Hometown Realty License #333626

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $937

Year Built

  • Built in 1968

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,157 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Monitored
  • Security Gate
  • Iron Doors

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 081004 A00250

Community Details

Overview

  • Property has a Home Owners Association
  • $165 Maintenance Fee
  • Chatham Village Community
  • Chatham Village Condominiums 2Nd Amend Subdivision
  • Property managed by FAITH MANAGEMENT

Amenities

  • Guest Suites
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Gated Community
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$937

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Town House
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHATHAM VILLAGE CONDOMINIUMS 2ND AMEND
  • Condo: Yes
  • List Price Per Sq Ft: 97
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1157
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 2
  • Bedrooms: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Closet
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate, Limited Access
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Condo Amenities: Community Laundry, Guest Rm Available, Courtyard
  • Condominium Association: Yes
  • Condominium Name: CHATHAM VILLAGE
  • Management Company: FAITH MANAGEMENT
  • Neighborhood Amenities: Gated Neighborhood, Pool

Fee Information

  • Monthly Maintenance Fee: 165

Lot Info

  • Lot Description: Corner, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: UN 5897
  • Acreage: 0.05
  • Lot Size: 779.365/783.75 X 809.345/859.26

Tax Info

  • Assessor Parcel Number: 081004 A00250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jan 14, 2020
Sold by
Vance Olivia
Bought by
Call Lisa A and Call Jeffrey T
Seller's Agent
Michael Frizzell
Grind City Realty
Buyer's Agent
Kaylee J. Oaks
Hometown Realty
List Price
$110,000
Sold Price
$107,000
Premium/Discount to List
-$3,000
-2.73%
Current Estimated Value
$147,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,371
Avg. Annual Appreciation
5.68%
Original Mortgage
$80,250
Outstanding Balance
$70,904
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$76,467

Purchase Details

Closed on
Jan 20, 2017
Sold by
Vance Owen
Bought by
Vance Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 3, 2016
Sold by
Wilson Jennifer H
Bought by
Vance Owen
Seller's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
May 21, 2010
Sold by
Jerkins Brian M and Jerkins Jennifer S
Bought by
Heckman Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Jones William E and Jones Patricia N
Bought by
Jerkins Brian M and Jerkins Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Smith David Carter
Bought by
Jones William E and Jones Patricia N

Purchase Details

Closed on
Feb 15, 2000
Sold by
Amisub Sfh Inc
Bought by
Smith David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
8.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Call Lisa A $107,000 Summit Title & Escrow Llc
Vance Olivia $86,000 Edco Title & Closing Svcs In
Vance Owen $84,000 Realty Title
Heckman Jennifer C $86,000 Multiple
Jerkins Brian M $86,500 Stewart Title
Jones William E $85,000 --
Smith David C $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Call Lisa A $80,250
Previous Owner Vance Olivia $68,800
Previous Owner Heckman Jennifer C $68,800
Previous Owner Jerkins Brian M $69,200
Previous Owner Smith David C $82,250
Closed Jerkins Brian M $12,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2020 01/14/20 Sold $107,000 -2.7% $107 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $110,000 +31.0% $110 / Sq Ft
03/03/2016 03/03/16 Sold $84,000 -6.6% $84 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $89,900 -- $90 / 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 $937 $37,725 $3,000 $34,725
2024 $937 $27,650 $3,000 $24,650
2023 $1,684 $27,650 $3,000 $24,650
2022 $1,684 $27,650 $3,000 $24,650
2021 $1,704 $27,650 $3,000 $24,650
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

  • Michael Frizzell

    Seller's Agent in 2020

    Michael Frizzell

    Grind City Realty

    (901) 485-3203

    114 Total Sales

    Michael Frizzell
    Section Image
  • Kaylee J. Oaks

    Buyer's Agent in 2020

    Kaylee J. Oaks

    Hometown Realty

    (901) 494-0127

    2 in this area

    148 Total Sales

    Kaylee J. Oaks
    Section Image
  • Bob Geabhart

    Seller's Agent in 2016

    Bob Geabhart

    Crye-Leike

    (901) 830-8811

    1 in this area

    16 Total Sales

    Bob Geabhart
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066746

Memphis Area Association of REALTORS®

APN: 08-1004-A0-0250

Tennessee Shelby County Memphis 38119 Kirby Woods

5897 Park Ave Unit 5897, Memphis, TN

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