NOT LISTED FOR SALE

5907 Park Ave Unit 5907 Memphis, TN 38119

Kirby Woods Neighborhood

Estimated Value: $136,000 - $155,211

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

Last Sold December 27, 2019

Last sale price $110,000 $92 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $853/month

Highlights

  • Gated Parking
  • Updated Kitchen
  • Separate Formal Living Room
  • Gated Community
  • Clubhouse
  • Community Pool

About This Home

As of December 2019

Fabulous 2 BR/1.5 Bath Condo in highly sought Chatham Village. Upgrades include: New Back door w/built-in blinds, windows, hot water heater, dishwasher & glass-top stove. ENTIRE kitchen & upstairs bath remodel, new engineered hardwood in LR, fresh paint in LR/kitchen. IKEA Tradfri smart lighting system throughout. Automatic lights in the kitchen and automatic humidity sending exhaust fan in upstairs bath. Washer/Dryer stay! Owner/Occupant only. BACK ON THE MARKET DUE TO BUYER FINANCING

Last Agent to Sell the Property

Tracy Duggan

Real Broker License #338857 Listed on: 09/24/2019

Real Broker

Last Buyer's Agent

Erica Reed

Crye-Leike, Inc., REALTORS License #302521

Crye-Leike, Inc., REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $946

Year Built

  • Built in 1969

Lot Details

  • 2,178

Home Design

  • Slab Foundation

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,119 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Attic Access Panel

Kitchen

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

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Unassigned Parking

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Additional Features

  • Patio
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 081004 A00255

Community Details

Overview

  • Property has a Home Owners Association
  • $165 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, pest control contract
  • Chatham Village Cond Community
  • Chatham Village Condominiums 2Nd Amend Subdivision
  • Property managed by Faith Management Co

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

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
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHATHAM VILLAGE CONDOMINIUMS 2ND AMEND
  • Condo: Yes
  • List Price Per Sq Ft: 98
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1119
  • Year Built: 1969
  • 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, Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Washer, Dryer, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Other Rooms: Laundry Closet
  • 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
  • Foundation: Slab
  • Pool Description: Neighborhood

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Chatham Village Cond
  • Management Company: Faith Management Co
  • Neighborhood Amenities: Club House, Gated Neighborhood, Pool

Fee Information

  • Monthly Maintenance Fee: 165

Lot Info

  • Lot Number: UN 5907
  • Acreage: 0.05
  • Lot Size: 779.365/783.75 X 809.345/859.26

Tax Info

  • Assessor Parcel Number: 081004 A00255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 20, 2019
Sold by
Dyar Scott Charles
Bought by
Nelms Nicholas
Seller's Agent
Tracy Duggan
Real Broker
Buyer's Agent
Erica Reed
Crye-Leike, Inc., REALTORS
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$147,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,803
Avg. Annual Appreciation
5.19%
Original Mortgage
$106,700
Outstanding Balance
$94,310
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$53,493

Purchase Details

Closed on
Jun 2, 2017
Sold by
Dyer Matthew Taylor
Bought by
Dyar Scott Charles

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jul 29, 2014
Sold by
Wilson Lawrence Mark
Bought by
Dyar Scott
Seller's Agent
Kay Coleman Gordon
REMAX Experts
Buyer's Agent
Vicki Gandee
Crye-Leike, Inc., REALTORS
List Price
$72,500
Sold Price
$72,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$71,186
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2003
Sold by
Chancellor Wanda
Bought by
Wilson Lawrence Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Minderman William M and Minderman Jan L
Bought by
Chancellor Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.11%

Purchase Details

Closed on
Jan 28, 1998
Sold by
Hall James B and Hall Martha S
Bought by
Minderman William M and Minderman Jan L
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
Nelms Nicholas $110,000 Saddle Creek Title
Dyar Scott Charles -- None Available
Dyar Scott $72,500 None Available
Wilson Lawrence Mark $75,000 --
Chancellor Wanda $73,000 --
Minderman William M $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelms Nicholas $106,700
Previous Owner Dyar Scott $71,186
Previous Owner Wilson Lawrence Mark $75,000
Previous Owner Chancellor Wanda $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2019 12/27/19 Sold $110,000 0.0% $110 / Sq Ft
11/21/2019 11/21/19 For Sale $110,000 0.0% $110 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $110,000 +51.7% $110 / Sq Ft
07/30/2014 07/30/14 Sold $72,500 0.0% $73 / Sq Ft View Prior Sale
06/26/2014 06/26/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $72,500 -- $73 / 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 $37,725 $3,000 $34,725
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 $1,719 $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

  • Tracy Duggan

    Seller's Agent in 2019

    Tracy Duggan

    Real Broker

    (901) 519-2213

    174 Total Sales

    Tracy Duggan
    Section Image

  • E

    Buyer's Agent in 2019

    Erica Reed

    Crye-Leike

    17 Total Sales

    Erica Reed
    Section Image

  • K

    Seller's Agent in 2014

    Kay Coleman Gordon

    RE/MAX

    (901) 870-7253

    7 Total Sales

    Kay Coleman Gordon
    Section Image
  • Vicki Gandee

    Buyer's Agent in 2014

    Vicki Gandee

    Crye-Leike

    (901) 412-2691

    1 in this area

    64 Total Sales

    Vicki Gandee
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10062585

Memphis Area Association of REALTORS®

APN: 08-1004-A0-0255

Tennessee Shelby County Memphis 38119 Kirby Woods

5907 Park Ave Unit 5907, Memphis, TN

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