NOT LISTED FOR SALE

5921 Park Ave Unit 3 Memphis, TN 38119

White Oak Neighborhood

Estimated Value: $153,000 - $164,402

2 Beds
1.5 Baths
1,000-1,199 Sq Ft
2,178 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $97,000 $81 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $950/month

74 Days on Market

Highlights

  • Gated Parking
  • Community Pool
  • Eat-In Kitchen
  • Traditional Architecture
  • Breakfast Room
  • Double Pane Windows

About This Home

As of August 2018

Fabulous condo in gated Chatham Village! This one is in pristine condition. Fresh paint on walls cabinets and doors, new energy efficient windows, new patio door. Carpets and tile grout professionally cleaned. Half bath has been renovated and the oven is only 1 year old. Water heater, microwave and AC all replaced within the last 3 years. All you truly have to do is move into this one! Beautiful community pool! Fantastic location close to the heart of East Memphis. Ready for immediate occupancy

Last Agent to Sell the Property

Matthew Talley

Keller Williams License #261648 Listed on: 05/09/2018

Keller Williams

Last Buyer's Agent

Linda Sowell

Sowell, Realtors License #50660

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $937

Year Built

  • Built in 1968

Lot Details

  • 2,178

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,178 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Iron Doors

Parking

  • Gated Parking
  • Unassigned Parking

Additional Features

  • Patio
  • Landscaped
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 081004 A00264

Community Details

Overview

  • Property has a Home Owners Association
  • $166 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • 4 Units
  • Chatham Village Community
  • Chatham Village Condominiums 2Nd Amend Subdivision

Recreation

  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$937

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Park Ave
  • MLS Map #: 783A
  • MAAR Subdivision Name: CHATHAM VILLAGE CONDOMINIUMS 2ND AMEND
  • Condo: Yes
  • List Price Per Sq Ft: 88
  • Number Of Stories: 2
  • Price Per Sq Ft: 82.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1178
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Pantry
  • 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, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

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

Association/Amenities

  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Chatham Village
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 166

Lot Info

  • Lot Number: UN5921-3
  • Acreage: 0.05
  • Lot Size: 779.365/783.75 X 809.345/859.26
  • Price Per Acre: 2075000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081004 A00264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Aug 31, 2018
Sold by
Abone Ryan J
Bought by
Lemly Graham M
Seller's Agent
Matthew Talley
Keller Williams
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$103,750
Sold Price
$97,000
Premium/Discount to List
-$6,750
-6.51%
Current Estimated Value
$157,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,851
Avg. Annual Appreciation
7.39%
Original Mortgage
$77,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2017
Closed on
Oct 3, 2017
Sold by
Harwell Dana N Mcwherter
Bought by
Abone Ryan J
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Mary Anne Gibson
The Firm
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$75,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Richards Mary Alice
Bought by
Mcwherter Dana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,640
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2003
Sold by
Gilluly Donna F
Bought by
Richards Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1998
Sold by
Smith Stephen D
Bought by
Gilluly Donna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
6.92%

Purchase Details

Closed on
Aug 8, 1994
Bought by
Smith Stephen D
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
Lemly Graham M $97,000 Lendserv National Title
Abone Ryan J $94,900 None Available
Mcwherter Dana N $85,100 Executive Title & Closing In
Richards Mary Alice $82,000 --
Gilluly Donna F $67,500 --
Smith Stephen D $51,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemly Graham M $77,500
Closed Lemly Graham M $77,600
Previous Owner Abone Ryan J $75,000
Previous Owner Mcwherter Dana N $84,640
Previous Owner Richards Mary Alice $49,000
Previous Owner Gilluly Donna F $66,000
Previous Owner Gilluly Donna F $47,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $97,000 -6.5% $97 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $103,750 0.0% $104 / Sq Ft
07/07/2018 07/07/18 Price Changed $103,750 +4.0% $104 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $99,750 +5.1% $100 / Sq Ft
09/29/2017 09/29/17 Sold $94,900 0.0% $95 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $94,900 -- $95 / 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

  • Matthew Talley

    Seller's Agent in 2018

    Matthew Talley

    Keller Williams

    (901) 461-4148

    63 Total Sales

    Matthew Talley
    Section Image
  • Linda Sowell

    Buyer's Agent in 2018

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    212 Total Sales

    Linda Sowell
    Section Image
  • Amanda Lott

    Seller's Agent in 2017

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    1 in this area

    362 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2017

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    1 in this area

    356 Total Sales

    Carol Lott
    Section Image

  • M

    Buyer's Agent in 2017

    Mary Anne Gibson

    The Firm

    (901) 487-0531

    41 Total Sales

    Mary Anne Gibson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10026685

Memphis Area Association of REALTORS®

APN: 08-1004-A0-0264

Tennessee Shelby County Memphis 38119 White Oak

5921 Park Ave Unit 3, Memphis, TN

This home is located at 5921 Park Ave Unit 3, Memphis, TN 38119 since 09 May 2018 and is currently estimated at $157,851, approximately $131 per square foot. This property was built in 1968. 5921 Park Ave Unit 3 is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and Ridgeway High School.

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