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5400 Park Ave Unit 213, Memphis, TN, 38119

$355,000

Home List Price

$4,216*

Closing Credit

2 Bedrooms
2 Full Baths
Townhouse

Location

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5400 Park Ave Unit 213, Memphis$355,000

Buyer Closing Credits

$4,216*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking, Carport
Year Built1987
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air
BasementYes
WaterfrontPond, Waterfront
ViewOther, Water
MLS #10183498
Lot Size5.50 Acres
StatusActive

About 5400 Park Ave Unit 213

Experience convenience and elegance at The Monarch, a sought-after luxury condominium in the heart of East Memphis. End unit, 2 bedroom, 2 bath condo on the second floor - a rarity with a spacious, open floorplan, 9-foot smooth ceilings, beautifully renovated kitchen w/ breakfast bar, DR, LR, & updated bathrooms, all complemented by stunning crown molding. The large primary suite features a walk-in shower, large walk-in closet, & windows overlooking the pool and professionally landscaped grounds. Enjoy top-tier amenities, including a gated entrance, monitored security, a chic lobby, and fabulous shared spaces like the Pauline Dining Room & Living Room. Stay active in the workout facility and/or outside on the pickleball/tennis court. Enjoy relaxing in the library, around the covered patio, or in the swimming pool area. Plus, there's even a guest suite for your visitors to enjoy. Live a carefree lifestyle full of luxury and convenience at The Monarch. Don't miss this rare opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1987
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House, Smoke Detector(s), Elevator, 2 or More Elevators, Trash Chute

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Pond, Waterfront
  • View: Other, Water
  • Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Porch, Patio, Tennis Court, Courtyard, Well Landscaped Grounds, Brick or Stone Fence, Pet Area, Sidewalks

Parking Information:

  • Parking: Gated Parking, Gate Clickers, Assigned Parking, Designated Guest Parking, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Views, Landscaped, Fencing
  • Lot Size: 5.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Traveling east on Park Ave, The Monarch Condominiums is on the left past Estate. Gated four story building with fountain in the front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $355,000
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Housing Market Comparison

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

5400 Park Ave Unit 213 vs Memphis

34 DAYS ON ROCKET

$355,000

+$164.5K More

KEY TAKEAWAY

This property is $164.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183498

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,839

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-245264
7
/10

  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-245265
5
/10

  • Balmoral-Ridgeway Elementary School

  • 5905 Grosvenor Ave

  • 1.80 miles

  • Public Magnet Grades KG-5

school-card-donut-245266
4
/10

  • Willow Oaks Elementary School

  • 4417 Willow Rd

  • 2.27 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,391. Residents of Memphis, TN typically earn between $100k-200k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5400 Park Ave Unit 213

What is the listing price of this property?

The listing price of 5400 Park Ave Unit 213 property is $355,000.

What type of property is this?

The property 5400 Park Ave Unit 213 is a townhouse located in Memphis, Tennessee, 38119.

Is this property for sale now?

Active Listing: 5400 Park Ave Unit 213 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5400 Park Ave Unit 213 has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 5400 Park Ave Unit 213 is 1987.

Rocket Homes›Tennessee›Shelby County›Memphis›38119›5400 Park Ave Unit 213

This home is located at 5400 Park Ave Unit 213 in Memphis, TN and zip code 38119 in the Sea Isle Park neighborhood. This home, which was built in 1987, sits on a 5.50 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $355,000.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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