1 month on rocket

5841 Park Ave Unit 1, Memphis, TN, 38119

$168,000

Home List Price

$1,995*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse

Location

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5841 Park Ave Unit 1, Memphis$168,000

Buyer Closing Credits

$1,995*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingUnassigned Parking
Year Built1969
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Other
BasementYes
ViewOther
MLS #10185002
Lot Size0.05 Acres
StatusActive

About 5841 Park Ave Unit 1

This renovated END Unit East Memphis condo is the one that you've been looking for. Two-story unit means no neighbors above you walking and jumping around while you are trying to sleep. Relax in the rear fenced in patio or take a stroll in the green space around the outside. Spacious updated kitchen with granite counter tops, tile floors and recessed lights. Large living room with half bath downstairs. Upstairs is the primary and second bedroom. Full-size washer and dryer in the upstairs laundry closet will remain with the home. The gated complex features a community pool and common rooms. Seller willing to sell the unit furnished; call listing agent for details. Listing agent related to the Seller.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1969
  • Stories: 2

Listing Office:

  • Office Name: Weichert, REALTORS-BenchMark

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling, Sprayed Ceiling
  • Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wrought Iron Security Drs, Patio, Deck, Courtyard, Wood Fence, Sidewalks

Parking Information:

  • Parking: Unassigned Parking

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: West on Park from Ridgeway past St. Francis Hospital. Turn left into Chatham Village at the gate and veer right. Condo is the end unit by Lynnfield.

Price Information

Listing Price Info

Price Summary:

  • List Price: $168,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$183K

# of Sold Homes

362

5841 Park Ave Unit 1 vs Memphis

36 DAYS ON ROCKET

$168,000

-$15K Less

KEY TAKEAWAY

This property is $15K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10185002

Listing Office:

  • Office Name: Weichert, REALTORS-BenchMark

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: 12/18/2024, 2:20:52 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

$906

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$570

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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-4321608
7
/10
  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 1.18 miles

  • Public District Grades PK-5

school-card-donut-4321609
5
/10
  • Balmoral-Ridgeway Elementary School

  • 5905 Grosvenor Ave

  • 1.38 miles

  • Public Magnet Grades KG-5

school-card-donut-4321610
5
/10
  • Fox Meadows Elementary School

  • 2960 Emerald St

  • 2.26 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,352. Typical income of Memphis, TN residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Memphis, TN.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

What is it like to live in Memphis, TN?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Is it easy to get around Memphis, TN without a car?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Transportation in Memphis, TN.

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 5841 Park Ave Unit 1

What is the listing price of this property?

The listing price of 5841 Park Ave Unit 1 property is $168,000.

What type of property is this?

The property 5841 Park Ave Unit 1 is a townhouse located in Memphis, Tennessee, 38119.

Is this property for sale now?

Active Listing: 5841 Park Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5841 Park Ave Unit 1 has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5841 Park Ave Unit 1 is 1969.

Rocket Homes›Tennessee›Shelby County›Memphis›38119›5841 Park Ave Unit 1

This home is located at 5841 Park Ave Unit 1 in Memphis, TN and zip code 38119. This home, which was built in 1969, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $168,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. The number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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