INVESTOR SPECIAL!!! REDUCED! REDUCED! REDUCED! PRICED TO SELL!!!! INCLUDED IN MAIN FEE: UNITS CLUBHOUSE, POOL, LAUNDRY, COMMON GROUNDS MAINT. WATER & SEWER, (1) COVERED PARKING, & INSURANCE. EXP PATH FINANCING AVAIL.
CondoProperty Type
1969Year Built
$53Est. Price/Sq.Ft.
1 spaceParking
Listed by Carol Tate• Tate Realty and Construction
Bought with • The Peyton Co., Inc., REALTORS
Source:Memphis Area Association of Realtors(R) MLS #3108998
Redfin Estimate
$59,436
$24K since sold in November 2023$17K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.1% lower than the average sale price ($68K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #3108998
Mar 14, 2008
Sold
$19,000
$17/sq ft
Jun 27, 2007
Listed
$19,900
$18/sq ft
INVESTOR SPECIAL!!! REDUCED! REDUCED! REDUCED! PRICED TO SELL!!!! INCLUDED IN MAIN FEE: UNITS CLUBHOUSE, POOL, LAUNDRY, COMMON GROUNDS MAINT. WATER & SEWER, (1) COVERED PARKING, & INSURANCE. EXP PATH FINANCING AVAIL.
Memphis Area Association of Realtors(R) MLS #2539178
Nov 22, 2004
Sold
$45,000
$40/sq ft
May 20, 2003
Listed
$39,000
$35/sq ft
Gated community w/ assigned covered parking, inground pool, gazebo, including the 2 huge BR/2 full BA. All offers considered. Reduced for quick sale. Will do some renovating with full price offer. Motivated seller.
Year
Property tax
Land + Additions
Assessment*
2025
$560 (+22.4%)
$700 + $9,925
$10,625
2024
$458 (+8.1%)
$700 + $9,925
$10,625
2023
$423
$700 + $6,250
$6,950
2022
$423 (−1.2%)
$700 + $6,250
$6,950
2021
$428 (+10.0%)
$700 + $6,250
$6,950
2020
$389
$700 + $6,250
$6,950
2019
$389
$700 + $4,675
$5,375
2018
$389 (+76.3%)
$700 + $4,675
$5,375
2017
$221 (+1.3%)
$700 + $4,675
$5,375
2016
$218
$700 + $4,675
$5,375
2014
$218
$600 + $4,400
$5,000
Tax history for 3256 S Mendenhall Rd Unit 2B
Year
Property tax
Land + Additions
Assessment*
2025
$560 (+22.4%)
$700 + $9,925
$10,625
2024
$458 (+8.1%)
$700 + $9,925
$10,625
2023
$423
$700 + $6,250
$6,950
2022
$423 (−1.2%)
$700 + $6,250
$6,950
2021
$428 (+10.0%)
$700 + $6,250
$6,950
2020
$389
$700 + $6,250
$6,950
2019
$389
$700 + $4,675
$5,375
2018
$389 (+76.3%)
$700 + $4,675
$5,375
2017
$221 (+1.3%)
$700 + $4,675
$5,375
2016
$218
$700 + $4,675
$5,375
2014
$218
$600 + $4,400
$5,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
CMU-1
Commercial Mixed Use-1 District
The commercial mixed use districts are intended to accommodate retail, service and commercial uses and to ensure that commercial-zoned areas are compatible with the character of existing neighborhoods. While the districts primarily accommodate commercial uses, apartments and upper-story residential are allowed in order to promote live/work and mixed use opportunities. To provide for additional housing choice, single-family detached is permitted in the CMUdistricts. The CMU districts are not intended to provide for areas exclusively dominated by any one particular use but provide for neighborhoods that successfully integrate several types of compatible uses together.; The CMU-1 District is intended to provide for neighborhood serving commercial, office, and employment uses. Residential uses are encouraged above the ground floor. Compatible nonresidential uses should be located within walking distance to the established residential neighborhoods they are designated to serve. Auto-oriented uses are not appropriate in this district. Typical retail uses vary from 1,000 to 15,000 sq ft of ground floor area.
Permitted uses
Include but are not limited to:
Convenience store
Day care facility
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Office
Medical office
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Property Information
Subdivision Name: ALDENS GATE
Living Sq. Ft: 1,120
Ground Floor Sq. Ft: 1,120
Building Sq. Ft: 1,120
# of Stories: 1
Stories Type: 1
Legal Description: .6516 INTEREST
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,887
Legal Lot Number: 2B
Municipality Name: MEMPHIS
Acres: 0.0433
Depth Footage: 36
Front Footage: 27
Zoning Code: CMU-1
County Use Description: CONDO UNIT
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,120
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1969
Year Renovated: 1984
County: Shelby County
APN: 074073 F00150
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Newberry Elementary School
Public PreK-5 • Assigned • 0.6mi
8/10
Wooddale Middle School
Charter 6-8 • Assigned • 0.5mi
5/10
Wooddale High School
Public 9-12 • Assigned • 0.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38115
Average low and high temperatures (°F)
48
30
58
37
72
50
78
58
80
63
89
72
94
76
90
71
86
67
78
56
66
49
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$57,000 – $69,000
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