Briscoe Ellett III

5583 Gates Cv

Memphis, TN
$ 42,500 Beds 2 Baths 2.5 Sq 1,431
Monthly Estimate* How much can I afford?

Nice 2 bedroom 2.5 bathroom condo in Fox Meadows area that is priced to sell! THIS PROPERTY COULD EASILY BE CONVERTED TO A 3 BEDROOM! ONLINE VIDEO AVAILABLE UPON REQUEST. This property has several nice features including an OPEN FLOOR PLAN (Perfect for entertaining), covered parking, durable vinyl plank flooring, nice light fixtures, tile backsplash in kitchen, fenced backyard, etc. Current bedroom sizes are huge with multiple closets and upstairs you could turn 2nd bedroom in to two smaller bedrooms. Property has a monthly HOA fee of $210 monthly. Property could be a great primary residence or investment property. Plenty of common area parking and the complex has a security gate. No blind offers (please do all inspections up front). Cash offers only, no wholesalers or assignments. No owner financing.

Single Family

  • Price
  • $ 42,500
  • City
  • Memphis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Fox Meadows
  • Lot Size
  • 0.22 Acres
  • Zip
  • 38115
  • Sqr Footage
  • 1,431
  • Year Built
  • 1973
  • Taxes
  • $ 551
  • Style
  • Traditional
  • MLS#
  • 10227502
Listed By: Crye-Leike, Inc., REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Fireplaces 1
Status Active
Full Baths 2
Half Baths 1
Legal Subdivision Name CLARKE ADDRESS CONDOMINIUMS THE 1ST AMEN
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 784B
Unit Number 44
Parcel Number 074089 C00044
Annual Association Fee 2520
Status Active
Annual City Tax 270
Annual County Tax 281
Sale/Rent For Sale
Neighborhood Amenities Other (See Remarks)
Area Fox Meadows
Service Type Full Service Listing
Neighborhood Association Mandatory
Year Built 1973
Directions Take Mt. Moriah to Clarke road. Enter through the side entrance.
City Memphis
DOM 52

Interior Features

Living Room Eat-In Kitchen,LR/DR Combination,Updated/Renovated Kitchen
Beds 2
Total Baths 2.1
Fireplace In Den/Great Room
Number of Rooms 5
FLOORS/CEILINGS Tile,Wood Laminate Floors
Condo Amenities Other (See REMARKS)
BEDROOM 2 DESCRIPTION Level 2,Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot UNIT 44
Lot Size Area 0.22
Lot Size 80X120
Parking Display C1D
Lot Description Some Trees
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Vinyl Siding
Misc. Exterior Porch,Wood Fence

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/3/2026 Listed $59,900
8/10/2026 17% - $49,900
8/24/2026 5% - $47,500
9/3/2026 6% - $45,000
9/17/2026 6% - $42,500

Property vs Zip Code Average in 38115

Price
AVG $180K
$40K
Taxes
AVG $7,740
$551
Year Built
AVG 1977
1973
Visits
AVG 64
6
Data Provided by Inside Real Estate®

Areas That We Cover

5583 Gates Cv Memphis, TN is a Single Family Home for sale at $42500 with 1431 sqft and a lot size of 0.22 Acres Acre(s). 5583 Gates Cv Memphis has 2 bedrooms, 2 baths and was built in 1973. The property's zip code is 38115 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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