NOT LISTED FOR SALE

Estimated Value: $196,000 - $224,935

2 Beds
2 Baths
1,000-1,199 Sq Ft
174 Sq Ft Lot

Last Sold March 14, 2023

Last sale price $229,000 $191 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,220/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Intercom
  • Breakfast Bar
  • Brick Veneer
  • Walk-In Closet
  • 1-minute walk to Court Square

About This Home

As of March 2023

Nice 2 br 2 ba condo on one level. Located on the 2nd floor with great views of Court Square & Main St. Trolley located just out your front door. Lg Kitchen with lots of cabinets. Laundry closet with stack washer & dryer. Lots of natural light with windows on the north & west side of the condo. 2 lg bathrooms. Only 2 units per floor. 2 elevators. 18 condo units and 3 commercial spaces. Great roof top with 2 levels with views of city and river views. Walk to restaurants, Redbirds & River.

Last Agent to Sell the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 01/26/2023

Last Buyer's Agent

Kim Golden

Mint Realty Group License #352376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1971

Lot Details

  • 174

Parking

  • On-Site Parking for Rent

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Built-Up Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,199 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring
  • Shared Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Intercom
  • Monitored

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002015 A00004

Community Details

Overview

  • Property has a Home Owners Association
  • $412 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • 18 Units
  • High-Rise Condominium
  • Porter Building Community
  • D T Porter Building Condos Second Amend Subdivision
  • Property managed by Shiloh

Amenities

  • Trash Chute

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,599

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • MAAR Subdivision Name: PORTER BUILDING CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 192
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1199
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Private Full Bath, Tile Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Intercom, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s), 2 or More Elevators, Trash Chute, Common Basement
  • Other Rooms: Laundry Closet, Entry Hall, Storage Room
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Tile Floor

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Built-Up/Flat

Garage/Parking

  • Parking Storage: Rent Parking Space

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric Heat Pump
  • Security: Fire Alarm, Monitored Alarm System, Smoke Detector(s), Limited Access
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Porter Building
  • Management Company: Shiloh

Fee Information

  • Monthly Maintenance Fee: 412

Lot Info

  • Lot Number: UNIT 2A

Tax Info

  • Assessor Parcel Number: 002015 A00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 14, 2023
Sold by
Mccall Elizabeth A
Bought by
Martin Sylvester A and Martin Michi-Marcole
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Kim Golden
Mint Realty Group
List Price
$230,000
Sold Price
$229,000
Premium/Discount to List
-$1,000
-0.43%
Views
122
Current Estimated Value
$207,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,766
Avg. Annual Appreciation
-3.58%
Original Mortgage
$171,750
Outstanding Balance
$166,162
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$41,072

Purchase Details

Closed on
May 11, 2022
Sold by
Belgravia Square Llc
Bought by
Go Grizzlies Llc

Purchase Details

Listed on
May 6, 2019
Closed on
May 31, 2019
Sold by
Myers Rufus W
Bought by
Mccall Elizabeth A
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Kendall Haney
901 Real Estate Services
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%
Original Mortgage
$193,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2000
Sold by
Lecco Kenneth R
Bought by
Myers Rufus W and Myers Dorothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
8.23%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Steve Harrell H and Steve Rebecca F
Bought by
Lecco Kenneth R

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
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Sylvester A $229,000 --
Go Grizzlies Llc -- Apperson Crump Plc
Mccall Elizabeth A $215,000 Executive Ttl & Closing Inc
Myers Rufus W $114,000 --
Myers Rufus W $114,000 --
Lecco Kenneth R $70,000 --
Lecco Kenneth R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Sylvester A $171,750
Previous Owner Mccall Elizabeth A $193,500
Previous Owner Myers Rufus W $108,300
Previous Owner Lecco Kenneth R $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $229,000 -0.4% $229 / Sq Ft
01/26/2023 01/26/23 For Sale $230,000 +7.0% $230 / Sq Ft
05/31/2019 05/31/19 Sold $215,000 0.0% $154 / Sq Ft View Prior Sale
05/06/2019 05/06/19 For Sale $215,000 -- $154 / 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 $1,599 $56,050 $1,050 $55,000
2024 $1,599 $47,175 $1,050 $46,125
2023 $2,874 $47,175 $1,050 $46,125
2022 $2,874 $47,175 $1,050 $46,125
2021 $2,907 $47,175 $1,050 $46,125
2020 $2,810 $38,775 $1,050 $37,725
2019 $1,239 $38,775 $1,050 $37,725
2018 $1,239 $38,775 $1,050 $37,725
2017 $1,269 $38,775 $1,050 $37,725
2016 $1,699 $38,875 $0 $0
2014 $1,699 $48,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141049

Memphis Area Association of REALTORS®

APN: 00-2015-A0-0004