NOT LISTED FOR SALE

10 N Main St Unit 602 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $126,669 - $211,000

1 Bed
1 Bath
100-999 Sq Ft
87 Sq Ft Lot

Last Sold December 12, 2018

Last sale price $125,000 $125 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $897/month

6 Days on Market

Highlights

  • The property is located in a historic district
  • Corner Lot
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Some Wood Windows
  • 1-minute walk to Court Square

About This Home

As of December 2018

Rare opportunity to live in the Historic D.T. Porter Building filled with history & charm. The building was the 1st skyscraper in Memphis & had the 1st elevators in the county available to ride for a dime. Sip coffee on the double deck rooftop with panoramic views. 2 units per floor. Bath & kitchen upgrades as well as beautiful built in bookcases, exposed brick & large windows overlooking Main Street. Parks, restaurants & entertainment all within a short walk. You'll love living here. No rentals

Last Agent to Sell the Property

Nancy Agee

KAIZEN Realty, LLC License #299217 Listed on: 11/01/2018

KAIZEN Realty, LLC

Last Buyer's Agent

Marty Smith

Coldwell Banker Collins-Maury License #294696

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1895

Lot Details

  • 87

Parking

  • On-Street Parking

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 100-999 Sq Ft Home
  • 688 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002015 A00013

Community Details

Overview

  • Property has a Home Owners Association
  • $219 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • High-Rise Condominium
  • Porter Building Hoa Community
  • D T Porter Building Condos Second Amend Subdivision

Amenities

  • Trash Chute

Pet Policy

  • No Pets Allowed

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,018

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Court
  • MAAR Subdivision Name: PORTER BUILDING CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 182
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 688
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Cat/Dog Free House, 2 or More Elevators, Trash Chute
  • P R I M A R Y B E D R O O M: Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Historic District, Sidewalks
  • Exterior Windows: Stone, Wood Window(s)

Garage/Parking

  • Parking Storage: On-Street Parking

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Electric
  • Security: Fire Alarm, Smoke Detector(s), Limited Access
  • Water Sewer: Electric Water Heater

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 219

Lot Info

  • Lot Description: Corner
  • Lot Number: UNIT 6B

Tax Info

  • Assessor Parcel Number: 002015 A00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 11, 2018
Sold by
Oyler Nicholas and Oyler Maria
Bought by
Delery Lauren J
Seller's Agent
Nancy Agee
KAIZEN Realty, LLC
Buyer's Agent
Marty Smith
Coldwell Banker Collins-Maury
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$154,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,917
Avg. Annual Appreciation
3.11%
Original Mortgage
$118,750
Outstanding Balance
$104,425
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$50,492

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jul 31, 2014
Sold by
Reviere Robin Anne
Bought by
Oyler Nicholas and Oyler Maria
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Stephanie Cobb
Bridge Realty Memphis
List Price
$119,000
Sold Price
$95,000
Premium/Discount to List
-$24,000
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$85,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2013
Sold by
Reviere Herman L and Reviere Peggy S
Bought by
Reviere Robin Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,667
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2013
Sold by
Halliburton Jack L
Bought by
Reviere Herman L and Reviere Peggy S

Purchase Details

Closed on
Oct 23, 2001
Sold by
Reviere Herman L and Reviere Peggy S
Bought by
Mccormick Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1993
Sold by
Reviere Sherrin K
Bought by
Reviere Herman L and Reviere Peggy S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Delery Lauren J $125,000 Realty Title
Oyler Nicholas $95,000 Title Assurance & Escrow Inc
Reviere Robin Anne $75,000 None Available
Reviere Herman L $1,441 None Available
Mccormick Robert T $85,000 Southern Escrow Title Compan
Mccormick Robert T $85,000 Southern Escrow Title Compan
Reviere Herman L -- Southern Escrow Title Compan
Reviere Herman L -- Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delery Lauren J $118,750
Previous Owner Oyler Nicholas $85,500
Previous Owner Reviere Robin Anne $61,667
Previous Owner Mccormick Robert T $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2018 12/12/18 Sold $125,000 0.0% $1,250 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $125,000 +31.6% $1,250 / Sq Ft
08/12/2014 08/12/14 Sold $95,000 -20.2% $138 / Sq Ft View Prior Sale
08/11/2014 08/11/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $119,000 -- $173 / 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 $1,018 $35,375 $550 $34,825
2024 $1,018 $30,025 $550 $29,475
2023 $1,829 $30,025 $550 $29,475
2022 $1,829 $30,025 $550 $29,475
2021 $1,036 $30,025 $550 $29,475
2020 $1,788 $24,675 $550 $24,125
2019 $789 $24,675 $550 $24,125
2018 $789 $24,675 $550 $24,125
2017 $807 $24,675 $550 $24,125
2016 $985 $22,550 $0 $0
2014 $985 $22,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Agee

    Seller's Agent in 2018

    Nancy Agee

    KAIZEN Realty, LLC

    (901) 338-4247

    9 Total Sales

    Nancy Agee
    Section Image
  • Marty Smith

    Buyer's Agent in 2018

    Marty Smith

    Coldwell Banker Collins-Maury

    (901) 674-1031

    29 Total Sales

    Marty Smith
    Section Image
  • Richard Travers

    Seller's Agent in 2014

    Richard Travers

    Crye-Leike

    (901) 218-3961

    11 in this area

    193 Total Sales

    Richard Travers
    Section Image

  • S

    Buyer's Agent in 2014

    Stephanie Cobb

    Bridge Realty Memphis

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10040041

Memphis Area Association of REALTORS®

APN: 00-2015-A0-0013

Tennessee Shelby County Memphis 38103 Downtown Memphis

10 N Main St Unit 602, Memphis, TN

Not Listed for Sale

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