NOT LISTED FOR SALE

10 N Main St Unit 701 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $197,000 - $230,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
174 Sq Ft Lot

Last Sold August 16, 2023

Last sale price $225,000 $161 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,283/month

74 Days on Market

Highlights

  • Water Views
  • Traditional Architecture
  • Brick Veneer
  • Deck
  • Wood Flooring
  • 1-minute walk to Court Square

About This Home

As of August 2023

Spectacular Views! This amazing condo is in the Historic D.T. Porter Building in the heart of Downtown. Secure entry. 12 Ft Ceilings, large living room and dining room with gleaming hardwood floors ,oversized windows looking out on Main Street Mall and Court Square. Kitchen has tons of cabinet space, granite counter tops and SS appliances. Fantastic views from Master suite & 2nd bedroom, large laundry closet. New Carpet. Rooftop Terrace overlooking the river.(No short term rentals)

Last Agent to Sell the Property

Helen Akin

Crye-Leike, Inc., REALTORS License #275312 Listed on: 06/01/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Mike Ward

Crye-Leike, Inc., REALTORS License #323054

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1903

Lot Details

  • 174

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Water Views
  • Termite Clearance
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Site Parking for Rent
  • On-Street Parking

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $486 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, exterior insurance
  • High-Rise Condominium
  • Porter Building Community
  • D T Porter Building Condos Second Amend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002015 A00014

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,599

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • Cross Street: Court
  • MAAR Subdivision Name: PORTER BUILDING CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1344
  • Termite Contract: Yes
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, LR/DR Combination, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Rent Parking Space, On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water

Association/Amenities

  • Condo Amenities: Water View
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Porter Building

Fee Information

  • Monthly Maintenance Fee: 486

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 7A

Tax Info

  • Assessor Parcel Number: 002015 A00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 12, 2020
Sold by
Dixon Christina
Bought by
Miller Roger and Miller Debora
Seller's Agent
Stephen Mansour
REMAX Experts
Buyer's Agent
Helen Akin
Crye-Leike, Inc., REALTORS
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$219,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,858
Avg. Annual Appreciation
-0.84%

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 15, 2016
Sold by
Tri State Bank Of Memphis
Bought by
Dixon Christina
Seller's Agent
Alicia Willis
Community Realty, Inc.
Buyer's Agent
Stephen Mansour
KAIZEN Realty, LLC
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$128,250
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2008
Sold by
Banks Janice
Bought by
Tri State Bank Of Memphis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2006
Sold by
Ferreira Robert and Ferreira Stephanie
Bought by
Banks Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Federal National Mortgage Association
Bought by
Ferreira Robert and Ferreira Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Chapple Barbara J
Bought by
Federal National Mortgage Association and First Tennessee Home Loans

Purchase Details

Closed on
Mar 14, 1995
Bought by
Chapple Barbara J
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
Miller Roger $230,000 Saddle Creek Title Llc
Dixon Christina $135,000 Saddle Creek Title
Tri State Bank Of Memphis $140,000 None Available
Banks Janice $244,000 West Tennessee Title
Ferreira Robert $142,900 Community Equity & Title
Federal National Mortgage Association $134,021 --
Chapple Barbara J $77,936 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Christina $128,250
Previous Owner Banks Janice $40,000
Previous Owner Banks Janice $206,200
Previous Owner Banks Janice $195,200
Previous Owner Banks Janice $48,800
Previous Owner Ferreira Robert $171,200
Previous Owner Ferreira Robert $142,900
Previous Owner Chapple Barbara J $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2023 08/16/23 Sold $225,000 -2.1% $188 / Sq Ft
08/01/2023 08/01/23 Price Changed $229,900 -2.1% $192 / Sq Ft
07/17/2023 07/17/23 Price Changed $234,900 -2.1% $196 / Sq Ft
07/03/2023 07/03/23 Price Changed $239,900 -4.0% $200 / Sq Ft
06/01/2023 06/01/23 For Sale $249,900 +8.7% $208 / Sq Ft
03/12/2020 03/12/20 Sold $230,000 -8.0% $192 / Sq Ft View Prior Sale
02/07/2020 02/07/20 For Sale $249,900 +85.1% $208 / Sq Ft
06/14/2016 06/14/16 Sold $135,000 +3.8% $113 / Sq Ft View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
04/28/2015 04/28/15 For Sale $130,000 -- $108 / 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 -- $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

  • Helen Akin

    Seller's Agent in 2023

    Helen Akin

    Crye-Leike

    (901) 240-3912

    2 in this area

    33 Total Sales

    Helen Akin
    Section Image
  • Mike Ward

    Buyer's Agent in 2023

    Mike Ward

    Crye-Leike

    (901) 277-3869

    1 in this area

    106 Total Sales

    Mike Ward
    Section Image
  • Stephen Mansour

    Seller's Agent in 2020

    Stephen Mansour

    RE/MAX

    (901) 239-6326

    100 Total Sales

    Stephen Mansour
    Section Image

  • A

    Seller's Agent in 2016

    Alicia Willis

    Community Realty, Inc.

    (901) 272-0130

    3 Total Sales

    Alicia Willis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149205

Memphis Area Association of REALTORS®

APN: 00-2015-A0-0014

Tennessee Shelby County Memphis 38103 Downtown Memphis

10 N Main St Unit 701, Memphis, TN

Not Listed for Sale

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