$135,000
SOLD JUN 14, 2016
2 Beds
2 Baths
1,200-1,399 Sq Ft
174 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

4% Above List Price

Highlights

  • Deck
  • Wood Flooring
  • Remodeled Bathroom
  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-minute walk to Court Square

About This Home

As of August 2023

Wonderful opportunity in Historic Porter Building. Open floor plan with oversized windows and exposed brick wall. Overlooks Main St. mall and Court Square. River view from large, popular roof top deck. Bank foreclosure, needs some TLC. Reduced price!

Last Agent to Sell the Property

Alicia Willis

Community Realty, Inc. License #241681 Listed on: 04/28/2015

Last Buyer's Agent

Stephen Mansour

KAIZEN Realty, LLC License #285059

KAIZEN Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1903

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,344 Sq Ft Home
  • 1-Story Property

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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
  • $412 Maintenance Fee
  • 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)
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: PORTER BUILDING CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 97
  • Number Of Stories: 1
  • Price Per Sq Ft: 100.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1344
  • Year Built: 1903
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Continuous Cleaning Oven, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, LR/DR Combination
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Porter Building

Fee Information

  • Monthly Maintenance Fee: 412

Lot Info

  • Lot Number: UNIT 7A

Multi Family

  • Number Of Rooms: 5

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
$224,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,358
Avg. Annual Appreciation
-0.42%

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:

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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 Type Sale Price Title Company
Warranty Deed $230,000 Saddle Creek Title Llc
Special Warranty Deed $135,000 Saddle Creek Title
Trustee Deed $140,000 None Available
Warranty Deed $244,000 West Tennessee Title
Special Warranty Deed $142,900 Community Equity & Title
Trustee Deed $134,021 --
Deed $77,936 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,250 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $206,200 Unknown
Previous Owner $195,200 Purchase Money Mortgage
Previous Owner $48,800 Stand Alone Second
Previous Owner $171,200 Fannie Mae Freddie Mac
Previous Owner $142,900 Purchase Money Mortgage
Previous Owner $125,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9966192

Memphis Area Association of REALTORS®

APN: 00-2015-A0-0014