NOT LISTED FOR SALE

109 N Main St Unit 509 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $106,000 - $133,000

1 Bed
1 Bath
662 Sq Ft
44 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $124,900 $189 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $724/month

27 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Main Floor Primary Bedroom
  • Spa
  • Wood Flooring
  • 2-minute walk to The Barking Lot Dog Park

About This Home

As of January 2022

Very Nice One Bedroom Condo unit located in The Claridge House Downtown Condos. Conveniently located to just about everything in the downtown area. The property offers a roof deck, workout center, indoor pool and other amenities. Perfect for the downtown dweller or empty nester. Call for your private viewing.

Last Agent to Sell the Property

Gregory Fleming

Townsend & Fleming, Inc. License #222458 Listed on: 12/11/2021

Last Buyer's Agent

Vanessa Grandberry

New Home Realty License #293689

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $958

Year Built

  • Built in 1926

Lot Details

  • 44

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Window Treatments
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Car Detached Garage
  • Parking Garage Space

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002007 A00023

Community Details

Overview

  • Property has a Home Owners Association
  • $262 Maintenance Fee
  • Association fees include some utilities, water/sewer, management fees, parking
  • High-Rise Condominium
  • Claridge House Community
  • Claridge House The Condos 4Th Amendment Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$958

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Adams
  • MLS Map #: 745A
  • MAAR Subdivision Name: CLARIDGE HOUSE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 189
  • Number Of Stories: 1
  • Price Per Sq Ft: 188.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 662
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Pantry
  • Misc Interior: All Window Treatments
  • Total Bathrooms: 1
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio, Deck, Hot Tub
  • Exterior Windows: Brick Veneer
  • Pool Description: Neighborhood
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Limited Access, Closed Circuit TV
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room, Community Laundry
  • Condo Fees Include: Some Utilities, Water/Sewer, Management Fees, Parking
  • Condominium Association: Yes
  • Condominium Name: Claridge House
  • Neighborhood Amenities: Pool, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 262

Lot Info

  • Lot Number: UNIT 509
  • Lot Size: 101.76/23.35+78.18x88.6+61

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002007 A00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 31, 2022
Sold by
Jordan Reynolde L
Bought by
Watkins Michael
Seller's Agent
Gregory Fleming
Townsend & Fleming, Inc.
Buyer's Agent
Vanessa Grandberry
New Home Realty
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$118,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,659
Avg. Annual Appreciation
-0.79%
Original Mortgage
$124,900
Outstanding Balance
$116,729
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$4,664

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 29, 2018
Sold by
Chen Wan Chen
Bought by
Jordan Reynolde L and Carter Johnnie
Seller's Agent
Justin Lance
Keller Williams
Buyer's Agent
Gregory Fleming
Townsend & Fleming, Inc.
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$81,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 14, 2015
Sold by
Watkins Morgan and Watkins Sharon F
Bought by
Chen Wan Chen
Seller's Agent
Pam Beall
Crye-Leike, Inc., REALTORS
Buyer's Agent
Cathy Connolly
Coldwell Banker Collins-Maury
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.25%
Original Mortgage
$99,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Claridge House Llc
Bought by
Watkins Morgan and Watkins Sharon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.55%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Watkins Michael $124,900 Southern Trust Title
Jordan Reynolde L $90,000 Regency Title & Escrow Llc
Chen Wan Chen $105,000 Tri State Title
Watkins Morgan $89,000 Ltic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Michael $124,900
Previous Owner Jordan Reynolde L $81,000
Previous Owner Chen Wan Chen $99,750
Previous Owner Watkins Morgan $57,400
Previous Owner Watkins Morgan $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $124,900 0.0% $189 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $124,900 +38.8% $189 / Sq Ft
11/30/2018 11/30/18 Sold $90,000 -5.3% $900 / Sq Ft
09/12/2018 09/12/18 For Sale $95,000 -9.5% $950 / Sq Ft
05/14/2015 05/14/15 Sold $105,000 0.0% $1,050 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $105,000 -- $1,050 / 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 $958 $28,600 $375 $28,225
2024 $958 $28,250 $375 $27,875
2023 $1,721 $28,250 $375 $27,875
2022 $1,721 $28,250 $375 $27,875
2021 $975 $28,250 $375 $27,875
2020 $1,793 $24,750 $375 $24,375
2019 $791 $24,750 $375 $24,375
2018 $791 $24,750 $375 $24,375
2017 $810 $24,750 $375 $24,375
2016 $980 $22,425 $0 $0
2014 $980 $22,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gregory Fleming

    Townsend & Fleming, Inc.

    (901) 937-0916

    1 in this area

    26 Total Sales

    Gregory Fleming
    Section Image
  • Vanessa Grandberry

    Buyer's Agent in 2022

    Vanessa Grandberry

    New Home Realty

    (901) 691-9099

    1 in this area

    31 Total Sales

    Vanessa Grandberry
    Section Image

  • J

    Seller's Agent in 2018

    Justin Lance

    Keller Williams

    (877) 234-8777

    303 Total Sales

    Justin Lance
    Section Image
  • Pam Beall

    Seller's Agent in 2015

    Pam Beall

    Crye-Leike

    (901) 647-2101

    35 in this area

    140 Total Sales

    Pam Beall
    Section Image

  • C

    Buyer's Agent in 2015

    Cathy Connolly

    Coldwell Banker Collins-Maury

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114197

Memphis Area Association of REALTORS®

APN: 00-2007-A0-0023

Tennessee Shelby County Memphis 38103 Downtown Memphis

109 N Main St Unit 509, Memphis, TN

This home is located at 109 N Main St Unit 509, Memphis, TN 38103 since 11 December 2021 and is currently estimated at $118,241, approximately $178 per square foot. This property was built in 1926. 109 N Main St Unit 509 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Manassas High School.

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