NOT LISTED FOR SALE

123 S Court Ave Unit 601 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $317,715 - $410,000

1 Bed
2 Baths
2,400-2,599 Sq Ft
2,178 Sq Ft Lot

Last Sold September 25, 2023

Last sale price $380,000 $146 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,120/month

21 Days on Market

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Two Primary Bathrooms
  • Sitting Area In Primary Bedroom
  • 0.05 Acre Lot
  • 2-minute walk to Court Square

About This Home

As of September 2023

Downtown Memphis 2400 sqft "Fully Furnished" Penthouse Suite overlooking Historic Court Square; w/ access to roof top. Panoramic view (north,west,south). 12 ft ceilings w/ wall(s) of windows! Open floor plan! Upscale Viking appliances, granite, ss countertops, original hardwood floors throughout. 2 bed unit was converted to 1 Executive primary suite; w/ 2 full bathrooms this unit could be return to 2 bedrooms easily. Laundry room, storage. *Secure access w/ elevator that opens into each condo.

Last Agent to Sell the Property

Todd Adams

Keller Williams License #332950 Listed on: 07/29/2023

Keller Williams

Last Buyer's Agent

Pam Beall

Crye-Leike, Inc., REALTORS License #292580

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1913

Lot Details

  • Landscaped Professionally
  • Wooded Lot
  • Few Trees

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Soft Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,412 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Loft
  • Keeping Room
  • Wood Flooring
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Iron Doors

Parking

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

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Outdoor Gas Grill

Location

  • Upper Level
  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002016 A00006

Community Details

Overview

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Association fees include exterior maintenance, exterior insurance, reserve fund, pest control contract
  • Mid-Rise Condominium
  • Court Square Community
  • 123 South Court Condominiums Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,389

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional, Soft Contemporary, Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories), Upstairs - Flat
  • Cross Street: 2nd Street
  • MLS Map #: 745A
  • MAAR Subdivision Name: 123 SOUTH COURT CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 157.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2412
  • Year Built: 1913
  • List Price/ Sq Ft: 161
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Security System, Smoke Detector(s), Monitored Alarm, Elevator
  • Other Rooms: Laundry Closet, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Separate His/ Her Baths, Dressing Area, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Gas Grill, Deck, Historic District, Courtyard, Balcony, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Exterior Maintenance, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Court Square

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Description: Wooded, Some Trees, Level, Professionally Landscaped
  • Lot Number: UNIT 601
  • Acreage: 0.05
  • Lot Size: .05
  • Price Per Acre: 7780000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002016 A00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 25, 2023
Sold by
Jody L Alford Revocable Trust
Bought by
Lemanski Margaret
Seller's Agent
Todd Adams
Keller Williams
Buyer's Agent
Pam Beall
Crye-Leike, Inc., REALTORS
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%
Views
179
Current Estimated Value
$352,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,321
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Mar 17, 2016
Sold by
Alford Jody and Alford Jody L
Bought by
Alford Jody L and Jody L Alford Revocable Trust

Purchase Details

Closed on
Nov 15, 2007
Sold by
123 S Court Llc
Bought by
Alford Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2007
Sold by
Memphis Center City Revenue Finance Corp
Bought by
123 S Court Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lemanski Margaret $380,000 Executive Title & Closing
Alford Jody L -- None Available
Alford Jody $375,000 Realty Title
123 S Court Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alford Jody L $50,000
Previous Owner Alford Jody $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $380,000 -2.3% $158 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $389,000 -- $162 / 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 $2,389 $94,675 $2,875 $91,800
2024 -- $70,475 $2,875 $67,600
2023 $4,293 $70,475 $2,875 $67,600
2022 $4,293 $70,475 $2,875 $67,600
2021 $4,343 $70,475 $2,875 $67,600
2020 $4,348 $60,000 $2,875 $57,125
2019 $4,348 $60,000 $2,875 $57,125
2018 $4,348 $60,000 $2,875 $57,125
2017 $2,466 $60,000 $2,875 $57,125
2016 $2,895 $66,250 $0 $0
2014 $2,895 $66,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Adams

    Seller's Agent in 2023

    Todd Adams

    Keller Williams

    (901) 870-7633

    2 in this area

    119 Total Sales

    Todd Adams
    Section Image
  • Pam Beall

    Buyer's Agent in 2023

    Pam Beall

    Crye-Leike

    (901) 647-2101

    35 in this area

    140 Total Sales

    Pam Beall
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153292

Memphis Area Association of REALTORS®

APN: 00-2016-A0-0006

Tennessee Shelby County Memphis 38103 Downtown Memphis

123 S Court Ave Unit 601, Memphis, TN

This home is located at 123 S Court Ave Unit 601, Memphis, TN 38103 since 29 July 2023 and is currently estimated at $352,679, approximately $135 per square foot. This property was built in 1913. 123 S Court Ave Unit 601 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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