NOT LISTED FOR SALE

271 S Front St Unit 201 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $397,000 - $466,748

2 Beds
2 Baths
2,000-2,199 Sq Ft
1,307 Sq Ft Lot

Last Sold August 23, 2019

Last sale price $377,000 $171 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,474/month

6 Days on Market

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Wood Flooring
  • Gated Parking
  • Contemporary Architecture
  • 2-minute walk to MLK Reflection Park

About This Home

As of August 2019

OUT OF A MOVIE SET! This is the loft you've been waiting for (technically, an upstairs flat), with exposed brick walls, exposed wood ceiling beams, original windows, PLUS new sliding glass doors inside the windows on Front St., to minimize noise & utilities. Fully renovated 2BR/2BA condo located in historic Hays Building, once a hardware business servicing the Mid-South area in the 1920's, which will soon be surrounded by the new One Beale development. 2 gated, reserved parking spaces incl.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 07/18/2019

Last Buyer's Agent

Lucy Doane

Crye-Leike, Inc., REALTORS License #251513

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1928

Lot Details

  • 1,307

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,184 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Location

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Wrought Iron Fence

Listing and Financial Details

  • Assessor Parcel Number 002098 B00001

Community Details

Overview

  • Property has a Home Owners Association
  • $165 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance
  • 4 Units
  • Hays Building Condos Community
  • Hays Bulding Condo Subdivision
  • Property managed by Self-Managed

Pet Policy

  • No Pets Allowed

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,403

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Upstairs - Flat
  • Cross Street: MLK
  • MLS Map #: 745A
  • MAAR Subdivision Name: HAYS BUILDING CONDO
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 174
  • Number Of Stories: 1
  • Price Per Sq Ft: 172.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2184
  • Year Built: 1928
  • 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, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cedar Lined Closet(s), Cat/Dog Free House, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District, Balcony, Sidewalks, Iron Fence
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Security: Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance
  • Condominium Association: Yes
  • Condominium Name: Hays Building Condos
  • Management Company: Self-Managed

Fee Information

  • Monthly Maintenance Fee: 165

Lot Info

  • Lot Description: Iron Fenced

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002098 B00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 23, 2019
Sold by
Haecker Hans R and Redecker Vanessa D
Bought by
Yadav Rahul
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Lucy Doane
Crye-Leike, Inc., REALTORS
List Price
$379,000
Sold Price
$377,000
Premium/Discount to List
-$2,000
-0.53%
Total Days on Market
6
Current Estimated Value
$428,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,583
Avg. Annual Appreciation
2.24%
Original Mortgage
$339,300
Outstanding Balance
$299,726
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$128,857

Purchase Details

Closed on
Dec 4, 2006
Sold by
Jaynes Gregory
Bought by
Redecke Vanessa D and Haecker Hans R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bartow J D
Bought by
Jaynes Gregory
Source: Public Records

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Range of Values:

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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
Yadav Rahul $377,000 Close Trak Closing & Ttl Svc
Yadav Rahul $377,000 Close Trak Closing & Ttl Svc
Redecke Vanessa D $264,000 Realty Title & Escrow
Redecke Vanessa D $264,000 Realty Title & Escrow
Jaynes Gregory $232,000 Memphis Title Company
Jaynes Gregory $232,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yadav Rahul $339,300
Previous Owner Redecke Vanessa D $180,000
Previous Owner Jaynes Gregory $332,500
Previous Owner Tregler Wayne $140,000
Previous Owner Bartow J D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $377,000 -0.5% $189 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $379,000 -- $190 / 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 $2,403 $80,850 $6,450 $74,400
2024 $2,403 $70,875 $6,450 $64,425
2023 $4,317 $70,875 $6,450 $64,425
2022 $4,317 $70,875 $6,450 $64,425
2021 $4,368 $70,875 $6,450 $64,425
2020 $4,378 $60,425 $6,450 $53,975
2019 $1,931 $60,425 $6,450 $53,975
2018 $1,931 $60,425 $6,450 $53,975
2017 $1,977 $60,425 $6,450 $53,975
2016 $2,615 $59,850 $0 $0
2014 $2,615 $59,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2019

    Mike Parker

    The Firm

    (901) 277-7275

    78 in this area

    267 Total Sales

    Mike Parker
    Section Image
  • Lucy Doane

    Buyer's Agent in 2019

    Lucy Doane

    Crye-Leike

    (901) 340-6653

    48 Total Sales

    Lucy Doane
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10057649

Memphis Area Association of REALTORS®

APN: 00-2098-B0-0001

Tennessee Shelby County Memphis 38103 South Main

271 S Front St Unit 201, Memphis, TN

This home is located at 271 S Front St Unit 201, Memphis, TN 38103 since 18 July 2019 and is currently estimated at $428,583, approximately $194 per square foot. This property was built in 1928. 271 S Front St Unit 201 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Southwest Early College High School.

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