NOT LISTED FOR SALE

325 Mulberry St Unit 101 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $301,966 - $350,000

2 Beds
2.5 Baths
1,600-1,799 Sq Ft
958 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $292,500 $163 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,932/month

36 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • End Unit
  • Traditional Architecture
  • Whirlpool Bathtub
  • 3-minute walk to MLK Reflection Park

About This Home

As of March 2021

Ultra Cool Condo that feels like you are in a single family home. Super Low HOA fees! 2 Car attached Garage, Bonus Storage room, Private Screened Balcony, Tri-level unit, Open Kitchen layout, Nice size Pantry, Walk-in Closet in Master, Luxury Master Bath with Sep Tub and Shower plus dual extra long vanity with linen storage, Walkin Closet in Guest. Laundry area near bedrooms. Easy Walk to all Entertainment and Dining. Perfectly Located off of South Main.

Last Agent to Sell the Property

Tracie Gaia

BHHS McLemore & Co., Realty License #272321 Listed on: 01/28/2021

BHHS McLemore & Co., Realty

Last Buyer's Agent

Jeffrey Britt

REMAX Experts License #329299

REMAX Experts

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 2004

Lot Details

  • 958

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,618 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Dining Room
  • Den
  • Storage Room
  • Laundry closet
  • Iron Doors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • End Unit
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002122 B00001

Community Details

Overview

  • Property has a Home Owners Association
  • $175 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, exterior insurance
  • 4 Units
  • Mid-Rise Condominium
  • Vance Station Community
  • Vance Station Condominiums Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,144

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Vance
  • MLS Map #: 745A
  • MAAR Subdivision Name: VANCE STATION CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 195
  • Number Of Stories: 3
  • Price Per Sq Ft: 180.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1618
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Second Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Master Up, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Breakfast Bar, Pantry
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 17x15
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Other Rooms: Laundry Closet, Entry Hall, Storage Room
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Historic District, On-Site Storage
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Vance Station

Fee Information

  • Monthly Maintenance Fee: 175

Lot Info

  • Lot Description: Corner
  • Lot Number: UNIT 101

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002122 B00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 2, 2021
Sold by
Allen Derrick S
Bought by
Quinton Noah
Seller's Agent
Tracie Gaia
BHHS McLemore & Co., Realty
Buyer's Agent
Jeffrey Britt
REMAX Experts
List Price
$315,000
Sold Price
$292,500
Premium/Discount to List
-$22,500
-7.14%
Current Estimated Value
$324,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,742
Avg. Annual Appreciation
2.35%
Original Mortgage
$292,500
Outstanding Balance
$264,245
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,997

Purchase Details

Closed on
Dec 10, 2004
Sold by
Resurgam Exchange Llc
Bought by
Allen Derrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,920
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Quinton Noah $292,500 Mid South Title Services Llc
Allen Derrick S $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinton Noah $292,500
Previous Owner Allen Derrick S $77,000
Previous Owner Allen Derrick S $197,920
Closed Allen Derrick S $49,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $292,500 -7.1% $183 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $315,000 0.0% $197 / Sq Ft
10/25/2019 10/25/19 Rented $1,795 0.0% --
10/25/2019 10/25/19 Under Contract -- -- --
10/16/2019 10/16/19 Price Changed $1,795 -3.0% $1 / Sq Ft
09/13/2019 09/13/19 For Rent $1,850 -- --
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 $2,144 $79,275 $3,575 $75,700
2024 $2,144 $63,250 $3,575 $59,675
2023 $3,853 $63,250 $3,575 $59,675
2022 $3,853 $63,250 $3,575 $59,675
2021 $2,182 $63,250 $3,575 $59,675
2020 $3,167 $43,700 $3,575 $40,125
2019 $1,397 $43,700 $3,575 $40,125
2018 $1,397 $43,700 $3,575 $40,125
2017 $1,430 $43,700 $3,575 $40,125
2016 $1,857 $42,500 $0 $0
2014 $1,857 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracie Gaia

    Seller's Agent in 2021

    Tracie Gaia

    BHHS McLemore & Co., Realty

    (901) 649-6232

    15 in this area

    116 Total Sales

    Tracie Gaia
    Section Image
  • Jeffrey Britt

    Buyer's Agent in 2021

    Jeffrey Britt

    RE/MAX

    (901) 283-5198

    1 in this area

    90 Total Sales

    Jeffrey Britt
    Section Image
  • Carol Lott

    Buyer's Agent in 2019

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    43 in this area

    348 Total Sales

    Carol Lott
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092529

Memphis Area Association of REALTORS®

APN: 00-2122-B0-0001

Tennessee Shelby County Memphis 38103 South Main

325 Mulberry St Unit 101, Memphis, TN

This home is located at 325 Mulberry St Unit 101, Memphis, TN 38103 since 28 January 2021 and is currently estimated at $324,242, approximately $180 per square foot. This property was built in 2004. 325 Mulberry St Unit 101 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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