NOT LISTED FOR SALE

325 Mulberry St Unit 102 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $304,000 - $382,000

2 Beds
2.5 Baths
1,600-1,799 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $360,000 $200 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,034/month

5 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Whirlpool Bathtub
  • Updated Kitchen
  • Soft Contemporary Architecture
  • 3-minute walk to MLK Reflection Park

About This Home

As of September 2022

LOCATION LOCATION LOCATION! Very Nice Well Maintained Condo in The South Main District of Downtown. Walking distance from restaurants & entertainment. Gated Spacious 2 Car attached Garage with a Large Storage room. Nice Inviting Entry on First Level. Private Screened in Balcony Perfect for Morning Coffee or Evening Sunsets. Refreshed Kitchen with Granite countertops & Stainless Steel Appliances. Luxury Primary Bath with Separate Tub & Shower. Smooth Ceilings & Hardwood Floors Throughout.

Last Agent to Sell the Property

Houston Richmond

C21 Patterson & Assoc. Real Es License #325750 Listed on: 08/26/2022

C21 Patterson & Assoc. Real Es

Last Buyer's Agent

Chris Garland

Crye-Leike, Inc., REALTORS License #232993

Crye-Leike, Inc., REALTORS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2004

Lot Details

  • 958

Home Design

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

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,605 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Screened Porch
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Security Gate
  • Iron Doors

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002122 B00002

Community Details

Overview

  • Property has a Home Owners Association
  • $175 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, exterior insurance, reserve fund
  • Vance Station Condos Community
  • Vance Station Condominiums Subdivision
  • Planned Unit Development

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Town House
  • Cross Street: Vance
  • MLS Map #: 745A
  • MAAR Subdivision Name: VANCE STATION CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 224
  • Number Of Stories: 2
  • Price Per Sq Ft: 224.3
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1605
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Split Bedroom Plan, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, 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, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s), Monitored Alarm
  • Other Rooms: Laundry Closet, Entry Hall, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • 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, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Water/Sewer, Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Reserve Fund
  • Condominium Association: Yes
  • Condominium Name: Vance Station Condos
  • Management Company: Self

Fee Information

  • Monthly Maintenance Fee: 175

Lot Info

  • Lot Number: UNIT 102

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002122 B00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 16, 2022
Sold by
Suezella Purnell
Bought by
Tcb Memphis Llc
Seller's Agent
Houston Richmond
C21 Patterson & Assoc. Real Es
Buyer's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Views
70
Current Estimated Value
$336,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,644
Avg. Annual Appreciation
-1.89%

Purchase Details

Listed on
Aug 31, 2018
Closed on
Feb 20, 2019
Sold by
Savage Shawn M and Savage Megane C
Bought by
Purnell Suezella
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Houston Richmond
C21 Patterson & Assoc. Real Es
List Price
$265,000
Sold Price
$247,000
Premium/Discount to List
-$18,000
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$234,650
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Estate Of Paula S Moffett
Bought by
Savage Shawn M and Savage Megane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Resurgam Exchange Llc
Bought by
Bozeman Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Tcb Memphis Llc $360,000 Executive Title & Closing
Purnell Suezella $247,000 None Available
Savage Shawn M $175,000 None Available
Bozeman Paula $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purnell Suezella $234,650
Previous Owner Savage Shawn M $132,800
Previous Owner Savage Shawn M $140,000
Previous Owner Bozeman Paula $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $360,000 0.0% $225 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $359,900 +45.7% $225 / Sq Ft
02/20/2019 02/20/19 Sold $247,000 -0.8% $154 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/10/2019 01/10/19 Price Changed $249,000 -3.9% $156 / Sq Ft
09/12/2018 09/12/18 Price Changed $259,000 -2.3% $162 / Sq Ft
08/31/2018 08/31/18 For Sale $265,000 -- $166 / 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 -- $90,825 $3,575 $87,250
2024 $2,116 $62,425 $3,575 $58,850
2023 $3,803 $62,425 $3,575 $58,850
2022 $3,803 $62,425 $3,575 $58,850
2021 $3,847 $62,425 $3,575 $58,850
2020 $3,127 $43,150 $3,575 $39,575
2019 $1,379 $43,150 $3,575 $39,575
2018 $1,379 $43,150 $3,575 $39,575
2017 $1,412 $43,150 $3,575 $39,575
2016 $1,857 $42,500 $0 $0
2014 $1,857 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132106

Memphis Area Association of REALTORS®

APN: 00-2122-B0-0002