NOT LISTED FOR SALE

325 Mulberry St Unit 103 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $287,911 - $388,000

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

Last Sold April 11, 2018

Last sale price $261,500 $145 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,990/month

12 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Whirlpool Bathtub
  • Updated Kitchen
  • Soft Contemporary Architecture
  • 3-minute walk to MLK Reflection Park

About This Home

As of April 2018

Ultra Cool Condo that feels like you are in a single family home. Super Low HOA fees! 2 Car attached Garage, Bonus Storage room, Inviting entry w/huge coat closet, Private Screened Balcony w/views of City Lights, Entire home wired with Speakers & Cameras, Wired for Eco Thermostat, Super Sleek Kitchen w/Farm sink and Gas cooking, Nice size Pantry, Double Closets in Master, Luxury Master Bath with Sep Tub and Shower plus dual extra long vanity with linen storage, Walkin Closet in Guest. Perfect!

Last Agent to Sell the Property

Tracie Gaia

BHHS McLemore & Co., Realty License #272321 Listed on: 02/21/2018

BHHS McLemore & Co., Realty

Last Buyer's Agent

Houston Richmond

C21 Patterson & Assoc. Real Es License #325750

C21 Patterson & Assoc. Real Es

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 2005

Lot Details

  • 958

Home Design

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

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,710 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Dining Room
  • Den
  • Storage Room
  • Laundry closet
  • Iron Doors

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • 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

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Outdoor Features

  • Enclosed Balcony
  • Outdoor Storage

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002122 B00003

Community Details

Overview

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, exterior insurance, reserve fund
  • 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

$2,181

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • Cross Street: South Main
  • MLS Map #: 745A
  • MAAR Subdivision Name: VANCE STATION CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 152
  • Number Of Stories: 2
  • Price Per Sq Ft: 152.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1710
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Second Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Luxury Primary Bath, Double Vanity Bath, 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, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • 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, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District, Enclosed Balcony, Storage, Sidewalks
  • 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: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Back-Load Garage, On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: 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
  • Management Company: self

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 103

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002122 B00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 11, 2018
Sold by
Shapley Ronald T
Bought by
Dunn Chasnel
Seller's Agent
Tracie Gaia
BHHS McLemore & Co., Realty
Buyer's Agent
Houston Richmond
C21 Patterson & Assoc. Real Es
List Price
$259,900
Sold Price
$261,500
Premium/Discount to List
$1,600
0.62%
Current Estimated Value
$332,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,978
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Dec 3, 2004
Sold by
Resurgam Exchange Llc
Bought by
Shapley Roland T and Shapley Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dunn Chasnel $261,500 Mid South Title Services Llc
Shapley Roland T $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Chanel $245,500
Previous Owner Shapley Roland T $47,500
Previous Owner Shapley Roland T $50,000
Previous Owner Shapley Roland T $200,000
Closed Shapley Roland T $24,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $261,500 +0.6% $163 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $259,900 -- $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 $2,181 $78,825 $3,575 $75,250
2024 $2,181 $64,350 $3,575 $60,775
2023 $3,920 $64,350 $3,575 $60,775
2022 $3,920 $64,350 $3,575 $60,775
2021 $3,966 $64,350 $3,575 $60,775
2020 $3,150 $43,475 $3,575 $39,900
2019 $3,150 $43,475 $3,575 $39,900
2018 $3,150 $43,475 $3,575 $39,900
2017 $1,787 $43,475 $3,575 $39,900
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: 10020919

Memphis Area Association of REALTORS®

APN: 00-2122-B0-0003