NOT LISTED FOR SALE

364 S Front St Memphis, TN 38103

South Main Neighborhood
3 Beds
3 Baths
5,500-5,999 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: February 12, 2016

Last sale price $1,000,000 $167 Per Sq Ft

521 Days on Market

Highlights

  • Gated Parking
  • 0.13 Acre Lot
  • Wood Flooring
  • Updated Kitchen
  • Landscaped Professionally
  • 4-minute walk to Vance Park

About This Home

As of February 2016

Wonderful opportunity! Completely reno 2Story brick building w adjacent gated parking lot(75x150)*1st flr commercial OFC*2nd flr is 3BR, 3BA residence w open spacious living areas incl huge covered balcony w FP & 24x21 OFC & 30x13 Conf RM* @11,000 SF

Last Agent to Sell the Property

Barbara Cowles

Hobson, REALTORS License #200957 Listed on: 02/07/2014

Last Buyer's Agent

Barbara Cowles

Hobson, REALTORS License #200957 Listed on: 02/07/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 37.5 x150
  • Brick Fence
  • Landscaped Professionally
  • Corner Lot
  • Sprinklers on Timer

Parking

  • Gated Parking

Home Design

  • Brick Veneer
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 11,125 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Two cooling system units
  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Community Details

  • Blk.28 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002103 00010

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BLK 28
  • List Price Per Sq Ft: 99
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 11125
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Closet, Library/Study, Bonus Room, Office/Sewing Room, Entry Hall

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Covered Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Conventional, Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: 3 or More Systems

Lot Info

  • Lot Description: Corner, Professionally Landscaped, Brick/Stone Fenced
  • Lot Number: 2
  • Acreage: 0.13
  • Lot Size: 37.5 X150

Tax Info

  • Assessor Parcel Number: 002103 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 12, 2016
Sold by
Inquisitor Inc
Bought by
White Cliffs Capital Llc
Seller's Agent
Barbara Cowles
Hobson, REALTORS
Buyer's Agent
Barbara Cowles
Hobson, REALTORS
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,622
Outstanding Balance
$816,960
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2014
Sold by
Monroe Lax Debra
Bought by
Inquisitor Inc

Purchase Details

Closed on
Sep 17, 2013
Sold by
Lax Ronald L
Bought by
Lax Ronald and Ronald Lax Living Trust

Purchase Details

Closed on
Aug 30, 2010
Sold by
Memphis Center City Revenue Finance Corp
Bought by
Lax Ronald L

Purchase Details

Closed on
Jun 28, 2004
Sold by
Oswald George J and Oswald Nancy L
Bought by
Lax Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2000
Sold by
Lax Ronald L
Bought by
Memphis Center City Revenue Finance Core

Purchase Details

Closed on
Sep 27, 1999
Sold by
Nielsen Svend B and R5 Virginia
Bought by
Lax Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Source: Public Records
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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
White Cliffs Capital Llc $1,000,000 Fntg
Inquisitor Inc -- None Available
Lax Ronald -- None Available
Lax Ronald L $1,000 None Available
Lax Ronald L $100,000 --
Memphis Center City Revenue Finance Core -- --
Memphis Center City Revenue Finance Core -- --
Lax Ronald L $295,000 --
Lax Ronald L $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Cliffs Capital Llc $1,029,622
Previous Owner Lax Ronald L $120,000
Previous Owner Lax Ronald L $788,000
Previous Owner Lax Ronald L $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $1,000,000 -20.0% $182 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,250,000 -- $227 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $7,122 $257,640 $50,920 $206,720
2024 $7,122 $210,080 $36,400 $173,680
2023 $12,797 $210,080 $36,400 $173,680
2022 $12,797 $210,080 $36,400 $173,680
2021 $7,248 $210,080 $36,400 $173,680
2020 $7,446 $102,760 $36,400 $66,360
2019 $3,887 $102,760 $36,400 $66,360
2018 $3,887 $102,760 $36,400 $66,360
2017 $3,965 $102,760 $36,400 $66,360
2016 $9,219 $210,960 $0 $0
2014 $8,558 $195,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Cowles

    Seller's Agent in 2016

    Barbara Cowles

    Hobson, REALTORS

    (901) 351-2365

    8 in this area

    43 Total Sales

    Barbara Cowles
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3290142

Memphis Area Association of REALTORS®

APN: 00-2103-0-0010

Tennessee Shelby County Memphis 38103 South Main

364 S Front St, Memphis, TN

Not Listed for Sale

Detached

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