NOT LISTED FOR SALE

Estimated Value: $207,000 - $224,814

1 Bed
1 Bath
1,200-1,399 Sq Ft
1,655 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $227,500 $163 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,271/month

167 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Some Wood Windows
  • Updated Kitchen
  • Whirlpool Bathtub
  • 4-minute walk to MLK Reflection Park

About This Home

As of January 2024

This home is located at 378 S Main St Unit 1, Memphis, TN 38103 since 01 June 2023 and is currently estimated at $214,954, approximately $179 per square foot. This property was built in 1904. 378 S Main St Unit 1 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Believe Memphis Academy Charter School.

Last Agent to Sell the Property

Neal Jackson

Crye-Leike, Inc., REALTORS License #292023 Listed on: 06/01/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Neal Jackson

Crye-Leike, Inc., REALTORS License #292023 Listed on: 06/01/2023

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1904

Lot Details

  • 1,655

Home Design

  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,394 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Shared Basement

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Sitting Area In Primary Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Home Security

Parking

  • 1 Covered Space
  • Parking Lot
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 002118 A00001

Community Details

Overview

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • South Main Condominimums Subdivision

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,579

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 745A
  • MAAR Subdivision Name: 378-384 SOUTH MAIN CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 163.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1394
  • Year Built: 1904
  • List Price/ Sq Ft: 163
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Luxury Primary Bath, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Common Basement
  • Total Bathrooms: 1
  • Primary Bathroom Description: Whirlpool Tub, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Sitting Area, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Sidewalks, Fire Escape
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Storage Room(s), Parking Lot, Assigned Parking, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: On-Site Storage
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Number: UNIT 1

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002118 A00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jan 30, 2024
Sold by
Alexander Jeffrey C
Bought by
Goode Harper and Goode Dana B
Seller's Agent
Neal Jackson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Neal Jackson
Crye-Leike, Inc., REALTORS
List Price
$239,900
Sold Price
$227,500
Premium/Discount to List
-$12,400
-5.17%
Views
141
Current Estimated Value
$214,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,546
Avg. Annual Appreciation
-3.23%

Purchase Details

Closed on
Jan 10, 2018
Sold by
Alexander Jeffrey and Alexander Elizabeth
Bought by
Alexander Jeffrey C

Purchase Details

Listed on
Nov 26, 2013
Closed on
Jul 10, 2014
Sold by
Reed Brain A and Overacker Tammy
Bought by
Alexander Jeffrey and Alexander Elizabeth
Seller's Agent
Karen Soro
Adaro Realty, Inc.
Buyer's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
List Price
$199,900
Sold Price
$179,000
Premium/Discount to List
-$20,900
-10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$170,050
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Reed Brian A
Bought by
Reed Brian A and Overacker Tammy

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
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Primacy Closing Corp
Bought by
Reed Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Boyd Jessie L
Bought by
Primacy Closing Corp

Purchase Details

Closed on
Feb 5, 2004
Sold by
Moss James T and Moss Liege M
Bought by
Boyd Jessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2000
Sold by
378 South Main Ltd
Bought by
Moss James T and Owens Liege M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Goode Harper $227,500 Realty Title & Escrow
Alexander Jeffrey C -- Stewart Title
Alexander Jeffrey $179,000 Multiple
Reed Brian A -- None Available
Reed Brian A $187,000 Grace Title & Escrow
Primacy Closing Corp $186,650 Grace Title & Escrow Inc
Boyd Jessie L $173,000 --
Moss James T $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Jeffrey $170,050
Previous Owner Reed Brian A $120,000
Previous Owner Reed Brian A $149,600
Previous Owner Boyd Jessie L $138,400
Previous Owner Moss James T $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2024 03/09/24 Price Changed $227,500 0.0% $190 / Sq Ft
01/26/2024 01/26/24 Sold $227,500 -5.2% $190 / Sq Ft
12/13/2023 12/13/23 For Sale $239,900 0.0% $200 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $239,900 -11.1% $200 / Sq Ft
09/02/2023 09/02/23 Price Changed $269,900 -10.0% $225 / Sq Ft
07/07/2023 07/07/23 Price Changed $299,900 -3.2% $250 / Sq Ft
06/01/2023 06/01/23 For Sale $309,900 +73.1% $258 / Sq Ft
07/15/2014 07/15/14 Sold $179,000 -10.5% $149 / Sq Ft View Prior Sale
05/30/2014 05/30/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $199,900 -- $167 / 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 $1,579 $56,850 $6,150 $50,700
2024 $1,579 $46,575 $6,150 $40,425
2023 $2,837 $46,575 $6,150 $40,425
2022 $2,837 $46,575 $6,150 $40,425
2021 $2,870 $46,575 $6,150 $40,425
2020 $2,886 $39,825 $6,150 $33,675
2019 $2,886 $39,825 $6,150 $33,675
2018 $2,886 $39,825 $6,150 $33,675
2017 $1,637 $39,825 $6,150 $33,675
2016 $1,662 $38,025 $0 $0
2014 $1,662 $38,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149103

Memphis Area Association of REALTORS®

APN: 00-2118-A0-0001