NOT LISTED FOR SALE

378 S Main St Unit 3 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $227,000 - $279,000

1 Bed
1 Bath
1,148 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $255,000 $222 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,437/month

Highlights

  • Gated Parking
  • Main Floor Primary Bedroom
  • Wet Bar
  • Updated Kitchen
  • Covered Patio or Porch
  • 4-minute walk to MLK Reflection Park

About This Home

As of August 2023

Prime location in the South Main District, Downtown Loft with 14 foot Ceilings, Exposed Brick, Wonderful Kitchen with Breakfast Bar, dining area, Induction Cook Top, Heated Floors in Bath, Nice covered Patio, doggie door, One Assigned Parking Space, Extra Storage in Basement, washer and dryer, gated and secured parking attached to the property. Walk everywhere in fabulous Downtown Memphis! Water included must pay utilities and internet. Small pet under 35 lbs is allowed.

Last Agent to Rent the Property

Janie Courser

Crye-Leike Property Management License #347421 Listed on: 03/24/2023

Crye-Leike Property Management

Last Renter's Agent

Kim Love

Crye-Leike Property Management License #277042

Crye-Leike Property Management

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1978

Lot Details

  • 1,655

Parking

  • Gated Parking

Home Design

  • Twin Home

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • South Main District Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 002118 A00003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,615

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Twnhouse (2-3 flrs) Condo
  • MLS Map #: 745A
  • MAAR Subdivision Name: 378-384 SOUTH MAIN CONDOMINIUMS
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.57
  • Estimated Sq Ft: 1148
  • Year Built: 1978
  • List Price/ Sq Ft: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • First Story Floor Plan: Kitchen, Primary Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Bedrooms: 1
  • Floors/Ceilings: Wood Laminate Floors, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Wet Bar
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Covered Patio

Garage/Parking

  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Number: UNIT 3

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002118 A00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 15, 2020
Sold by
Bradley Myna
Bought by
Claude Fara Captain and Claude Christopher Ryan
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Fara Captain
Zeitlin Sotheby's Internation
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$246,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,736
Avg. Annual Appreciation
-0.64%
Original Mortgage
$191,250
Outstanding Balance
$169,474
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$76,790

Purchase Details

Closed on
Aug 31, 1999
Sold by
378 South Main Ltd
Bought by
Bradley Myna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.91%
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
Claude Fara Captain $255,000 None Available
Bradley Myna $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claude Fara Captain $191,250
Previous Owner Bradley Myna $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Rented $1,800 0.0% --
06/15/2023 06/15/23 For Rent $1,800 0.0% --
06/13/2023 06/13/23 Under Contract -- -- --
05/31/2023 05/31/23 Price Changed $1,800 -5.0% $2 / Sq Ft
04/14/2023 04/14/23 Price Changed $1,895 -2.8% $2 / Sq Ft
03/24/2023 03/24/23 For Rent $1,950 +8.6% --
05/13/2021 05/13/21 Rented $1,795 0.0% --
04/26/2021 04/26/21 Price Changed $1,795 -5.3% $2 / Sq Ft
03/22/2021 03/22/21 Price Changed $1,895 -13.9% $2 / Sq Ft
03/14/2021 03/14/21 For Rent $2,200 0.0% --
01/21/2021 01/21/21 Off Market $2,200 -- --
01/21/2021 01/21/21 For Rent $2,200 0.0% --
01/15/2021 01/15/21 Off Market $2,200 -- --
01/04/2021 01/04/21 Price Changed $2,200 +22.2% $2 / Sq Ft
11/16/2020 11/16/20 Price Changed $1,800 -2.7% $2 / Sq Ft
10/15/2020 10/15/20 Price Changed $1,850 -2.4% $2 / Sq Ft
07/17/2020 07/17/20 Price Changed $1,895 -0.3% $2 / Sq Ft
07/08/2020 07/08/20 Price Changed $1,900 -2.6% $2 / Sq Ft
06/09/2020 06/09/20 Price Changed $1,950 -2.3% $2 / Sq Ft
05/26/2020 05/26/20 For Rent $1,995 0.0% --
05/15/2020 05/15/20 Sold $255,000 0.0% $255 / Sq Ft View Prior Sale
04/17/2020 04/17/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $255,000 -- $255 / 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 $1,615 $66,100 $6,150 $59,950
2024 -- $47,650 $6,150 $41,500
2023 $2,903 $47,650 $6,150 $41,500
2022 $2,903 $47,650 $6,150 $41,500
2021 $2,937 $47,650 $6,150 $41,500
2020 $2,886 $39,825 $6,150 $33,675
2019 $1,273 $39,825 $6,150 $33,675
2018 $1,273 $39,825 $6,150 $33,675
2017 $1,303 $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

  • J

    Landlord's Agent in 2023

    Janie Courser

    Crye-Leike

    (901) 758-5678

    Janie Courser
    Section Image

  • K

    Tenant's Agent in 2023

    Kim Love

    Crye-Leike

    (901) 598-0673

    Kim Love
    Section Image

  • C

    Buyer's Agent in 2021

    Craig Knox

    Crye-Leike

    (901) 758-5678

    Craig Knox
    Section Image
  • Richard Travers

    Seller's Agent in 2020

    Richard Travers

    Crye-Leike

    (901) 218-3961

    18 in this area

    199 Total Sales

    Richard Travers
    Section Image
  • Fara Captain

    Buyer's Agent in 2020

    Fara Captain

    Zeitlin Sotheby's Internation

    (901) 500-8034

    8 in this area

    165 Total Sales

    Fara Captain
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144496

Memphis Area Association of REALTORS®

APN: 00-2118-A0-0003

Tennessee Shelby County Memphis 38103 South Main

378 S Main St Unit 3, Memphis, TN

This home is located at 378 S Main St Unit 3, Memphis, TN 38103 since 24 March 2023 and is currently priced at $246,264. This property was built in 1978. 378 S Main St Unit 3 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.

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