NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 105 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $293,000 - $317,000

1 Bed
2 Baths
1,600-1,799 Sq Ft
436 Sq Ft Lot

Last Sold February 05, 2019

Last sale price $249,000 $138 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,813/month

98 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Soft Contemporary Architecture
  • Sitting Area In Primary Bedroom
  • Deck
  • 5-minute walk to Army Park

About This Home

As of February 2019

Awesome Condo in the Heart of South Main. Convenient to the River & to the Trolley on Main Street Plus Walk to Restaurants, Shopping, The Orpheum, Beale St and Grizzles Games. Located on the 1st floor with Parking at Your Front Door. Great Live/Work Space or Just Make it Your Home. 2 Floors with 2 Full Baths. Entrance off of the Interior Hallway on Each Floor plus Entrance on Street Level. Completely Gutted & Renovated with New Staircase. Gated Parking as Well. One of a Kind Condo! Roof Top!

Last Agent to Sell the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/12/2018

Last Buyer's Agent

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/12/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1912

Lot Details

  • 436

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,786 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Unassigned Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $517 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Paperworks Lofts Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002105 B00005

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,798

Year Built

Built in 1912

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
  • MLS Map #: 745A
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 146
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 139.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1786
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 1
  • Floors/Ceilings: Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Misc Interior: Excl Some Window Treatmnt
  • Other Rooms: Laundry Closet, Bonus Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Sitting Area, Smooth Ceiling

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Wood Window(s), Double Pane Window(s)
  • Foundation: Conventional, Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Electric
  • Security: Security Gate
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 517

Lot Info

  • Lot Number: UNIT 105
  • Acreage: 0.01
  • Lot Size: UNIT SQ FT 1803
  • Price Per Acre: 25990000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 B00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Feb 5, 2019
Sold by
Campbell Gregory T and Baudoin John Gregory
Bought by
Watkins Jeffrey H
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Kendall Haney
901 Real Estate Services
List Price
$259,900
Sold Price
$249,000
Premium/Discount to List
-$10,900
-4.19%
Current Estimated Value
$301,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,132
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Haught Michael R
Bought by
Baudoin John Gregory and Campbell Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Haught Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.67%
Source: Public Records

Range of Values:

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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
Watkins Jeffrey H $249,000 Home Surety Title & Escrow L
Baudoin John Gregory $200,000 --
Haught Michael R $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baudoin John Gregory $160,000
Previous Owner Haught Michael R $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2019 02/05/19 Sold $249,000 -4.2% $156 / Sq Ft
09/12/2018 09/12/18 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 $1,798 $76,000 $5,325 $70,675
2024 $1,798 $53,050 $5,325 $47,725
2023 $3,232 $53,050 $5,325 $47,725
2022 $3,232 $53,050 $5,325 $47,725
2021 $1,439 $53,050 $5,325 $47,725
2020 $2,797 $38,600 $5,325 $33,275
2019 $1,234 $38,600 $5,325 $33,275
2018 $1,234 $38,600 $5,325 $33,275
2017 $1,263 $38,600 $5,325 $33,275
2016 $1,573 $36,000 $0 $0
2014 $1,573 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Haney

    Seller's Agent in 2019

    Kendall Haney

    901 Real Estate Services

    (901) 218-8887

    21 in this area

    97 Total Sales

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About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10036340

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0005

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 105, Memphis, TN

This home is located at 408 S Front St Unit 105, Memphis, TN 38103 since 12 September 2018 and is currently estimated at $301,132, approximately $167 per square foot. This property was built in 1912. 408 S Front St Unit 105 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

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