NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 311 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $178,000 - $218,000

1 Bed
1 Bath
1,000-1,199 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: July 2, 2018

Last sale price $143,000 $119 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,170 / mo

Highlights

  • Gated Parking
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Updated Kitchen
  • Separate Formal Living Room
  • 5-minute walk to Army Park

About This Home

As of July 2018

Call owner for showings,**Light-filled 3rd Floor Corner Unit at the Paperworks Condos with lots of windows & Mississippi River View**all appliances including fridge, washer & dryer**Wonderful rooftop deck with gorgeous river and downtown views**Bath & Kitchen will be painted neutral color w/new bath mirror & light fixture**Secure assigned garage parking space**Building Elevator**One block to Riverwalk & South Main restaurants, shops, & galleries**1 year lease

Last Agent to Rent the Property

Barbara Cowles

Hobson, REALTORS License #200957 Listed on: 07/03/2018

Last Renter's Agent

Barbara Cowles

Hobson, REALTORS License #200957 Listed on: 07/03/2018

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 436

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,012 Sq Ft Home
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Concrete Flooring

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Paperworks Lofts Condo Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 002105 B00032

Condo Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

436 Sq Ft Lot

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: 3rd FL Multi-Story Condo
  • Cross Street: Huling
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • List Price Per Sq Ft: 1
  • Number Of Stories: 5
  • Estimated Sq Ft: 1012
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Closet, Entry Hall

Exterior Features

  • Exterior Windows: Double Pane Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Back-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Number: UNIT 311
  • Acreage: 0.01
  • Lot Size: UNIT SQ FT 1020

Tax Info

  • Assessor Parcel Number: 002105 B00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Jul 2, 2018
Sold by
Petersen Melissa M
Bought by
Roach Jeffrey L and Roach Robin R
Seller's Agent
Barbara Cowles
Hobson, REALTORS
Buyer's Agent
Barbara Cowles
Hobson, REALTORS
Sold Price
$1,200
Current Estimated Value
$200,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,102
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
May 1, 2013
Sold by
Falls Monty S and Falls Betty
Bought by
Petersen Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2003
Sold by
Falls Leigh A and Falls Monty Stanfield
Bought by
Falls Monty S and Falls Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Falls Leigh A and Falls Monty Stanfield

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,850
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Roach Jeffrey L $143,000 Memphis Title Co
Petersen Melissa M $115,000 Fidelity Title And Escrow
Falls Monty S -- --
Falls Leigh A $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petersen Melissa M $103,500
Previous Owner Falls Monty S $117,000
Previous Owner Falls Leigh A $80,850
Closed Falls Leigh A $33,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2018 07/12/18 Rented $1,200 0.0% --
07/03/2018 07/03/18 For Rent $1,200 0.0% --
07/02/2018 07/02/18 Sold $143,000 -1.4% $143 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
06/03/2018 06/03/18 For Sale $145,000 -- $145 / 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 $1,300 $53,525 $3,000 $50,525
2024 $1,300 $38,350 $3,000 $35,350
2023 $2,336 $38,350 $3,000 $35,350
2022 $2,336 $38,350 $3,000 $35,350
2021 $2,364 $38,350 $3,000 $35,350
2020 $2,382 $32,875 $3,000 $29,875
2019 $1,051 $32,875 $3,000 $29,875
2018 $1,051 $32,875 $3,000 $29,875
2017 $1,076 $32,875 $3,000 $29,875
2016 $1,230 $28,150 $0 $0
2014 $1,230 $28,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nicci Watson

    Dream Maker Realty, LLC

    Section Image
  • Barbara Cowles

    Landlord's Agent in 2018

    Barbara Cowles

    Hobson, REALTORS

    (901) 351-2365

    7 in this area

    42 Total Sales

    Barbara Cowles
    Section Image
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About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10030945

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0032

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 311, Memphis, TN

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