NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 406 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $179,000 - $211,000

1 Bed
1 Bath
100-999 Sq Ft
566 Sq Ft Lot

Last Sold July 23, 2012

Last sale price $95,000 $95 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,202/month

93 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • 5-minute walk to Army Park
  • Security Gate
  • Central Heating and Cooling System

About This Home

As of July 2012

This is a studio condo with one large living space. Washer/Dryer included! So much you can do with this space and have the downtown living you desire!

Last Agent to Sell the Property

Mary Baker

REMAX Experts License #250352 Listed on: 03/27/2012

Co-Listed By

Mindy Creech

REMAX Experts License #270878

Last Buyer's Agent

Mike Parker

The Firm License #284810

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1912

Lot Details

  • 566

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 965 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Aluminum Window Frames
  • Security Gate
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Assigned Parking

Additional Features

  • Upper Level
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Paperworks Lofts Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002105 B00041

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,259

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Upstairs - Flat
  • MLS Map #: 745A
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 98.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 965
  • Year Built: 1912
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Floors/Ceilings: 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Dishwasher
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Aluminum Window(s)

Garage/Parking

  • Parking Storage: Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate

Association/Amenities

  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Number: UNIT 406
  • Lot Size: UNIT SQ FT 959

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 B00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Germany and Margo
Bought by
Germany Matthew C
Total Days on Market
93
Current Estimated Value
$195,412

Purchase Details

Listed on
Mar 27, 2012
Closed on
Jul 23, 2012
Sold by
Thornton Christopher J
Bought by
Germany Jeff and Germany Margo
Seller's Agent
Mary Baker
REMAX Experts
Buyer's Agent
Mike Parker
The Firm
List Price
$139,000
Sold Price
$95,000
Premium/Discount to List
-$44,000
-31.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$72,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2012
Closed on
Jul 6, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Germany Jeff and Germany Margo
Seller's Agent
Mary Baker
REMAX Experts
Buyer's Agent
Mike Parker
The Firm
List Price
$139,000
Sold Price
$95,000
Premium/Discount to List
-$44,000
-31.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Padron Mary E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 8, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Padron Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.21%
Source: Public Records

Similar Homes in Memphis, TN

  • 109 N Main St Unit 601, Memphis, TN 38103

    $174,900

    • 1 Bed
    • 1 Bath
    • 600+ Sq Ft
    • 109 N Main St
    • Unit 601
    • Memphis, TN

    Moody Vibes. Historic Charm. Sleek Perfection. Welcome to Unit 601 at the Historic Claridge Building—a moody, modern 1-bedroom masterpiece nestled in the heart of downtown Memphis. This sleek city retreat offers the perfect blend of historic character and contemporary luxury. Full remodel 2024 Step inside and feel the vibe: Dramatic finishes, unique layout that's designed to impress. The chef’s

    Chasity Blackburn Blackburn & Co

    Section Image
  • 840 Thistledown Dr Unit 1009, Memphis, TN 38117

    $204,900

    • 2 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 840 Thistledown Dr
    • Unit 1009
    • Memphis, TN

    Welcome home to this beautifully updated 2BR/2BA condo in Tennessee’s largest gated community! Step into a move-in ready space featuring stylish neutral tones, durable LVP flooring, and elegant crown molding. The renovated bathrooms and updated kitchen with newer appliances make everyday living easy and enjoyable. Enjoy a spacious living room that opens to your own private balcony—perfect for

    Margie Oneal REMAX Experts

    Section Image
  • 4771 Audubon View Cir Unit 3005, Memphis, TN 38117

    $168,900

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 4771 Audubon View Cir
    • Unit 3005
    • Memphis, TN

    A gated community, low maintenance and utilities. This charming one-bedroom retreat offers a peaceful escape with breathtaking views of a sparkling pool. Every inch of this beautifully maintained home exudes warmth and elegance, from the pristine Italian porcelain tile that graces the living, dining, kitchen, and bath areas to the thoughtful design that flows seamlessly throughout. The modern

    Margie Oneal REMAX Experts

    Section Image
  • 5916 Noyes Ct Unit 4, Memphis, TN 38119

    $161,000

    • 2 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft
    • 5916 Noyes Ct
    • Unit 4
    • Memphis, TN

    PRICE IMPROVEMENT!! CONDO LIVING AT IT'S BEST!! Come see this wonderful 2 BD 1-1/2BA FLAT located on the 2nd level. This home has an enclosed balcony/sunroom creating an extra room for an office or sitting area, LARGE DEN/DINING AREA, updated kitchen with SS appliances, LVP flooring throughout, Crown molding in dining and den, spacious primary bedroom with private bath, a half-bath and separate

    Renee Rucker KAIZEN Realty, LLC

    Section Image
  • 408 S Front St Unit 301, Memphis, TN 38103

    $230,000

    • 1 Bed
    • 1 Bath
    • 1,000+ Sq Ft
    • 408 S Front St
    • Unit 301
    • Memphis, TN

    Gorgeous 3rd floor condo! Larger one bedroom unit with excellent location and desirable floor plan! Soaring ceilings, hardwood floors, exposed brick, granite, stainless appliances, fabulous large windows. Large bedroom and Living area. Excellent floor plan with private bathroom and spacious kitchen. Fantastic views from the rooftop! Designated parking space in the garage. Great parking for

    Sally Isom Coldwell Banker Collins-Maury

    Section Image
  • 408 S Front St Unit 305, Memphis, TN 38103

    $205,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 408 S Front St
    • Unit 305
    • Memphis, TN

    AN EXCEPTIONAL FIND WITH A ONE-OF-A-KIND FLOORPLAN IN THE PAPERWORKS!! This property boasts soaring ceilings and sleek concrete floors. A secure entrance and 1 GARAGE PARKING SPACE. The stylishly updated kitchen features a modern backsplash, white cabinetry, stainless steel appliances, elegant pendant lighting, and newly installed foot cabinets for extra storage! The seller has thoughtfully

    Taylor Waring Ware Jones, REALTORS

    Section Image
  • 408 S Front St Unit 110, Memphis, TN 38103

    $185,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 408 S Front St
    • Unit 110
    • Memphis, TN

    Discover this chic first-floor condo offering a blend of modern comforts and historic charm. With soaring high ceilings and exposed brick walls, this unit exudes character and style throughout. The open-concept design creates an inviting space, perfect for both relaxation and entertaining. For a truly elevated experience, step outside the condo and access the stunning rooftop deck via the nearby

    Garth Ward eXp Realty, LLC

    Section Image
  • 420 S Front St Unit 306, Memphis, TN 38103

    $229,900

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 420 S Front St
    • Unit 306
    • Memphis, TN

    Experience Downtown living in this sleek downtown condo - walking distance to the Riverfront, bars, restaurants, FedEx Forum, Farmers Market & Malco Theatre. 1 bedroom unit with walk in closet. No carpet - all hardwood, wood laminate & tile floors. Exposed beam & brick in living room. Enjoy views of the mighty Mississippi river & bridge from your condo. Kitchen w/granite countertops & stainless

    Jessica Brown REMAX Experts

    Section Image
  • 420 S Front St Unit 308, Memphis, TN 38103

    $250,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 420 S Front St
    • Unit 308
    • Memphis, TN

    1 bedroom Loft Condo with Exposed wood beams and brick. If you are looking a loft condo in a great location downtown with The real "Loft" look a feel this is it. Fantastic kitchen, wood floors all appliances included. This is located at The 420 Condos, there is a rooftop deck with expansive views of the River and Bridges, a dedicated storage unit in the basement and well decorated lobby. HOA does

    Chris Garland Crye-Leike, Inc., REALTORS

    Section Image
See All Homes in Memphis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Germany Matthew C -- None Listed On Document
Germany Jeff -- Multiple
Thornton Christopher J -- Multiple
Germany Jeff $95,000 Servicelink Hopewell Campus
Federal Home Loan Mortgage Corporation $110,500 None Available
Padron Mary E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germany Matthew C $70,000
Previous Owner Germay Matthew $76,700
Previous Owner Germany Jeffrey $73,675
Previous Owner Germany Jeff $72,000
Previous Owner Padron Mary E $0
Previous Owner Padron Mary E $92,000
Closed Padron Mary E $17,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2012 07/23/12 Sold $95,000 -31.7% $950 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $139,000 -- $1,390 / 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 $1,259 $51,400 $2,850 $48,550
2024 $1,259 $37,125 $2,850 $34,275
2023 $2,262 $37,125 $2,850 $34,275
2022 $2,262 $37,125 $2,850 $34,275
2021 $2,288 $37,125 $2,850 $34,275
2020 $2,297 $31,700 $2,850 $28,850
2019 $1,013 $31,700 $2,850 $28,850
2018 $1,013 $31,700 $2,850 $28,850
2017 $1,037 $31,700 $2,850 $28,850
2016 $1,204 $27,550 $0 $0
2014 $1,204 $27,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Baker

    RE/MAX

  • M

    Seller Co-Listing Agent in 2012

    Mindy Creech

    RE/MAX

  • Mike Parker

    Buyer's Agent in 2012

    Mike Parker

    The Firm

    (901) 277-7275

    78 in this area

    267 Total Sales

    Mike Parker
    Section Image
See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3243695

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0041

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 406, Memphis, TN

This home is located at 408 S Front St Unit 406, Memphis, TN 38103 since 27 March 2012 and is currently estimated at $195,412, approximately $195 per square foot. This property was built in 1912. 408 S Front St Unit 406 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes