NOT LISTED FOR SALE

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

South Main Neighborhood

Estimated Value: $202,609

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

Sale Details

Date Sold: July 23, 2012

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

Est. 113% increase in value since last sale

Current estimated payment $1,268 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

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

Year Built

Built in 1912

Lot Details

566 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Upstairs - Flat
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • 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

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

Tax Info

  • Assessor Parcel Number: 002105 B00041

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Germany and Margo
Bought by
Current Estimated Value
$202,609

Purchase Details

Listed on
Mar 27, 2012
Closed on
Jul 23, 2012
Sold by
Germany Jeff and Germany Margo
Bought by
Thornton Christopher J
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
5.49%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Main, TN

  • Meleah Thurmond-Edwards Real Estate Agent - KAIZEN Realty, LLC

    Meleah Thurmond-Edwards

    KAIZEN Realty, LLC

    (901) 666-6918

    73 Total Sales

    2 in South Main

    $240K - $256K Price Range

    Meleah Thurmond-Edwards
     Section Image
  • Caleb Hall Real Estate Agent - Keller Williams

    Caleb Hall

    Responds Quickly

    Keller Williams

    (901) 295-3396

    200 Total Sales

    1 in South Main

    $350,000 Price

    Caleb Hall
     Section Image
  • Reginald Harris Real Estate Agent - Harris Realty Services

    Reginald Harris

    Harris Realty Services

    (901) 390-9168

    39 Total Sales

    1 in South Main

    $192,500 Price

    Reginald Harris
     Section Image
  • Kim Golden Real Estate Agent - Mint Realty Group

    Kim Golden

    Mint Realty Group

    (901) 267-0906

    69 Total Sales

    1 in South Main

    $350,000 Price

    Kim Golden
     Section Image
  • Thomas Henze Real Estate Agent - Hobson, REALTORS

    Thomas Henze

    Hobson, REALTORS

    (901) 519-3199

    42 Total Sales

    1 in South Main

    $218,000 Price

    Thomas Henze
     Section Image
  • Mary Wardlow Real Estate Agent - TRG Real Estate Services, LLC

    Mary Wardlow

    TRG Real Estate Services, LLC

    (901) 437-0155

    88 Total Sales

    2 in South Main

    $335K - $350K Price Range

    Mary Wardlow
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Thornton Christopher J -- Multiple
Germany Jeff -- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $70,000
Previous Owner Germany Jeff $72,000
Previous Owner Padron Mary E $92,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,383 $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

  • MB

    Seller's Agent in 2012

    Mary Baker

    RE/MAX

  • MC

    Seller Co-Listing Agent in 2012

    Mindy Creech

    RE/MAX

  • Mike Parker Real Estate Agent - The Firm

    Buyer's Agent in 2012

    Mike Parker

    The Firm

    (901) 277-7275

    69 in this area

    242 Total Sales

    Mike Parker
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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

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® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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