NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 407 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $180,000 - $213,000

1 Bed
1 Bath
959 Sq Ft
436 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $180,000 $188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,174/month

69 Days on Market

Highlights

  • Soft Contemporary Architecture
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Efficiency Studio
  • Laundry closet
  • 5-minute walk to Army Park

About This Home

As of February 2022

This is a deal! Live in the amazing Historic South Main area downtown with an assigned GARAGE parking space included! Large studio, you can create your own separate spaces with furnishings. New kitchen countertops and resurfaced tub. Beautiful rooftop where you can grill out! Low monthly fees. Walkable to restaurants, theater, Beale St etc All appliances included, including w/d. Not warrantable. Showings start Friday 11/5

Last Agent to Sell the Property

Jodi Gibbs

Keller Williams License #334767 Listed on: 11/04/2021

Keller Williams

Last Buyer's Agent

Sam Signore

Keller Williams License #342572

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1912

Lot Details

  • 436

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 959 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Efficiency Studio
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002105 B00042

Community Details

Overview

  • Property has a Home Owners Association
  • $333 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Paperworks Community
  • Paperworks Lofts Condo Subdivision

Amenities

  • Trash Chute

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: 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: 188
  • Number Of Stories: 1
  • Price Per Sq Ft: 187.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 959
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Eff/Studio
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Misc Interior: All Window Treatments, Elevator, Trash Chute
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Limited Access

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 333

Lot Info

  • Lot Number: UNIT 407
  • Acreage: 0.01
  • Lot Size: UNIT SQ FT 959
  • Price Per Acre: 18000000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 B00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Quiggle Andrew and Quiggle Agnes
Bought by
Amla Investments Llc
Current Estimated Value
$193,568

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 17, 2022
Sold by
Jonas Niermann
Bought by
Quiggle Andrew and Quiggle Agnes
Seller's Agent
Jodi Gibbs
Keller Williams
Buyer's Agent
Sam Signore
Keller Williams
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$144,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Front Redevelopment Co Inc
Bought by
Niermann Jonas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Amla Investments Llc -- Coventry Escrow & Title
Quiggle Andrew $180,000 Griffin Clift Everton And Masc
Niermann Jonas $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quiggle Andrew $144,000
Previous Owner Niermann Jonas $121,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $180,000 0.0% $188 / Sq Ft
11/04/2021 11/04/21 For Sale $180,000 0.0% $188 / Sq Ft
05/24/2012 05/24/12 Rented $950 0.0% --
05/24/2012 05/24/12 Under Contract -- -- --
05/07/2012 05/07/12 For Rent $950 -- --
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 $1,007 $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

  • Jodi Gibbs

    Seller's Agent in 2022

    Jodi Gibbs

    Keller Williams

    (901) 598-5634

    15 in this area

    58 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Sam Signore

    Keller Williams

    Section Image

  • N

    Seller's Agent in 2012

    Nicholas Rush

    901 Real Estate Services

See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112065

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0042

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 407, Memphis, TN

This home is located at 408 S Front St Unit 407, Memphis, TN 38103 since 04 November 2021 and is currently estimated at $189,281, approximately $197 per square foot. This property was built in 1912. 408 S Front St Unit 407 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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