NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 409 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $187,876 - $292,000

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

Last Sold March 02, 2018

Last sale price $146,000 $146 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,338/month

35 Days on Market

Highlights

  • Gated Parking
  • Deck
  • 1 Car Attached Garage
  • Updated Kitchen
  • Soft Contemporary Architecture
  • 5-minute walk to Army Park

About This Home

As of March 2018

This Paperworks condo is like no other! The kitchen includes upgraded cabinets and stainless steel appliances. The bath has been fully upgraded with marble countertops and an extra-large soaker tub with tile surround. The built-ins are incredible and include deep wood shelves and drawers in the kitchen and several hanging rods, drawers and wood shelving to the ceiling in the closet! The queen size bed is also built in with tons of storage and curtains for privacy. This one is a must see!

Last Agent to Sell the Property

Annette Sharp

901 Real Estate Services License #18936 Listed on: 01/02/2018

Co-Listed By

Karen Soro

Adaro Realty, Inc. License #260513

Last Buyer's Agent

Laurie McBride Connors

Ware Jones, REALTORS License #300141

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1912

Lot Details

  • 436

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 963 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Aluminum Window Frames
  • Concrete Flooring
  • Iron Doors

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Shared Hot Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002105 B00044

Community Details

Overview

  • Property has a Home Owners Association
  • $276 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, pest control contract
  • Mid-Rise Condominium
  • Paperworks Lofts Coa Community
  • Paperworks Lofts Condo Subdivision
  • Property managed by Keith Collins

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,290

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)
  • Cross Street: Huling
  • MLS Map #: 745A
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 156
  • Number Of Stories: 1
  • Price Per Sq Ft: 151.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 963
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Smoke Detector(s), Elevator, Common Basement
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Gas Grill, Deck
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Limited Access, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Common Hot Water

Association/Amenities

  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Paperworks Lofts COA
  • Management Company: Keith Collins

Fee Information

  • Monthly Maintenance Fee: 276

Lot Info

  • Lot Number: UNIT 409
  • Acreage: 0.01
  • Lot Size: UNIT SQ FT 959
  • Price Per Acre: 14990000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 B00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Mar 2, 2018
Sold by
Frazier Canby Louise
Bought by
Hill Leo and Hill Marcela
Seller's Agent
Annette Sharp
901 Real Estate Services
Buyer's Agent
Laurie McBride Connors
Ware Jones, REALTORS
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%
Total Days on Market
35
Current Estimated Value
$218,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,969
Avg. Annual Appreciation
5.73%
Original Mortgage
$116,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Traywick David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
5.92%
Source: Public Records

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Range of Values:

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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
Hill Leo $146,000 None Available
Traywick David $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Leo $116,000
Closed Hill Leo $116,800
Previous Owner Frazier Canby L $108,800
Previous Owner Frazier Canby L $103,000
Previous Owner Traywick David $99,600
Closed Traywick David $24,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $146,000 -2.6% $1,460 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $149,900 -- $1,499 / 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 $1,290 $51,400 $2,850 $48,550
2024 $1,290 $38,050 $2,850 $35,200
2023 $2,318 $38,050 $2,850 $35,200
2022 $2,318 $38,050 $2,850 $35,200
2021 $2,345 $38,050 $2,850 $35,200
2020 $2,297 $31,700 $2,850 $28,850
2019 $2,297 $31,700 $2,850 $28,850
2018 $2,297 $31,700 $2,850 $28,850
2017 $1,303 $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

  • A

    Seller's Agent in 2018

    Annette Sharp

    901 Real Estate Services

    (901) 399-8500

    Section Image
  • Karen Soro

    Seller Co-Listing Agent in 2018

    Karen Soro

    Adaro Realty, Inc.

    (901) 338-4444

    1 in this area

    8 Total Sales

    Section Image
  • Laurie McBride Connors

    Buyer's Agent in 2018

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    15 in this area

    165 Total Sales

    Laurie McBride Connors
    Section Image
See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10017799

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0044

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 409, Memphis, TN

This home is located at 408 S Front St Unit 409, Memphis, TN 38103 since 02 January 2018 and is currently estimated at $218,969, approximately $219 per square foot. This property was built in 1912. 408 S Front St Unit 409 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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