NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 413 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $172,000 - $216,000

1 Bed
1 Bath
971 Sq Ft
436 Sq Ft Lot

Last Sold June 15, 2021

Last sale price $180,000 $185 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,161/month

Highlights

  • Water Views
  • Gated Parking
  • Updated Kitchen
  • The property is located in a historic district
  • Sitting Area In Primary Bedroom
  • 5-minute walk to Army Park

About This Home

As of June 2021

Sold before listing. For comps purposes only.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 05/20/2021

Last Buyer's Agent

Chuck House

Keller Williams License #270304

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1912

Lot Details

  • 436

Home Design

  • Traditional Architecture
  • Built-Up Roof

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Living Room
  • Dining Room
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Iron Doors

Parking

  • Detached Garage
  • Gated Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

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

Additional Features

  • Brick Fence
  • The property is located in a historic district

Community Details

  • Property has a Home Owners Association
  • $340 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • 75 Units
  • Mid-Rise Condominium
  • Paperworks Community
  • Paperworks Lofts Condo Subdivision
  • Property managed by Keith Collins Mgmt

Listing and Financial Details

  • Assessor Parcel Number 002105 B00048

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,269

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: Huling
  • MLS Map #: 745A
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 185
  • Number Of Stories: 1
  • Price Per Sq Ft: 185.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 971
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Sitting Area

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Gas Grill, Deck, Historic District, Brick or Stone Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Gated Parking, Gate Clickers, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate, Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Public Water, Common Hot Water, Public Sewer

Association/Amenities

  • Condo Amenities: Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Paperworks
  • Management Company: Keith Collins Mgmt

Fee Information

  • Monthly Maintenance Fee: 340

Lot Info

  • Lot Description: Water View, Corner, Brick/Iron Fenced
  • Lot Number: UNIT 413
  • Acreage: 0.01
  • Lot Size: UNIT SQ FT 978
  • Price Per Acre: 17990000

Multi Family

  • Number Of Rooms: 2

Tax Info

  • Assessor Parcel Number: 002105 B00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 15, 2021
Sold by
Mason Dean C
Bought by
Dowling Collin J and Dowling David
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Chuck House
Keller Williams
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$192,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,807
Avg. Annual Appreciation
1.34%
Original Mortgage
$171,000
Outstanding Balance
$156,162
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$34,090

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jun 22, 2018
Sold by
Austein Eric Alan
Bought by
Mason Dean
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Mike Parker
The Firm
List Price
$134,000
Sold Price
$134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$104,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Stamps James Kevin
Bought by
Austein Eric Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2004
Sold by
Williams Thomas A
Bought by
Stamps James Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2001
Sold by
Front Redevelopment Co Inc
Bought by
Williams Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,275
Interest Rate
6.49%
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
Dowling Collin J $180,000 Closetrak
Mason Dean $134,000 Close Trak Closing & Title S
Austein Eric Alan $139,900 Executive Title & Closing In
Stamps James Kevin $150,000 Memphis Title Company
Williams Thomas A $111,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowling Collin J $171,000
Previous Owner Mason Dean $104,000
Previous Owner Austein Eric A $101,600
Previous Owner Austein Eric A $19,050
Previous Owner Austein Eric Alan $132,900
Previous Owner Stamps James Kevin $154,000
Previous Owner Williams Thomas A $111,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $180,000 +0.1% $185 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $179,900 +34.3% $185 / Sq Ft
06/22/2018 06/22/18 Sold $134,000 0.0% $1,340 / Sq Ft
06/22/2018 06/22/18 For Sale $134,000 -- $1,340 / 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 $1,269 $52,075 $2,900 $49,175
2024 $1,269 $37,425 $2,900 $34,525
2023 $2,280 $37,425 $2,900 $34,525
2022 $2,280 $37,425 $2,900 $34,525
2021 $1,291 $37,425 $2,900 $34,525
2020 $2,322 $32,050 $2,900 $29,150
2019 $1,024 $32,050 $2,900 $29,150
2018 $1,024 $32,050 $2,900 $29,150
2017 $1,049 $32,050 $2,900 $29,150
2016 $1,213 $27,750 $0 $0
2014 $1,213 $27,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2021

    Mike Parker

    The Firm

    (901) 277-7275

    75 in this area

    266 Total Sales

    Section Image
  • Chuck House

    Buyer's Agent in 2021

    Chuck House

    Keller Williams

    (901) 461-6900

    7 in this area

    324 Total Sales

    Section Image

  • N

    Seller's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099777

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0048

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 413, Memphis, TN

This home is located at 408 S Front St Unit 413, Memphis, TN 38103 since 20 May 2021 and is currently estimated at $194,489, approximately $200 per square foot. This property was built in 1912. 408 S Front St Unit 413 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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