NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 505 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $197,860

1 Bed
1 Bath
100-999 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2016

Last sale price $133,500 $134 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,241 / mo

20 Days on Market

Highlights

  • Water Views
  • Gated Parking
  • Deck
  • In a Historic District
  • Sitting Area In Primary Bedroom
  • 5-minute walk to Army Park

About This Home

As of February 2016

Amazing Paperworks Loft Offers City and River Views! Wall of Windows Gives Great Natural Light. Custom Built-In Storage For The Fussiest Buyer. High Ceiings, Fireplace, Drapery, Renovated Bath and Updated Kitchen.Terrific Location in the South Main Historic District, Walk To Beale Street, Fedex Forum, Farmers Market, Restaurants and Downtown Nightlife. Includes 1 Gated Parking Space, Trendy Lobby and Rooftop Deck With Gas Grills. Utilities and Basic Cable Included in COA. Call To See It Today!!!

Last Agent to Sell the Property

Larry Unterberger

Keller Williams License #331280 Listed on: 01/12/2016

Keller Williams

Co-Listed By

Kendall Haney

901 Real Estate Services License #218380

Last Buyer's Agent

Mike Parker

The Firm License #284810

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 436 Sq Ft Lot
  • Wrought Iron Fence

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 919 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Gated Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Location

  • In a Historic District

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $263 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Community
  • Paperworks Community
  • Paperworks Lofts Condo Subdivision
  • Property managed by EZR Management

Listing and Financial Details

  • Assessor Parcel Number 002105 B00054

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

436 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 152
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 919
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Fireplace: Prefabricated
  • Floors/Ceilings: Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: Eat-In Kitchen
  • Misc Interior: All Window Treatments, Fire Sprinklers, Security System, Smoke Detector(s), Elevator, Common Basement
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • P R I M A R Y B E D R O O M: Sitting Area, Built-In Cabinets/Bkcases

Exterior Features

  • Misc Exterior: Gas Grill, Deck, Historic District
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Conventional, Full Basement

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 263

Lot Info

  • Lot Description: Iron Fenced
  • Lot Number: UNIT 505
  • Acreage: 0.01
  • Lot Size: UNIT SQ FT 919

Tax Info

  • Assessor Parcel Number: 002105 B00054

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

Listed on
Jan 12, 2016
Closed on
Feb 24, 2016
Sold by
Martin Hope and Martin Thomas
Bought by
Seller's Agent
Larry Unterberger
Keller Williams
Buyer's Agent
Mike Parker
The Firm
List Price
$139,750
Sold Price
$133,500
Premium/Discount to List
-$6,250
-4.47%
Current Estimated Value
$197,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,360
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Nov 18, 2004
Sold by
Haney Thomas E and Haney Diane P
Bought by
Gibson Hope Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,920
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Haney Thomas E and Haney Diane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.77%
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

  • Hugh Mallory Real Estate Agent - Marx-Bensdorf, REALTORS

    Hugh Mallory

    Marx-Bensdorf, REALTORS

    (901) 979-7032

    85 Total Sales

    2 in South Main

    $445K - $461K Price Range

    Hugh Mallory
     Section Image
  • Realis Sanders Real Estate Agent - Keller Williams

    Realis Sanders

    Keller Williams

    (901) 437-7971

    54 Total Sales

    2 in South Main

    $235K - $499K Price Range

    Realis Sanders
     Section Image
  • Meleah Thurmond-Edwards Real Estate Agent - KAIZEN Realty, LLC

    Meleah Thurmond-Edwards

    KAIZEN Realty, LLC

    (901) 666-6918

    74 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
See All Agents

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
$133,500 None Available
Gibson Hope Leigh $151,150 --
Haney Thomas E $117,000 --
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
Previous Owner $120,920
Previous Owner Haney Thomas E $89,000
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
02/23/2016 02/23/16 Sold $133,500 -4.5% $1,335 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $139,750 -- $1,398 / 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 $1,393 $51,775 $2,700 $49,075
2024 $1,309 $38,625 $2,700 $35,925
2023 $2,353 $38,625 $2,700 $35,925
2022 $2,353 $38,625 $2,700 $35,925
2021 $2,380 $38,625 $2,700 $35,925
2020 $2,230 $30,775 $2,700 $28,075
2019 $2,230 $30,775 $2,700 $28,075
2018 $2,230 $30,775 $2,700 $28,075
2017 $1,265 $30,775 $2,700 $28,075
2016 $1,186 $27,150 $0 $0
2014 $1,186 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LU

    Seller's Agent in 2016

    Larry Unterberger

    Keller Williams

    (414) 507-7681

    3 in this area

    31 Total Sales

    Larry Unterberger
    Section Image
  • Kendall Haney Real Estate Agent - 901 Real Estate Services

    Seller Co-Listing Agent in 2016

    Kendall Haney

    901 Real Estate Services

    (901) 218-8887

    16 in this area

    77 Total Sales

    Kendall Haney
    Section Image
  • Mike Parker Real Estate Agent - The Firm

    Buyer's Agent in 2016

    Mike Parker

    The Firm

    (901) 277-7275

    69 in this area

    243 Total Sales

    Mike Parker
    Section Image
See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9968346

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0054

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 505, Memphis, TN

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