NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 509 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $188,000 - $232,000

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

Last Sold July 03, 2014

Last sale price $121,000 $121 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,259/month

221 Days on Market

Highlights

  • Water Views
  • Gated Parking
  • Deck
  • The property is located in a historic district
  • Updated Kitchen
  • 5-minute walk to Army Park

About This Home

As of July 2014

Just Reduced! Building is FHA Approved! Lovely studio/one-bedroom condo with incredible city-skyline views from your living room windows. Concrete floors, updated kitchen with custom cabinets, cambria, claw-foot tub, assigned garage parking. Great rooftop deck with river views and city views of Downtown. 1 Large reserved parking space in the garage under the building, with some extra room for open storage beside it. Close to the Main St./Huling trolley stop, Spindini, and South of Beale.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 11/18/2013

Co-Listed By

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394

Last Buyer's Agent

Emma Wilson

McWaters & Associates License #322288

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 566

Home Design

  • Traditional Architecture
  • Built-Up Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 959 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Laundry closet

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Attached Garage
  • Gated Parking

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Heat Pump System
  • Shared Hot Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002105 B00058

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, parking, pest control contract
  • Mid-Rise Condominium
  • Paperworks Community
  • Paperworks Lofts Condo Subdivision
  • Property managed by EZR

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

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: 125
  • Number Of Stories: 1
  • Price Per Sq Ft: 126.17
  • 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: Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Living Room
  • Floors/Ceilings: Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Great Room, LR/DR Combination, Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Gas Grill, Deck, Historic District, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane 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, Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Electric Heat Pump
  • Security: Smoke Detector(s), Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Common Hot Water

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 276

Lot Info

  • Lot Number: UNIT 509
  • Lot Size: UNIT SQ FT 959
  • Price Per Acre: 9615385

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 B00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jul 3, 2014
Sold by
Brien Patrick O and Ely Gary
Bought by
Villines Brennan N
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Emma Wilson
McWaters & Associates
List Price
$135,900
Sold Price
$121,000
Premium/Discount to List
-$14,900
-10.96%
Total Days on Market
221
Current Estimated Value
$204,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,934
Avg. Annual Appreciation
4.94%
Original Mortgage
$102,850
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Obrien Patrick and Ely Gary
Source: Public Records

Similar Homes in Memphis, TN

  • 109 N Main St Unit 601, Memphis, TN 38103

    $174,900

    • 1 Bed
    • 1 Bath
    • 600+ Sq Ft
    • 109 N Main St
    • Unit 601
    • Memphis, TN

    Moody Vibes. Historic Charm. Sleek Perfection. Welcome to Unit 601 at the Historic Claridge Building—a moody, modern 1-bedroom masterpiece nestled in the heart of downtown Memphis. This sleek city retreat offers the perfect blend of historic character and contemporary luxury. Full remodel 2024 Step inside and feel the vibe: Dramatic finishes, unique layout that's designed to impress. The chef’s

    Chasity Blackburn Blackburn & Co

    Section Image
  • 840 Thistledown Dr Unit 1009, Memphis, TN 38117

    $204,900

    • 2 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 840 Thistledown Dr
    • Unit 1009
    • Memphis, TN

    Welcome home to this beautifully updated 2BR/2BA condo in Tennessee’s largest gated community! Step into a move-in ready space featuring stylish neutral tones, durable LVP flooring, and elegant crown molding. The renovated bathrooms and updated kitchen with newer appliances make everyday living easy and enjoyable. Enjoy a spacious living room that opens to your own private balcony—perfect for

    Margie Oneal REMAX Experts

    Section Image
  • 4771 Audubon View Cir Unit 3005, Memphis, TN 38117

    $168,900

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 4771 Audubon View Cir
    • Unit 3005
    • Memphis, TN

    A gated community, low maintenance and utilities. This charming one-bedroom retreat offers a peaceful escape with breathtaking views of a sparkling pool. Every inch of this beautifully maintained home exudes warmth and elegance, from the pristine Italian porcelain tile that graces the living, dining, kitchen, and bath areas to the thoughtful design that flows seamlessly throughout. The modern

    Margie Oneal REMAX Experts

    Section Image
  • 5916 Noyes Ct Unit 4, Memphis, TN 38119

    $161,000

    • 2 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft
    • 5916 Noyes Ct
    • Unit 4
    • Memphis, TN

    PRICE IMPROVEMENT!! CONDO LIVING AT IT'S BEST!! Come see this wonderful 2 BD 1-1/2BA FLAT located on the 2nd level. This home has an enclosed balcony/sunroom creating an extra room for an office or sitting area, LARGE DEN/DINING AREA, updated kitchen with SS appliances, LVP flooring throughout, Crown molding in dining and den, spacious primary bedroom with private bath, a half-bath and separate

    Renee Rucker KAIZEN Realty, LLC

    Section Image
  • 408 S Front St Unit 301, Memphis, TN 38103

    $230,000

    • 1 Bed
    • 1 Bath
    • 1,000+ Sq Ft
    • 408 S Front St
    • Unit 301
    • Memphis, TN

    Gorgeous 3rd floor condo! Larger one bedroom unit with excellent location and desirable floor plan! Soaring ceilings, hardwood floors, exposed brick, granite, stainless appliances, fabulous large windows. Large bedroom and Living area. Excellent floor plan with private bathroom and spacious kitchen. Fantastic views from the rooftop! Designated parking space in the garage. Great parking for

    Sally Isom Coldwell Banker Collins-Maury

    Section Image
  • 408 S Front St Unit 305, Memphis, TN 38103

    $205,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 408 S Front St
    • Unit 305
    • Memphis, TN

    AN EXCEPTIONAL FIND WITH A ONE-OF-A-KIND FLOORPLAN IN THE PAPERWORKS!! This property boasts soaring ceilings and sleek concrete floors. A secure entrance and 1 GARAGE PARKING SPACE. The stylishly updated kitchen features a modern backsplash, white cabinetry, stainless steel appliances, elegant pendant lighting, and newly installed foot cabinets for extra storage! The seller has thoughtfully

    Taylor Waring Ware Jones, REALTORS

    Section Image
  • 408 S Front St Unit 110, Memphis, TN 38103

    $185,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 408 S Front St
    • Unit 110
    • Memphis, TN

    Discover this chic first-floor condo offering a blend of modern comforts and historic charm. With soaring high ceilings and exposed brick walls, this unit exudes character and style throughout. The open-concept design creates an inviting space, perfect for both relaxation and entertaining. For a truly elevated experience, step outside the condo and access the stunning rooftop deck via the nearby

    Garth Ward eXp Realty, LLC

    Section Image
  • 420 S Front St Unit 306, Memphis, TN 38103

    $229,900

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 420 S Front St
    • Unit 306
    • Memphis, TN

    Experience Downtown living in this sleek downtown condo - walking distance to the Riverfront, bars, restaurants, FedEx Forum, Farmers Market & Malco Theatre. 1 bedroom unit with walk in closet. No carpet - all hardwood, wood laminate & tile floors. Exposed beam & brick in living room. Enjoy views of the mighty Mississippi river & bridge from your condo. Kitchen w/granite countertops & stainless

    Jessica Brown REMAX Experts

    Section Image
  • 420 S Front St Unit 308, Memphis, TN 38103

    $250,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 420 S Front St
    • Unit 308
    • Memphis, TN

    1 bedroom Loft Condo with Exposed wood beams and brick. If you are looking a loft condo in a great location downtown with The real "Loft" look a feel this is it. Fantastic kitchen, wood floors all appliances included. This is located at The 420 Condos, there is a rooftop deck with expansive views of the River and Bridges, a dedicated storage unit in the basement and well decorated lobby. HOA does

    Chris Garland Crye-Leike, Inc., REALTORS

    Section Image
See All Homes in Memphis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Villines Brennan N $121,000 Fntg
Villines Brennan N $121,000 Fntg
Obrien Patrick $131,200 --
Obrien Patrick $131,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villines Brennan Nelson $15,000
Closed Villines Brennan Nelson $15,000
Open Villines Brennan N $100,000
Closed Villines Brennan N $102,850
Previous Owner Obrien Patrick $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $121,000 -11.0% $1,210 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $135,900 -- $1,359 / 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 -- $53,150 $2,850 $50,300
2024 $1,295 $38,200 $2,850 $35,350
2023 $2,327 $38,200 $2,850 $35,350
2022 $2,327 $38,200 $2,850 $35,350
2021 $2,354 $38,200 $2,850 $35,350
2020 $2,362 $32,600 $2,850 $29,750
2019 $2,362 $32,600 $2,850 $29,750
2018 $2,362 $32,600 $2,850 $29,750
2017 $1,340 $32,600 $2,850 $29,750
2016 $1,204 $27,550 $0 $0
2014 $1,204 $27,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2014

    Mike Parker

    The Firm

    (901) 277-7275

    78 in this area

    267 Total Sales

    Mike Parker
    Section Image
  • Ashley Bonds

    Seller Co-Listing Agent in 2014

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    3 in this area

    74 Total Sales

    Ashley Bonds
    Section Image
  • Emma Wilson

    Buyer's Agent in 2014

    Emma Wilson

    McWaters & Associates

    Section Image
See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3285668

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0058

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 509, Memphis, TN

This home is located at 408 S Front St Unit 509, Memphis, TN 38103 since 18 November 2013 and is currently estimated at $204,934, approximately $205 per square foot. This property was built in 1912. 408 S Front St Unit 509 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.

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® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes