The Paperworks 408 S Front St Unit 510 Memphis, TN 38103
South Main Neighborhood
1
Bed
1
Bath
1,000-1,199
Sq Ft
436
Sq Ft Lot
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 October 2024FHA Approved bldg! Charming top-floor flat in Paperworks, with wood-burning fireplace, 11-foot ceilings, & spacious floorplan. The condo can be sold furnished at no extra cost. Stainless appliances, fridge, & stack washer dryer remain. New HVAC 2020! Comes with 1 reserved, garage parking space #26, located in the basement. Rooftop deck can be accessed near the elevator on the 5th floor outside the condo. Visit the roof anytime for majestic rooftop views of Downtown Memphis and the Mississippi River.
Property Details
Home Type
- Condominium
Year Built
- Built in 1912
Lot Details
- Wrought Iron Fence
- Brick Fence
- Level Lot
Home Design
- Traditional Architecture
- Built-Up Roof
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,097 Sq Ft Home
- Ceiling height of 9 feet or more
- Fireplace Features Masonry
- Double Pane Windows
- Window Treatments
- Aluminum Window Frames
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Concrete Flooring
- Basement Fills Entire Space Under The House
- Iron Doors
Kitchen
- Updated Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Rear-Facing Garage
- Gated Parking
- Assigned Parking
Outdoor Features
- Deck
- Outdoor Gas Grill
Location
- The property is located in a historic district
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 002105 B00059
Community Details
Overview
- Property has a Home Owners Association
- $381 Maintenance Fee
- Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, parking, reserve fund, some utilities, trash collection, water/sewer
- 62 Units
- Mid-Rise Condominium
- Paperworks Condos Community
- Paperworks Lofts Condo Subdivision
- Property managed by Keith Collins Mgmt
- 5-Story Property
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2025
Sold by
Smith Enterprises Llc
Bought by
Williams Nicholas Ross
Total Days on Market
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,482
Outstanding Balance
$202,304
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$6,075
Purchase Details
Listed on
Mar 13, 2024
Closed on
Oct 26, 2024
Sold by
Brunner Brenda and Brunner Edward
Bought by
Smith Enterprises Llc
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Mike Parker
The Firm
List Price
$234,900
Sold Price
$190,000
Premium/Discount to List
-$44,900
-19.11%
Views
159
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.34%
Purchase Details
Closed on
Jan 7, 2010
Sold by
Brunner Edward A
Bought by
Brunner Brenda
Purchase Details
Closed on
Dec 13, 2002
Sold by
Clanton William M
Bought by
Brunner Edward A and Brunner Brenda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,200
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 19, 2001
Sold by
Front Redevelopment Co Inc
Bought by
Clanton William M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,050
Interest Rate
6.99%
Similar Homes in Memphis, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $209,000 | Foundation Title & Escrow | |
| Warranty Deed | $190,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $162,000 | -- | |
| Warranty Deed | $147,050 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $202,482 | FHA | |
| Previous Owner | $100,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $16,200 | Credit Line Revolving | |
| Previous Owner | $129,600 | No Value Available | |
| Previous Owner | $147,050 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2024 10/22/24 | Sold | $190,000 | -19.1% | $190 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $234,900 | 0.0% | $235 / Sq Ft |
| 07/26/2024 07/26/24 | Pending | -- | -- | -- |
| 06/07/2024 06/07/24 | Price Changed | $234,900 | -2.1% | $235 / Sq Ft |
| 05/28/2024 05/28/24 | Price Changed | $239,900 | -3.0% | $240 / Sq Ft |
| 05/23/2024 05/23/24 | Price Changed | $247,400 | +3.1% | $247 / Sq Ft |
| 05/20/2024 05/20/24 | Price Changed | $239,900 | -1.0% | $240 / Sq Ft |
| 04/23/2024 04/23/24 | Price Changed | $242,400 | -1.0% | $242 / Sq Ft |
| 04/15/2024 04/15/24 | Price Changed | $244,900 | -2.0% | $245 / Sq Ft |
| 03/13/2024 03/13/24 | For Sale | $249,900 | -- | $250 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $58,225 | $3,250 | $54,975 |
| 2024 | $1,422 | $41,950 | $3,250 | $38,700 |
| 2023 | $2,555 | $41,950 | $3,250 | $38,700 |
| 2022 | $2,555 | $41,950 | $3,250 | $38,700 |
| 2021 | $2,585 | $41,950 | $3,250 | $38,700 |
| 2020 | $2,520 | $34,775 | $3,250 | $31,525 |
| 2019 | $2,520 | $34,775 | $3,250 | $31,525 |
| 2018 | $2,520 | $34,775 | $3,250 | $31,525 |
| 2017 | $1,429 | $34,775 | $3,250 | $31,525 |
| 2016 | $1,264 | $28,925 | $0 | $0 |
| 2014 | $1,264 | $28,925 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Parker
Seller's Agent in 2024
Mike Parker
The Firm
(901) 277-7275
78 in this area
268 Total Sales
About The Paperworks
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10167788
APN: 00-2105-B0-0059
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