NOT LISTED FOR SALE

The Paperworks 408 S Front St Unit 511 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $184,000 - $214,000

1 Bed
2 Baths
2,555 Sq Ft
610 Sq Ft Lot

Last Sold December 05, 2020

Last sale price $162,000 $63 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,267/month

4 Days on Market

Highlights

  • Gated Parking
  • 2 Fireplaces
  • Some Wood Windows
  • Traditional Architecture
  • End Unit
  • 5-minute walk to Army Park

About This Home

As of December 2020

This home is located at 408 S Front St Unit 511, Memphis, TN 38103 since 01 December 2020 and is currently estimated at $205,409, approximately $80 per square foot. This property was built in 1912. 408 S Front St Unit 511 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.

Last Agent to Sell the Property

Penne McWaters

McWaters & Associates License #274629 Listed on: 12/01/2020

Last Buyer's Agent

Penne McWaters

McWaters & Associates License #274629 Listed on: 12/01/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1912

Lot Details

  • 610

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,555 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Some Wood Windows
  • Concrete Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Covered Space
  • Gated Parking

Additional Features

  • End Unit
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $216 Maintenance Fee
  • Paperworks Lofts Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002105 B00060C

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,364

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: PAPERWORKS LOFTS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Price Per Sq Ft: 63.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2555
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor
  • Full Bathrooms: 2
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 216

Lot Info

  • Lot Number: 511

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002105 B00060C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Dec 4, 2020
Sold by
Chandler Charles Lee and Chandler Claire L
Bought by
Mcwaters Penne
Seller's Agent
Penne McWaters
McWaters & Associates
Buyer's Agent
Penne McWaters
McWaters & Associates
List Price
$162,000
Sold Price
$162,000
Total Days on Market
4
Current Estimated Value
$205,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,409
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Mar 13, 2009
Sold by
Hicks Shea Obrien
Bought by
Vining Judy Ann

Purchase Details

Closed on
Mar 28, 2002
Sold by
Front Redevelopment Co Inc
Bought by
Hicks Shea Obrien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,300
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
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
Mcwaters Penne $162,000 Executive Title & Closing
Vining Judy Ann $175,000 Chicago Title Ins Co
Hicks Shea Obrien $151,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Shea Obrien $160,500
Previous Owner Hicks Shea Obrien $156,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2020 12/05/20 Sold $162,000 0.0% $63 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $162,000 -- $63 / 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 $1,364 $55,350 $3,000 $52,350
2024 $1,364 $40,250 $3,000 $37,250
2023 $2,452 $40,250 $3,000 $37,250
2022 $2,452 $40,250 $3,000 $37,250
2021 $2,481 $40,250 $3,000 $37,250
Source: Public Records

Agents Affiliated with this Home

  • Penne McWaters

    Seller's Agent in 2020

    Penne McWaters

    McWaters & Associates

    (901) 634-1215

    6 in this area

    37 Total Sales

    Penne McWaters
    Section Image
See All Agents

About The Paperworks

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090898

Memphis Area Association of REALTORS®

APN: 00-2105-B0-0064

Tennessee Shelby County Memphis 38103 South Main

408 S Front St Unit 511, Memphis, TN

This home is located at 408 S Front St Unit 511, Memphis, TN 38103 since 01 December 2020 and is currently estimated at $205,409, approximately $80 per square foot. This property was built in 1912. 408 S Front St Unit 511 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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