NOT LISTED FOR SALE

413 S Main St Unit 203 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $232,000 - $278,000

1 Bed
1 Bath
1,200-1,399 Sq Ft
566 Sq Ft Lot

Last Sold April 25, 2017

Last sale price $175,000 $125 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,493/month

39 Days on Market

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Wood Flooring
  • Gated Parking
  • Traditional Architecture
  • 5-minute walk to Army Park

About This Home

As of April 2017

Amazing 1 Bedroom 1 Bath condo in the Farrington building on South Main. Original wood floors, updated kitchen, exposed brick, true one bedroom with lots of character. This is rare unit with a view of the trolley line. The building has common laundry room on each floor, amazing rooftop deck with gas grills and breathtaking views of the downtown skyline. Plus this unit has 2 gated parking spots!!

Last Agent to Sell the Property

Kathryn Garland

Crye-Leike, Inc., REALTORS License #303945 Listed on: 02/24/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Christy Giles

Keller Williams License #335243

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1910

Lot Details

  • 566

Home Design

  • Traditional Architecture
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,212 Sq Ft Home
  • 1-Story Property
  • Great Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Wrought Iron Fence
  • The property is located in a historic district

Community Details

  • Property has a Home Owners Association
  • $371 Maintenance Fee
  • Mid-Rise Condominium
  • Wm Farrington Condo Subdivision
  • Property managed by Keith Collins

Listing and Financial Details

  • Assessor Parcel Number 002105 C00008

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,570

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: WILLIAM FARRINGTON
  • Condo: Yes
  • List Price Per Sq Ft: 144
  • Number Of Stories: 1
  • Price Per Sq Ft: 144.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1212
  • Year Built: 1910
  • 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: 1200-1399
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen
  • Misc Interior: Elevator
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District
  • Exterior Windows: Brick Veneer
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking Storage: Gated Parking, Assigned Parking

Utilities

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

Association/Amenities

  • Condominium Association: Yes
  • Management Company: Keith Collins

Fee Information

  • Monthly Maintenance Fee: 371

Lot Info

  • Lot Description: Iron Fenced
  • Lot Number: 203

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002105 C00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2019
Sold by
Cole Victoria Jenkins
Bought by
Cole John Morgan
Current Estimated Value
$248,731

Purchase Details

Listed on
Feb 24, 2017
Closed on
Apr 25, 2017
Sold by
Chapital Shaun and Chapital Raushanah A
Bought by
Cole John Morgan
Seller's Agent
Kathryn Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Christy Giles
Keller Williams
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$166,250
Outstanding Balance
$139,976
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$112,777

Purchase Details

Closed on
Aug 27, 2003
Sold by
413 South Main Apartments
Bought by
Chapital Shaun and Chapital Raushanah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Cole John Morgan -- None Available
Cole John Morgan $176,000 None Available
Chapital Shaun $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole John Morgan $166,250
Previous Owner Chapital Shaun $144,000
Closed Chapital Shaun $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $175,000 0.0% $146 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $175,000 -- $146 / 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 $1,570 $65,800 $2,850 $62,950
2024 $1,570 $46,325 $2,850 $43,475
2023 $2,822 $46,325 $2,850 $43,475
2022 $2,822 $46,325 $2,850 $43,475
2021 $2,855 $46,325 $2,850 $43,475
2020 $2,348 $32,400 $2,850 $29,550
2019 $2,348 $32,400 $2,850 $29,550
2018 $2,348 $32,400 $2,850 $29,550
2017 $1,332 $32,400 $2,850 $29,550
2016 $1,385 $31,700 $0 $0
2014 $1,385 $31,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9996338

Memphis Area Association of REALTORS®

APN: 00-2105-C0-0008