NOT LISTED FOR SALE

413 S Main St Unit 206 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $205,000 - $253,693

1 Bed
1 Bath
1,000-1,199 Sq Ft
479 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $252,000 $210 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,463/month

39 Days on Market

Highlights

  • The property is located in a historic district
  • Waterfront
  • Traditional Architecture
  • Updated Kitchen
  • Vaulted Ceiling
  • 5-minute walk to Army Park

About This Home

As of November 2022

Nestled Downtown, this fantastic condo is located in Historic Art District of S Main Street convenient to restaurants, Beale Street, & more! This 2nd floor condo features an open floor plan, highlighted by exposed brick, HW floors, & soaring ceilings. Great RM flows into the dining area & then the kitchen w/SS appliances & tons of cabinet space. Spacious BR includes a walk-in closet & a large full bath. Same floor laundry RM. Rooftop deck w/grilling area, patio area & views of Memphis Bridge!

Last Agent to Sell the Property

Bill Stewart

REMAX Experts License #271777 Listed on: 09/02/2022

REMAX Experts

Last Buyer's Agent

John Moore

Keller Williams License #338713

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1910

Lot Details

  • 479

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,131 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Great Room
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Detached Garage
  • Carport
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Gas Grill

Additional Features

  • Waterfront
  • The property is located in a historic district
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $321 Maintenance Fee
  • Mid-Rise Condominium
  • Wm Farrington Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002105 C00011

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,407

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: 238
  • Number Of Stories: 1
  • Price Per Sq Ft: 222.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1131
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: Walk-In Closet(s)
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Gas Grill, Historic District, Balcony
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Assigned Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Water Front
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 321

Lot Info

  • Lot Description: Level
  • Lot Number: 206

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002105 C00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 3, 2022
Sold by
Walls Melanie Jones
Bought by
Rudolph Stacy Logan
Seller's Agent
Bill Stewart
REMAX Experts
Buyer's Agent
John Moore
Keller Williams
List Price
$269,000
Sold Price
$252,000
Premium/Discount to List
-$17,000
-6.32%
Views
8
Current Estimated Value
$245,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,078
Avg. Annual Appreciation
-1.39%
Original Mortgage
$189,000
Outstanding Balance
$183,066
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$59,418

Purchase Details

Closed on
Aug 15, 2003
Sold by
413 South Main Apartments
Bought by
Jones Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.5%
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
Rudolph Stacy Logan $252,000 Home Surety Title & Escrow
Jones Melanie $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudolph Stacy Logan $189,000
Previous Owner Walls Melanie Renae $115,500
Previous Owner Walls Melanie R $141,500
Previous Owner Stepping Stones Management Group Llc $100,000
Previous Owner Jones Melanie R $33,200
Previous Owner Jones Melanie R $136,330
Previous Owner Jones Melanie $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $252,000 -6.3% $252 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $269,000 -- $269 / 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 $1,407 $101,680 $3,920 $97,760
2024 $1,407 $41,500 $2,450 $39,050
2023 $2,528 $41,500 $2,450 $39,050
2022 $2,528 $41,500 $2,450 $39,050
2021 $2,558 $41,500 $2,450 $39,050
2020 $2,225 $30,700 $2,450 $28,250
2019 $2,225 $30,700 $2,450 $28,250
2018 $2,225 $30,700 $2,450 $28,250
2017 $1,262 $30,700 $2,450 $28,250
2016 $1,311 $30,000 $0 $0
2014 $1,311 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133787

Memphis Area Association of REALTORS®

APN: 00-2105-C0-0011