NOT LISTED FOR SALE

417 S Main St Unit 101 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $206,000 - $244,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
479 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $260,000 $186 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,453/month

127 Days on Market

Highlights

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

About This Home

As of January 2024

Welcome to the Gallery at South Main. This loft-style condo has floor-to-ceiling windows right on the trolley line and South Main St., with 2 Bedrooms and 2 Bathrooms, exposed brick walls, and a two-story Living Area. It comes with 1 reserved garage parking space, #101, & 1 additional, unassigned, gated parking space. Be sure to check out the koi pond & gallery lobby area. The actual staircase was installed in lieu of the spiral staircase. New roof 2021, new HVAC 2017, new washer dryer 2018.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 09/09/2023

Last Buyer's Agent

Alicia Taylor

The Home Partners Realty License #361120

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1913

Lot Details

  • 479

Home Design

  • Traditional Architecture
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,248 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Lot
  • Unassigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Courtyard
  • Brick Fence
  • The property is located in a historic district

Community Details

  • Property has a Home Owners Association
  • $350 Maintenance Fee
  • Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, parking, reserve fund, trash collection, water/sewer
  • 16 Units
  • South Main Gallery Community
  • South Main Gallery Subdivision
  • Property managed by Keith Collins Mgmt

Listing and Financial Details

  • Assessor Parcel Number 002105 A00001

Property Details

Home Type

Condominium

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Cross Street: Nettleton
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH MAIN GALLERY
  • Condo: Yes
  • Historic District: South Main Street HP
  • Number Of Stories: 1
  • Price Per Sq Ft: 208.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1248
  • Year Built: 1913
  • List Price/ Sq Ft: 216
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Shared Bath, Level 2, Smooth Ceiling
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Elevator
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Smooth Ceiling

Exterior Features

  • Misc Exterior: Historic District, Courtyard, Sidewalks, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Gated Parking, Gate Clickers, Parking Lot, Assigned Parking, Unassigned Parking, Common Parking Garage

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Security: Dead Bolt Lock(s), Limited Access, Security Gate
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Reserve Fund, Trash Collection, Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: South Main Gallery
  • Management Company: Keith Collins Mgmt

Fee Information

  • Monthly Maintenance Fee: 350

Lot Info

  • Lot Description: Brick/Iron Fenced
  • Lot Number: UNIT 101*

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002105 A00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Jan 22, 2024
Sold by
Fava William and Fava Rebecca
Bought by
Skylark Holding Company Llc
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Alicia Taylor
The Home Partners Realty
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Views
508
Current Estimated Value
$241,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,185
Avg. Annual Appreciation
-2.78%

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 29, 2015
Sold by
Schwartz Scott
Bought by
Fava William and Fava Rebecca
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Mike Parker
The Firm
List Price
$169,500
Sold Price
$169,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$152,550
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2000
Sold by
Justman Arno C
Bought by
Schwartz Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
8.14%

Purchase Details

Closed on
Nov 15, 1994
Bought by
Justman Arno C
Source: Public Records

Range of Values:

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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
Skylark Holding Company Llc $260,000 Regency Title & Escrow
Fava William $169,500 None Available
Schwartz Scott $126,000 --
Justman Arno C $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fava William $152,550
Previous Owner Schwartz Scott D $40,000
Previous Owner Schwartz Scott D $99,000
Previous Owner Schwartz Scott D $102,000
Previous Owner Schwartz Scott $111,860
Previous Owner Schwartz Scott $100,800
Closed Schwartz Scott $12,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $260,000 -3.7% $217 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
09/09/2023 09/09/23 For Sale $269,900 +59.2% $225 / Sq Ft
05/29/2015 05/29/15 Sold $169,500 0.0% $141 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $169,500 -- $141 / 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 -- $63,100 $2,475 $60,625
2024 $1,548 $45,650 $2,475 $43,175
2023 $2,781 $45,650 $2,475 $43,175
2022 $2,781 $45,650 $2,475 $43,175
2021 $2,813 $45,650 $2,475 $43,175
2020 $2,936 $40,525 $2,475 $38,050
2019 $2,936 $40,525 $2,475 $38,050
2018 $2,936 $40,525 $2,475 $38,050
2017 $1,666 $40,525 $2,475 $38,050
2016 $1,606 $36,750 $0 $0
2014 $1,606 $36,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2024

    Mike Parker

    The Firm

    (901) 277-7275

    75 in this area

    264 Total Sales

    Section Image
  • Alicia Taylor

    Buyer's Agent in 2024

    Alicia Taylor

    The Home Partners Realty

    (901) 399-4752

    1 in this area

    43 Total Sales

    Section Image

  • N

    Seller's Agent in 2015

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156346

Memphis Area Association of REALTORS®

APN: 00-2105-A0-0001

Tennessee Shelby County Memphis 38103 South Main

417 S Main St Unit 101, Memphis, TN

This home is located at 417 S Main St Unit 101, Memphis, TN 38103 since 09 September 2023 and is currently estimated at $231,407, approximately $165 per square foot. This property was built in 1913. 417 S Main St Unit 101 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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