NOT LISTED FOR SALE

417 S Main St Unit 101 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $182,000 - $281,000

2 Beds
2 Baths
1,054 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $260,000 $247 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,341/month

110 Days on Market

Highlights

  • Traditional Architecture
  • Security Gate
  • Central Heating and Cooling System
  • 1 Car Attached Garage
  • Tile Flooring
  • 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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1913

Lot Details

  • 436 Sq Ft Lot

Parking

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

Home Design

  • Traditional Architecture
  • Property Attached
  • Built-Up Roof

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Ceiling Fan
  • Security Gate

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • South Main Gallery Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002105 A00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,781

Year Built

Built in 1913

Lot Details

436 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 1913
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator, Pantry
  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer, Range, Oven
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Built-Up
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached, Assigned, Parking Lot, Unassigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security Gate
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 002105 A00001
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2024
Closed on
Jan 22, 2024
Sold by
Fava William and Fava Rebecca
Bought by
Skylark Holding Company Llc
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Views
508
Current Estimated Value
$230,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,590
Avg. Annual Appreciation
-5.44%

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
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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 --
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 $100,800
Closed Schwartz Scott $12,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $260,000 -3.7% $247 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $269,900 +59.2% $256 / Sq Ft
05/29/2015 05/29/15 Sold $169,500 0.0% $141 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $169,500 -- $141 / Sq Ft
Source: Realtracs

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

  • N

    Seller's Agent in 2015

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Mike Parker

    Buyer's Agent in 2015

    Mike Parker

    The Firm

    (901) 277-7275

    73 in this area

    250 Total Sales

    Mike Parker
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Map

Source: Realtracs

MLS Number: 3036823

Realtracs

APN: 00-2105-A0-0001

Tennessee Shelby County Memphis 38103 South Main

417 S Main St Unit 101, Memphis, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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