NOT LISTED FOR SALE

417 S Main St Unit 104 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $205,000 - $257,000

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

Last Sold November 20, 2017

Last sale price $162,000 $135 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,383/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • Marble Flooring
  • 1 Car Attached Garage
  • Gated Parking
  • Whirlpool Bathtub
  • 5-minute walk to Army Park

About This Home

As of November 2017

Check out this well-designed first-floor condo in the South Main Gallery in Historic South Main. This unit has fresh paint throughout, tankless water heater, & a jetted tub in the master bath. Features incl exposed brick, 17 foot ceilings, & an iconic spiral staircase re-purposed from the YMCA. The building amenities include an open-air lobby atrium, rooftop deck with river views, plus 1 assigned parking space in the garage, & 1 unassigned parking space in the gated lot behind the building.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 10/10/2017

Last Buyer's Agent

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1989

Lot Details

  • Wrought Iron Fence
  • Chain Link Fence

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,045 Sq Ft Home
  • 1.4-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Combination Dining and Living Room
  • Shared Basement
  • Security Gate

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Gated Parking
  • Assigned Parking
  • Unassigned Parking

Location

  • The property is located in a historic district

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 002105 A00004

Community Details

Overview

  • Property has a Home Owners Association
  • $286 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance
  • Mid-Rise Condominium
  • South Main Gallery Community
  • South Main Gallery Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,548

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: Huling
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH MAIN GALLERY
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 158
  • Number Of Stories: 1.4
  • Price Per Sq Ft: 155.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1045
  • Year Built: 1989
  • 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
  • Additional Bedroom Bathroom Info: Primary Up, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 1
  • Floors/Ceilings: Part Hardwood, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Smoke Detector(s), Elevator, Common Basement
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • Primary Bathroom Description: Whirlpool Tub, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 2, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District, Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Back-Load Garage, Gated Parking, Gate Clickers, Assigned Parking, Unassigned Parking

Utilities

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

Association/Amenities

  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: South Main Gallery

Fee Information

  • Monthly Maintenance Fee: 286

Lot Info

  • Lot Description: Chain Fenced, Iron Fenced
  • Lot Number: UNIT 104*

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 A00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Cleland Mark L and Cleland Tonia G
Bought by
North Kelsey C and North James A
Current Estimated Value
$229,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$113,108
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$116,041

Purchase Details

Listed on
Oct 10, 2017
Closed on
Nov 17, 2017
Sold by
Lowry Abigail M
Bought by
Cleland Kelsey Caroline
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
List Price
$164,900
Sold Price
$162,000
Premium/Discount to List
-$2,900
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$153,900
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 14, 2016
Sold by
Hatcher William M
Bought by
Lowry Abigail M
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Amanda Lott
BHHS McLemore & Co., Realty
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$147,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 1997
Sold by
South Bluffs Development Associates
Bought by
Hatcher William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,850
Interest Rate
7.97%
Mortgage Type
FHA
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
North Kelsey C -- None Available
Cleland Kelsey Caroline $162,000 Close Track Closing & Title
Lowry Abigail M $155,000 Realty Title
Hatcher William M $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Kelsey C $152,000
Previous Owner North Kelsey C $152,000
Previous Owner Cleland Kelsey Caroline $153,900
Previous Owner Lowry Abigail M $147,250
Previous Owner Hatcher William M $117,000
Previous Owner Hatcher William M $25,000
Previous Owner Hatcher William M $10,000
Previous Owner Hatcher William M $104,060
Previous Owner Hatcher William M $23,000
Previous Owner Hatcher William M $75,000
Previous Owner Hatcher William M $73,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $162,000 -1.8% $162 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $164,900 +6.4% $165 / Sq Ft
07/14/2016 07/14/16 Sold $155,000 0.0% $155 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $155,000 -- $155 / 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 $1,548 $57,975 $2,475 $55,500
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 $2,802 $38,675 $2,475 $36,200
2019 $1,236 $38,675 $2,475 $36,200
2018 $1,236 $38,675 $2,475 $36,200
2017 $1,265 $38,675 $2,475 $36,200
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 2017

    Mike Parker

    The Firm

    (901) 277-7275

    75 in this area

    264 Total Sales

    Section Image
  • Joyce McKenzie

    Buyer's Agent in 2017

    Joyce McKenzie

    Crye-Leike

    (901) 286-7110

    1 in this area

    209 Total Sales

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  • Amanda Lott

    Seller's Agent in 2016

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    44 in this area

    359 Total Sales

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  • Carol Lott

    Seller Co-Listing Agent in 2016

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    44 in this area

    351 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10013267

Memphis Area Association of REALTORS®

APN: 00-2105-A0-0004

Tennessee Shelby County Memphis 38103 South Main

417 S Main St Unit 104, Memphis, TN

This home is located at 417 S Main St Unit 104, Memphis, TN 38103 since 10 October 2017 and is currently estimated at $226,753, approximately $189 per square foot. This property was built in 1989. 417 S Main St Unit 104 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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