NOT LISTED FOR SALE

417 S Main St Unit 302 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $230,000 - $302,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
610 Sq Ft Lot

Last Sold May 06, 2016

Last sale price $165,000 $118 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,572/month

7 Days on Market

Highlights

  • 24-Hour Security
  • Clubhouse
  • Breakfast Room
  • Gated Parking
  • Traditional Architecture
  • 5-minute walk to Army Park

About This Home

As of May 2016

Its all about LOCATION! This 2 Bedroom 1 Ba Condo is located in the Historic South Main Arts District on Main Street. The condo features, SS appliances, concrete floors, soaring swing windows with a view to the Main Street trolley line. 1 gated covered parking space in the garage. Storage is available above the closets in the bedrooms.

Last Agent to Sell the Property

Victoria Fleming

Keller Williams License #331314 Listed on: 03/30/2016

Keller Williams

Last Buyer's Agent

Emily Sharp

Crye-Leike, Inc., REALTORS License #309916

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1991

Lot Details

  • 610

Home Design

  • Traditional Architecture
  • Soft Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,296 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Breakfast Room
  • Slate Flooring
  • Iron Doors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002105 A00013

Community Details

Overview

  • Property has a Home Owners Association
  • $327 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, reserve fund, parking
  • Mid-Rise Condominium
  • South Main Gallery Community
  • South Main Gallery Subdivision
  • Property managed by LEDIC

Additional Features

  • Clubhouse
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,813

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional, Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH MAIN GALLERY
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 127
  • Number Of Stories: 1
  • Price Per Sq Ft: 127.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1296
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Built-In Cabinets/Bkcases
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Slate
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Breakfast Bar, Separate Breakfast Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Built-In Cabinets/Bkcases

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Full Time Guard Service
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: South Main Gallery
  • Management Company: LEDIC

Fee Information

  • Monthly Maintenance Fee: 327

Lot Info

  • Lot Number: UNIT 302*

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002105 A00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 4, 2016
Sold by
Rhodes Sheryll Lynn
Bought by
Bedini Naya
Seller's Agent
Victoria Fleming
Keller Williams
Buyer's Agent
Emily Sharp
Crye-Leike, Inc., REALTORS
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$259,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,596
Avg. Annual Appreciation
5.18%
Original Mortgage
$156,750
Outstanding Balance
$125,846
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$137,685

Purchase Details

Closed on
Dec 10, 1999
Sold by
Bray Jeffrey F and Bray J
Bought by
Rhodes Sheryll Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.99%

Purchase Details

Closed on
Aug 3, 1998
Sold by
Quigless Kirk C and Quigless Brown R
Bought by
Bray Jeffrey F and Bray Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.97%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Quigless Kirk C and Quigless Brown R
Bought by
Bray Jeffrey F and Bray Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.97%
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
Bedini Naya $165,000 None Available
Rhodes Sheryll Lynn $100,000 --
Bray Jeffrey F $80,000 --
Bray Jeffrey F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedini Naya $156,750
Previous Owner Rhodes Sheryll Lynn $66,444
Previous Owner Rhodes Sheryll Lynn $80,000
Previous Owner Bray Jeffrey F $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $165,000 0.0% $138 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $165,000 0.0% $138 / Sq Ft
09/24/2015 09/24/15 Rented $1,250 0.0% --
09/24/2015 09/24/15 Under Contract -- -- --
09/15/2015 09/15/15 For Rent $1,250 -- --
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 $1,813 $67,875 $3,075 $64,800
2024 $1,813 $53,475 $3,075 $50,400
2023 $3,258 $53,475 $3,075 $50,400
2022 $3,258 $53,475 $3,075 $50,400
2021 $3,296 $53,475 $3,075 $50,400
2020 $4,703 $44,350 $3,075 $41,275
2019 $3,214 $44,350 $3,075 $41,275
2018 $3,214 $44,350 $3,075 $41,275
2017 $1,823 $44,350 $3,075 $41,275
2016 $1,967 $45,000 $0 $0
2014 $1,967 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Victoria Fleming

    Keller Williams

    (901) 494-5554

    2 in this area

    33 Total Sales

    Section Image

  • E

    Buyer's Agent in 2016

    Emily Sharp

    Crye-Leike

  • S

    Seller's Agent in 2015

    Sue Tines

    901 Real Estate Services

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9973779

Memphis Area Association of REALTORS®

APN: 00-2105-A0-0013

Tennessee Shelby County Memphis 38103 South Main

417 S Main St Unit 302, Memphis, TN

This home is located at 417 S Main St Unit 302, Memphis, TN 38103 since 30 March 2016 and is currently estimated at $258,847, approximately $185 per square foot. This property was built in 1991. 417 S Main St Unit 302 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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