NOT LISTED FOR SALE

417 S Main St Unit 304 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $202,000 - $252,000

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

Last Sold November 12, 2019

Last sale price $178,000 $148 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,357/month

1 Day on Market

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Great Room
  • Gated Parking
  • Main Floor Primary Bedroom
  • 5-minute walk to Army Park

About This Home

As of November 2019

All the things you are looking for in a downtown condo in South Main. Exposed brick, soaring ceilings, tons of natural lights. This unique atrium building offers plants, a fountain and is on the trolley line. Gated parking w/1 outside spot and 1 of the largest assigned garage space; room enough for storage. Washer/dryer connection in the unit. Large bathroom. Custom built-in storage cabinet in living area. 2nd bedroom has been divided for a TV room/office. Roof top w/great views. Elevator.

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 10/02/2019

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Loyd Templeton

Ware Jones, REALTORS License #250603

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1912

Lot Details

  • 479

Home Design

  • Traditional Architecture
  • Built-Up Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,050 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Basement Fills Entire Space Under The House
  • Security Gate

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

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

Location

  • Upper Level
  • The property is located in a historic district

Additional Features

  • Courtyard
  • Brick Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002105 A00015

Community Details

Overview

  • Property has a Home Owners Association
  • $282 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • 16 Units
  • Mid-Rise Condominium
  • South Main Gallery Community
  • South Main Gallery Subdivision

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,508

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories), Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH MAIN GALLERY
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 167
  • Number Of Stories: 1
  • Price Per Sq Ft: 169.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1050
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Carpet, Vinyl Floor, Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Washer/Dryer Connections
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Historic District, Courtyard, Sidewalks, Fire Escape
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

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

Utilities

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

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 282

Lot Info

  • Lot Description: Level, Brick/Iron Fenced
  • Lot Number: UNIT 304*

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002105 A00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 12, 2019
Sold by
Baker Stephen Ray
Bought by
Mathews Martin C
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Loyd Templeton
Ware Jones, REALTORS
List Price
$175,000
Sold Price
$178,000
Premium/Discount to List
$3,000
1.71%
Current Estimated Value
$224,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,783
Avg. Annual Appreciation
4.15%
Original Mortgage
$142,400
Outstanding Balance
$113,062
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$111,799

Purchase Details

Closed on
Jul 18, 2002
Sold by
Fallieras George N
Bought by
Lam Evelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Mathews Martin C $178,000 None Available
Lam Evelia $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Martin C $142,400
Previous Owner Baker Stephen Ray $22,750
Previous Owner Baker Stephen Ray $120,000
Previous Owner Baker Stephen Ray $10,000
Previous Owner Lam Evelia $70,000
Previous Owner Baker Stephen Ray $84,000
Previous Owner Baker Stephen R $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $178,000 +1.7% $178 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $175,000 -- $175 / 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 $1,508 $56,525 $2,375 $54,150
2024 $1,508 $44,475 $2,375 $42,100
2023 $2,709 $44,475 $2,375 $42,100
2022 $2,709 $44,475 $2,375 $42,100
2021 $1,534 $44,475 $2,375 $42,100
2020 $2,734 $37,725 $2,375 $35,350
2019 $1,206 $37,725 $2,375 $35,350
2018 $1,206 $37,725 $2,375 $35,350
2017 $1,234 $37,725 $2,375 $35,350
2016 $1,552 $35,525 $0 $0
2014 $1,552 $35,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2019

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    44 in this area

    359 Total Sales

    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2019

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    44 in this area

    351 Total Sales

    Section Image
  • Loyd Templeton

    Buyer's Agent in 2019

    Loyd Templeton

    Ware Jones, REALTORS

    (901) 336-1963

    3 in this area

    68 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063198

Memphis Area Association of REALTORS®

APN: 00-2105-A0-0015

Tennessee Shelby County Memphis 38103 South Main

417 S Main St Unit 304, Memphis, TN

This home is located at 417 S Main St Unit 304, Memphis, TN 38103 since 02 October 2019 and is currently estimated at $221,278, approximately $184 per square foot. This property was built in 1912. 417 S Main St Unit 304 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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