NOT LISTED FOR SALE

421 S Main St Unit 202 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $227,000 - $256,000

1 Bed
1 Bath
1,200-1,399 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 13, 2012

Last sale price $120,000 $86 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,466/month

138 Days on Market

Highlights

  • The property is located in a historic district
  • 4-minute walk to Central Station
  • Contemporary Architecture
  • Updated Kitchen
  • Deck
  • 4-minute walk to Army Park

About This Home

As of June 2012

HOTLINE LOFTS - A ROOM WITH A VIEW! Downtown living at its best! Soaring ceilings, exposed antique brick & wood beams, gleaming wood flrs. Your ideal New York style loft with all the modern amenities! Drama galore & lots of natural light!

Last Agent to Sell the Property

Mark Thomas

Keller Williams License #237466 Listed on: 01/18/2012

Last Buyer's Agent

Sue Tines

901 Real Estate Services License #15227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 1912

Lot Details

  • 828

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,370 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • Burglar Security System
  • Security Gate

Parking

  • 1 Parking Space
  • Driveway
  • Guest Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Additional Features

  • Deck
  • Lot Dimensions are 100 x 170
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002105 D00006

Community Details

Overview

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance
  • Mid-Rise Condominium
  • Hotline Lofts Condominiums 1St Amendment Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,737

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: HOTLINE LOFTS CONDOMINIUMS
  • Condo: Yes
  • Freestanding: Yes
  • Historic District: South Main Street HP
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1370
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Deck, Historic District
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional, Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Parking Lot, Designated Guest Parking

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Security: Burglar Alarm, Security Gate, Dead Bolt Lock(s)

Association/Amenities

  • Condo Amenities: On-Site Storage
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Number: UNIT 202
  • Lot Size: 100 X 170

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002105 D00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2012
Closed on
Jun 13, 2012
Sold by
Kesser Peter H
Bought by
Rail Janet L
Seller's Agent
Mark Thomas
Keller Williams
Buyer's Agent
Sue Tines
901 Real Estate Services
List Price
$154,900
Sold Price
$120,000
Premium/Discount to List
-$34,900
-22.53%
Current Estimated Value
$241,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,411
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Aug 15, 2006
Sold by
Gordon David R and Gordon Diane S
Bought by
Kesser Peter H
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
Rail Janet L $120,000 Executive Title & Closing In
Kesser Peter H $289,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rail Janet L $23,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2012 06/13/12 Sold $120,000 -22.5% $100 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $154,900 -- $129 / 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 $1,737 $65,075 $4,075 $61,000
2024 $1,737 $51,250 $4,075 $47,175
2023 $3,122 $51,250 $4,075 $47,175
2022 $3,122 $51,250 $4,075 $47,175
2021 $3,159 $51,250 $4,075 $47,175
2020 $2,319 $32,000 $4,075 $27,925
2019 $2,319 $32,000 $4,075 $27,925
2018 $2,319 $32,000 $4,075 $27,925
2017 $1,315 $32,000 $4,075 $27,925
2016 $1,264 $28,925 $0 $0
2014 $1,264 $28,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Thomas

    Keller Williams

  • S

    Buyer's Agent in 2012

    Sue Tines

    901 Real Estate Services

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3239074

Memphis Area Association of REALTORS®

APN: 00-2105-D0-0006

Tennessee Shelby County Memphis 38103 South Main

421 S Main St Unit 202, Memphis, TN

This home is located at 421 S Main St Unit 202, Memphis, TN 38103 since 18 January 2012 and is currently estimated at $246,202, approximately $175 per square foot. This property was built in 1912. 421 S Main St Unit 202 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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