NOT LISTED FOR SALE

421 S Main St Unit 301 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $173,000 - $225,000

1 Bed
1 Bath
915 Sq Ft
871 Sq Ft Lot

Last Sold November 05, 2020

Last sale price $168,000 $184 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,182/month

8 Days on Market

Highlights

  • Gated Parking
  • 4-minute walk to Central Station
  • Soft Contemporary Architecture
  • Updated Kitchen
  • Main Floor Primary Bedroom
  • 4-minute walk to Army Park

About This Home

As of November 2020

Very nice studio with large open space. 3 large windows provides plenty of natural light. Full size kitchen w/all appliances. Washer and Dryer included. Great closet space. Brick walls and Fireplace. One assigned parking space #8 in gated parking lot. Nice roof top with great views of the city. Located in the heart of South Main. Walking distance to Restaurants, Museums, Gallery's, Beale St, Fed Ex Forum, Orpheum and Trolley. Few short blocks to the River with walking/running trails.

Last Agent to Sell the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 10/08/2020

Last Buyer's Agent

Katrina Grubb

The Firm License #345727

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 871

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer

Interior Spaces

  • 915 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments

Kitchen

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

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer

Home Security

Parking

  • Detached Garage
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • Electric Water Heater

Additional Features

  • Wrought Iron Fence
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 002105 D00011

Community Details

Overview

  • Property has a Home Owners Association
  • $246 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Hot Line Lofts Community
  • Hotline Lofts Condominiums Subdivision
  • Property managed by Property Solutions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

871 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories), Upstairs - Flat
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HOTLINE LOFTS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 191
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 915
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Master Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Floors/Ceilings: Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer
  • Living Dining Kitchen: Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet

Exterior Features

  • Misc Exterior: Iron Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Gated Parking, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Electric
  • 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, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Hot Line Lofts
  • Management Company: Property Solutions

Fee Information

  • Monthly Maintenance Fee: 246

Lot Info

  • Lot Number: UNIT 301
  • Acreage: 0.02
  • Lot Size: 100 X 170

Tax Info

  • Assessor Parcel Number: 002105 D00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 5, 2020
Sold by
Rinderer Eric Egon and Rinderer Carla D
Bought by
Palmer Jonas and Palmer Leslie
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Katrina Grubb
The Firm
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%
Current Estimated Value
$198,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,824
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 1, 2019
Sold by
Petersen Cameron
Bought by
Rinderer Eric and Rinderer Carla D
Seller's Agent
Ashley Carter
Groome & Co.
Buyer's Agent
Susie Sneed
Sneed Company, REALTORS
List Price
$172,900
Sold Price
$165,000
Premium/Discount to List
-$7,900
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Illingworth David J and Illingworth Silvia M
Bought by
Petersen Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer Jonas $168,000 None Available
Rinderer Eric $165,000 Erickson Title & Closing Llc
Petersen Cameron $97,500 Tam Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petersen Cameron $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2020 11/05/20 Sold $168,000 -3.9% $184 / Sq Ft
10/08/2020 10/08/20 For Sale $174,900 +6.0% $191 / Sq Ft
03/01/2019 03/01/19 Sold $165,000 -4.6% $1,650 / Sq Ft View Prior Sale
01/04/2019 01/04/19 For Sale $172,900 -- $1,729 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,427 $54,500 $2,725 $51,775
2024 $1,427 $42,100 $2,725 $39,375
2023 $2,565 $42,100 $2,725 $39,375
2022 $2,565 $42,100 $2,725 $39,375
2021 $1,452 $42,100 $2,725 $39,375
2020 $1,884 $26,000 $2,725 $23,275
2019 $831 $26,000 $2,725 $23,275
2018 $831 $26,000 $2,725 $23,275
2017 $851 $26,000 $2,725 $23,275
2016 $1,065 $24,375 $0 $0
2014 $1,065 $24,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Haney

    Seller's Agent in 2020

    Kendall Haney

    901 Real Estate Services

    (901) 218-8887

    17 in this area

    84 Total Sales

    Kendall Haney
    Section Image
  • Katrina Grubb

    Buyer's Agent in 2020

    Katrina Grubb

    The Firm

    (901) 870-1650

    91 Total Sales

    Katrina Grubb
    Section Image

  • A

    Seller's Agent in 2019

    Ashley Carter

    Groome & Co.

    Section Image
  • Susie Sneed

    Buyer's Agent in 2019

    Susie Sneed

    Sneed Company, REALTORS

    (901) 212-6565

    1 in this area

    50 Total Sales

    Susie Sneed
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10086494

Memphis Area Association of REALTORS®

APN: 00-2105-D0-0011

Tennessee Shelby County Memphis 38103 South Main

421 S Main St Unit 301, Memphis, TN

Not Listed for Sale

Condos

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