$295,000
SOLD SEP 19, 2012

435 S Front St Unit 403 Memphis, TN 38103

South Main Neighborhood
2 Beds
2.5 Baths
2,000-2,199 Sq Ft
610 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

9% Below List Price

48 Days on Market

Highlights

  • Water Views
  • 5-minute walk to Central Station
  • Clubhouse
  • The property is located in a historic district
  • Sitting Area In Primary Bedroom
  • 3-minute walk to Butler Park

About This Home

As of October 2018

Condo living at its best! 2 BD/2.5 BA penthouse in most sought after bldg - Nettleton. Kitchen has SS appls, granite counters & a breakfast bar.Other features incld: beautiful hardwoods, open layout, HUGE bonus room,w/d stays & 3 balconies w/amazing views

Last Agent to Sell the Property

Sue Tines

901 Real Estate Services License #15227 Listed on: 06/28/2012

Last Buyer's Agent

Richard Travers

Crye-Leike, Inc., REALTORS License #234229

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1915

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,034 Sq Ft Home
  • 1.2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Bonus Room
  • Water Views
  • Monitored

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 2 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Enclosed Balcony
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • End Unit
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002094 B00031

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Nettleton Community
  • Nettleton Condominium The Subdivision
  • Property managed by Keith Collins Compan

Additional Features

  • Clubhouse
  • Building Fire Alarm

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,226

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: THE NETTLETON
  • Condo: Yes
  • Historic District: South Main Street HP
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 145.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2034
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Elevator, Vent Hood/Exhaust Fan, Common Basement
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Historic District, Balcony, Enclosed Balcony, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Casement Window(s)
  • Foundation: Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gate Clickers, Parking Lot, Assigned Parking, On-Street Parking

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Electric, Dual System
  • Security: Fire Alarm, Monitored Alarm System, Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Clubhouse, Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Nettleton
  • Management Company: Keith Collins Compan

Lot Info

  • Lot Number: UNIT 403
  • Lot Size: unspecified

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002094 B00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 29, 2018
Sold by
Costa John and Costa Karen
Bought by
White Janika N
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Current Estimated Value
$440,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,676
Avg. Annual Appreciation
2.44%
Original Mortgage
$375,000
Outstanding Balance
$332,183
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$109,483

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 19, 2012
Sold by
Cranston Sean
Bought by
Costa John and Costa Karen
Seller's Agent
Sue Tines
901 Real Estate Services
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$236,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Merchants & Farmers Bank
Bought by
Cranston Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,601
Interest Rate
5.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2009
Sold by
Nettleton Lp
Bought by
Merchants & Farmers Bank
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $37,500 Preferred Title & Escrow Llc
Warranty Deed $295,000 Multiple
Special Warranty Deed $253,000 Shaw Title & Closing Service
Trustee Deed $5,000,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Adjustable Rate Mortgage/ARM
Previous Owner $236,000 New Conventional
Previous Owner $230,601 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $375,000 -3.8% $188 / Sq Ft
09/05/2018 09/05/18 For Sale $390,000 +32.2% $195 / Sq Ft
09/19/2012 09/19/12 Sold $295,000 -9.2% $148 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $325,000 -- $163 / 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 $3,226 $120,450 $2,925 $117,525
2024 $3,226 $95,175 $2,925 $92,250
2023 $5,798 $95,175 $2,925 $92,250
2022 $5,798 $95,175 $2,925 $92,250
2021 $6,891 $95,175 $2,925 $92,250
2020 $5,625 $77,625 $2,925 $74,700
2019 $2,481 $77,625 $2,925 $74,700
2018 $2,481 $77,625 $2,925 $74,700
2017 $2,539 $77,625 $2,925 $74,700
2016 $3,223 $73,750 $0 $0
2014 $3,223 $73,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3250720

Memphis Area Association of REALTORS®

APN: 00-2094-B0-0031