NOT LISTED FOR SALE

465 S Main St Unit 202 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $316,000 - $413,000

2 Beds
2 Baths
1,598 Sq Ft
1,307 Sq Ft Lot

Last Sold September 28, 2017

Last sale price $279,900 $175 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,249/month

13 Days on Market

Highlights

  • The property is located in a historic district
  • 3-minute walk to Central Station
  • Soft Contemporary Architecture
  • Updated Kitchen
  • Wood Flooring
  • 4-minute walk to Butler Park

About This Home

As of September 2017

You must see this 2 BR + Flex, 2 BA condo w/recently renovated master bath and custom fireplace in the living room. The master bath is stunning with all new floors, counter tops, sinks, lighting and a huge walk-in shower. The fireplace was also redone with built-ins and lighting added as well as new tile. These are top notch upgrades with no expense spared. The flex room has closets and is large enough to be a 3rd bedroom. 2 assigned parking spots in the private attached garage for the building.

Last Agent to Sell the Property

Stephanie Cobb

Bridge Realty Memphis License #326704 Listed on: 08/14/2017

Last Buyer's Agent

Saeed Nia

Crye-Leike Commercial License #262340

Crye-Leike Commercial

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 2008

Lot Details

  • 1,307

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Loft

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002106 A00003

Community Details

Overview

  • Property has a Home Owners Association
  • $391 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, management fees, exterior insurance, reserve fund
  • 15 Units
  • Mid-Rise Condominium
  • Machine Shop Community
  • Machine Shop Condominiums 1St Amen Subdivision
  • Property managed by EZR

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,565

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: MACHINE SHOP CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 175
  • Number Of Stories: 1
  • Price Per Sq Ft: 175.16
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1598
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: Renovated Bathroom, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Office/Sewing Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District, Balcony
  • Exterior Windows: Brick Veneer
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage, Gate Clickers, Assigned Parking, Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Limited Access
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Management Fees, Exterior Insurance, Reserve Fund
  • Condominium Association: Yes
  • Condominium Name: Machine Shop
  • Management Company: EZR

Fee Information

  • Monthly Maintenance Fee: 391

Lot Info

  • Lot Number: UNIT 202
  • Acreage: 0.03
  • Price Per Acre: 9330000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002106 A00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 28, 2017
Sold by
Elsenrath Michael C
Bought by
Friedman Hyman Jay and Friedman Georgia
Seller's Agent
Stephanie Cobb
Bridge Realty Memphis
Buyer's Agent
Saeed Nia
Crye-Leike Commercial
List Price
$289,900
Sold Price
$279,900
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$365,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,436
Avg. Annual Appreciation
3.74%
Original Mortgage
$223,920
Outstanding Balance
$188,574
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$183,276

Purchase Details

Closed on
Oct 23, 2009
Sold by
Trust One Bank
Bought by
Elsenrath Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,600
Interest Rate
2.87%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Friedman Hyman Jay $279,900 Realty Title
Elsenrath Michael C $184,500 Executive Title & Closing In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Jay $50,000
Open Friedman Hyman Jay $223,920
Previous Owner Elsenrath Michael C $142,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2017 09/28/17 Sold $279,900 -3.4% $175 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $289,900 -- $181 / 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 $2,565 $89,700 $5,075 $84,625
2024 $2,565 $75,675 $5,075 $70,600
2023 $4,610 $75,675 $5,075 $70,600
2022 $4,610 $75,675 $5,075 $70,600
2021 $4,664 $75,675 $5,075 $70,600
2020 $3,931 $54,250 $5,075 $49,175
2019 $3,931 $54,250 $5,075 $49,175
2018 $3,931 $54,250 $5,075 $49,175
2017 $2,230 $54,250 $5,075 $49,175
2016 $2,248 $51,450 $0 $0
2014 $2,248 $51,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Cobb

    Seller's Agent in 2017

    Stephanie Cobb

    Bridge Realty Memphis

    (901) 550-9301

    Section Image
  • Saeed Nia

    Buyer's Agent in 2017

    Saeed Nia

    Crye-Leike

    (901) 337-1020

    76 Total Sales

    Saeed Nia
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009120

Memphis Area Association of REALTORS®

APN: 00-2106-A0-0003

Tennessee Shelby County Memphis 38103 South Main

465 S Main St Unit 202, Memphis, TN

This home is located at 465 S Main St Unit 202, Memphis, TN 38103 since 14 August 2017 and is currently estimated at $365,336, approximately $228 per square foot. This property was built in 2008. 465 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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