NOT LISTED FOR SALE

465 S Main St Unit 205 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $313,000 - $409,000

2 Beds
2 Baths
1,800-1,999 Sq Ft
1,742 Sq Ft Lot

Last Sold March 27, 2020

Last sale price $315,000 $158 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,281/month

7 Days on Market

Highlights

  • The property is located in a historic district
  • 3-minute walk to Central Station
  • Wood Flooring
  • Gated Parking
  • Traditional Architecture
  • 4-minute walk to Butler Park

About This Home

As of March 2020

Modern up scale living among the historic South Main District. Machine Shop is downtown living at its finest. This condo has, gorgeous hardwood floors, granite & stainless kitchen appliances, bonus room, high ceilings, fire place, balcony off dining room, smart lights and blinds, surround sound, and two private covered parking spots. Excellent layout.

Last Agent to Sell the Property

Crystal Mitchell

Renshaw Company, REALTORS License #346815 Listed on: 01/31/2020

Last Buyer's Agent

Virginia Sharp

Ware Jones, REALTORS License #267532

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 2008

Lot Details

  • 1,742

Home Design

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

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,790 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Open Floorplan
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Keeping Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • 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
  • Whirlpool Bathtub

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002106 A00006

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,848

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: MACHINE SHOP CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 184
  • Number Of Stories: 1
  • Price Per Sq Ft: 175.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1790
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Gas Cooking, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Pantry, Washer/Dryer Connections, Kit/DR Combo, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Bonus Room, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Historic District, Balcony, Sidewalks
  • Exterior Windows: Aluminum Window(s), Double Pane Window(s)
  • Foundation: Conventional, Full Basement
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage, Gated Parking, Assigned Parking

Utilities

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

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 391

Lot Info

  • Lot Description: Corner
  • Lot Number: UNIT 205
  • Acreage: 0.04
  • Lot Size: .02
  • Price Per Acre: 8250000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002106 A00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 24, 2020
Sold by
Zellner Jesse
Bought by
Fernandez Maria Del Carmen
Seller's Agent
Crystal Mitchell
Renshaw Company, REALTORS
Buyer's Agent
Virginia Sharp
Ware Jones, REALTORS
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Current Estimated Value
$373,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,261
Avg. Annual Appreciation
3.51%
Original Mortgage
$283,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2012
Closed on
Feb 28, 2013
Sold by
Lathum Michael G
Bought by
Zellner Jesse
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bill Maury
Coldwell Banker Collins-Maury
List Price
$232,500
Sold Price
$229,000
Premium/Discount to List
-$3,500
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Trust One Bank
Bought by
Lathum Michael G
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
Fernandez Maria Del Carmen $315,000 Close Trak Closing & Ttl Svc
Zellner Jesse $229,000 None Available
Lathum Michael G $216,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Maria Del Carmen $243,000
Closed Fernandez Maria Del Carmen $283,500
Previous Owner Zellner Jesse M $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $315,000 -4.5% $175 / Sq Ft
01/31/2020 01/31/20 For Sale $330,000 +44.1% $183 / Sq Ft
02/28/2013 02/28/13 Sold $229,000 -1.5% $127 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
05/20/2012 05/20/12 For Sale $232,500 -- $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 $2,848 $96,325 $5,075 $91,250
2024 $2,848 $84,025 $5,075 $78,950
2023 $5,119 $84,025 $5,075 $78,950
2022 $5,119 $84,025 $5,075 $78,950
2021 $2,280 $84,025 $5,075 $78,950
2020 $4,349 $60,025 $5,075 $54,950
2019 $1,918 $60,025 $5,075 $54,950
2018 $1,918 $60,025 $5,075 $54,950
2017 $1,964 $60,025 $5,075 $54,950
2016 $2,405 $55,025 $0 $0
2014 $2,405 $55,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Mitchell

    Seller's Agent in 2020

    Crystal Mitchell

    Renshaw Company, REALTORS

    (901) 864-2650

    1 in this area

    198 Total Sales

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  • Virginia Sharp

    Buyer's Agent in 2020

    Virginia Sharp

    Ware Jones, REALTORS

    (901) 359-3601

    2 in this area

    65 Total Sales

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  • Richard Travers

    Seller's Agent in 2013

    Richard Travers

    Crye-Leike

    (901) 218-3961

    19 in this area

    200 Total Sales

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  • Bill Maury

    Buyer's Agent in 2013

    Bill Maury

    Coldwell Banker Collins-Maury

    (901) 870-3771

    86 Total Sales

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  • B

    Buyer Co-Listing Agent in 2013

    Becky Maury

    Coldwell Banker Collins-Maury

  • Tracey Johnson

    Buyer Co-Listing Agent in 2013

    Tracey Johnson

    Reedy & Company, REALTORS

    (615) 720-6900

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070024

Memphis Area Association of REALTORS®

APN: 00-2106-A0-0006

Tennessee Shelby County Memphis 38103 South Main

465 S Main St Unit 205, Memphis, TN

This home is located at 465 S Main St Unit 205, Memphis, TN 38103 since 31 January 2020 and is currently estimated at $371,424, approximately $185 per square foot. This property was built in 2008. 465 S Main St Unit 205 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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