NOT LISTED FOR SALE

465 S Main St Unit 206 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $316,000 - $435,000

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

Last Sold November 20, 2020

Last sale price $337,500 $169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,400/month

20 Days on Market

Highlights

  • The property is located in a historic district
  • 3-minute walk to Central Station
  • Vaulted Ceiling
  • Gated Parking
  • Updated Kitchen
  • 4-minute walk to Butler Park

About This Home

As of November 2020

KNOCK OUT Corner Unit in the Machine Shop Condominiums in Downtown Memphis That You Will Have to See to Believe!! Gleaming Hardwood Floors. Open Floor Plan. Amazing Kitchen w/Desirable Granite, Full Complement of Stainless Steel Appliances & Breakfast Bar. Sunny Dining Area Opens to the Spacious, Warm & Inviting Great Room w/Eye-Catching Gas Fireplace. Awesome Bonus Room which Makes a Great Home Office. Romantic Master Suite w/Spa-Inspired Luxury Bath. Delightful Balcony. 2Garage Parking Spots!

Last Agent to Sell the Property

Melissa Blume Thompson

eXp Realty License #231600 Listed on: 09/18/2020

eXp Realty

Last Buyer's Agent

Jacqueline Jones

Pinnacle Realty License #286836

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 2008

Lot Details

  • 1,742

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,851 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den with Fireplace
  • Loft
  • Play Room
  • Wood Flooring
  • Burglar Security System

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped
  • The property is located in a historic district

Community Details

  • Property has a Home Owners Association
  • $391 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, parking
  • Mid-Rise Condominium
  • Machine Shop Community
  • Machine Shop Condominiums Subdivision
  • Property managed by EZR Management

Listing and Financial Details

  • Assessor Parcel Number 002106 A00007

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,829

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: 189
  • Number Of Stories: 1
  • Price Per Sq Ft: 182.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1851
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 2 or More Baths, Play Room/Recreation Room, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Master Down, Vaulted/Coffered Master, Luxury Master Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 17x14
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Historic District, Balcony, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Parking
  • Condominium Association: Yes
  • Condominium Name: Machine Shop
  • Management Company: EZR Management

Fee Information

  • Monthly Maintenance Fee: 391

Lot Info

  • Lot Number: UNIT 206
  • Acreage: 0.04
  • Price Per Acre: 8750000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002106 A00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 20, 2020
Sold by
Abernathy Ronald R and Abernathy Patricia D
Bought by
Mccauley Shirley
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Jacqueline Jones
Pinnacle Realty
List Price
$350,000
Sold Price
$337,500
Premium/Discount to List
-$12,500
-3.57%
Current Estimated Value
$387,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,836
Avg. Annual Appreciation
3.05%
Original Mortgage
$210,000
Outstanding Balance
$155,655
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$231,681

Purchase Details

Listed on
Aug 23, 2013
Closed on
May 30, 2014
Sold by
Tavalin Steven J
Bought by
Abernathy Ronald R and Abernathy Patricia D
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lewis Marshall
BHHS McLemore & Co., Realty
List Price
$239,900
Sold Price
$221,000
Premium/Discount to List
-$18,900
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$176,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
Trust One Bank
Bought by
Tavalin Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,375
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
Mccauley Shirley $337,500 Mid South Title Services Llc
Abernathy Ronald R $221,000 Baymark Title & Escrow
Tavalin Steven J $222,900 Executive Title & Closing In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Shirley $210,000
Previous Owner Abernathy Ronald R $176,800
Previous Owner Tavalin Steven J $200,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $337,500 -3.6% $188 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $350,000 +58.4% $194 / Sq Ft
05/30/2014 05/30/14 Sold $221,000 -7.9% $123 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
08/23/2013 08/23/13 For Sale $239,900 -- $133 / 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 $2,829 $95,650 $5,075 $90,575
2024 $2,829 $83,450 $5,075 $78,375
2023 $5,083 $83,450 $5,075 $78,375
2022 $5,083 $83,450 $5,075 $78,375
2021 $5,143 $83,450 $5,075 $78,375
2020 $4,320 $59,625 $5,075 $54,550
2019 $1,906 $59,625 $5,075 $54,550
2018 $1,906 $59,625 $5,075 $54,550
2017 $1,951 $59,625 $5,075 $54,550
2016 $2,399 $54,900 $0 $0
2014 $2,399 $54,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085201

Memphis Area Association of REALTORS®

APN: 00-2106-A0-0007