Potters Lofts Condominiums 485 S Front St Unit 303 Memphis, TN 38103
South Main Neighborhood
2
Beds
2
Baths
1,600-1,799
Sq Ft
1,176
Sq Ft Lot
Highlights
- The property is located in a historic district
- 4-minute walk to Central Station
- Deck
- Gated Parking
- Landscaped Professionally
- 1-minute walk to Butler Park
About This Home
As of April 2025The best floorplan Downtown. There are two Bedrooms and two bathrooms on opposite sides of the condo, plus a double-sided fireplace that opens to the spacious Living & Dining and the separate Office. Approximately 1650 square feet, larger than most 2-bedroom plans by far, and yet still low condo fees at $325 per month. The building has been recently updated with fresh paint and carpet and looks great. This condo has brand new windows with screens included, and the AC is 5 yrs old. Don't miss the roof deck, up the stairs just to the left as you leave condo #303. This one is such a good opportunity to be downtown with a small family, roommates, or even solo - the plan works for everyone, and still at $285,000. Located in the South Main Historic District and in walking distance to the movie theater for a film, or for a drink at the bar in the Central Station Hotel lobby. E&H, Arcade &South Main Sushi are just out your front door, one block away. Some photos are virtually staged.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,091
Year Built
- Built in 2003
Lot Details
- Wrought Iron Fence
- Landscaped Professionally
- Level Lot
- Sprinklers on Timer
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Built-Up Roof
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,649 Sq Ft Home
- 3-Story Property
- Smooth Ceilings
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Window Treatments
- Aluminum Window Frames
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Home Security System
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Flooring
- Partially Carpeted
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 1 Car Attached Garage
- Carport
- Gated Parking
- Guest Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Courtyard
- Deck
Location
- The property is located in a historic district
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 002092 A00023
Community Details
Overview
- Property has a Home Owners Association
- $325 Maintenance Fee
- Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
- 28 Units
- Mid-Rise Condominium
- Potters Lofts Community
- Potters Lofts Condominiums Subdivision
- Property managed by Keith Collins Mgmt
Pet Policy
- No Pets Allowed
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Apr 16, 2025
Sold by
Frantz Thomas
Bought by
Costa
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Amanda Lott
BHHS McLemore & Co., Realty
List Price
$285,000
Sold Price
$235,000
Premium/Discount to List
-$50,000
-17.54%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,566
Avg. Annual Appreciation
46.30%
Purchase Details
Listed on
Jul 8, 2016
Closed on
Sep 7, 2016
Sold by
Meyer Stephen B
Bought by
Frantz Thomas
Seller's Agent
Larry Unterberger
Keller Williams
Buyer's Agent
Ashley Carter
Groome & Co.
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$144,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2003
Sold by
Faxongillis Homes Inc
Bought by
Meyer Stephen B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.93%
Mortgage Type
Unknown
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | None Listed On Document | |
| Warranty Deed | $180,000 | Erickson Title & Closing Llc | |
| Warranty Deed | $194,260 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $228,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $51,000 | Commercial | |
| Previous Owner | $144,000 | New Conventional | |
| Previous Owner | $65,000 | New Conventional | |
| Previous Owner | $75,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $235,000 | -11.3% | $147 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | Price Changed | $265,000 | -3.6% | $166 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $275,000 | -3.5% | $172 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $285,000 | +58.3% | $178 / Sq Ft |
| 09/07/2016 09/07/16 | Sold | $180,000 | -2.7% | $113 / Sq Ft |
| 07/22/2016 07/22/16 | Pending | -- | -- | -- |
| 07/08/2016 07/08/16 | For Sale | $185,000 | -- | $116 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,091 | $74,700 | $5,775 | $68,925 |
| 2024 | $2,091 | $61,675 | $5,775 | $55,900 |
| 2023 | $3,757 | $61,675 | $5,775 | $55,900 |
| 2022 | $3,757 | $61,675 | $5,775 | $55,900 |
| 2021 | $3,801 | $61,675 | $5,775 | $55,900 |
| 2020 | $3,152 | $43,500 | $5,775 | $37,725 |
| 2019 | $3,152 | $43,500 | $5,775 | $37,725 |
| 2018 | $3,152 | $43,500 | $5,775 | $37,725 |
| 2017 | $1,788 | $43,500 | $5,775 | $37,725 |
| 2016 | $1,975 | $45,200 | $0 | $0 |
| 2014 | $1,975 | $45,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mike Parker
The Firm
(901) 277-7275
77 in this area
269 Total Sales
-
Buyer's Agent in 2025
Amanda Lott
BHHS McLemore & Co., Realty
(901) 461-9246
44 in this area
361 Total Sales
-
Buyer Co-Listing Agent in 2025
Carol Lott
BHHS McLemore & Co., Realty
(901) 461-4869
44 in this area
353 Total Sales
-
L
Seller's Agent in 2016
Larry Unterberger
Keller Williams
(414) 507-7681
3 in this area
33 Total Sales
-
Seller Co-Listing Agent in 2016
Kendall Haney
901 Real Estate Services
(901) 218-8887
21 in this area
98 Total Sales
-
A
Buyer's Agent in 2016
Ashley Carter
Groome & Co.
About Potters Lofts Condominiums
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10187980
APN: 00-2092-A0-0023
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