NOT LISTED FOR SALE

497 N Front St Unit 110 Memphis, TN 38105

Mud Island Neighborhood

Estimated Value: $142,000 - $254,000

1 Bed
1.5 Baths
100-999 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $225,000 $225 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,225/month

3 Days on Market

Highlights

  • The property is located in a historic district
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Gated Parking
  • Updated Kitchen
  • Loft

About This Home

As of January 2023

Charming free-standing gated urban loft in unique historic oasis. HOA only $125/mo. Pet friendly complex w/common green space & community garden. Rustic interior & exterior thoughtfully renovated. Enjoy your very own private patio w/corrugated fencing graced by a lovely maple tree . Interior finishes include beautifully stained concrete floors, concrete counters in kitchen & primary bath & wood floors up. Exposed brick walls throughout. Over sized south facing windows provide great light.

Last Agent to Sell the Property

Deborah Mays

Hobson, REALTORS License #210876 Listed on: 11/15/2022

Last Buyer's Agent

Christy Teeters

JASCO Realty License #361280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1920

Lot Details

  • Wrought Iron Fence
  • Brick Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 860 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Window Treatments
  • Casement Windows
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Updated Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Detached Garage
  • Carport
  • Circular Driveway
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Utilities

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

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • Property has a Home Owners Association
  • $125 Maintenance Fee
  • Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, parking, pest control contract, reserve fund, some utilities, trash collection, water/sewer
  • River Merchant Lofts Community
  • River Merchant Lofts Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001003 A00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 741C
  • MAAR Subdivision Name: RIVER MERCHANT LOFTS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 279
  • Number Of Stories: 2
  • Price Per Sq Ft: 261.63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 860
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Up, Renovated Bathroom, Luxury Primary Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Floors/Ceilings: Part Hardwood, Tile, Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available, Separate Ice Maker
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Sky Light(s), Fire Sprinklers
  • Other Rooms: Laundry Closet, Loft/Balcony
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Built-In Cabinets/Bkcases, Full Bath, Hardwood Floor, Level 2, Sitting Area

Exterior Features

  • Misc Exterior: Patio, Historic District
  • Exterior Windows: Brick Veneer, Wood Window(s), Casement Window(s)
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Parking Display: C0D
  • Parking Storage: Circular Drive, Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Electric, Electric Heat Pump
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Association/Amenities

  • Condo Fees Include: Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Pest Control Contract, Reserve Fund, Some Utilities, Trash Collection, Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: River Merchant Lofts

Fee Information

  • Monthly Maintenance Fee: 125

Lot Info

  • Lot Description: Level, Iron Fenced, Brick/Iron Fenced
  • Lot Number: UNIT 110
  • Lot Size: .02 ac

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 001003 A00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 9, 2023
Sold by
Sullivan Ellen J
Bought by
Lozier William
Seller's Agent
Deborah Mays
Hobson, REALTORS
Buyer's Agent
Christy Teeters
JASCO Realty
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Total Days on Market
3
Views
22
Current Estimated Value
$205,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,441
Avg. Annual Appreciation
-4.33%

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 6, 2018
Sold by
Foz Shannan N Fisher
Bought by
Sullivan Ellen J
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Deborah Mays
Hobson, REALTORS
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$116,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2011
Sold by
Mednikow Craig S and Mednikow Stacy P
Bought by
Fisher Shannan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
4.52%
Mortgage Type
Unknown
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
Lozier William $225,000 --
Sullivan Ellen J $120,000 None Available
Fisher Shannan N $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Ellen J $116,000
Previous Owner Fisher Shannan N $18,750
Previous Owner Fisher Shannan N $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $225,000 -6.3% $2,250 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $240,000 +100.0% $2,400 / Sq Ft
10/12/2018 10/12/18 Sold $120,000 0.0% $1,200 / Sq Ft
08/15/2018 08/15/18 For Sale $120,000 -- $1,200 / 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 $1,006 $45,525 $2,450 $43,075
2024 $1,006 $29,675 $2,450 $27,225
2023 $1,808 $29,675 $2,450 $27,225
2022 $1,808 $29,675 $2,450 $27,225
2021 $805 $29,675 $2,450 $27,225
2020 $1,330 $18,350 $2,450 $15,900
2019 $586 $18,350 $2,450 $15,900
2018 $586 $18,350 $2,450 $15,900
2017 $600 $18,350 $2,450 $15,900
2016 $1,338 $30,625 $0 $0
2014 $1,338 $30,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Mays

    Seller's Agent in 2023

    Deborah Mays

    Hobson, REALTORS

    (901) 487-6533

    1 in this area

    72 Total Sales

    Deborah Mays
    Section Image

  • C

    Buyer's Agent in 2023

    Christy Teeters

    JASCO Realty

    Section Image

  • N

    Seller's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137683

Memphis Area Association of REALTORS®

APN: 00-1003-A0-0010

Tennessee Shelby County Memphis 38105 Mud Island

497 N Front St Unit 110, Memphis, TN

This home is located at 497 N Front St Unit 110, Memphis, TN 38105 since 15 November 2022 and is currently estimated at $205,559, approximately $205 per square foot. This property was built in 1920. 497 N Front St Unit 110 is a home located in Shelby County with nearby schools including Downtown Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

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