NOT LISTED FOR SALE

505 Tennessee St Unit 119 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $295,173 - $370,000

2 Beds
1 Bath
1,710 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $242,000 $142 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,943/month

Highlights

  • In Ground Pool
  • 3-minute walk to Central Station
  • Tile Flooring
  • Main Floor Primary Bedroom
  • Laundry closet
  • 2-minute walk to Butler Park

About This Home

As of October 2021

1 bed + flex room and 1 bath condo avail NOW at The Lofts at S. Bluffs downtown! Huge closet! Kitchen offers plenty of counter & cabinet space. Full size washer/dryer space and hook-ups in condo! Pet Friendly! One unreserved garage space included! A must see! Water/Trash/Wastewater included! Cable/Internet Ready. The Lofts at South Bluffs offers its residents controlled access w/ key fob entry along w/ a fitness center and a rooftop terrace with a pool and gas grills.

Last Agent to Rent the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/03/2021

Last Renter's Agent

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 1,742

Parking

  • 1 Parking Space

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Laundry closet

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • 1,742 Sq Ft Lot

Community Details

  • Mid-Rise Condominium
  • Lofts @ South Bluffs Condos Third Amend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002083 D00010

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, Mid Rise
  • MLS Map #: 745A
  • MAAR Subdivision Name: LOFTS AT SOUTH BLUFFS CONDOMINIUMS
  • List Price Per Sq Ft: 1
  • Number Of Stories: 2
  • Price Per Sq Ft: 1.23
  • Estimated Sq Ft: 1710
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Tile, Concrete Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: UNIT 119
  • Acreage: 0.04
  • Lot Size: 0.04
  • Price Per Acre: 52500

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002083 D00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 22, 2018
Sold by
Hicks Timothy Shannon
Bought by
Adedokun Stephen and Adedokun Muyiwa
Seller's Agent
Dana Whitworth
Crye-Leike, Inc., REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$265,000
Sold Price
$242,000
Premium/Discount to List
-$23,000
-8.68%
Current Estimated Value
$322,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,793
Avg. Annual Appreciation
4.42%
Original Mortgage
$193,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 17, 2017
Sold by
Ranallo Lucas J
Bought by
Hicks Timothy Shannon
Seller's Agent
Bill Bates
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dana Whitworth
Crye-Leike, Inc., REALTORS
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$190,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 1, 2017
Sold by
Ranallo Lucas J
Bought by
Dunn Jeffrey S and Dunn Shellah T
Seller's Agent
Bill Bates
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dana Whitworth
Crye-Leike, Inc., REALTORS
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jan 18, 2013
Sold by
King Olga G and King Robert
Bought by
Ranallo Lucas J
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Pat Lichterman
Crye-Leike, Inc., REALTORS
List Price
$219,000
Sold Price
$212,500
Premium/Discount to List
-$6,500
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$170,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Memphis Center City Revenue Finance Corp
Bought by
Thob Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adedokun Stephen $242,000 Realty Title
Abedokun Muyiwa $242,000 Realty Title
Hicks Timothy Shannon $237,500 Realty Title & Escrow Co
Dunn Jeffrey S $4,500 Executive Title & Closing In
Ranallo Lucas J $212,500 --
Thob Llc -- None Available
King Robert $184,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abedokun Muyiwa $193,600
Previous Owner Hicks Timothy Shannon $190,000
Previous Owner Ranallo Lucas J $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2021 10/02/21 Rented $2,100 0.0% --
09/03/2021 09/03/21 For Rent $2,100 +7.7% --
09/10/2020 09/10/20 Rented $1,950 0.0% --
08/31/2020 08/31/20 Price Changed $1,950 -7.1% $1 / Sq Ft
07/30/2020 07/30/20 For Rent $2,100 0.0% --
06/06/2018 06/06/18 Sold $242,000 -8.7% $151 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $265,000 +11.6% $166 / Sq Ft
07/21/2017 07/21/17 Sold $237,500 -3.1% $148 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $245,000 +15.3% $153 / Sq Ft
01/18/2013 01/18/13 Sold $212,500 -3.0% $118 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $219,000 -- $122 / 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 -- $76,775 $2,925 $73,850
2024 $2,259 $66,625 $2,925 $63,700
2023 $4,059 $66,625 $2,925 $63,700
2022 $4,059 $66,625 $2,925 $63,700
2021 $2,299 $66,625 $2,925 $63,700
2020 $4,003 $55,250 $2,925 $52,325
2019 $1,766 $55,250 $2,925 $52,325
2018 $1,766 $55,250 $2,925 $52,325
2017 $1,807 $55,250 $2,925 $52,325
2016 $2,895 $66,250 $0 $0
2014 $2,895 $66,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Haney

    Landlord's Agent in 2021

    Kendall Haney

    901 Real Estate Services

    (901) 218-8887

    21 in this area

    96 Total Sales

    Kendall Haney
    Section Image
  • Dana Whitworth

    Seller's Agent in 2018

    Dana Whitworth

    Crye-Leike

    (901) 734-3771

    122 Total Sales

    Dana Whitworth
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jim Duke

    Crye-Leike, Inc., REALTORS

    Section Image
  • Richard Travers

    Buyer's Agent in 2018

    Richard Travers

    Crye-Leike

    (901) 218-3961

    18 in this area

    198 Total Sales

    Richard Travers
    Section Image
  • Bill Bates

    Seller's Agent in 2017

    Bill Bates

    Crye-Leike, Inc., REALTORS

    (901) 461-6677

    52 Total Sales

    Bill Bates
    Section Image
  • Pat Lichterman

    Seller Co-Listing Agent in 2017

    Pat Lichterman

    Crye-Leike, Inc., REALTORS

    (901) 756-8900

    1 in this area

    87 Total Sales

    Pat Lichterman
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107986

Memphis Area Association of REALTORS®

APN: 00-2083-D0-0010

Tennessee Shelby County Memphis 38103 South Main

505 Tennessee St Unit 119, Memphis, TN

This home is located at 505 Tennessee St Unit 119, Memphis, TN 38103 since 03 September 2021 and is currently priced at $322,793. This property was built in 1917. 505 Tennessee St Unit 119 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes