$365,000
$45K PRICE DROP

The Lofts at South Bluffs 505 Tennessee St Unit 202 Memphis, TN 38103

South Main Neighborhood

Estimated payment $2,241/month

Total Views 42,934
2 Beds
2 Baths
1,400-1,599 Sq Ft
$228 Price per Sq Ft

Highlights

  • Water Views
  • 3-minute walk to Central Station
  • The property is located in a historic district
  • Fitness Center
  • In Ground Pool
  • 2-minute walk to Butler Park

About This Home

Experience luxury loft living in this 2BD/2BA (+ office) condo at the Lofts at South Bluffs! With 12' ceilings & exposed brick/beams, this unit perfectly blends historic charm w/modern amenities. The open kitchen includes SS appliances, wine fridge & breakfast bar. The primary suite offers a custom walk-in closet & private bath. Storage room is located on the same floor. Enjoy river views from the rooftop deck w/lap pool, grills & seating. Amenities include a lounge, gym, sauna & 2 secure connected parking spaces. Loft living at its finest!

Listing Agent

Michael Bryan

Bryan Realty Group License #290169 Listed on: 08/27/2024

Co-Listing Agent

Lindsay Wolfe

Bryan Realty Group License #349980

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1909

Home Design

  • Built-Up Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Partial Basement
  • Laundry closet

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Parking Garage Space
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Gas Grill

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 002083 D00020C

Community Details

Overview

  • Property has a Home Owners Association
  • $709 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees
  • Mid-Rise Condominium
  • Lofts At South Bluff Community
  • Lofts @ South Bluffs Condos Third Amend Subdivision

Amenities

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,200

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: LOFTS AT SOUTH BLUFFS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), 2 or More Elevators
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Gas Grill, Patio, Covered Patio, Historic District, On-Site Storage, Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Partial Basement
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Unassigned Parking, On-Street Parking, Common Parking Garage

Utilities

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

Association/Amenities

  • Condo Amenities: Sauna, Exercise Room, Clubhouse w/ Kitchen, Water View
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees
  • Condominium Association: Yes
  • Condominium Name: Lofts at South Bluff
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 709

Lot Info

  • Lot Description: Water View, Corner
  • Lot Number: UNIT 202
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002083 D00020C

Map

About The Lofts at South Bluffs

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,200 $97,925 $3,575 $94,350
2024 $3,200 $94,400 $3,575 $90,825
2023 $5,751 $94,400 $3,575 $90,825
2022 $5,751 $94,400 $3,575 $90,825
2021 $3,257 $94,400 $3,575 $90,825
2020 $2,360 $73,850 $3,075 $70,775
2019 $2,360 $73,850 $3,075 $70,775
2018 $2,360 $73,850 $3,075 $70,775
2017 $2,416 $73,850 $3,075 $70,775
2016 $2,841 $65,000 $0 $0
2014 $2,841 $65,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $365,000 -2.7% $261 / Sq Ft
04/21/2025 04/21/25 Price Changed $375,000 -6.2% $268 / Sq Ft
11/04/2024 11/04/24 Price Changed $399,900 -2.4% $286 / Sq Ft
08/27/2024 08/27/24 For Sale $409,900 -- $293 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $357,400 Guardian Title
Warranty Deed $260,000 None Available
Warranty Deed $260,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,400 New Conventional
Previous Owner $227,800 Commercial
Previous Owner $220,790 New Conventional
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10180009

Memphis Area Association of REALTORS®

APN: 00-2083-D0-0020C

Tennessee Shelby County Memphis 38103 South Main

505 Tennessee St Unit 202, Memphis, TN

This home is located at 505 Tennessee St Unit 202, Memphis, TN 38103 and is currently priced at $365,000, approximately $228 per square foot. This property was built in 1909. 505 Tennessee St Unit 202 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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Nearby Homes
Michael Bryan
Listing Agent
Michael Bryan
Section Image
Bryan Realty Group
(901) 668-6487