NOT LISTED FOR SALE

505 Tennessee St Unit 210 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $260,000 - $285,000

1 Bed
1 Bath
1,200-1,399 Sq Ft
1,307 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $303,500 $217 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,642/month

145 Days on Market

Highlights

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

About This Home

As of March 2024

One of a Kind Condo in The Lofts. Gorgeous New Kitchen with New 42 Inch Cabinets, All New SS Appliances, Wine Cooler New Island with Quartz Counter Tops and Storage Below. Seats 6 people. Raised Walls in the Bedroom to Provide More Privacy. Bamboo Floors in Bedroom and Concrete Floors in the Living Spaces. Lighting Upgrades. Floor to Ceiling Windows. Located in South Main on the Trolley Line. Walk to Restaurants & the River. Great Roof top with Pool. Gym. Sep. Storage Rm. 1 Garage Parking.

Last Agent to Sell the Property

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/18/2023

Last Buyer's Agent

Alex Turner

Hobson, REALTORS License #315256

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1909

Lot Details

  • 1,307

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,264 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Open Floorplan
  • Storage Room
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Outdoor Storage

Location

  • Upper Level
  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 002083 D00028

Community Details

Overview

  • Property has a Home Owners Association
  • $505 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, parking
  • Mid-Rise Condominium
  • The Lofts Community
  • Lofts @ South Bluffs Condos Third Amend Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Trash Chute
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories), Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: LOFTS AT SOUTH BLUFFS CONDOMINIU0x0MS
  • Condo: Yes
  • Historic District: South Main Street HP
  • Number Of Stories: 1
  • Price Per Sq Ft: 240.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1264
  • Year Built: 1909
  • List Price/ Sq Ft: 249
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen, Kit/DR Combo
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Trash Chute
  • Other Rooms: Laundry Closet, Entry Hall, Storage Room
  • Total Bathrooms: 1
  • 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: Historic District, On-Site Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Front-Load Garage, Assigned Parking, Common Parking Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: On-Site Storage, Water View
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Parking
  • Condominium Association: Yes
  • Condominium Name: The Lofts
  • Management Company: Wright Property Mgmt
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 505

Lot Info

  • Lot Number: UNIT 210
  • Acreage: 0.03
  • Price Per Acre: 10500000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002083 D00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Feb 28, 2024
Sold by
Deal John R and Deal Stacy
Bought by
Chastain Patrick
Seller's Agent
Kendall Haney
901 Real Estate Services
Buyer's Agent
Alex Turner
Hobson, REALTORS
List Price
$315,000
Sold Price
$303,500
Premium/Discount to List
-$11,500
-3.65%
Views
205
Current Estimated Value
$273,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,742
Avg. Annual Appreciation
-0.66%

Purchase Details

Listed on
Jun 3, 2018
Closed on
Jul 2, 2018
Sold by
Watson Jason Greg
Bought by
Deal John R and Deal Stacy
Seller's Agent
Nicci Watson
Dream Maker Realty, LLC
Buyer's Agent
Kendall Haney
901 Real Estate Services
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$250,381
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2007
Sold by
Thob Llc
Bought by
Watson Jason Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Chastain Patrick $303,500 None Listed On Document
Deal John R $255,000 Memphis Title Co
Watson Jason Greg $230,500 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deal John R $249,000
Previous Owner Deal John R $249,984
Previous Owner Deal John R $250,381
Previous Owner Watson Jason Greg $253,150
Previous Owner Watson Jason Greg $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $303,500 -3.7% $253 / Sq Ft
09/18/2023 09/18/23 For Sale $315,000 +23.5% $263 / Sq Ft
07/02/2018 07/02/18 Sold $255,000 0.0% $213 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
06/03/2018 06/03/18 For Sale $255,000 -- $213 / 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 -- $76,500 $2,175 $74,325
2024 $2,197 $64,800 $2,175 $62,625
2023 $3,947 $64,800 $2,175 $62,625
2022 $3,947 $64,800 $2,175 $62,625
2021 $3,994 $64,800 $2,175 $62,625
2020 $3,976 $54,875 $2,175 $52,700
2019 $3,976 $54,875 $2,175 $52,700
2018 $3,976 $54,875 $2,175 $52,700
2017 $2,255 $54,875 $2,175 $52,700
2016 $2,218 $50,750 $0 $0
2014 $2,218 $50,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Haney

    Seller's Agent in 2024

    Kendall Haney

    901 Real Estate Services

    (901) 218-8887

    20 in this area

    94 Total Sales

    Kendall Haney
    Section Image
  • Alex Turner

    Buyer's Agent in 2024

    Alex Turner

    Hobson, REALTORS

    (901) 628-4114

    14 in this area

    109 Total Sales

    Alex Turner
    Section Image

  • N

    Seller's Agent in 2018

    Nicci Watson

    Dream Maker Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156959

Memphis Area Association of REALTORS®

APN: 00-2083-D0-0028

Tennessee Shelby County Memphis 38103 South Main

505 Tennessee St Unit 210, Memphis, TN

This home is located at 505 Tennessee St Unit 210, Memphis, TN 38103 since 18 September 2023 and is currently estimated at $273,758, approximately $195 per square foot. This property was built in 1909. 505 Tennessee St Unit 210 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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