The Lofts at South Bluffs 505 Tennessee St Unit 220 Memphis, TN 38103
South Main Neighborhood
2
Beds
1
Bath
2,000-2,199
Sq Ft
1,742
Sq Ft Lot
Highlights
- Water Views
- 3-minute walk to Central Station
- Clubhouse
- Fitness Center
- In Ground Pool
- 2-minute walk to Butler Park
About This Home
As of March 20254 MONTHS OF HOA FEES PAID BY SELLER. Furnishings can be purchased separate. Long term rentals allowed. This is a beautiful 2,010 sq ft, 2 BR condo w/2 parking spaces & storage unit both on the same floor. You'll love living & entertaining in this gorgeous space w/soaring ceilings. The spacious primary BR features a LARGE walk in closet. 2nd BR can be an office or guest room. Easy parking, just drive in the secure garage & park on same floor as your condo. The Lofts rooftop has river views, pool, sauna, well equipped gym, covered & open entertaining/cookout areas. So many amenities to enjoy. Water included w/HOA. Walk to farmer's market, Grizz games, theater & all the newest restaurants!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,750
Year Built
- Built in 1909
Interior Spaces
- 2,000-2,199 Sq Ft Home
- 2,010 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Vaulted Ceiling
- Two Story Entrance Foyer
- Great Room
- Den
- Storage Room
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- In Ground Pool
- Outdoor Storage
- Outdoor Gas Grill
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 002083 D00038
Community Details
Overview
- Property has a Home Owners Association
- $784 Maintenance Fee
- Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
- Mid-Rise Condominium
- The Lofts Community
- Lofts @ South Bluffs Condos Third Amend Subdivision
- Property managed by Wright Property Mgmt
- Planned Unit Development
Amenities
- Community Storage Space
Recreation
- Recreation Facilities
Security
- Security Guard
- Building Fire Alarm
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2024
Closed on
Mar 26, 2025
Sold by
Thompson Quinton
Bought by
Kolodziej Connie H and Kolodziej Thomas J
Seller's Agent
Stacey Berry
Keller Williams
Buyer's Agent
Meredith Vezina
Keller Williams
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
97
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
$20,641
Avg. Annual Appreciation
-1.73%
Original Mortgage
$299,250
Outstanding Balance
$298,743
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$14,069
Purchase Details
Closed on
Nov 17, 2020
Sold by
George David C and George Mary A
Bought by
Thompson Quinton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2018
Sold by
Thob Llc
Bought by
George David C and George Mary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
4.45%
Mortgage Type
New Conventional
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 | $315,000 | Poplar Titel & Escrow Llc | |
| Warranty Deed | $345,000 | Quality Title Llc | |
| Warranty Deed | $319,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,250 | New Conventional | |
| Previous Owner | $327,750 | New Conventional | |
| Previous Owner | $195,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $315,000 | -1.5% | $158 / Sq Ft |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | Price Changed | $319,700 | 0.0% | $160 / Sq Ft |
| 02/18/2025 02/18/25 | Price Changed | $319,800 | 0.0% | $160 / Sq Ft |
| 01/25/2025 01/25/25 | Price Changed | $319,900 | -1.4% | $160 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $324,500 | -0.2% | $162 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $325,000 | -- | $163 / 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 | $2,750 | $106,075 | $3,250 | $102,825 |
| 2024 | $2,750 | $81,125 | $3,250 | $77,875 |
| 2023 | $4,942 | $81,125 | $3,250 | $77,875 |
| 2022 | $4,942 | $81,125 | $3,250 | $77,875 |
| 2021 | $2,799 | $81,125 | $3,250 | $77,875 |
| 2020 | $5,310 | $73,275 | $3,250 | $70,025 |
| 2019 | $2,342 | $73,275 | $3,250 | $70,025 |
| 2018 | $2,342 | $73,275 | $3,250 | $70,025 |
| 2017 | $2,397 | $73,275 | $3,250 | $70,025 |
| 2016 | $2,972 | $68,000 | $0 | $0 |
| 2014 | $4,938 | $113,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stacey Berry
Seller's Agent in 2025
Stacey Berry
Keller Williams
(901) 481-6420
5 in this area
207 Total Sales
-
Rik Berry
R
Seller Co-Listing Agent in 2025
Rik Berry
Keller Williams
(901) 461-6421
3 in this area
161 Total Sales
-
Meredith Vezina
Buyer's Agent in 2025
Meredith Vezina
Keller Williams
(901) 212-7341
6 in this area
232 Total Sales
About The Lofts at South Bluffs
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10183684
APN: 00-2083-D0-0038
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