NOT LISTED FOR SALE

505 Tennessee St Unit 312 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $344,000 - $382,606

2 Beds
1 Bath
1,800-1,999 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $370,000 $185 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,455/month

Highlights

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

About This Home

As of January 2021

Upgraded prof. decorated corner unit in the most coveted buildings in downtown Memphis. Full time staff. 1 gar prkg. included. Windows galore! You must see the RG level which has the amazing rooftop views of the sunset over the river with lap-pool, fitness center, grills, sauna and seating. Vintage industrial artwork can be negotiated in with your offer. Walk to the theatre, Farmer's Market, shops and dining. Stroll through the South Bluffs neighborhood and take the footbridge to Tom Lee Park.

Last Agent to Sell the Property

Jodi Gibbs

Keller Williams License #334767 Listed on: 12/19/2020

Keller Williams

Last Buyer's Agent

Lynda Baddour

Ware Jones, REALTORS License #300143

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Lot Details

  • 1,742

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,927 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sauna
  • Concrete Flooring
  • Water Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Shared Hot Water
  • Cable TV Available

Additional Features

  • 1,742 Sq Ft Lot
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002083 D00058

Community Details

Overview

  • Property has a Home Owners Association
  • $655 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • Lofts At South Bluffs Condominiums Subdivision

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: LOFTS AT SOUTH BLUFFS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 195
  • Number Of Stories: 1
  • Price Per Sq Ft: 192.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1927
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Walk-In Closet, Smooth Ceiling
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling
  • Master Bedroom: Walk-In Closet, Smooth Ceiling
  • Master Bedroom Dimensions: 15x18
  • Misc Interior: All Window Treatments, 2 or More Elevators, Trash Chute
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Gas Grill, Sauna, Historic District
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Front-Load Garage, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric Heat Pump
  • Security: Fire Alarm, Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Common Hot Water

Association/Amenities

  • Condo Amenities: Sauna, Clubhouse, Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Neighborhood Amenities: Gated Neighborhood, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 655

Lot Info

  • Lot Number: UNIT 312
  • Acreage: 0.04
  • Price Per Acre: 9387500

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002083 D00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Jan 27, 2021
Sold by
Westport Enterprises Llc
Bought by
Bodeen Adrienne Briggs and Bodeen Jeffrey G
Seller's Agent
Jodi Gibbs
Keller Williams
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$375,500
Sold Price
$370,000
Premium/Discount to List
-$5,500
-1.46%
Current Estimated Value
$365,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,848
Avg. Annual Appreciation
2.69%
Original Mortgage
$277,500
Outstanding Balance
$249,764
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$168,133

Purchase Details

Listed on
Dec 18, 2016
Closed on
Feb 13, 2017
Sold by
Thob Llc
Bought by
Westport Enterprises Llc
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Jodi Gibbs
Keller Williams
List Price
$325,000
Sold Price
$301,350
Premium/Discount to List
-$23,650
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
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
Bodeen Adrienne Briggs $370,000 None Available
Westport Enterprises Llc $301,350 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodeen Adrienne Briggs $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $370,000 -1.5% $206 / Sq Ft
12/22/2020 12/22/20 For Sale $375,500 0.0% $209 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $375,500 +24.6% $209 / Sq Ft
02/13/2017 02/13/17 Sold $301,350 -7.3% $167 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
12/18/2016 12/18/16 For Sale $325,000 -- $181 / 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 -- $104,175 $3,125 $101,050
2024 -- $91,600 $3,125 $88,475
2023 $5,580 $91,600 $3,125 $88,475
2022 $5,580 $91,600 $3,125 $88,475
2021 $2,485 $91,600 $3,125 $88,475
2020 $5,473 $75,525 $3,125 $72,400
2019 $2,414 $75,525 $3,125 $72,400
2018 $2,414 $75,525 $3,125 $72,400
2017 $4,674 $120,840 $5,000 $115,840
2016 $2,360 $54,000 $0 $0
2014 $4,837 $110,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jodi Gibbs

    Seller's Agent in 2021

    Jodi Gibbs

    Keller Williams

    (901) 598-5634

    14 in this area

    58 Total Sales

    Jodi Gibbs
    Section Image
  • Lynda Baddour

    Buyer's Agent in 2021

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    16 in this area

    180 Total Sales

    Lynda Baddour
    Section Image
  • Amanda Lott

    Seller's Agent in 2017

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    45 in this area

    358 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2017

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    44 in this area

    349 Total Sales

    Carol Lott
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090649

Memphis Area Association of REALTORS®

APN: 00-2083-D0-0058

Tennessee Shelby County Memphis 38103 South Main

505 Tennessee St Unit 312, Memphis, TN

This home is located at 505 Tennessee St Unit 312, Memphis, TN 38103 since 19 December 2020 and is currently estimated at $365,152, approximately $182 per square foot. This property was built in 1909. 505 Tennessee St Unit 312 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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