$425,000

The Lofts at South Bluffs 505 Tennessee St Unit 428 Memphis, TN 38103

South Main Neighborhood

Estimated payment $2,492/month

Total Views 3,959
1 Bed
1 Bath
1,200-1,399 Sq Ft
$304 Price per Sq Ft

Highlights

  • Water Views
  • 3-minute walk to Central Station
  • Sauna
  • Fitness Center
  • In Ground Pool
  • 2-minute walk to Butler Park

About This Home

This beautiful, loft-style condo is fully renovated, and complete with 14-foot ceilings, exposed brick and 10-foot windows down 2 sides, with Mississippi River views from every window, as well as Harahan Bridge views from the West windows. Custom light fixtures hang throughout the various spaces, adorning the rooms with a contemporary feel to contrast the original features of the building in this condo. Stainless appliances include an in-cabinet microwave above the wall oven, refrigerator with icemaker, and dishwasher. Bathroom renovation includes a spacious walk-in shower, vanity with double sinks, backlit mirror, and gleaming floor tile. And the Lofts at South Bluffs has great amenities too - onsite management 5X per week, rooftop deck, gym, sauna, outdoor kitchen, rooftop lap pool and gas grills.

Listing Agent

Mike Parker

The Firm License #284810 Listed on: 08/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1909

Home Design

  • Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,369 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Sauna
  • Partial Basement

Kitchen

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

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Gated Parking
  • Parking Garage Space
  • Unassigned Parking

Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Shared Hot Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002083 D00102

Community Details

Overview

  • Property has a Home Owners Association
  • $581 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
  • 122 Units
  • Mid-Rise Condominium
  • Lofts @ South Bluffs Community
  • Lofts @ South Bluffs Condos Third Amend Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Trash Chute

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,322

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: G E Patterson
  • MLS Map #: 745A
  • MAAR Subdivision Name: LOFTS AT SOUTH BLUFFS CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1369
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Fire Sprinklers, Smoke Detector(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Gas Grill, Covered Patio, Deck, Sauna, Historic District, Sidewalks, 2204
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Partial Basement
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Back-Load Garage, Gated Parking, Gate Clickers, Unassigned Parking, Common Parking Garage

Utilities

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

Association/Amenities

  • Condo Amenities: Sauna, Exercise Room, Clubhouse w/ Kitchen, Water View
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Lofts @ South Bluffs
  • Management Company: Wright Property Mgmt
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 581

Lot Info

  • Lot Description: Water View, Corner
  • Lot Number: UNIT 428
  • Acreage: 0.03
  • Price Per Acre: 14166667
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 002083 D00102

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 $2,322 $82,675 $2,375 $80,300
2024 $2,322 $68,500 $2,375 $66,125
2023 $4,173 $68,500 $2,375 $66,125
2022 $4,173 $68,500 $2,375 $66,125
2021 $4,222 $68,500 $2,375 $66,125
2020 $4,214 $58,150 $2,375 $55,775
2019 $4,214 $58,150 $2,375 $55,775
2018 $4,214 $58,150 $2,375 $55,775
2017 $2,390 $58,150 $2,375 $55,775
2016 $2,410 $55,150 $0 $0
2014 $2,410 $55,150 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Sale $425,000 -- $354 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $261,306 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,000 New Conventional
Closed $160,838 Fannie Mae Freddie Mac
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10202651

Memphis Area Association of REALTORS®

APN: 00-2083-D0-0102

Tennessee Shelby County Memphis 38103 South Main

505 Tennessee St Unit 428, Memphis, TN

This home is located at 505 Tennessee St Unit 428, Memphis, TN 38103 and is currently priced at $425,000, approximately $303 per square foot. This property was built in 1909. 505 Tennessee St Unit 428 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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Mike Parker
Listing Agent
Mike Parker
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The Firm
(901) 403-5904