NOT LISTED FOR SALE

57 W Georgia Ave Unit 303 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $259,000 - $302,000

1 Bed
2 Baths
1,600-1,799 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $170,000 $94 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,681/month

Highlights

  • Fitness Center
  • Traditional Architecture
  • Great Room
  • In Ground Pool
  • Wood Flooring
  • Porch

About This Home

As of October 2017

Awesome opportunity to own a home in the South End Downtown area. This is a thriving and vibrant area close to Riverside Drive, Beale Street, Bass Pro Shops, and many other notable downtown staples. This condo is amazing with 3 balconies, a HUGE loft with a balcony off the master bedroom, and an office on the first level that could be converted into bedroom 2. The floorpan is open and can be a real show place.

Last Agent to Sell the Property

Vanessa Grandberry

New Home Realty License #293689 Listed on: 08/29/2017

Last Buyer's Agent

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 190.64 x 341.55

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,675 Sq Ft Home
  • 3-Story Property
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002088 A00008

Community Details

Overview

  • Property has a Home Owners Association
  • $222 Maintenance Fee
  • State Place Condomin Community
  • First Amendment State Place Condos Subdivision
  • Property managed by Crye-Leike Cmty Mgt

Recreation

  • Fitness Center

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,070

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • Cross Street: Riverside Drive
  • MLS Map #: 745D
  • MAAR Subdivision Name: STATE PLACE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 101
  • Number Of Stories: 3
  • Price Per Sq Ft: 101.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1675
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Exercise Room
  • Condominium Association: Yes
  • Condominium Name: State Place Condomin
  • Management Company: Crye-Leike Cmty Mgt

Fee Information

  • Monthly Maintenance Fee: 222

Lot Info

  • Lot Number: UNIT 303
  • Acreage: 0.03
  • Lot Size: 190.64 X 341.55
  • Price Per Acre: 5666667

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002088 A00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 20, 2017
Sold by
Ross Michael J
Bought by
Kenney Tyler Michael
Seller's Agent
Vanessa Grandberry
New Home Realty
Buyer's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$283,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,103
Avg. Annual Appreciation
6.85%
Original Mortgage
$164,900
Outstanding Balance
$138,912
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$148,223

Purchase Details

Closed on
Oct 6, 2008
Sold by
Lasalle Bank Na
Bought by
Ross Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,556
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2008
Sold by
Scott Vincent Lee
Bought by
Lasalle Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,556
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Beazer Homes Corp
Bought by
Scott Vincent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,150
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kenney Tyler Michael $1,700,000 Memphis Title Co
Ross Michael J $179,900 Resource Title Agency Of Tn
Lasalle Bank Na $216,000 None Available
Scott Vincent L $295,990 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Tyler Michael $164,900
Previous Owner Ross Michael J $181,000
Previous Owner Ross Michael J $177,556
Previous Owner Scott Vincent L $281,150
Previous Owner Kenney Tyler Michael $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $170,000 0.0% $106 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $170,000 0.0% $106 / Sq Ft
07/29/2014 07/29/14 Rented $1,795 0.0% --
07/29/2014 07/29/14 Under Contract -- -- --
04/29/2014 04/29/14 For Rent $1,795 -- --
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 $2,070 $73,400 $4,025 $69,375
2024 $2,070 $61,075 $4,025 $57,050
2023 $3,720 $61,075 $4,025 $57,050
2022 $3,720 $61,075 $4,025 $57,050
2021 $3,764 $61,075 $4,025 $57,050
2020 $3,567 $49,225 $4,025 $45,200
2019 $3,567 $49,225 $4,025 $45,200
2018 $3,567 $49,225 $4,025 $45,200
2017 $2,023 $49,225 $4,025 $45,200
2016 $1,628 $37,250 $0 $0
2014 $1,628 $37,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Grandberry

    Seller's Agent in 2017

    Vanessa Grandberry

    New Home Realty

    (901) 691-9099

    31 Total Sales

    Vanessa Grandberry
    Section Image
  • Ashley Bonds

    Buyer's Agent in 2017

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    3 in this area

    69 Total Sales

    Ashley Bonds
    Section Image
  • Matt Holt

    Seller's Agent in 2014

    Matt Holt

    Premier Realty Group, LLC

    (901) 820-4367

    27 Total Sales

    Matt Holt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10010745

Memphis Area Association of REALTORS®

APN: 00-2088-A0-0008

Tennessee Shelby County Memphis 38103 South Main

57 W Georgia Ave Unit 303, Memphis, TN

This home is located at 57 W Georgia Ave Unit 303, Memphis, TN 38103 since 29 August 2017 and is currently estimated at $283,103, approximately $157 per square foot. This property was built in 2006. 57 W Georgia Ave Unit 303 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Scholars Florida Kansas.

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