$255,000
SOLD SEP 11, 2024

580 S Main St Unit 203 Memphis, TN 38103

South Main Neighborhood
2 Beds
2 Baths
1,400-1,599 Sq Ft
1,525 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

6% Below List Price

36 Days on Market

Highlights

  • The property is located in a historic district
  • 2-minute walk to Central Station
  • Wood Flooring
  • Gated Parking
  • Traditional Architecture
  • 5-minute walk to Army Park

About This Home

As of September 2024

Quiet downtown retreat. Virtual Staging. Gated entry adds security & peace of mind.Take the convenient elevator ride to the 2nd floor & step into this spacious condo that exudes a light and airy atmosphere w/ new windows & plenty of natural light. Fully equipped w/refrigerator, washer, &dryer, making the transition into your new home a breeze. Downtown living at its finest with close proximity to the Farmers Market, Beale Street, an abundance of popular restaurants & steps from a trolley stop.

Last Agent to Sell the Property

Alli Clark

Keller Williams License #341725 Listed on: 07/16/2024

Keller Williams

Last Buyer's Agent

derek branch

BEST Real Estate Company License #291927

BEST Real Estate Company

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Landscaped
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,476 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Termite Clearance

Parking

  • 1 Car Detached Garage
  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Courtyard
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002112 A00007

Community Details

Overview

  • Property has a Home Owners Association
  • $280 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Central Station Loft Community
  • Central Station Lofts Condo Subdivision
  • Property managed by Broadmoor Property M

Pet Policy

  • No Pets Allowed

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 745D
  • MAAR Subdivision Name: CENTRAL STATION LOFTS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 172.76
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1476
  • Termite Contract: Yes
  • Year Built: 2002
  • List Price/ Sq Ft: 183
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Cat/Dog Free House, Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Historic District, Courtyard, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Fire Alarm, Smoke Detector(s), Security Gate, Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Central Station Loft
  • Management Company: Broadmoor Property M

Fee Information

  • Monthly Maintenance Fee: 280

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: UNIT 203
  • Lot Size: 1484
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002112 A00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 9, 2024
Sold by
Barrett Arthur
Bought by
Young Tammy and Weathers Charles V
Seller's Agent
Alli Clark
Keller Williams
Buyer's Agent
derek branch
BEST Real Estate Company
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Views
60
Current Estimated Value
$256,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,370
Avg. Annual Appreciation
2.64%
Original Mortgage
$204,000
Outstanding Balance
$202,561
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$57,606

Purchase Details

Closed on
Oct 18, 2002
Sold by
Faxongillis Homes Inc
Bought by
Granell Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $255,000 None Listed On Document
Warranty Deed $166,435 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $135,300 New Conventional
Previous Owner $159,700 New Conventional
Previous Owner $170,700 Fannie Mae Freddie Mac
Previous Owner $20,000 Credit Line Revolving
Previous Owner $16,500 Credit Line Revolving
Previous Owner $133,140 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $255,000 -5.4% $182 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $269,500 0.0% $193 / Sq Ft
08/13/2024 08/13/24 Price Changed $269,600 0.0% $193 / Sq Ft
08/08/2024 08/08/24 Price Changed $269,700 0.0% $193 / Sq Ft
08/06/2024 08/06/24 Price Changed $269,800 0.0% $193 / Sq Ft
07/16/2024 07/16/24 For Sale $269,900 -- $193 / 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 -- $63,700 $7,575 $56,125
2024 $1,630 $48,075 $7,575 $40,500
2023 $2,929 $48,075 $7,575 $40,500
2022 $2,929 $48,075 $7,575 $40,500
2021 $2,963 $48,075 $7,575 $40,500
2020 $3,061 $42,250 $7,575 $34,675
2019 $3,061 $42,250 $7,575 $34,675
2018 $3,061 $42,250 $7,575 $34,675
2017 $1,736 $42,250 $7,575 $34,675
2016 $1,878 $42,975 $0 $0
2014 $1,878 $42,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alli Clark

    Seller's Agent in 2024

    Alli Clark

    Keller Williams

    (901) 258-2328

    1 in this area

    159 Total Sales

    Alli Clark
    Section Image
  • derek branch

    Buyer's Agent in 2024

    derek branch

    BEST Real Estate Company

    (901) 606-8964

    1 in this area

    8 Total Sales

    derek branch
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10177088

Memphis Area Association of REALTORS®

APN: 00-2112-A0-0007

Tennessee Shelby County Memphis 38103 South Main

580 S Main St Unit 203, Memphis, TN

This home is located at 580 S Main St Unit 203, Memphis, TN 38103 and is currently priced at $255,000, approximately $159 per square foot. This property was built in 2002. 580 S Main St Unit 203 is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

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