NOT LISTED FOR SALE

Riverside 648 648 Riverside Dr Unit 202 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $296,000 - $358,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
1,307 Sq Ft Lot

Last Sold February 10, 2015

Last sale price $208,000 $116 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,885/month

50 Days on Market

Highlights

  • Water Views
  • Gated Parking
  • Wood Flooring
  • Fitness Center
  • Clubhouse
  • 4-minute walk to Ashburn-Coppock Park

About This Home

As of February 2015

Huge 2BR/2BA condo in convenient downtown location. 2nd floor private balcony with river view. Gated, assigned indoor & outdoor parking for 2 vehicles. Open floor plan with 14' ceilings and unique exposed structural elements, including a hand painted martini glass column by a local artist. Fitness center. Stunning city skyline and river view from rooftop common area with gas grills, patio tables and prep kitchen.

Last Agent to Sell the Property

Angie Baker

Epique Realty License #322337 Listed on: 11/27/2014

Last Buyer's Agent

Ric Bowman

Weichert, REALTORS-BenchMark License #226975

Weichert, REALTORS-BenchMark

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Dog Run

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,648 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Den
  • Loft
  • Water Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Gas Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 002083 E00002

Community Details

Overview

  • Property has a Home Owners Association
  • $379 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, parking
  • Mid-Rise Condominium
  • Riverside 648 Community
  • Riverside 648 Condos 3Rd Amendment Subdivision
  • Property managed by Collins

Amenities

  • Trash Chute

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MAAR Subdivision Name: RIVERSIDE 648 CONDOMINIUMS
  • Condo: Yes
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 137
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1648
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), 2 or More Elevators, Trash Chute
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Gas Grill, Balcony, Pet Area, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Gated Parking, Gate Clickers, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room, Clubhouse w/ Kitchen, Clubhouse w/Baths, Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Parking
  • Condominium Association: Yes
  • Condominium Name: Riverside 648
  • Management Company: Collins
  • Neighborhood Amenities: Club House

Fee Information

  • Monthly Maintenance Fee: 379

Lot Info

  • Lot Number: UNIT 202
  • Acreage: 0.03

Tax Info

  • Assessor Parcel Number: 002083 E00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2014
Closed on
Feb 6, 2015
Sold by
Smith Brandon M
Bought by
Dickey Larry L and Dickey Laura J
Seller's Agent
Angie Baker
Epique Realty
Buyer's Agent
Ric Bowman
Weichert, REALTORS-BenchMark
List Price
$235,000
Sold Price
$208,000
Premium/Discount to List
-$27,000
-11.49%
Current Estimated Value
$323,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,761
Avg. Annual Appreciation
4.14%
Original Mortgage
$166,400
Outstanding Balance
$59,021
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$264,740

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 8, 2012
Sold by
Rose David and Rose Suzanne
Bought by
Smith Brandon M
Seller's Agent
David Rose
Aubrey Smith, REALTORS
Buyer's Agent
Angie Baker
Epique Realty
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$119,920
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2012
Closed on
Apr 30, 2012
Sold by
Barker Ronald W
Bought by
Rose David and Rose Suzanne
Seller's Agent
David Rose
Aubrey Smith, REALTORS
Buyer's Agent
Angie Baker
Epique Realty
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Henderson Linda M
Bought by
Barker Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Riverside 648 Llc
Bought by
Henderson Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dickey Larry L $208,000 None Available
Smith Brandon M $151,000 Multiple
Rose David $125,100 None Available
Barker Ronald W $270,000 Baymark Title & Escrow Servi
Henderson Linda M $249,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickey Larry L $166,400
Previous Owner Smith Brandon M $119,920
Previous Owner Barker Ronald W $243,000
Previous Owner Henderson Linda M $199,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2015 02/10/15 Sold $208,000 -11.5% $130 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
11/27/2014 11/27/14 For Sale $235,000 +55.6% $147 / Sq Ft
06/08/2012 06/08/12 Sold $151,000 +0.7% $94 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $149,900 -- $94 / 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 $2,307 $91,225 $4,625 $86,600
2024 $2,307 $68,050 $4,625 $63,425
2023 $4,145 $68,050 $4,625 $63,425
2022 $4,145 $68,050 $4,625 $63,425
2021 $4,194 $68,050 $4,625 $63,425
2020 $3,895 $53,750 $4,625 $49,125
2019 $3,895 $53,750 $4,625 $49,125
2018 $3,895 $53,750 $4,625 $49,125
2017 $2,209 $53,750 $4,625 $49,125
2016 $2,291 $52,425 $0 $0
2014 $2,291 $60,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angie Baker

    Seller's Agent in 2015

    Angie Baker

    Epique Realty

    (901) 647-2523

    3 in this area

    16 Total Sales

    Angie Baker
    Section Image
  • Ric Bowman

    Buyer's Agent in 2015

    Ric Bowman

    Weichert, REALTORS-BenchMark

    (901) 493-2309

    81 Total Sales

    Ric Bowman
    Section Image

  • D

    Seller's Agent in 2012

    David Rose

    Aubrey Smith, REALTORS

    (901) 878-9020

    14 Total Sales

    David Rose
    Section Image
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About Riverside 648

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9940915

Memphis Area Association of REALTORS®

APN: 00-2083-E0-0002

Tennessee Shelby County Memphis 38103 South Main

648 Riverside Dr Unit 202, Memphis, TN

Not Listed for Sale

Condos

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