NOT LISTED FOR SALE

Riverside 648 648 Riverside Dr Unit 204 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $297,118 - $329,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1,307 Sq Ft Lot

Last Sold October 03, 2019

Last sale price $256,000 $160 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,822/month

4 Days on Market

Highlights

  • Water Views
  • The property is located in a historic district
  • Updated Kitchen
  • Fitness Center
  • Gated Parking
  • 4-minute walk to Ashburn-Coppock Park

About This Home

As of October 2019

Beautiful 2 bedroom 2 bath condo located in the 648 Riverside Building. This condo has high ceilings, beautiful concrete floors, breakfast bar, updated kitchen countertops and backsplash, updated master shower, spacious bedrooms, lots of closet space, patio with view of Harahan bridge. 648 has incredible rooftop with a breathtaking view, fitness room, lobby for entertaining, 2 parking spaces, low HOA. More photos coming.

Last Agent to Sell the Property

Anna-Grace Williams

Adaro Realty, Inc. License #330778 Listed on: 08/24/2019

Adaro Realty, Inc.

Last Buyer's Agent

Rip Haney

Marx-Bensdorf, REALTORS License #253298

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1932

Lot Details

  • 1,307

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,584 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Open Floorplan
  • Water Views
  • Security Gate

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Guest Parking
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Air
  • Radiant Ceiling
  • 220 Volts
  • Cable TV Available

Additional Features

  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 002083 E00004

Community Details

Overview

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • 648 Riverside Community
  • Riverside 648 Condos 3Rd Amendment Subdivision
  • Property managed by H M Heckle

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: Georgia
  • MAAR Subdivision Name: RIVERSIDE 648 CONDOMINIUMS
  • Condo: Yes
  • Historic District: Gayoso-Peabody HP
  • List Price Per Sq Ft: 162
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1584
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Kit/DR Combo
  • Misc Interior: Walk-In Closet(s)
  • P R I M A R Y B E D R O O M: Walk-In Closet, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Historic District, Balcony
  • Exterior Windows: Brick Veneer, Double Pane Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Gated Parking, Parking Lot, Assigned Parking, Designated Guest Parking, On-Street Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Ceiling Heat
  • Security: Smoke Detector(s), Security Gate, Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room, Water View
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: 648 Riverside
  • Management Company: H M Heckle

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Description: Water View
  • Lot Number: UNIT 204
  • Acreage: 0.03

Tax Info

  • Assessor Parcel Number: 002083 E00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Oct 3, 2019
Sold by
Dryden Stephen and Dryden Jessica Holley
Bought by
Marsico Robert
Seller's Agent
Anna-Grace Williams
Adaro Realty, Inc.
Buyer's Agent
Rip Haney
Marx-Bensdorf, REALTORS
List Price
$255,900
Sold Price
$256,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$313,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,280
Avg. Annual Appreciation
3.27%
Original Mortgage
$204,800
Outstanding Balance
$136,536
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$176,744

Purchase Details

Listed on
Jan 13, 2017
Closed on
Mar 3, 2017
Sold by
Kearney William H
Bought by
Dryden Stephen C and Holley Jessica
Seller's Agent
Jo Shaner
Keller Williams
Buyer's Agent
Anna-Grace Williams
Adaro Realty, Inc.
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$205,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2006
Sold by
Riverside 648 Llc
Bought by
Kearney William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,600
Interest Rate
6.39%
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
Marsico Robert $256,000 Multiple
Dryden Stephen C $205,000 Edco Title & Closing Svcs In
Kearney William H $239,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsico Robert $204,800
Previous Owner Dryden Stephen C $205,000
Previous Owner Kearney William H $191,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2019 10/03/19 Sold $256,000 0.0% $183 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $255,900 +24.8% $183 / Sq Ft
03/10/2017 03/10/17 Sold $205,000 -2.4% $114 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $210,000 -- $117 / 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 $2,209 $86,975 $4,375 $82,600
2024 $2,209 $65,175 $4,375 $60,800
2023 $3,970 $65,175 $4,375 $60,800
2022 $3,970 $65,175 $4,375 $60,800
2021 $2,249 $65,175 $4,375 $60,800
2020 $3,777 $52,125 $4,375 $47,750
2019 $1,666 $52,125 $4,375 $47,750
2018 $1,666 $52,125 $4,375 $47,750
2017 $1,705 $52,125 $4,375 $47,750
2016 $2,546 $58,250 $0 $0
2014 $2,546 $58,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anna-Grace Williams

    Seller's Agent in 2019

    Anna-Grace Williams

    Adaro Realty, Inc.

    (901) 487-5828

    4 in this area

    31 Total Sales

    Anna-Grace Williams
    Section Image
  • Rip Haney

    Buyer's Agent in 2019

    Rip Haney

    Marx-Bensdorf, REALTORS

    (901) 351-2190

    1 in this area

    81 Total Sales

    Rip Haney
    Section Image

  • J

    Seller's Agent in 2017

    Jo Shaner

    Keller Williams

    Section Image
  • Danny Lipsey

    Seller Co-Listing Agent in 2017

    Danny Lipsey

    Keller Williams

    (901) 261-7918

    64 Total Sales

    Danny Lipsey
    Section Image
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About Riverside 648

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10060473

Memphis Area Association of REALTORS®

APN: 00-2083-E0-0004

Tennessee Shelby County Memphis 38103 South Main

648 Riverside Dr Unit 204, Memphis, TN

Not Listed for Sale

Condos

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