NOT LISTED FOR SALE

Riverside 648 648 Riverside Dr Unit 212 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $314,000 - $511,000

2 Beds
2 Baths
1,800-1,999 Sq Ft
1,742 Sq Ft Lot

Last Sold August 13, 2015

Last sale price $235,000 $118 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,337/month

265 Days on Market

Highlights

  • Fitness Center
  • Updated Kitchen
  • Contemporary Architecture
  • Gated Parking
  • Deck
  • 4-minute walk to Ashburn-Coppock Park

About This Home

As of August 2015

HUGE second-floor condo with 2BR/2BA+office/flex room. 1 garage parking space, 1 gated space, & 2 storage units. This condo has an open floorplan with large bedrooms, 2 full bathrooms, an office, laundry room, & balcony. Kitchen has gas cooking and sale includes refrigerator, washer and dryer. Common area amenities include a common area lobby with TV and pool table, then take the elevator up to the large rooftop with restroom, gas grills, prep kitchen and outstanding river and city views !

Last Listed By

Mike Parker

The Firm License #284810 Listed on: 10/22/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,326

Year Built

  • Built in 2005

Lot Details

  • Dog Run
  • Wrought Iron Fence
  • Landscaped
  • Few Trees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,937 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Storage Room

Kitchen

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

Flooring

  • Partially Carpeted
  • Laminate
  • 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

Home Security

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Lot

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 002083 E00012

Community Details

Overview

  • Property has a Home Owners Association
  • $359 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, reserve fund, parking, pest control contract
  • 66 Units
  • Mid-Rise Condominium
  • Riverside 648 Condos Community
  • Riverside 648 Condos 3Rd Amendment Subdivision
  • Property managed by Keith Collins Mgmt.

Amenities

  • Trash Chute

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,326

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: Georgia Avenue
  • MLS Map #: 745D
  • MAAR Subdivision Name: RIVERSIDE 648 CONDOMINIUMS
  • Condo: Yes
  • Handicap Design: Wheelchair Mobility
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1
  • Price Per Sq Ft: 121.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1937
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 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: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), 2 or More Elevators, Trash Chute
  • Other Rooms: Laundry Room, Office/Sewing Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Whirlpool Tub, 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, Carpet

Exterior Features

  • Misc Exterior: Gas Grill, Deck, Balcony, Pet Area, Sidewalks, Iron Fence
  • Exterior Windows: Synthetic Stucco, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Back-Load Garage, Gated Parking, Parking Lot, Assigned Parking, Common Parking Garage

Utilities

  • Cooling: Central, Common Cooling System
  • Heating: Central, Common Heat System
  • Security: Smoke Detector(s), Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Riverside 648 Condos
  • Management Company: Keith Collins Mgmt.

Fee Information

  • Monthly Maintenance Fee: 359

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Iron Fenced
  • Lot Number: UNIT 212
  • Acreage: 0.04
  • Price Per Acre: 6122500

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 002083 E00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Aug 13, 2015
Sold by
Valluzzo Michael
Bought by
Holder Virgil P and Holder Amy E
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Total Days on Market
265
Current Estimated Value
$386,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,674
Avg. Annual Appreciation
4.26%
Original Mortgage
$223,250
Outstanding Balance
$179,637
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$173,564

Purchase Details

Closed on
Sep 12, 2008
Sold by
Riverside 648 Llc
Bought by
Valluzzo Michael

Purchase Details

Closed on
Jun 30, 2008
Sold by
Riverside 648 Llc
Bought by
Valluzzo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

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
Holder Virgil P $235,000 Attorney
Valluzzo Michael $285,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holder Virgil P $223,250
Previous Owner Valluzzo Michael $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $235,000 -5.6% $131 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $249,000 -- $138 / 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
2024 $2,326 $68,600 $5,475 $63,125
2023 $4,179 $68,600 $5,475 $63,125
2022 $4,179 $68,600 $5,475 $63,125
2021 $4,228 $68,600 $5,475 $63,125
2020 $3,924 $54,150 $5,475 $48,675
2019 $3,924 $54,150 $5,475 $48,675
2018 $3,924 $54,150 $5,475 $48,675
2017 $2,226 $54,150 $5,475 $48,675
2016 $1,768 $40,450 $0 $0
2014 $1,768 $40,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2015

    Mike Parker

    The Firm

    (901) 277-7275

    76 in this area

    269 Total Sales

    Mike Parker
    Section Image
  • Richard Travers

    Buyer's Agent in 2015

    Richard Travers

    Crye-Leike

    (901) 218-3961

    21 in this area

    208 Total Sales

    Richard Travers
    Section Image
See All Agents

About Riverside 648

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9938628

Memphis Area Association of REALTORS®

APN: 00-2083-E0-0012

Tennessee Shelby County Memphis 38103 South Main

648 Riverside Dr Unit 212, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 648 Riverside Dr Unit 212, Memphis, TN 38103 since 22 October 2014 and is currently estimated at $386,674, approximately $193 per square foot. This property was built in 2005. 648 Riverside Dr Unit 212 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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