NOT LISTED FOR SALE

Riverside 648 648 Riverside Dr Unit 304 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $305,000 - $347,000

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

Last Sold October 10, 2014

Last sale price $232,000 $129 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,936/month

142 Days on Market

Highlights

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

About This Home

As of October 2014

Beautiful 3rd Floor unit facing the river. Granite countertops, stainless steel appliances, gas cooking, and workout facility and beautiful rooftop river views. Hardwood & new tile floors. Nice draperies. 2 gated parking places - one inside and one outside. All appliances stay. FHA APPROVED!

Last Agent to Sell the Property

Jill Finkey Lucchesi

Sowell, Realtors License #287483 Listed on: 05/12/2014

Last Buyer's Agent

Kathryn Garland

Crye-Leike, Inc., REALTORS License #303945

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 2005

Lot Details

  • 1,307

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,447 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Termite Clearance

Parking

  • 1 Covered Space
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard

Additional Features

  • Brick Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002083 E00026

Community Details

Overview

  • Property has a Home Owners Association
  • $350 Maintenance Fee
  • Association fees include some utilities, trash collection, exterior maintenance, grounds maintenance, management fees, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • Riverside 648 Community
  • Riverside 648 Condos 3Rd Amendment Subdivision
  • Property managed by Keith Collins

Recreation

Additional Features

  • Trash Chute
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,110

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)
  • Detached Unit Type: General Residential
  • Cross Street: Georgia
  • MLS Map #: 745D
  • MAAR Subdivision Name: RIVERSIDE 648 CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 163
  • Number Of Stories: 1
  • Price Per Sq Ft: 160.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1447
  • Termite Contract: Yes
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Smooth Ceiling, Tile Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Trash Chute
  • Other Rooms: Laundry Room, Entry Hall
  • 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: Walk-In Closet, Full Bath, Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Courtyard, Balcony, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Security Gate, Limited Access

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 350

Lot Info

  • Lot Description: Brick/Iron Fenced
  • Lot Number: UNIT 304
  • Acreage: 0.03
  • Price Per Acre: 7866667

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 002083 E00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Oct 10, 2014
Sold by
Patterson Robert
Bought by
Mulhern Donald F
Seller's Agent
Jill Finkey Lucchesi
Sowell, Realtors
Buyer's Agent
Kathryn Garland
Crye-Leike, Inc., REALTORS
List Price
$239,000
Sold Price
$232,000
Premium/Discount to List
-$7,000
-2.93%
Current Estimated Value
$325,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,609
Avg. Annual Appreciation
3.16%
Original Mortgage
$212,454
Outstanding Balance
$165,571
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$160,038

Purchase Details

Closed on
Feb 18, 2011
Sold by
Bollinger Richard K and Bollinger Sophia R
Bought by
Patterson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,808
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2006
Sold by
Riverside 648 Llc
Bought by
Bollinger Richard K and Bollinger Sophia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Mulhern Donald F $232,000 Delta Title Services Llc
Patterson Robert $224,500 None Available
Bollinger Richard K $262,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulhern Donald F $212,454
Closed Mulhern Donald F $212,454
Previous Owner Patterson Robert $218,808
Previous Owner Bollinger Richard K $205,000
Previous Owner Bollinger Richard K $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $232,000 -2.9% $145 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $239,000 -- $149 / 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 $2,110 $82,775 $4,075 $78,700
2024 $2,110 $62,250 $4,075 $58,175
2023 $3,792 $62,250 $4,075 $58,175
2022 $3,792 $62,250 $4,075 $58,175
2021 $3,837 $62,250 $4,075 $58,175
2020 $3,654 $50,425 $4,075 $46,350
2019 $3,654 $50,425 $4,075 $46,350
2018 $3,654 $50,425 $4,075 $46,350
2017 $2,072 $50,425 $4,075 $46,350
2016 $2,407 $55,075 $0 $0
2014 $2,407 $55,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jill Finkey Lucchesi

    Sowell, Realtors

    (901) 491-8446

    1 in this area

    39 Total Sales

    Jill Finkey Lucchesi
    Section Image
  • Kathryn Garland

    Buyer's Agent in 2014

    Kathryn Garland

    Crye-Leike

    (901) 644-8751

    7 in this area

    76 Total Sales

    Kathryn Garland
    Section Image
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About Riverside 648

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9926473

Memphis Area Association of REALTORS®

APN: 00-2083-E0-0026

Tennessee Shelby County Memphis 38103 South Main

648 Riverside Dr Unit 304, Memphis, TN

This home is located at 648 Riverside Dr Unit 304, Memphis, TN 38103 since 12 May 2014 and is currently estimated at $325,609, approximately $180 per square foot. This property was built in 2005. 648 Riverside Dr Unit 304 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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