$159,000
SOLD MAR 29, 2012

Riverside 648 648 Riverside Dr Unit 407 Memphis, TN 38103

South Main Neighborhood
2 Beds
2 Baths
1,200-1,399 Sq Ft
871 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

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

About This Home

As of November 2017

Great looking condo - one of the best deals downtown. Incredible rooftop views, balcony and 2BR 2BA all for $162,500 !!! Granite counters, gas cooking, stainless appliances, and workout facility and rooftop river views. Second gated parking space incl.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 01/27/2012

Last Buyer's Agent

Richard Travers

Crye-Leike, Inc., REALTORS License #234229

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1932

Lot Details

  • Dog Run

Home Design

  • Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,365 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft
  • Laundry closet

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002083 E00051

Community Details

Overview

  • Property has a Home Owners Association
  • $277 Maintenance Fee
  • Association fees include some utilities, water/sewer, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • 66 Units
  • Mid-Rise Condominium
  • Riverside 648 Community
  • Riverside 648 Condos 3Rd Amendment Subdivision
  • Property managed by Keith Collins Mgmt

Recreation

Additional Features

  • Trash Chute
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,736

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: GEORGIA
  • MLS Map #: 745D
  • MAAR Subdivision Name: RIVERSIDE 648 CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 116.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1365
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar
  • Misc Interior: 2 or More Elevators, Trash Chute
  • Other Rooms: Laundry Closet, 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, Balcony, Pet Area
  • Exterior Windows: Double Pane Window(s)
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

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

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 277

Lot Info

  • Lot Number: UNIT 407

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002083 E00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Mar 27, 2012
Sold by
Riverside 48 Llc
Bought by
Tyson Allison
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$162,500
Sold Price
$159,000
Premium/Discount to List
-$3,500
-2.15%
Current Estimated Value
$284,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,857
Avg. Annual Appreciation
4.46%
Original Mortgage
$143,435
Outstanding Balance
$99,944
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$184,913

Purchase Details

Closed on
Aug 11, 2011
Sold by
Koehn Susan Rosenbaum
Bought by
Riverside 648 Llc

Purchase Details

Closed on
Aug 5, 2011
Sold by
Koehn Susan R
Bought by
Riverside 648 Llc

Purchase Details

Closed on
Mar 20, 2009
Sold by
Riverside 648 Llc
Bought by
Koehn Susan Rosenbaum
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 $159,000 Multiple
Quit Claim Deed $2,000 Multiple
Quit Claim Deed -- Mid South Title Services Llc
Warranty Deed $163,000 Mid South Title Services Llc
Quit Claim Deed $2,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,914 FHA
Open $143,435 FHA
Previous Owner $164,711 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $208,500 -5.2% $174 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $220,000 +38.4% $183 / Sq Ft
03/29/2012 03/29/12 Sold $159,000 -2.2% $133 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $162,500 -- $135 / 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 $1,736 $64,725 $3,575 $61,150
2024 $1,736 $51,200 $3,575 $47,625
2023 $3,119 $51,200 $3,575 $47,625
2022 $3,119 $51,200 $3,575 $47,625
2021 $3,155 $51,200 $3,575 $47,625
2020 $3,098 $42,750 $3,575 $39,175
2019 $3,098 $42,750 $3,575 $39,175
2018 $3,098 $42,750 $3,575 $39,175
2017 $1,757 $42,750 $3,575 $39,175
2016 $1,737 $39,750 $0 $0
2014 $1,737 $39,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donnie Morrow

    Seller's Agent in 2017

    Donnie Morrow

    eXp Realty, LLC

    (901) 505-0756

    532 Total Sales

    Section Image
  • Crystal Mitchell

    Buyer's Agent in 2017

    Crystal Mitchell

    Crye-Leike

    (901) 461-6828

    1 in this area

    46 Total Sales

    Section Image
  • Mike Parker

    Seller's Agent in 2012

    Mike Parker

    The Firm

    (901) 277-7275

    75 in this area

    263 Total Sales

    Section Image
  • Richard Travers

    Buyer's Agent in 2012

    Richard Travers

    Crye-Leike

    (901) 218-3961

    19 in this area

    201 Total Sales

    Section Image
See All Agents

About Riverside 648

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3239931

Memphis Area Association of REALTORS®

APN: 00-2083-E0-0051

Tennessee Shelby County Memphis 38103 South Main

648 Riverside Dr Unit 407, Memphis, TN

This home is located at 648 Riverside Dr Unit 407, Memphis, TN 38103 and is currently priced at $159,000, approximately $113 per square foot. This property was built in 1932. 648 Riverside Dr Unit 407 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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