NOT LISTED FOR SALE

Riverside 648 648 Riverside Dr Unit 418 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $214,000 - $264,000

1 Bed
1 Bath
1,000-1,199 Sq Ft
1,263 Sq Ft Lot

Last Sold May 02, 2012

Last sale price $116,000 $97 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,445/month

12 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Main Floor Primary Bedroom
  • Updated Kitchen
  • Wood Flooring
  • 4-minute walk to Ashburn-Coppock Park

About This Home

As of May 2012

1 Bedroom, 1 Bath, Living Room, balcony, hardwood flooring, high ceilings, breakfast bar, laundry room. Rooftop patio w/gas grills. Workout facility.24 hr gated/enclosed parking. Lobby has gathering room w/seating, pool table, exterior patio area.

Last Listed By

Micky Jackson

Cowgirl Realty, LLC License #281690 Listed on: 03/08/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1932

Lot Details

  • Brick Fence

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,126 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Security Gate
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Shared Heating and Cooling
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 002083 E00062

Community Details

Overview

  • Property has a Home Owners Association
  • $260 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance
  • 66 Units
  • Mid-Rise Condominium
  • Riverside 648 Community
  • Riverside 648 Condos 3Rd Amendment Subdivision
  • Property managed by KEITH S. COLLINS CO
  • The community has rules related to allowing corporate owners

Recreation

Pet Policy

  • No Pets Allowed

Additional Features

  • Trash Chute
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,570

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 AVE
  • MLS Map #: 745D
  • MAAR Subdivision Name: RIVERSIDE 648 CONDOMINIUMS
  • Condo: Yes
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 103.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1126
  • Year Built: 1932
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Cat/Dog Free House, 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Gas Grill, Deck, Balcony, Brick or Stone Fence
  • Exterior Windows: Brick Veneer, Synthetic Stucco
  • 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: Assigned Parking, Common Parking Garage

Utilities

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

Association/Amenities

  • Condo Amenities: Exercise Room
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance
  • Condominium Association: Yes
  • Condominium Name: RIVERSIDE 648
  • Management Company: KEITH S. COLLINS CO

Fee Information

  • Monthly Maintenance Fee: 260

Lot Info

  • Lot Number: UNIT 418

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 002083 E00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2015
Sold by
Gold David A
Bought by
Siebert Marcy C
Total Days on Market
12
Current Estimated Value
$237,060

Purchase Details

Listed on
Mar 8, 2012
Closed on
Apr 25, 2012
Sold by
Bank Of America Na
Bought by
Gold David
Seller's Agent
Micky Jackson
Cowgirl Realty, LLC
Buyer's Agent
Terry Roach
Adaro Realty, Inc.
List Price
$108,500
Sold Price
$116,000
Premium/Discount to List
$7,500
6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Elliott Michael
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 14, 2006
Sold by
Riverside 648 Llc
Bought by
Elliott Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,717
Interest Rate
6.75%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Siebert Marcy C $143,000 Attorney
Gold David $116,000 Tri State & Escrow Inc
Bank Of America Na $100,800 None Available
Elliott Michael $189,647 Ltic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siebert Marcy C $100,000
Closed Siebert Marcy C $25,000
Previous Owner Gold David $101,000
Previous Owner Elliott Michael $151,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $116,000 +6.9% $116 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $108,500 -- $109 / 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 $1,570 $46,300 $3,150 $43,150
2023 $2,820 $46,300 $3,150 $43,150
2022 $2,820 $46,300 $3,150 $43,150
2021 $2,854 $46,300 $3,150 $43,150
2020 $2,607 $35,975 $3,150 $32,825
2019 $2,607 $35,975 $3,150 $32,825
2018 $2,607 $35,975 $3,150 $32,825
2017 $1,479 $35,975 $3,150 $32,825
2016 $1,524 $34,875 $0 $0
2014 $1,524 $34,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Micky Jackson

    Cowgirl Realty, LLC

  • C

    Seller Co-Listing Agent in 2012

    Calvin Jackson

    Cowgirl Realty, LLC

  • Terry Roach

    Buyer's Agent in 2012

    Terry Roach

    Adaro Realty, Inc.

    (901) 258-6710

    33 Total Sales

    Terry Roach
    Section Image
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About Riverside 648

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3242497

Memphis Area Association of REALTORS®

APN: 00-2083-E0-0062

Tennessee Shelby County Memphis 38103 South Main

648 Riverside Dr Unit 418, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 648 Riverside Dr Unit 418, Memphis, TN 38103 since 08 March 2012 and is currently estimated at $237,060, approximately $197 per square foot. This property was built in 1932. 648 Riverside Dr Unit 418 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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