NOT LISTED FOR SALE

65 E Pontotoc Ave Unit 303 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $415,000 - $514,000

2 Beds
2.5 Baths
2,000-2,199 Sq Ft
1,133 Sq Ft Lot

Last Sold June 14, 2021

Last sale price $475,000 $216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,035/month

35 Days on Market

Highlights

  • Landscaped Professionally
  • Soft Contemporary Architecture
  • Bonus Room
  • Wood Flooring
  • Whirlpool Bathtub
  • 3-minute walk to MLK Reflection Park

About This Home

As of June 2021

Here ya go. Only one like it on the market. This three story dream condo is amazing. Unlike the conversions downtown this building was built as condos and feels spacious and well planned. Featuring a huge kitchen open to the living area on the main floor, 2 bedrooms on 2nd floor with 2 baths, and a 3rd story entertainment room with wetbar, and huge private balcony with river views. Private and gated (super secure building) 2 garage spaces included and elevator up. Common areas for entertaining.

Last Agent to Sell the Property

Danny Freeman

Crye-Leike, Inc., REALTORS License #224177 Listed on: 04/02/2021

Crye-Leike, Inc., REALTORS

Co-Listed By

Aubrey Tilson

Crye-Leike, Inc., REALTORS License #299942

Last Buyer's Agent

Carol Lott

BHHS McLemore & Co., Realty License #225648

BHHS McLemore & Co., Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 2008

Lot Details

  • Brick Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Soft Contemporary Architecture
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,121 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Security Gate
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Assigned Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Patio
  • Outdoor Storage

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002102 A00010

Community Details

Overview

  • Property has a Home Owners Association
  • $507 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees
  • Mid-Rise Condominium
  • Rivercrest Community
  • 2Nd Amendment Rivercrest Condominiums Subdivision
  • Property managed by EZR Management

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,140

Year Built

Built in 2008

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: Front
  • MLS Map #: 745A
  • MAAR Subdivision Name: RIVER CREST CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 226
  • Number Of Stories: 3
  • Price Per Sq Ft: 223.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2121
  • Termite Contract: Yes
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, 1/2 Bath, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 5 Description: Smooth Ceiling
  • Bedrooms: 2
  • Fireplace: Prefabricated, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Great Room, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Tile Floor, Carpet

Exterior Features

  • Misc Exterior: Patio, On-Site Storage, Balcony, Brick or Stone Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Back-Load Garage, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, 3 or More Systems
  • Security: Security Gate
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees
  • Condominium Association: Yes
  • Condominium Name: RIvercrest
  • Management Company: EZR Management

Fee Information

  • Monthly Maintenance Fee: 507

Lot Info

  • Lot Description: Level, Corner, Professionally Landscaped
  • Lot Number: UNIT 303
  • Lot Size: 00

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002102 A00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Lawrence Kelsey Dianne Jacobson and Lawrence Ronald
Bought by
Lawrence Family Revocable Trust and Lawrence
Current Estimated Value
$506,562

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 14, 2021
Sold by
Ray James A and Ray Dana B
Bought by
Lawrence Kelsey Dianne Jacobson and Lawrence Ronald Clark
Seller's Agent
Danny Freeman
Crye-Leike, Inc., REALTORS
Buyer's Agent
Carol Lott
BHHS McLemore & Co., Realty
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$403,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2010
Closed on
Sep 7, 2012
Sold by
Parrish Katherine
Bought by
Ray James A and Ray Dana B
Seller's Agent
Sue Tines
901 Real Estate Services
Buyer's Agent
Angie Baker
Epique Realty
List Price
$349,500
Sold Price
$245,000
Premium/Discount to List
-$104,500
-29.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$220,500
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 4, 2010
Sold by
Front Street Partners Llc
Bought by
Parrish Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2009
Sold by
Merchants & Farmers Bank
Bought by
Front Street Partners Llc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Pickle L Scott
Bought by
Merchants & Farmers Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lawrence Family Revocable Trust -- None Listed On Document
Lawrence Kelsey Dianne Jacobson $475,000 Realty Title & Escrow
Ray James A $229,000 None Available
Parrish Katherine $375,000 None Available
Front Street Partners Llc $1,100,000 None Available
Merchants & Farmers Bank $1,550,414 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawrence Kelsey Dianne Jacobson $403,750
Previous Owner Ray James Alex $250,000
Previous Owner Ray James Alex $212,800
Previous Owner Ray James A $220,500
Previous Owner Parrish Katherine $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $475,000 -0.9% $238 / Sq Ft
04/23/2021 04/23/21 Price Changed $479,500 +0.9% $240 / Sq Ft
04/23/2021 04/23/21 Price Changed $475,000 -3.1% $238 / Sq Ft
04/02/2021 04/02/21 For Sale $490,000 +100.0% $245 / Sq Ft
09/07/2012 09/07/12 Sold $245,000 -29.9% $123 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
11/12/2010 11/12/10 For Sale $349,500 -- $175 / 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 $3,140 $106,875 $5,650 $101,225
2024 $3,140 $92,625 $5,650 $86,975
2023 $5,642 $92,625 $5,650 $86,975
2022 $5,642 $92,625 $5,650 $86,975
2021 $5,709 $92,625 $5,650 $86,975
2020 $5,786 $79,850 $5,650 $74,200
2019 $2,552 $79,850 $5,650 $74,200
2018 $2,552 $79,850 $5,650 $74,200
2017 $2,612 $79,850 $5,650 $74,200
2016 $2,963 $67,800 $0 $0
2014 $2,963 $67,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Freeman

    Seller's Agent in 2021

    Danny Freeman

    Crye-Leike, Inc., REALTORS

    (901) 406-3224

    2 in this area

    279 Total Sales

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  • Aubrey Tilson

    Seller Co-Listing Agent in 2021

    Aubrey Tilson

    Crye-Leike, Inc., REALTORS

    (901) 618-7250

    2 in this area

    218 Total Sales

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  • Carol Lott

    Buyer's Agent in 2021

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    44 in this area

    351 Total Sales

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  • S

    Seller's Agent in 2012

    Sue Tines

    901 Real Estate Services

  • Angie Baker

    Buyer's Agent in 2012

    Angie Baker

    Epique Realty

    (901) 647-2523

    3 in this area

    16 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096383

Memphis Area Association of REALTORS®

APN: 00-2102-A0-0010

Tennessee Shelby County Memphis 38103 South Main

65 E Pontotoc Ave Unit 303, Memphis, TN

This home is located at 65 E Pontotoc Ave Unit 303, Memphis, TN 38103 since 02 April 2021 and is currently estimated at $470,649, approximately $214 per square foot. This property was built in 2008. 65 E Pontotoc Ave Unit 303 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Southwest Early College High School.

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