NOT LISTED FOR SALE

River Tower at South Bluffs 655 S Riverside Dr Unit 908A Memphis, TN 38103

South Main Neighborhood

Estimated Value: $161,000 - $207,000

1 Bed
1 Bath
785 Sq Ft
1,002 Sq Ft Lot Lot

Sale Details

Date Sold: May 4, 2022

Last sale price $189,000 $241 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,078 / mo

25 Days on Market

Highlights

  • Water Views
  • 24-Hour Security
  • Gated Community
  • Fitness Center
  • In Ground Pool
  • 4-minute walk to Ashburn-Coppock Park

About This Home

As of May 2022

Welcome to Rivertower at South Bluffs! This quaint 1BR/1BA has Mississippi River and Harahan Bridge views from the balcony, wood laminate floors, and carpet in the Bedroom. Comes with 1 parking space #218. The building is located in its own gated neighborhood overlooking the river and Tom Lee Park. This condo building boasts a massive outdoor pool, tennis court, entertaining area in lobby with kitchen & bar for events, workout facility, yoga room, meeting room, and 24 hour security.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 03/15/2022

Co-Listed By

Jon Dickens

The Firm License #304275

Last Buyer's Agent

Nikki McKnett

Crye-Leike, Inc., REALTORS License #363249

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • Wrought Iron Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 785 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Loft
  • Security Gate

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Carport
  • Assigned Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Courtyard
  • Patio
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002086 B00103

Community Details

Overview

  • Property has a Home Owners Association
  • $377 Maintenance Fee
  • Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, parking, pest control contract, reserve fund, trash collection, all utilities, water/sewer
  • 153 Units
  • High-Rise Community
  • Rivertower Community
  • River Tower At South Bluffs, A Condomin Subdivision
  • Property managed by HM Heckle

Amenities

  • Trash Chute

Recreation

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

1,002 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • Cross Street: Georgia
  • MAAR Subdivision Name: RIVER TOWER AT SOUTH BLUFFS
  • Condo: Yes
  • List Price Per Sq Ft: 255
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 785
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s), 2 or More Elevators, Trash Chute
  • Other Rooms: Laundry Closet, Entry Hall, Loft/Balcony
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Gas Grill, Patio, Tennis Court, Courtyard, Balcony, Well Landscaped Grounds, Sidewalks, Iron Fence
  • Exterior Windows: Aluminum Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Security: Dead Bolt Lock(s), Full Time Guard Service, Limited Access, Security Gate
  • Water Sewer: Public Sewer, Public Water

Association/Amenities

  • Condo Amenities: Tennis Court(s), Exercise Room, Clubhouse, Clubhouse w/ Kitchen, Clubhouse w/Baths, Courtyard, Water View
  • Condo Fees Include: Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking, Pest Control Contract, Reserve Fund, Trash Collection, All Utilities, Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: Rivertower
  • Management Company: HM Heckle
  • Neighborhood Amenities: Gated Neighborhood, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 377

Lot Info

  • Lot Description: Some Trees, Level, Water View, Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 908A

Tax Info

  • Assessor Parcel Number: 002086 B00103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
May 4, 2022
Sold by
Pedro Velasquez Jr
Bought by
Trimarche Peter Nicholas and Trimarche Donna Lyn
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Nikki McKnett
Crye-Leike, Inc., REALTORS
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%
Current Estimated Value
$182,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,468
Avg. Annual Appreciation
-0.86%

Purchase Details

Closed on
Dec 1, 2020
Sold by
Olavarrietu Antonio
Bought by
Velasquez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,902
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2017
Closed on
May 10, 2017
Sold by
Midsouth Investment Holdings
Bought by
Velasquez Pedro and Olavarrieta Antonio
Seller's Agent
Charles Harbour
Coldwell Banker Collins-Maury
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$134,900
Sold Price
$131,500
Premium/Discount to List
-$3,400
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$124,925
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Sheikh Mussarat
Bought by
Prager Property Owner 2 Llc

Purchase Details

Closed on
Jul 31, 2013
Sold by
Fannie Mae
Bought by
Sheikh Mussarat

Purchase Details

Closed on
Jan 18, 2013
Sold by
Thaggert Henry L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 26, 2007
Sold by
River Tower At South Bluff Llc
Bought by
Thaggert Henry L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trimarche Peter Nicholas $189,000 Byrne & Associates Pllc
Velasquez Pedro -- None Available
Velasquez Pedro $131,500 Tri State Title Llc
Prager Property Owner 2 Llc $100,500 None Available
Sheikh Mussarat $90,000 None Available
Federal National Mortgage Association -- None Available
Thaggert Henry L $152,500 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Pedro $117,902
Previous Owner Velasquez Pedro $124,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2022 05/04/22 Sold $189,000 -5.5% $241 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $199,900 +52.0% $255 / Sq Ft
05/08/2017 05/08/17 Sold $131,500 -2.5% $1,315 / Sq Ft View Prior Sale
04/05/2017 04/05/17 Pending -- -- --
03/19/2017 03/19/17 For Sale $134,900 0.0% $1,349 / Sq Ft
10/25/2013 10/25/13 Rented $1,050 -16.0% --
10/25/2013 10/25/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $1,250 -- --
Source: Memphis Area Association of REALTORS®

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 $1,241 $40,150 $2,525 $37,625
2024 -- $36,600 $2,525 $34,075
2023 $2,230 $36,600 $2,525 $34,075
2022 $2,230 $36,600 $2,525 $34,075
2021 $1,263 $36,600 $2,525 $34,075
2020 $2,168 $29,925 $2,525 $27,400
2019 $956 $29,925 $2,525 $27,400
2018 $956 $29,925 $2,525 $27,400
2017 $979 $29,925 $2,525 $27,400
2016 $1,311 $30,000 $0 $0
2014 $1,311 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2022

    Mike Parker

    The Firm

    (901) 277-7275

    72 in this area

    249 Total Sales

    Mike Parker
    Section Image
  • Jon Dickens

    Seller Co-Listing Agent in 2022

    Jon Dickens

    The Firm

    (901) 496-5702

    6 in this area

    285 Total Sales

    Jon Dickens
    Section Image

  • N

    Buyer's Agent in 2022

    Nikki McKnett

    Crye-Leike, Inc., REALTORS

    Section Image

  • C

    Seller's Agent in 2017

    Charles Harbour

    Coldwell Banker Collins-Maury

    Section Image
  • Kevin Holt

    Seller Co-Listing Agent in 2017

    Kevin Holt

    Coldwell Banker Collins-Maury

    (901) 800-8249

    17 Total Sales

    Kevin Holt
    Section Image
  • Kira Auvert

    Buyer's Agent in 2017

    Kira Auvert

    Adaro Realty, Inc.

    (901) 848-3014

    163 Total Sales

    Kira Auvert
    Section Image
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About River Tower at South Bluffs

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119545

Memphis Area Association of REALTORS®

APN: 00-2086-B0-0103

Tennessee Shelby County Memphis 38103 South Main

655 S Riverside Dr Unit 908A, Memphis, TN

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