NOT LISTED FOR SALE

Estimated Value: $99,000 - $159,000

1 Bed
1 Bath
512 Sq Ft
436 Sq Ft Lot

Last Sold April 28, 2022

Last sale price $105,500 $206 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $758/month

51 Days on Market

Highlights

  • Water Views
  • Traditional Architecture
  • Great Room
  • In Ground Pool
  • Wood Flooring
  • 3-minute walk to Fourth Bluff

About This Home

As of April 2022

Here is your opportunity to own a remarkable cozy unit in the amazing Shrine building downtown . You won't find another river view at this price. Studio unit with all the amenities of the more expensive units. Rooftop deck, Jr Olympic Pool and so much more. Ideal for a weekend downtown hang-out pad, University of Memphis law student or traveling business person. Walk to everything Downtown. Full price offers and seller will include 6 months of paid parking

Last Agent to Sell the Property

John Stamps

The Stamps Real Estate Company License #256233 Listed on: 03/05/2022

Last Buyer's Agent

John Stamps

The Stamps Real Estate Company License #256233 Listed on: 03/05/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $942

Year Built

  • Built in 1923

Lot Details

  • 436

Home Design

  • Traditional Architecture

Interior Spaces

  • 1 Full Bathroom
  • 512 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Den
  • Efficiency Studio
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002038 A00049

Community Details

Overview

  • Property has a Home Owners Association
  • $325 Maintenance Fee
  • High-Rise Condominium
  • Shrine Building Condos First Amend Subdivision

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$942

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: SHRINE BUILDING CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 227
  • Number Of Stories: 1
  • Price Per Sq Ft: 206.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 512
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, 1 Bath
  • Additional Bedroom Bathroom Info: Eff/Studio
  • Estimated Heated Sq Ft Range: 0-999
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Cable Available
  • Living Dining Kitchen: Great Room
  • Misc Interior: All Window Treatments, Cat/Dog Free House
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Nbrhd Recreation Facility
  • Exterior Windows: Stone, Double Pane Window(s)
  • Pool Description: In Ground

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Water View
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 325

Lot Info

  • Lot Number: UNIT 803
  • Acreage: 0.01
  • Price Per Acre: 11625000

Multi Family

  • Number Of Rooms: 2

Tax Info

  • Assessor Parcel Number: 002038 A00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
May 2, 2022
Sold by
Brooks Robert A
Bought by
Johnson Robert L
Seller's Agent
John Stamps
The Stamps Real Estate Company
Buyer's Agent
John Stamps
The Stamps Real Estate Company
List Price
$119,000
Sold Price
$105,500
Premium/Discount to List
-$13,500
-11.34%
Current Estimated Value
$122,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,459
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Oct 30, 2008
Sold by
Arndt Michael and Arndt Elizabeth
Bought by
Brooks Robert Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,080
Interest Rate
6.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 3, 2006
Sold by
Shrine Investment Co
Bought by
Arndt Michael and Arndt Elizabeth
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
Johnson Robert L $105,500 --
Brooks Robert Anthony $97,600 Edco Title & Closing Service
Arndt Michael $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Robert Anthony $97,600
Previous Owner Brooks Robert Anthony $59,200
Previous Owner Brooks Robert Anthony $58,959
Previous Owner Brooks Robert Anthony $78,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $105,500 -9.2% $206 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $116,250 -1.4% $227 / Sq Ft
04/05/2022 04/05/22 Price Changed $117,900 -0.9% $230 / Sq Ft
03/05/2022 03/05/22 For Sale $119,000 -- $232 / 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 $942 $37,175 $250 $36,925
2024 $942 $27,775 $250 $27,525
2023 $1,692 $27,775 $250 $27,525
2022 $1,692 $27,775 $250 $27,525
2021 $754 $27,775 $250 $27,525
2020 $634 $19,850 $250 $19,600
2019 $634 $19,850 $250 $19,600
2018 $634 $19,850 $250 $19,600
2017 $649 $19,850 $250 $19,600
2016 $881 $20,150 $0 $0
2014 $881 $20,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118853

Memphis Area Association of REALTORS®

APN: 00-2038-A0-0049