NOT LISTED FOR SALE

Artesian 717 S Riverside Dr Unit 108 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $423,000 - $439,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
6 Acres

Last Sold January 15, 2016

Last sale price $199,000 $142 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,549/month

Highlights

  • Water Views
  • Newly Remodeled
  • Updated Kitchen
  • Fitness Center
  • In Ground Pool
  • 5-minute walk to Martyrs Park

About This Home

As of January 2016

Welcome to The Artesian Metropolitan Residences! This 16-story high rise offers stunning, contemporary condos, sweeping views, and dozens of amenities. The building boasts indoor & outdoor pools, poolside cabanas, a rooftop deck with majestic river views, tennis court, bike storage, lobby lounge, library, event kitchens, workout facility, yoga room, pet park, and more. All units have gas ranges, stainless appliances, 10' ceilings, exterior porches. Shown BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 10/16/2015

Co-Listed By

Jake Lawhead

Ware Jones, REALTORS License #296043

Last Buyer's Agent

Mike Parker

The Firm License #284810 Listed on: 10/16/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,071

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • Dog Run
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally

Home Design

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

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,343 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Shared Hot Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002086 C00003

Community Details

Overview

  • Property has a Home Owners Association
  • $396 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • 143 Units
  • High-Rise Condominium
  • The Artesian Community
  • Artesian Condominiums Subdivision
  • Property managed by Downtown Condo Conn

Amenities

  • Trash Chute

Recreation

  • Community Spa

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,071

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Channel 3 Drive
  • MLS Map #: 745A
  • MAAR Subdivision Name: ARTESIAN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 148
  • Number Of Stories: 1
  • Price Per Sq Ft: 148.18
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1343
  • Year Built: 2007
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • 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, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, 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, Dog Run, Patio, Deck, Hot Tub, Tennis Court, Sidewalks
  • Exterior Windows: Synthetic Stucco, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Assigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Fire Alarm, Smoke Detector(s), Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Common Hot Water

Association/Amenities

  • Condo Amenities: Tennis Court(s), Hot Tub, Exercise Room, Water View
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: The Artesian
  • Management Company: Downtown Condo Conn
  • Neighborhood Amenities: Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 396

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 108
  • Acreage: 5.98
  • Price Per Acre: 33278

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002086 C00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Jan 12, 2016
Sold by
The Artesian Memphis Llc
Bought by
Parker James Michael
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Mike Parker
The Firm
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$420,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,903
Avg. Annual Appreciation
8.26%
Original Mortgage
$178,901
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Parker James Michael $199,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker James Michael $100,000
Open Parker James Michael $179,000
Closed Parker James Michael $60,000
Closed Parker James Michael $50,000
Closed Parker James $180,035
Closed Parker James Michael $178,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $199,000 0.0% $166 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $199,000 -- $166 / 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 $3,071 $105,900 $3,950 $101,950
2024 $3,071 $90,600 $3,950 $86,650
2023 $5,519 $90,600 $3,950 $86,650
2022 $5,519 $90,600 $3,950 $86,650
2021 $5,584 $90,600 $3,950 $86,650
2020 $3,623 $50,000 $3,950 $46,050
2019 $3,623 $50,000 $3,950 $46,050
2018 $3,623 $50,000 $3,950 $46,050
2017 $2,055 $50,000 $3,950 $46,050
2016 $2,174 $49,750 $0 $0
2014 $652 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2016

    Mike Parker

    The Firm

    (901) 277-7275

    75 in this area

    263 Total Sales

    Section Image
  • Jake Lawhead

    Seller Co-Listing Agent in 2016

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    9 in this area

    42 Total Sales

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About Artesian

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963400

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0003

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 108, Memphis, TN

This home is located at 717 S Riverside Dr Unit 108, Memphis, TN 38103 since 16 October 2015 and is currently estimated at $430,613, approximately $307 per square foot. This property was built in 2007. 717 S Riverside Dr Unit 108 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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