$487,000 - $588,000
RENTED JUL 23, 2024

Artesian 717 S Riverside Dr Unit 109 Memphis, TN 38103

South Main Neighborhood
3 Beds
3 Baths
1,667 Sq Ft
$324 Price per Sq Ft

Last Sold October 28, 2021

Last sale price $545,000 $327 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,573/month

About This Home

As of October 2021

Turnkey rental opportunity on a ground floor Artesian unit! Great for folks who want some outdoor space for dogs or entertaining, along with the convenience of "lock & leave" living in Memphis' most desired condo address. Best rooftop in town, outdoor resort style pool, heated indoor pool, professional gym, and yoga room. This unit has its own storage space and two covered garage parking spaces. No short term leases.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jul 26, 2024
Sold by
Williams William S and Williams Kathleen
Bought by
Skw Ventures Llc
Seller's Agent
Jake Lawhead
Ware Jones, REALTORS
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
Sold Price
$3,625
Views
33
Current Estimated Value
$540,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,659

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 28, 2021
Sold by
Austein Eric A and Austein Megan B
Bought by
Williams William S and Williams Kathleen
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$554,900
Sold Price
$545,000
Premium/Discount to List
-$9,900
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%

Purchase Details

Listed on
May 24, 2019
Closed on
Jun 27, 2019
Sold by
Carson Joseph R and Carson Kelli
Bought by
Austein Eric A and Austein Megan B
Seller's Agent
Gay Young
eXp Realty, LLC
Buyer's Agent
Mike Parker
The Firm
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$344,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Artesian Memphis Llc
Bought by
Carson Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.05%

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jan 15, 2016
Sold by
The Artesian Memphis Llc
Bought by
Carson Joseph R and Carson Kelli
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Victoria Fleming
Keller Williams
List Price
$255,000
Sold Price
$266,000
Premium/Discount to List
$11,000
4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$125,000
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Skw Ventures Llc -- None Listed On Document
Williams William S $545,000 Closetrak
Austein Eric A $430,000 Home Surety T&E Llc
Carson Joseph R -- --
Carson Joseph R $266,000 Home Surety Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Austein Eric A $244,000
Previous Owner Austein Eric A $344,000
Previous Owner Carson Joseph R $30,000
Previous Owner Carson Joseph R --
Previous Owner Carson Joseph R $30,000
Previous Owner Carson Joseph R $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Rented $3,625 +3.6% --
07/03/2024 07/03/24 For Rent $3,500 0.0% --
10/28/2021 10/28/21 Sold $545,000 -1.8% $341 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $554,900 +29.0% $347 / Sq Ft
06/20/2019 06/20/19 Sold $430,000 +1.2% $269 / Sq Ft
05/24/2019 05/24/19 For Sale $425,000 +59.8% $266 / Sq Ft
01/15/2016 01/15/16 Sold $266,000 +4.3% $166 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $255,000 -- $159 / Sq Ft

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 -- $108,050 $4,900 $103,150
2023 $6,582 $108,050 $4,900 $103,150
2022 $6,582 $108,050 $4,900 $103,150
2021 $2,931 $108,050 $4,900 $103,150
2020 $5,654 $66,275 $4,900 $61,375
2019 $4,798 $66,275 $4,900 $61,375
2018 $2,118 $66,275 $4,900 $61,375
2017 $2,168 $66,275 $4,900 $61,375
2016 $2,906 $66,500 $0 $0
2014 $652 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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