$545,000
SOLD OCT 28, 2021 RENTED JUL 23, 2024

Artesian 717 S Riverside Dr Unit 109 Memphis, TN 38103

South Main Neighborhood
3 Beds
2.5 Baths
1,600-1,799 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$303 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

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

About This Home

As of October 2021

Sensational first floor condo available! 3BR/2.5BA + Flex Room floorplan in the Artesian! Picturesque fenced backyard oasis with low-maintenance turf in lieu of grass, & professional landscaping. New tile on exterior porch, Buzz-Off mosquito system included, $40 per month. Interior has new paint in flex room, new lighting upgrades in the living room, dining room & above kitchen island. Included are reserved garage parking spaces 306 # 307, storage unit 109 in the garage basement.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810

Last Buyer's Agent

Jake Lawhead

Ware Jones, REALTORS License #296043

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

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

  • 1,600-1,799 Sq Ft Home
  • 1,622 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Gated Parking
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Storage
  • 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 C00004

Community Details

Overview

  • Property has a Home Owners Association
  • $655 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 The Subdivision
  • Property managed by Downtown Condo Conn

Amenities

  • Trash Chute

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

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)
  • Cross Street: Channel 3 Drive
  • MLS Map #: 745A
  • MAAR Subdivision Name: ARTESIAN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 342
  • Number Of Stories: 1
  • Price Per Sq Ft: 336
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1622
  • Year Built: 2007
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Cat/Dog Free House, Smoke Detector(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Room, Office/Sewing Room, Entry Hall, Storage Room
  • Total Bathrooms: 2.1
  • 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, Hot Tub, Tennis Court, On-Site Storage, 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: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Side-Load Garage, Gated Parking, Assigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Security: Fire Alarm, Smoke Detector(s), Limited Access, Part Time Guard Service, 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: Gated Neighborhood, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 655

Lot Info

  • Lot Description: Level, Water View, Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 109
  • Acreage: 0.05
  • Price Per Acre: 11098000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 002086 C00004

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
Total Days on Market
2
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

Map

About Artesian

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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $545,000 Closetrak
Warranty Deed $430,000 Home Surety T&E Llc
Deed -- --
Warranty Deed $266,000 Home Surety Title & Escrow L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $244,000 New Conventional
Previous Owner $344,000 New Conventional
Previous Owner $30,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $30,000 Future Advance Clause Open End Mortgage
Previous Owner $125,000 Adjustable Rate Mortgage/ARM
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
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
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

Source: Memphis Area Association of REALTORS®

MLS Number: 10108700

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0004

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 109, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 717 S Riverside Dr Unit 109, Memphis, TN 38103 and is currently priced at $545,000, approximately $302 per square foot. This property was built in 2007. 717 S Riverside Dr Unit 109 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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