NOT LISTED FOR SALE

Artesian 717 S Riverside Dr Unit 1106 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $543,000 - $644,190

3 Beds
3 Baths
1,600-1,799 Sq Ft
1,917 Sq Ft Lot

Last Sold August 28, 2019

Last sale price $510,000 $283 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,723/month

2 Days on Market

Highlights

  • Water Views
  • 24-Hour Security
  • Landscaped Professionally
  • Fitness Center
  • In Ground Pool
  • 5-minute walk to Martyrs Park

About This Home

As of August 2019

Gorgeous 11th floor condo in the sought after Artesian.Views of the Mississippi River and the Harahan Bridge from all windows.So many updates in the last 12 months.New Quartzite kitchen counter tops,hand selected custom tiled back splash,new porcelain kitchen sink freshly painted interior and under cabinet lighting added.The condo also features storage unit that is conveniently located next to the unit in the hallway.A large balcony with majestic views,sunblocking shades. 3 closets in the master

Last Listed By

Pam Beall

Crye-Leike, Inc., REALTORS License #292580 Listed on: 07/31/2019

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 2015

Lot Details

  • Dog Run
  • Landscaped Professionally

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,678 Sq Ft Home
  • 1.2-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Open Floorplan
  • Storage Room
  • Security Gate

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Courtyard

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 002086 C00101

Community Details

Overview

  • Property has a Home Owners Association
  • $578 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • High-Rise Condominium
  • Artesian Condominium Community
  • Horizon Condominiums Subdivision
  • Property managed by Wright Property Mngt

Amenities

Recreation

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,424

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • MLS Map #: 745A
  • MAAR Subdivision Name: ARTESIAN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 313
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 303.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1678
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections, Kit/DR Combo
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Dog Run
  • Exterior Windows: Aluminum Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Assigned Parking, Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Security Gate, Full Time Guard Service
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Exercise Room, Clubhouse, Courtyard, Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Artesian Condominium
  • Management Company: Wright Property Mngt
  • Neighborhood Amenities: Club House, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 578

Lot Info

  • Lot Description: Water View, Professionally Landscaped
  • Lot Number: 1106

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002086 C00101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Aug 29, 2019
Sold by
Springfield Susan L
Bought by
Marrs Carey J and Marrs Cary G
Seller's Agent
Pam Beall
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jon Dickens
The Firm
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Total Days on Market
2
Current Estimated Value
$599,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,063
Avg. Annual Appreciation
2.53%

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 26, 2018
Sold by
Felts George B and Felts Traci E
Bought by
Springfield Susan L
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Pam Beall
Crye-Leike, Inc., REALTORS
List Price
$479,900
Sold Price
$490,000
Premium/Discount to List
$10,100
2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$392,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 7, 2015
Sold by
The Artesian Memphis Llc
Bought by
Felts George B and Felts Traci E
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$388,000
Sold Price
$401,042
Premium/Discount to List
$13,042
3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$360,536
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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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
Marrs Carey J $510,000 None Available
Springfield Susan L $490,000 Close Trak Closing & Title S
Felts George B $401,041 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrs Carey J $400,000
Previous Owner Springfield Susan L $392,000
Previous Owner Felts George B $359,000
Previous Owner Felts George B $360,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $510,000 -2.9% $319 / Sq Ft
07/31/2019 07/31/19 For Sale $525,000 +7.1% $328 / Sq Ft
07/26/2018 07/26/18 Sold $490,000 +2.1% $306 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $479,900 +19.7% $300 / Sq Ft
12/07/2015 12/07/15 Sold $401,042 +3.4% $251 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $388,000 -- $243 / 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
2024 $4,424 $130,500 $4,750 $125,750
2023 $7,950 $130,500 $4,750 $125,750
2022 $7,950 $130,500 $4,750 $125,750
2021 $4,502 $130,500 $4,750 $125,750
2020 $7,260 $100,200 $4,750 $95,450
2019 $3,202 $100,200 $4,750 $95,450
2018 $3,202 $100,200 $4,750 $95,450
2017 $3,278 $100,200 $4,750 $95,450
2016 $4,370 $100,000 $0 $0
2014 $652 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058635

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0101