$490,000
SOLD JUL 26, 2018

Artesian 717 S Riverside Dr Unit 1106 Memphis, TN 38103

South Main Neighborhood
3 Beds
3 Baths
1,600-1,799 Sq Ft
6 Acres

Recently Sold

$272 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

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

About This Home

As of August 2019

Beautiful 11th floor condo in the Artesian! Majestic views of the Mississippi, the newly lit Harahan Bridge, & amenities galore. White quartz countertops, kitchen accent cabinets, quartz backsplash & stainless appliances, including gas cooking. Building boasts a pet park, indoor pool, hot tub, outdoor pool, workout facility and yoga room, cabanas, tennis court, rooftop deck and patio spaces with gas grills. Unit includes large, climate-controlled storage space, plus 2 reserved parking spaces

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 06/22/2018

Last Buyer's Agent

Pam Beall

Crye-Leike, Inc., REALTORS License #292580

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 2015

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
  • 1,617 Sq Ft Home
  • 1.2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • 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
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

Parking

  • 2 Car Detached 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002086 C00101

Community Details

Overview

  • Property has a Home Owners Association
  • $525 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • 143 Units
  • High-Rise Condominium
  • The Artesian Community
  • Horizon Condominiums Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Trash Chute
  • Community Storage Space

Recreation

  • Community Spa

Security

  • Gated Community
  • Building Fire Alarm
  • 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)
  • Detached Unit Type: General Residential
  • Cross Street: Channel 3 Dr
  • MLS Map #: 745A
  • MAAR Subdivision Name: ARTESIAN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 297
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 303.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1617
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Private Full Bath, Carpet
  • Bedroom 3 Description: Level 1, Private Full Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Gas Grill, Patio, Deck, Hot Tub, Tennis Court, Balcony, Pet Area, 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: 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

Association/Amenities

  • Condo Amenities: Tennis Court(s), Hot Tub, Exercise Room, On-Site Storage, Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: The Artesian
  • Management Company: Wright Property Mgmt
  • Neighborhood Amenities: Gated Neighborhood

Fee Information

  • Monthly Maintenance Fee: 525

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 1106
  • Acreage: 5.98
  • Price Per Acre: 80251

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002086 C00101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Elizabeth Few Grant Trust
Bought by
Marrs Carey J and Marrs Cary G
Current Estimated Value
$575,252

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%

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
Source: Public Records

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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 $510,000 None Available
Warranty Deed $490,000 Close Trak Closing & Title S
Warranty Deed $401,041 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Credit Line Revolving
Previous Owner $392,000 New Conventional
Previous Owner $359,000 New Conventional
Previous Owner $360,536 Adjustable Rate Mortgage/ARM
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
2025 $4,424 $146,450 $4,750 $141,700
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: 10030152

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0101