NOT LISTED FOR SALE

Artesian 717 S Riverside Dr Unit 1203 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $430,000 - $547,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
1,568 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $302,000 $216 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,693/month

Highlights

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

About This Home

As of June 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, rooftop deck w/gas grill & majestic river views, tennis court, bike storage, event kitchens, workout facility, library, lobby lounge, yoga room, pet park, and more. All units have gas ranges, stainless, appliances, 10' ceilings, exterior porcnes. Shown BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Jake Lawhead

Ware Jones, REALTORS License #296043 Listed on: 10/05/2015

Ware Jones, REALTORS

Co-Listed By

Mike Parker

The Firm License #284810

Last Buyer's Agent

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,170

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • Dog Run
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer

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
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In 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 Detached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Courtyard
  • Deck
  • Outdoor Storage
  • 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 C00108

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, pest control contract
  • 143 Units
  • High-Rise Condominium
  • The Artesian Community
  • Horizon Condominiums Subdivision
  • Property managed by Downtown Condo Conn.

Amenities

  • Trash Chute

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,170

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
  • MAAR Subdivision Name: ARTESIAN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 225
  • Number Of Stories: 1
  • 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: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: 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, Entry Hall, Storage Room
  • 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: Auto Lawn Sprinkler, Gas Grill, Dog Run, Deck, Hot Tub, Tennis Court, Courtyard, On-Site Storage, Wood Fence, Pet Area, Sidewalks, Brick/Ironed Fence
  • 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, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Hot Tub, Exercise Room, Courtyard, Water View
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • 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: Water View, Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 1203

Tax Info

  • Assessor Parcel Number: 002086 C00108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Jun 27, 2016
Sold by
The Artesian Memphis Llc
Bought by
Chitmon Wayne and Chitmon Ashley
Seller's Agent
Jake Lawhead
Ware Jones, REALTORS
Buyer's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
List Price
$302,000
Sold Price
$302,000
Current Estimated Value
$464,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,225
Avg. Annual Appreciation
4.71%
Original Mortgage
$256,700
Outstanding Balance
$205,188
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$259,037
Source: Public Records

Range of Values:

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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
Chitmon Wayne $302,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitmon Wayne $256,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $302,000 0.0% $252 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $302,000 -- $252 / 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 $3,170 $118,875 $3,950 $114,925
2024 $3,170 $93,500 $3,950 $89,550
2023 $5,696 $93,500 $3,950 $89,550
2022 $5,696 $93,500 $3,950 $89,550
2021 $5,762 $93,500 $3,950 $89,550
2020 $5,491 $75,775 $3,950 $71,825
2019 $5,491 $75,775 $3,950 $71,825
2018 $5,491 $75,775 $3,950 $71,825
2017 $3,114 $75,775 $3,950 $71,825
2016 $652 $14,925 $0 $0
2014 $652 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Lawhead

    Seller's Agent in 2016

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    5 in this area

    35 Total Sales

    Jake Lawhead
    Section Image
  • Mike Parker

    Seller Co-Listing Agent in 2016

    Mike Parker

    The Firm

    (901) 277-7275

    72 in this area

    252 Total Sales

    Mike Parker
    Section Image
  • Ashley Bonds

    Buyer's Agent in 2016

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    3 in this area

    69 Total Sales

    Ashley Bonds
    Section Image
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About Artesian

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9962583

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0108

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 1203, Memphis, TN

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