NOT LISTED FOR SALE

Artesian 717 S Riverside Dr Unit 1305 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $513,000 - $585,000

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

Last Sold April 01, 2020

Last sale price $490,000 $272 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,346/month

157 Days on Market

Highlights

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

About This Home

As of April 2020

3BR/3BA condo with open plan JUST LISTED in the Artesian! Unit has one climate-controlled storage space in the hallway outside the condo, plus 2 reserved parking spaces in the garage (#232 & 233). BUYER'S INCENTIVE of 6 months condo fees ($577 per month) paid on behalf of the buyer ($3,462) PLUS, Relo.Co. will provide a home warranty! Building has indoor pool & hot tub, outdoor pool, rooftop deck, lounge, library, gym, board room, bike storage, garage, dog park, gas grills & security/mgmt.

Last Listed By

Mike Parker

The Firm License #284810 Listed on: 10/06/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 2015 | 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

  • 1,600-1,799 Sq Ft Home
  • 1,617 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Storage Room
  • Laundry Room
  • Security Gate

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
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Detached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Patio
  • 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 C00120

Community Details

Overview

  • Property has a Home Owners Association
  • $577 Maintenance Fee
  • Association fees include 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
  • Aretsian Condominiums Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Trash Chute

Recreation

  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,698

Year Built

Built in 2015 | Newly Remodeled

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: 315
  • Number Of Stories: 1
  • Price Per Sq Ft: 303.03
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1617
  • Year Built: 2015
  • 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, 2 or More Baths, Laundry Room
  • 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: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Carpet
  • Bedroom 3 Description: Level 1, Private Full Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 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: All Window Treatments, 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, Entry Hall, Loft/Balcony, 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, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Patio, Deck, Hot Tub, Tennis Court, Balcony, Well Landscaped Grounds, 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
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Assigned Parking, Designated Guest Parking, Common Parking Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Security: Fire Alarm, Smoke Detector(s), Security Gate, 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: 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: Wright Property Mgmt
  • Neighborhood Amenities: Gated Neighborhood, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 577

Lot Info

  • Lot Description: Water View, Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 1305
  • Acreage: 5.98
  • Price Per Acre: 85117

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002086 C00120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2022
Sold by
Stott Charles J and Stott Elizabeth T
Bought by
Jehl Louis C and Jehl Lisa B
Total Days on Market
157
Current Estimated Value
$542,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,900
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2021
Sold by
Stott Charles J and Stott Elizabeth T
Bought by
Stott Charles J and Stott Elizabeth T

Purchase Details

Closed on
Jan 21, 2020
Sold by
Harsch Lisa Marie and Miller Jeremy Patrick
Bought by
Stott Charles J and Stott Elizabeth T

Purchase Details

Closed on
Mar 3, 2018
Sold by
Cobb Brandley
Bought by
Poineal Ralf F and Mcneal Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 22, 2015
Closed on
Nov 8, 2016
Sold by
The Arteslan Memphis Llc
Bought by
Harsch Lisa Marie
Seller's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$404,000
Sold Price
$409,000
Premium/Discount to List
$5,000
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$40,900
Interest Rate
3.47%
Mortgage Type
Stand Alone Second

Range of Values:

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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
Jehl Louis C $569,900 Austin Law Firm Pa
Stott Charles J -- None Available
Stott Charles J $490,000 None Available
Poineal Ralf F $390,000 None Available
Harsch Lisa Marie $409,000 Title & Escrow Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jehl Louis C $250,000
Closed Jehl Louis C $219,900
Previous Owner Stott Charles J $392,000
Previous Owner Miller Lisa H $360,500
Previous Owner Poineal Ralf F $395,000
Previous Owner Harsh Lisa Marie $40,900
Previous Owner Harsch Lisa Marie $327,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $490,000 -3.7% $306 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $509,000 -1.9% $318 / Sq Ft
02/06/2020 02/06/20 Price Changed $519,000 -1.1% $324 / Sq Ft
02/03/2020 02/03/20 Price Changed $525,000 -0.8% $328 / Sq Ft
01/07/2020 01/07/20 Price Changed $529,000 -0.9% $331 / Sq Ft
11/22/2019 11/22/19 Price Changed $534,000 -0.9% $334 / Sq Ft
10/23/2019 10/23/19 Price Changed $539,000 -1.1% $337 / Sq Ft
10/06/2019 10/06/19 For Sale $545,000 +33.3% $341 / Sq Ft
11/08/2016 11/08/16 Sold $409,000 +1.2% $256 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $404,000 -- $253 / 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 $3,698 $109,075 $4,750 $104,325
2023 $6,644 $109,075 $4,750 $104,325
2022 $6,644 $109,075 $4,750 $104,325
2021 $6,722 $109,075 $4,750 $104,325
2020 $7,416 $102,350 $4,750 $97,600
2019 $3,271 $102,350 $4,750 $97,600
2018 $3,271 $102,350 $4,750 $97,600
2017 $3,348 $102,350 $4,750 $97,600
2016 $652 $14,925 $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: 10063538

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0120