$409,000
SOLD NOV 8, 2016

Artesian 717 S Riverside Dr Unit 1305 Memphis, TN 38103

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

Recently Sold

$227 Per Sq Ft

1% Above List Price

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

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, a rooftop deck with majestic river views, tennis court, bike storage, event kitchens, workout facility, yoga room, pet park, and more. All units have gas ranges, stainless appliances, 10' ceilings, exterior porches, at least 2 parking spots. Shown BY APPOINTMENT: Mon - Fri 10-6; Sat 11-4; Sun 1-4.

Last Agent to Sell the Property

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394 Listed on: 10/22/2015

Co-Listed By

Mike Parker

The Firm License #284810

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,698

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
  • 1,617 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage 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
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Detached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • 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
  • $477 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
  • Artesian Condominiums Subdivision
  • Property managed by Downtown Condo Conn

Amenities

  • Trash Chute

Recreation

  • Community Spa

Security

  • 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 2007 | 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: 253
  • Number Of Stories: 1
  • Price Per Sq Ft: 252.94
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1617
  • 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, 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, Gas Logs
  • 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, Washer, Dryer, 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
  • 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, Hardwood Floor

Exterior Features

  • Misc Exterior: Gas Grill, Patio, 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, 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
  • Condominium Association: Yes
  • Condominium Name: The Artesian
  • Management Company: Downtown Condo Conn
  • Neighborhood Amenities: Gated Neighborhood

Fee Information

  • Monthly Maintenance Fee: 477

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 1305
  • Acreage: 5.98
  • Price Per Acre: 68395

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
Current Estimated Value
$555,190

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
3.51%
Original Mortgage
$40,900
Interest Rate
3.47%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $569,900 Austin Law Firm Pa
Interfamily Deed Transfer -- None Available
Warranty Deed $490,000 None Available
Warranty Deed $390,000 None Available
Warranty Deed $409,000 Title & Escrow Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Closed $219,900 New Conventional
Previous Owner $392,000 New Conventional
Previous Owner $360,500 New Conventional
Previous Owner $395,000 Adjustable Rate Mortgage/ARM
Previous Owner $40,900 Stand Alone Second
Previous Owner $327,200 Adjustable Rate Mortgage/ARM
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
2025 $3,698 $146,450 $4,750 $141,700
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

  • Mike Parker

    Seller's Agent in 2020

    Mike Parker

    The Firm

    (901) 277-7275

    71 in this area

    259 Total Sales

    Mike Parker
    Section Image

  • E

    Buyer's Agent in 2020

    Emma Turri

    901 Real Estate Services

    Section Image
  • Ashley Bonds

    Seller's Agent in 2016

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    3 in this area

    69 Total Sales

    Ashley Bonds
    Section Image

  • N

    Buyer's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

About Artesian

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963813

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0120

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 1305, Memphis, TN

This home is located at 717 S Riverside Dr Unit 1305, Memphis, TN 38103 and is currently priced at $409,000, approximately $227 per square foot. This property was built in 2007. 717 S Riverside Dr Unit 1305 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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