NOT LISTED FOR SALE

Artesian 717 S Riverside Dr Unit 207 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $319,000 - $413,000

1 Bed
2 Baths
1,000-1,199 Sq Ft
1,307 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $395,000 $329 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,224/month

6 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 July 2022

Fantastic 1BR/2BA+Flex Room available in the Artesian. Multiple upgrades in this condo from 2019 - new wood floors, window treatments, new toilets, fresh paint throughout, new HVAC with wireless thermostat upgrade, 2 new fans, tile on exterior porch, & new dishwasher 2021. Parking spaces #35 and 36, & 1 Storage unit #126 in the basement of the garage, included. Refrigerator, Washer & Dryer included. The Artesian has an indoor pool, outdoor pool, tennis court, gym, pet park & rooftop deck!

Last Listed By

Mike Parker

The Firm License #284810 Listed on: 05/29/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,677

Year Built

  • Built in 2007

Lot Details

  • Dog Run
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,133 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Storage Room
  • Security Gate

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Side Facing Garage

Pool

  • In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • 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 C00012

Community Details

Overview

  • Property has a Home Owners Association
  • $474 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
  • Artesian Community
  • Artesian Condominiums The Subdivision
  • Property managed by Wright Property Mgmt

Amenities

  • Trash Chute

Recreation

  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,677

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Cross Street: Georgia
  • MLS Map #: 745A
  • MAAR Subdivision Name: ARTESIAN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 353
  • Number Of Stories: 1
  • Price Per Sq Ft: 348.63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1133
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2 or More Baths, Laundry Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 1
  • Bedrooms Down: 1
  • 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, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • 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 Closet, Office/Sewing Room, Entry Hall, Loft/Balcony, Storage Room
  • Total Bathrooms: 2
  • 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, Pool Cleaning Equipment, Gas Grill, Dog Run, Hot Tub, Tennis Court, On-Site Storage, Balcony, Well Landscaped Grounds, Storage, Pet Area, Sidewalks, Brick/Ironed Fence
  • Exterior Windows: Synthetic Stucco, Aluminum 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: Storage Room(s), Side-Load Garage, Assigned Parking, Common Parking Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Smoke Detector(s), Security Gate, Limited Access, Part Time Guard Service, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Hot Tub, Exercise Room, Clubhouse w/ Kitchen, Clubhouse w/Baths, 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: Artesian
  • Management Company: Wright Property Mgmt
  • Neighborhood Amenities: Gated Neighborhood, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 474

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Brick/Iron Fenced
  • Lot Number: 207
  • Acreage: 0.03
  • Price Per Acre: 13330000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002086 C00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Jul 6, 2022
Sold by
Felts Revocable Living Trust
Bought by
Skelton Jamie and Skelton Michael
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Stacey Berry
Keller Williams
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Total Days on Market
6
Current Estimated Value
$357,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,402
Avg. Annual Appreciation
-3.97%
Original Mortgage
$296,250
Outstanding Balance
$285,075
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$66,416

Purchase Details

Closed on
Mar 2, 2021
Sold by
Felts George B and Felts Traci E
Bought by
Felts George B and Felts Traci E

Purchase Details

Closed on
Jul 26, 2018
Sold by
Felts George B
Bought by
Felts George B and Felts Traci E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 11, 2015
Sold by
The Artesian Memphis Llc
Bought by
Burnstad Hugh and Burnstad Theresa L
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Oct 26, 2015
Closed on
Nov 13, 2015
Sold by
The Artesian Memphis Llc
Bought by
Kardos John and Kardos Faye
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$165,000
Sold Price
$165,000

Range of Values:

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Average Value
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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
Skelton Jamie $395,000 Griffin Clift Everton And Masc
Felts George B -- None Available
Felts George B -- None Available
Felts George B $150,000 None Available
Burnstad Hugh $260,561 Attorney
Kardos John $1,635,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skelton Jamie $296,250
Previous Owner Felts George B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $395,000 -1.2% $395 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/29/2022 05/29/22 For Sale $399,900 +142.4% $400 / Sq Ft
11/13/2015 11/13/15 Sold $165,000 0.0% $165 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $165,000 -- $165 / 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 $2,677 $78,975 $3,225 $75,750
2023 $4,811 $78,975 $3,225 $75,750
2022 $4,811 $78,975 $3,225 $75,750
2021 $2,725 $78,975 $3,225 $75,750
2020 $3,032 $41,850 $3,225 $38,625
2019 $1,338 $41,850 $3,225 $38,625
2018 $1,338 $41,850 $3,225 $38,625
2017 $1,369 $41,850 $3,225 $38,625
2016 $1,803 $41,250 $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: 10125054

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0012