$245,483
SOLD JUL 7, 2016

Artesian 717 S Riverside Dr Unit 503 Memphis, TN 38103

South Main Neighborhood
2 Beds
2 Baths
1,200-1,399 Sq Ft
6 Acres

Recently Sold

$175 Per Sq Ft

1% Above List Price

Highlights

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

About This Home

As of May 2025

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, a rooftop deck with majestic river views, tennis court, bike storage, lobby lounge, library, event kitchens, workout facility, yoga room, pet park, and more. All units have gas ranges, stainless appliances, 10' ceilings, exterior porches. Shown by appointment only.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 10/17/2015

Co-Listed By

Jake Lawhead

Ware Jones, REALTORS License #296043

Last Buyer's Agent

Mike Parker

The Firm License #284810 Listed on: 10/17/2015

Property Details

Home Type

  • Condominium

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

  • 1,200-1,399 Sq Ft Home
  • 1,343 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
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

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
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

Parking

  • 2 Car Detached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • 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 C00038

Community Details

Overview

  • Property has a Home Owners Association
  • $396 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

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

Property Details

Home Type

Condominium

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: 180
  • Number Of Stories: 1
  • Price Per Sq Ft: 182.79
  • 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, 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, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • 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: 2
  • Equipment: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Instant Hot Water, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • 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: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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, 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, 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: Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 396

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 503
  • Acreage: 5.98
  • Price Per Acre: 40468

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002086 C00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2015
Closed on
Jul 5, 2016
Sold by
The Artesian Memphis Llc
Bought by
Wilson Bennie
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Mike Parker
The Firm
List Price
$242,000
Sold Price
$245,483
Premium/Discount to List
$3,483
1.44%
Total Days on Market
0
Current Estimated Value
$425,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,425
Avg. Annual Appreciation
6.32%
Original Mortgage
$215,000
Outstanding Balance
$177,055
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$251,271
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $245,483 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $435,000 -1.1% $363 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $439,900 -2.2% $367 / Sq Ft
09/17/2024 09/17/24 Price Changed $449,900 -2.2% $375 / Sq Ft
06/29/2024 06/29/24 For Sale $459,900 +87.3% $383 / Sq Ft
07/07/2016 07/07/16 Sold $245,483 +1.4% $205 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
10/17/2015 10/17/15 For Sale $242,000 -- $202 / 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 -- $105,900 $3,950 $101,950
2024 -- $90,600 $3,950 $86,650
2023 $5,519 $90,600 $3,950 $86,650
2022 $5,519 $90,600 $3,950 $86,650
2021 $5,584 $90,600 $3,950 $86,650
2020 $4,489 $61,950 $3,950 $58,000
2019 $4,489 $61,950 $3,950 $58,000
2018 $4,489 $61,950 $3,950 $58,000
2017 $2,546 $61,950 $3,950 $58,000
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 2025

    Mike Parker

    The Firm

    (901) 277-7275

    77 in this area

    269 Total Sales

    Section Image
  • Anna Bishop

    Buyer's Agent in 2025

    Anna Bishop

    Crye-Leike

    (901) 573-2832

    7 in this area

    267 Total Sales

    Section Image
  • Jake Lawhead

    Seller Co-Listing Agent in 2016

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    9 in this area

    42 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2016

    Malcolm Jones

    Keller Williams

See All Agents

About Artesian

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963504

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0038

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 503, Memphis, TN

This home is located at 717 S Riverside Dr Unit 503, Memphis, TN 38103 and is currently priced at $245,483, approximately $175 per square foot. This property was built in 2007. 717 S Riverside Dr Unit 503 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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