$311,685
SOLD MAR 24, 2016

Artesian 717 S Riverside Dr Unit 506 Memphis, TN 38103

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

Recently Sold

$173 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 November 2024

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: 01/18/2015

Co-Listed By

Jake Lawhead

Ware Jones, REALTORS License #296043

Last Buyer's Agent

Mike Parker

The Firm License #284810 Listed on: 01/18/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,584

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
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laundry 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
  • 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 C00041

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

$3,584

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: 190
  • Number Of Stories: 1
  • Price Per Sq Ft: 192.76
  • 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, 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, 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, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: 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, 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: Gated Neighborhood, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 477

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 506
  • Acreage: 5.98
  • Price Per Acre: 51505

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002086 C00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Nov 6, 2024
Sold by
Case Shannan M and Diley Katielynn Faith
Bought by
Hussey Jane Annesley
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$564,900
Sold Price
$535,000
Premium/Discount to List
-$29,900
-5.29%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$348,912
Outstanding Balance
$308,309
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$246,539

Purchase Details

Closed on
Nov 8, 2019
Sold by
Case Shannon
Bought by
Case Shannan M and Diley Katielynn Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2015
Closed on
Mar 24, 2016
Sold by
The Artesian Memphis Llc
Bought by
Case Shannan
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Mike Parker
The Firm
List Price
$308,000
Sold Price
$311,685
Premium/Discount to List
$3,685
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$279,589
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $535,000 None Listed On Document
Warranty Deed $535,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $311,685 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,912 New Conventional
Closed $348,912 New Conventional
Previous Owner $229,000 New Conventional
Previous Owner $279,589 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $563,000 -0.2% $352 / Sq Ft
04/03/2025 04/03/25 For Sale $564,000 +5.4% $353 / Sq Ft
11/12/2024 11/12/24 Sold $535,000 -5.3% $334 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $564,900 +81.2% $353 / Sq Ft
03/24/2016 03/24/16 Sold $311,685 +1.2% $195 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $308,000 -- $193 / 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 $3,584 $130,425 $4,750 $125,675
2024 $3,584 $105,725 $4,750 $100,975
2023 $6,440 $105,725 $4,750 $100,975
2022 $6,440 $105,725 $4,750 $100,975
2021 $6,516 $105,725 $4,750 $100,975
2020 $5,630 $77,700 $4,750 $72,950
2019 $5,630 $77,700 $4,750 $72,950
2018 $5,630 $77,700 $4,750 $72,950
2017 $3,193 $77,700 $4,750 $72,950
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 2025

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    9 in this area

    41 Total Sales

    Jake Lawhead
    Section Image
  • Mike Parker

    Seller's Agent in 2024

    Mike Parker

    The Firm

    (901) 277-7275

    71 in this area

    258 Total Sales

    Mike Parker
    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: 9963505

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0041

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 506, Memphis, TN

This home is located at 717 S Riverside Dr Unit 506, Memphis, TN 38103 and is currently priced at $311,685, approximately $173 per square foot. This property was built in 2007. 717 S Riverside Dr Unit 506 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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