NOT LISTED FOR SALE

Artesian 717 S Riverside Dr Unit 602 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $504,000 - $590,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
1,960 Sq Ft Lot

Last Sold November 02, 2015

Last sale price $325,315 $181 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,202/month

1 Day on Market

Highlights

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

About This Home

As of November 2015

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. Shown BY APPOINTMENT ONLY: Mon, Thurs, Fri 10-6; Sat 11-4; Sun 1-4. Call (901) 552-4141.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 09/21/2015

Co-Listed By

Jake Lawhead

Ware Jones, REALTORS License #296043

Last Buyer's Agent

Amy Woods

Crye-Leike, Inc., REALTORS License #310857

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,702

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
  • 1,667 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • 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
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 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

  • Courtyard
  • Deck
  • 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 C00047

Community Details

Overview

  • Property has a Home Owners Association
  • $492 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
  • The Artesian Community
  • Artesian Condominiums Subdivision
  • Property managed by Donwtown Condo Conn.

Amenities

  • Trash Chute

Recreation

  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,702

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)
  • Cross Street: Channel 3 Drive
  • MLS Map #: 745A
  • MAAR Subdivision Name: Artesian Condominiums
  • Condo: Yes
  • List Price Per Sq Ft: 191
  • Number Of Stories: 1
  • Price Per Sq Ft: 195.15
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1667
  • 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, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, 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, Entry Hall, Storage Room
  • Total Bathrooms: 2.1
  • 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, Dog Run, Deck, Hot Tub, Tennis Court, Courtyard, Wood Fence, Pet Area, 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
  • 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, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Hot Tub, Exercise Room, Courtyard, 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: The Artesian
  • Management Company: Donwtown Condo Conn.
  • Neighborhood Amenities: Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 492

Lot Info

  • Lot Description: Water View, Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 602

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002086 C00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 2, 2015
Sold by
The Artesian Memphis Llc
Bought by
Marney Samuel Rowe
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Amy Woods
Crye-Leike, Inc., REALTORS
List Price
$318,000
Sold Price
$325,315
Premium/Discount to List
$7,315
2.3%
Current Estimated Value
$530,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,684
Avg. Annual Appreciation
4.94%
Original Mortgage
$292,458
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Marney Samuel Rowe $325,315 Realty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marney Samuel R $264,601
Previous Owner Marney Samuel Rowe $292,458
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $325,315 +2.3% $203 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $318,000 -- $199 / 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 $3,702 $135,050 $4,900 $130,150
2024 $3,702 $109,200 $4,900 $104,300
2023 $6,652 $109,200 $4,900 $104,300
2022 $6,652 $109,200 $4,900 $104,300
2021 $6,730 $109,200 $4,900 $104,300
2020 $5,835 $80,525 $4,900 $75,625
2019 $5,835 $80,525 $4,900 $75,625
2018 $5,835 $80,525 $4,900 $75,625
2017 $3,310 $80,525 $4,900 $75,625
2016 $3,551 $81,250 $0 $0
2014 $652 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Parker

    Seller's Agent in 2015

    Mike Parker

    The Firm

    (901) 277-7275

    75 in this area

    261 Total Sales

    Mike Parker
    Section Image
  • Jake Lawhead

    Seller Co-Listing Agent in 2015

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    9 in this area

    41 Total Sales

    Jake Lawhead
    Section Image
  • Amy Woods

    Buyer's Agent in 2015

    Amy Woods

    Crye-Leike

    (901) 485-7005

    2 in this area

    104 Total Sales

    Amy Woods
    Section Image
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About Artesian

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9961614

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0047

Tennessee Shelby County Memphis 38103 South Main

717 S Riverside Dr Unit 602, Memphis, TN

This home is located at 717 S Riverside Dr Unit 602, Memphis, TN 38103 since 21 September 2015 and is currently estimated at $530,999, approximately $295 per square foot. This property was built in 2007. 717 S Riverside Dr Unit 602 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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