$303,000
SOLD APR 7, 2017

Artesian 717 S Riverside Dr Unit A1507 Memphis, TN 38103

South Main Neighborhood
2 Beds
2 Baths
1,000-1,199 Sq Ft
6 Acres

Recently Sold

$253 Per Sq Ft

Highlights

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

About This Home

As of September 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, 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: Mon, Thurs, Fri 10-6; Sat 11-4; Sun 1-4.

Last Agent to Sell the Property

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394 Listed on: 08/08/2016

Co-Listed By

Mike Parker

The Firm License #284810

Last Buyer's Agent

Ed Beasley

Sowell, Realtors License #50257

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

  • 1,000-1,199 Sq Ft Home
  • 1,097 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laundry closet

Kitchen

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

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
  • Separate Shower

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
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002086 C00142

Community Details

Overview

  • Property has a Home Owners Association
  • $324 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

  • Tennis Courts

Security

  • Security Guard
  • 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: 276
  • Number Of Stories: 1
  • Price Per Sq Ft: 276.21
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1097
  • 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, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • 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, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Fire Sprinklers, Smoke Detector(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Other Rooms: Laundry Closet, Storage Room
  • Total Bathrooms: 2
  • 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, Patio, Hot Tub, Tennis Court, Balcony, Pet Area
  • Exterior Windows: Synthetic Stucco, 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
  • Security: Fire Alarm, Smoke Detector(s), Limited Access, Part Time Guard Service
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Exercise Room
  • 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

Fee Information

  • Monthly Maintenance Fee: 324

Lot Info

  • Lot Description: Water View, Professionally Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 1507
  • Acreage: 5.89
  • Price Per Acre: 51358

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 002086 C00142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Yvonne Capkovic Carmen
Bought by
Strain Family Revocable Living Trust
Total Days on Market
0
Current Estimated Value
$367,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,700
Outstanding Balance
$277,548
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$87,354

Purchase Details

Closed on
Oct 15, 2019
Sold by
Dunavant Bedford F and Dunavant Melinda A
Bought by
Capkovic Carmen Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
The Artesian Memphis Llc
Bought by
Dunavant Bedford F and Dunavant Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,200
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $388,700 --
Warranty Deed $297,500 Home Surety T&E Llc
Warranty Deed $197,922 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,700 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $267,750 New Conventional
Previous Owner $168,200 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $400,000 0.0% $400 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $400,000 +32.0% $400 / Sq Ft
04/07/2017 04/07/17 Sold $303,000 +0.2% $303 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $302,500 -- $303 / 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 -- $88,175 $3,225 $84,950
2024 -- $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 $4,867 $78,975 $3,225 $75,750
2020 $3,616 $49,900 $3,225 $46,675
2019 $1,595 $49,900 $3,225 $46,675
2018 $1,595 $49,900 $3,225 $46,675
2017 $1,632 $49,900 $3,225 $46,675
2016 $652 $14,925 $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: 9983694

Memphis Area Association of REALTORS®

APN: 00-2086-C0-0042