NOT LISTED FOR SALE

721 Litty Ct Unit 103 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $216,000 - $265,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
1,655 Sq Ft Lot

Last Sold May 23, 2012

Last sale price $146,000 $81 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,455/month

51 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Wood Flooring
  • Gated Parking
  • Traditional Architecture
  • 1 Car Detached Garage

About This Home

As of May 2012

You will not believe it! A fabulous condo right in the heart of the downtown exciitement- secure building- secure parking- 2 bd, 2 ba+ office- loads of windows- natural light- great kitch w/grainite breakfast bar & stainless appl-POOL- hurry!Owner/agent

Last Agent to Sell the Property

Karen Soro

Adaro Realty, Inc. License #260513 Listed on: 03/17/2012

Adaro Realty, Inc.

Co-Listed By

Timothy Soro

Adaro Realty, Inc. License #291585

Last Buyer's Agent

Michael Williams

The Carter Group LLC, REALTORS License #268115

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 2006

Lot Details

  • Landscaped

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,568 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Factory Built Fireplace
  • Gas Fireplace
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Security Gate
  • Termite Clearance

Parking

  • 1 Car Detached Garage
  • Carport
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 012050 A00034

Community Details

Overview

  • Property has a Home Owners Association
  • $238 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Mid-Rise Condominium
  • Carolina Lofts Community
  • Carolina Lofts Condo & Carolina Lofts Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,754

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Cross Street: RIVERSIDE
  • MLS Map #: 745D
  • MAAR Subdivision Name: CAROLINA LOFTS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1568
  • Termite Contract: Yes
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate, Limited Access
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: CAROLINA LOFTS

Fee Information

  • Monthly Maintenance Fee: 238

Lot Info

  • Lot Number: UNIT 103
  • Lot Size: 44.00 X 77.50 IRR

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 012050 A00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Davidson Stacy
Bought by
Breaking Ground Llc
Current Estimated Value
$240,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2012
Closed on
May 23, 2012
Sold by
Soro Tim E and Soro Karen
Bought by
Davidson Stacy
Seller's Agent
Karen Soro
Adaro Realty, Inc.
Buyer's Agent
Michael Williams
The Carter Group LLC, REALTORS
List Price
$159,900
Sold Price
$146,000
Premium/Discount to List
-$13,900
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%

Purchase Details

Listed on
Jan 18, 2012
Closed on
Mar 5, 2012
Sold by
Bank Of America Na
Bought by
Soro Tim E and Soro Karen
Seller's Agent
Billy & Barbara Baxter
Crye-Leike, Inc., REALTORS
Buyer's Agent
Timothy Soro
Adaro Realty, Inc.
List Price
$114,900
Sold Price
$90,000
Premium/Discount to List
-$24,900
-21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
901.21%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Richmond Jared C and Richmond Angela
Bought by
Bank Of America N A

Purchase Details

Closed on
Sep 27, 2007
Sold by
Faxongillis Homes Inc
Bought by
Richmond Jared C and Richmond Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Breaking Ground Llc $225,000 Omega Title
Davidson Stacy $146,000 Preffred Title & Escrow Llc
Soro Tim E $90,000 Servicelink Hopewell Campus
Bank Of America N A $136,800 None Available
Richmond Jared C $180,900 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breaking Ground Llc $199,000
Closed Breaking Ground Llc $225,000
Previous Owner Richmond Jared C $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2012 05/23/12 Sold $146,000 -8.7% $91 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
03/17/2012 03/17/12 For Sale $159,900 +77.7% $100 / Sq Ft
03/06/2012 03/06/12 Sold $90,000 -21.7% $57 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $114,900 -- $73 / 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 $1,754 $58,325 $6,150 $52,175
2024 $1,754 $51,750 $6,150 $45,600
2023 $3,152 $51,750 $6,150 $45,600
2022 $3,152 $51,750 $6,150 $45,600
2021 $3,189 $51,750 $6,150 $45,600
2020 $2,933 $40,475 $6,150 $34,325
2019 $2,933 $40,475 $6,150 $34,325
2018 $2,933 $40,475 $6,150 $34,325
2017 $1,664 $40,475 $6,150 $34,325
2016 $1,551 $35,500 $0 $0
2014 $1,551 $35,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Billy & Barbara Baxter

    Crye-Leike, Inc., REALTORS

    (901) 299-0763

    14 Total Sales

    Billy & Barbara Baxter
    Section Image

  • K

    Seller's Agent in 2012

    Karen Soro

    Adaro Realty, Inc.

    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Timothy Soro

    Adaro Realty, Inc.

    Section Image

  • M

    Buyer's Agent in 2012

    Michael Williams

    The Carter Group LLC, REALTORS

    (901) 490-8825

    49 Total Sales

    Michael Williams
    Section Image

  • M

    Buyer Co-Listing Agent in 2012

    MICHAEL RUSHING

    Realty Executives

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3242998

Memphis Area Association of REALTORS®

APN: 01-2050-A0-0034

Tennessee Shelby County Memphis 38103 South Main

721 Litty Ct Unit 103, Memphis, TN

This home is located at 721 Litty Ct Unit 103, Memphis, TN 38103 since 17 March 2012 and is currently estimated at $240,274, approximately $133 per square foot. This property was built in 2006. 721 Litty Ct Unit 103 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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