NOT LISTED FOR SALE

721 Litty Ct Unit 302 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $234,000 - $278,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
1,307 Sq Ft Lot

Last Sold July 24, 2018

Last sale price $193,000 $107 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,561/month

1 Day on Market

Highlights

  • Gated Parking
  • Landscaped Professionally
  • Main Floor Primary Bedroom
  • Gated Community
  • Wood Flooring
  • Soft Contemporary Architecture

About This Home

As of July 2018

An outstanding opportunity to own a LOVELY condo in a gated, secure neighborhood in the thriving, red-hot South Main district of Downtown! Custom features abound! This corner unit offers loads of windows for an abundance of light, quartz counters, stainless appliances, wood and tile floors, double-sided gas fireplace, flex-room (den/office), custom closets, garden tub, large laundry room, split plan for privacy, 2 COVERED PARKING SPOTS, and a fun neighborhood pool/party area.Walk/bike everywhere

Last Agent to Sell the Property

Karen Soro

Adaro Realty, Inc. License #260513 Listed on: 06/15/2018

Adaro Realty, Inc.

Co-Listed By

Annette Sharp

901 Real Estate Services License #18936

Last Buyer's Agent

Gay Young

eXp Realty, LLC License #309180

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Wrought Iron Fence
  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,617 Sq Ft Home
  • 0.3-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Library
  • Security Gate

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Utilities

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

Additional Features

  • Outdoor Gas Grill
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 012050 A00041

Community Details

Overview

  • Property has a Home Owners Association
  • $286 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees, exterior insurance
  • Mid-Rise Condominium
  • Carolina Lofts Community
  • Carolina Lofts Condo & Carolina Lofts Subdivision
  • Property managed by Keith Collins

Recreation

  • Recreation Facilities
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,789

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories), Upstairs - Flat
  • MLS Map #: 745D
  • MAAR Subdivision Name: CAROLINA LOFTS
  • Condo: Yes
  • List Price Per Sq Ft: 121
  • Number Of Stories: 0.3
  • Price Per Sq Ft: 119.36
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1617
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar
  • Misc Interior: Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Library/Study
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Nbrhd Recreation Facility, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Carolina Lofts
  • Management Company: Keith Collins
  • Neighborhood Amenities: Gated Neighborhood, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 286

Lot Info

  • Lot Description: Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 302
  • Acreage: 0.03
  • Lot Size: 44.00 X 77.50 IRR
  • Price Per Acre: 6500000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 012050 A00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 25, 2018
Sold by
Bradley Barbara
Bought by
Price Clark A
Seller's Agent
Karen Soro
Adaro Realty, Inc.
Buyer's Agent
Gay Young
eXp Realty, LLC
List Price
$195,000
Sold Price
$193,000
Premium/Discount to List
-$2,000
-1.03%
Current Estimated Value
$259,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,134
Avg. Annual Appreciation
4.49%
Original Mortgage
$154,400
Outstanding Balance
$135,206
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$128,344

Purchase Details

Closed on
Sep 12, 2006
Sold by
Faxongillis Homes Inc
Bought by
Bradley Barbara
Source: Public Records

Range of Values:

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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
Price Clark A $193,000 Mid South Title Services Llc
Bradley Barbara $224,150 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Clark A $154,400
Closed Price Clark A $17,037
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $193,000 -1.0% $121 / Sq Ft
06/15/2018 06/15/18 For Sale $195,000 -- $122 / 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 $1,789 $58,325 $6,150 $52,175
2024 $1,789 $52,775 $6,150 $46,625
2023 $3,215 $52,775 $6,150 $46,625
2022 $3,215 $52,775 $6,150 $46,625
2021 $3,253 $52,775 $6,150 $46,625
2020 $2,933 $40,475 $6,150 $34,325
2019 $1,294 $40,475 $6,150 $34,325
2018 $1,294 $40,475 $6,150 $34,325
2017 $1,324 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10029552

Memphis Area Association of REALTORS®

APN: 01-2050-A0-0041