NOT LISTED FOR SALE

731 Litty Ct Unit 101 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $192,000 - $329,485

1 Bed
1.5 Baths
1,200-1,399 Sq Ft
871 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $205,000 $147 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,540/month

92 Days on Market

Highlights

  • Gated Parking
  • Landscaped Professionally
  • Wood Flooring
  • Updated Kitchen
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2021

LUXURY LIFESTYLE nestled in the heart of downtown's premier social amenities, the river, parks, walking, the Orpheum, Beale Street, FedEx Forum, Peabody, Mud Island, pro baseball & finest cuisine in all TN. Enjoy a perfectly maintained one bedroom, one & a half bath with fireplace, easily accessible on ground floor near beautiful, quiet pool, recreation area, & outdoor grilling. There are no other living options providing as much convenience & serenity off Riverside Drive. 1-Yr. home warranty.

Last Agent to Sell the Property

Jack Grissom

Crye-Leike, Inc., REALTORS License #296215 Listed on: 12/15/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Kent Anderson

Crye-Leike, Inc., REALTORS License #256610

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 2006

Lot Details

  • Wrought Iron Fence
  • Landscaped Professionally
  • Zero Lot Line

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,231 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Keeping Room

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Iron Doors

Parking

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

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Additional Features

  • Courtyard
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 012050 A00056

Community Details

Overview

  • Property has a Home Owners Association
  • $230 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, parking
  • Carolina Lofts Community
  • Carolina Lofts Condo & Carolina Lofts Subdivision
  • Property managed by Keith Collins
  • Planned Unit Development

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,476

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Channel 3 Dr
  • MLS Map #: 745D
  • MAAR Subdivision Name: CAROLINA LOFTS
  • Condo: Yes
  • List Price Per Sq Ft: 175
  • Number Of Stories: 1
  • Price Per Sq Ft: 166.53
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1231
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Master Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Double Vanity Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Half Bath, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 14x12
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Gated Parking, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Ceiling Heat
  • Security: Smoke Detector(s), Security Gate, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Parking
  • Condominium Association: Yes
  • Condominium Name: Carolina Lofts
  • Management Company: Keith Collins

Fee Information

  • Monthly Maintenance Fee: 230

Lot Info

  • Lot Description: Level, Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 101
  • Acreage: 0.02
  • Keeping Hearth Dimension: 16x14
  • Lot Size: 44.00 X 77.50 IRR
  • Price Per Acre: 10750000
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 012050 A00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 26, 2021
Sold by
Grissom Daniella A and Grissom Linda V
Bought by
Stricker Jay
Seller's Agent
Jack Grissom
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kent Anderson
Crye-Leike, Inc., REALTORS
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$260,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,075
Avg. Annual Appreciation
5.51%
Original Mortgage
$212,380
Outstanding Balance
$192,406
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$67,188

Purchase Details

Closed on
Dec 28, 2006
Sold by
Faxongillis Homes Inc
Bought by
Grissom Daniella A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,200
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Stricker Jay $205,000 Realty Title & Escrow Co Inc
Grissom Daniella A $157,900 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stricker Jay $212,380
Previous Owner Grissom Daniella A $130,200
Previous Owner Grissom Daniella A $134,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $205,000 -4.7% $171 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $215,000 -- $179 / 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 $1,476 $48,400 $6,150 $42,250
2024 $1,476 $43,525 $6,150 $37,375
2023 $2,651 $43,525 $6,150 $37,375
2022 $2,651 $43,525 $6,150 $37,375
2021 $1,502 $43,525 $6,150 $37,375
2020 $2,469 $34,075 $6,150 $27,925
2019 $1,089 $34,075 $6,150 $27,925
2018 $1,089 $34,075 $6,150 $27,925
2017 $1,115 $34,075 $6,150 $27,925
2016 $1,346 $30,800 $0 $0
2014 $1,346 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jack Grissom

    Crye-Leike

    Section Image
  • Kent Anderson

    Buyer's Agent in 2021

    Kent Anderson

    Crye-Leike

    (901) 359-2533

    1 in this area

    78 Total Sales

    Section Image

  • R

    Buyer Co-Listing Agent in 2021

    Robert Dunlap

    Trading Places Realty, LLC

  • T

    Buyer Co-Listing Agent in 2021

    Tammy Anderson

    Crye-Leike

    (901) 359-2532

    1 in this area

    71 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090410

Memphis Area Association of REALTORS®

APN: 01-2050-A0-0056

Tennessee Shelby County Memphis 38103 South Main

731 Litty Ct Unit 101, Memphis, TN

This home is located at 731 Litty Ct Unit 101, Memphis, TN 38103 since 15 December 2020 and is currently estimated at $237,371, approximately $169 per square foot. This property was built in 2006. 731 Litty Ct Unit 101 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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