NOT LISTED FOR SALE

731 Litty Ct Unit 105 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $126,000 - $177,000

1 Bed
1 Bath
595 Sq Ft
436 Sq Ft Lot

Last Sold March 22, 2022

Last sale price $147,500 $248 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $924/month

72 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of March 2022

Back on Market. Great rental property. Please drive by only and do not disturb tenants. Offer subject to inspection of the property. Currently rented for $1076.00 a month. Lease expires 1/31/2023. Great downtown area. Gated community. Listing agent to hold earnest money. Sellers closing attorney CloseTrak LLc closing and title services 5860 Ridgeway Center Pwky. Property being sold AS-IS. Send Proof of funds with offer and documents attached

Last Agent to Sell the Property

Lisa Nelson

Exit Wise Master-Builders Real License #317415 Listed on: 01/04/2022

Exit Wise Master-Builders Real

Last Buyer's Agent

Tony Jackson

Zeitlin Sotheby's Internation License #317964

Zeitlin Sotheby's Internation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 2008

Lot Details

  • Wrought Iron Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 595 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Covered Space
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 012050 A00060

Community Details

Overview

  • Property has a Home Owners Association
  • $198 Maintenance Fee
  • Association fees include management fees
  • Mid-Rise Condominium
  • Carolina Lofts Community
  • Carolina Lofts Condo & Carolina Lofts Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,080

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 745D
  • MAAR Subdivision Name: CAROLINA LOFTS
  • Condo: Yes
  • List Price Per Sq Ft: 254
  • Number Of Stories: 1
  • Price Per Sq Ft: 247.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 595
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Primary Bedroom, 1 Bath
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Island In Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Iron Fence
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Fees Include: Management Fees
  • Condominium Association: Yes
  • Condominium Name: Carolina Lofts
  • Neighborhood Amenities: Gated Neighborhood, Pool

Fee Information

  • Monthly Maintenance Fee: 198

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 105
  • Acreage: 0.01
  • Lot Size: 44.00 X 77.50 IRR
  • Price Per Acre: 15100000

Multi Family

  • Number Of Rooms: 2

Tax Info

  • Assessor Parcel Number: 012050 A00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B3 Llc
Current Estimated Value
$152,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,450,000
Outstanding Balance
$5,178,907
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
-$5,027,878

Purchase Details

Listed on
Sep 7, 2012
Closed on
Oct 12, 2012
Sold by
Fannie Mae
Bought by
Qureshi Shoaib
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Sam Tiwana
KAIZEN Realty, LLC
List Price
$59,000
Sold Price
$54,000
Premium/Discount to List
-$5,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
Sep 7, 2012
Closed on
Aug 24, 2012
Sold by
Fletcher Malcom E
Bought by
Federal National Mortgage Association
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Sam Tiwana
KAIZEN Realty, LLC
List Price
$59,000
Sold Price
$54,000
Premium/Discount to List
-$5,000
-8.47%

Purchase Details

Closed on
Mar 30, 2010
Sold by
Mascom Properties Llc
Bought by
Fletcher Malcolm E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2008
Sold by
Faxongillis Homes Inc
Bought by
Mascom Properties Llc
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
Ct Amm B3 Llc -- Attorney
Qureshi Shoaib $54,000 None Available
Federal National Mortgage Association $55,147 None Available
Fletcher Malcolm E $76,500 None Available
Mascom Properties Llc $409,000 Mid South Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ct Amm B3 Llc $6,450,000
Previous Owner Prager Property Owner 2 Llc $50,000,000
Previous Owner Fletcher Malcolm E $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $147,500 -2.3% $248 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $151,000 0.0% $254 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $151,000 0.0% $254 / Sq Ft
12/30/2013 12/30/13 Rented $895 -5.8% --
12/30/2013 12/30/13 Under Contract -- -- --
10/25/2013 10/25/13 For Rent $950 0.0% --
10/16/2012 10/16/12 Sold $54,000 -8.5% $540 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $59,000 -- $590 / 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 $1,080 $39,950 $6,150 $33,800
2024 $1,080 $31,850 $6,150 $25,700
2023 $1,940 $31,850 $6,150 $25,700
2022 $1,940 $31,850 $6,150 $25,700
2021 $2,306 $31,850 $6,150 $25,700
2020 $2,094 $28,900 $6,150 $22,750
2019 $924 $28,900 $6,150 $22,750
2018 $924 $28,900 $6,150 $22,750
2017 $945 $28,900 $6,150 $22,750
2016 $1,102 $25,225 $0 $0
2014 $1,102 $25,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Nelson

    Seller's Agent in 2022

    Lisa Nelson

    Exit Wise Master-Builders Real

    (901) 246-5395

    1 in this area

    99 Total Sales

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  • Tony Jackson

    Buyer's Agent in 2022

    Tony Jackson

    Zeitlin Sotheby's Internation

    (901) 550-1347

    1 in this area

    53 Total Sales

    Section Image
  • Sam Tiwana

    Seller's Agent in 2013

    Sam Tiwana

    KAIZEN Realty, LLC

    (901) 221-4015

    11 Total Sales

    Section Image
  • Rita Driver

    Seller's Agent in 2012

    Rita Driver

    All Stars Realty

    (901) 674-7653

    37 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115095

Memphis Area Association of REALTORS®

APN: 01-2050-A0-0060

Tennessee Shelby County Memphis 38103 South Main

731 Litty Ct Unit 105, Memphis, TN

This home is located at 731 Litty Ct Unit 105, Memphis, TN 38103 since 04 January 2022 and is currently estimated at $152,970, approximately $257 per square foot. This property was built in 2008. 731 Litty Ct Unit 105 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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