NOT LISTED FOR SALE

89 S Front St Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $2,021,181 - $2,323,000

8 Beds
13 Baths
20,000 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 29, 2015

Last sale price $1,350,000 $68 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $13,159/month

Highlights

  • Water Views
  • Updated Kitchen
  • Vaulted Ceiling
  • In Ground Pool
  • 0.15 Acre Lot
  • Wood Flooring

About This Home

As of December 2015

Exceptional interior spaces catering to every need; coupled with spectacular skyline & river views from your own private rooftop terrace/pool make this an opportunity of a lifetime. 2 Master suites w/Lux baths & balconies o'lkng MS River ~ 3 Bedroom suites ~ 3 Guest Qtrs/Apartments w/private entrances ~ Pub w/custom bar ~ Media Rm ~ Gym ~ Elevator ~ G3A. Steps away from some of the hottest spots in the city!

Last Agent to Sell the Property

Jeff Burress

Crye-Leike, Inc., REALTORS License #277030 Listed on: 05/04/2015

Crye-Leike, Inc., REALTORS

Co-Listed By

M. Scott Bettis

Crye-Leike Commercial License #292696

Last Buyer's Agent

Joe Spake

NextHome Cornerstone Realty License #259388

NextHome Cornerstone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,949

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Property Attached
  • Built-Up Roof

Interior Spaces

  • 20,000 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Some Wood Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Water Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Brick
  • Partially Carpeted
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Double Vanity

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Water Heater

Community Details

  • On Deed Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 002041 00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,949

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Cross Street: Union
  • MLS Map #: 745A
  • MAAR Subdivision Name: On Deed
  • Corporate Own: Yes
  • List Price Per Sq Ft: 75
  • Number Of Stories: 4
  • Price Per Sq Ft: 67.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 20000
  • Year Built: 1900
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Additional Bedroom Bathroom Info: Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 10000+
  • Bedrooms: 8
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Brick Floor, Concrete Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 8
  • Half Bathrooms: 5
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Number Of Fireplaces: 2
  • Total Bathrooms: 8.5

Exterior Features

  • Misc Exterior: Patio, Balcony
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Pool Description: In Ground
  • Roof: Built-Up/Flat

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Water View
  • Lot Number: 4and491
  • Acreage: 0.15
  • Keeping Hearth Dimension: 30x25
  • Lot Size: 6574SF 27.6X233.6
  • Price Per Acre: 10000000

Multi Family

  • Number Of Rooms: 14

Tax Info

  • Assessor Parcel Number: 002041 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2019
Sold by
Stinson Johnny L and Stinson Cathy L
Bought by
Harris Terry
Current Estimated Value
$2,172,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,415,676
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,026,680

Purchase Details

Listed on
May 4, 2015
Closed on
Dec 29, 2015
Sold by
Bank Of Bartlett
Bought by
Stinson Johnny L and Stinson Cathy L
Seller's Agent
Jeff Burress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joe Spake
NextHome Cornerstone Realty
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$1,000,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
New Renovations Llc
Bought by
Bank Of Bartlett

Purchase Details

Closed on
Jun 20, 2005
Sold by
Hale Stephen P
Bought by
New Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2003
Sold by
Ldl Properties
Bought by
Hale Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.82%
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
Harris Terry $2,000,000 Quality Title Group
Stinson Johnny L -- Attorney
Stinson Johnny L -- Attorney
Stinson Johnny L $1,350,000 Attorney
Bank Of Bartlett $1,187,650 None Available
New Renovations Llc -- --
Hale Stephen P $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Terry $1,600,000
Previous Owner Stinson Johnny L $1,000,000
Previous Owner New Renovations Llc $215,000
Previous Owner New Renovations Llc $215,000
Previous Owner New Renovations Llc $2,700,000
Previous Owner New Renovations Llc $1,740,000
Previous Owner Hale Stephen P $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $1,350,000 -10.0% $68 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $1,500,000 -- $75 / 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 $16,949 $690,175 $124,625 $565,550
2024 $16,949 $499,975 $122,700 $377,275
2023 $30,457 $499,975 $122,700 $377,275
2022 $30,457 $499,975 $122,700 $377,275
2021 $17,249 $499,975 $122,700 $377,275
2020 $28,078 $387,500 $102,250 $285,250
2019 $12,384 $387,500 $102,250 $285,250
2018 $12,384 $387,500 $102,250 $285,250
2017 $17,866 $546,125 $102,250 $443,875
2016 $13,796 $315,700 $0 $0
2014 $13,796 $315,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Burress

    Seller's Agent in 2015

    Jeff Burress

    Crye-Leike

    (901) 493-0973

    6 Total Sales

    Jeff Burress
    Section Image
  • M. Scott Bettis

    Seller Co-Listing Agent in 2015

    M. Scott Bettis

    Crye-Leike

    (901) 403-8714

    1 in this area

    33 Total Sales

    M. Scott Bettis
    Section Image
  • Joe Spake

    Buyer's Agent in 2015

    Joe Spake

    NextHome Cornerstone Realty

    (901) 870-3440

    43 Total Sales

    Joe Spake
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9953601

Memphis Area Association of REALTORS®

APN: 00-2041-0-0006

Tennessee Shelby County Memphis 38103 Downtown Memphis

89 S Front St, Memphis, TN

This home is located at 89 S Front St, Memphis, TN 38103 since 04 May 2015 and is currently estimated at $2,172,795, approximately $108 per square foot. This property was built in 1900. 89 S Front St is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Southwest Early College High School.

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