NOT LISTED FOR SALE

90 S Front St Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated Value: $388,944

Studio
2.5 Baths
5,000-5,499 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $185,000 $34 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,265/month

2 Days on Market

Highlights

  • 0.05 Acre Lot
  • Brick Veneer
  • 5-minute walk to Fourth Bluff
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

As of April 2015

Excellent opportunity to own mixed use property in exciting Downtown Memphis! 3 floors with Awesome Penthouse with 3 huge sky lights, Exposed Brick and Wood Floors! Needs some TLC but truly could be amazing Residential & Commercial use property. Live Upstairs and lease out the 1st & 2nd Floors

Last Agent to Sell the Property

Melody Bourell

Marx-Bensdorf, REALTORS License #290370 Listed on: 02/23/2015

Last Buyer's Agent

Kris Gavin

Crye-Leike, Inc., REALTORS License #301066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22.25x100

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Veneer

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 2,000 Sq Ft Home
  • 2.5-Story Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Downtown Memphis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002042 00025

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MAAR Subdivision Name: BLK 20
  • List Price Per Sq Ft: 100
  • Number Of Stories: 2.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Estimated Heated Sq Ft Range: 5000-5499
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Number: C 491
  • Acreage: 0.05
  • Lot Size: 22.25X100

Tax Info

  • Assessor Parcel Number: 002042 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 6, 2015
Sold by
Birchett & Associates Inc
Bought by
Harris Brothers Management Inc
Seller's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
Buyer's Agent
Kris Gavin
Crye-Leike, Inc., REALTORS
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$388,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,944
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
May 22, 1998
Sold by
A C T Beasley & Co
Bought by
Birchett & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Brothers Management Inc $185,000 None Available
Birchett & Associates Inc $150,000 --
Birchett & Associates Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birchett & Associates Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2015 04/06/15 Sold $185,000 -7.0% $37 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $199,000 -- $40 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,886 $98,480 $37,320 $61,160
2024 $2,886 $85,120 $26,680 $58,440
2023 $5,185 $85,120 $26,680 $58,440
2022 $5,185 $85,120 $26,680 $58,440
2021 $5,246 $85,120 $26,680 $58,440
2020 $5,652 $78,000 $26,680 $51,320
2019 $5,652 $78,000 $26,680 $51,320
2018 $6,094 $78,000 $26,680 $51,320
2017 $3,206 $78,000 $26,680 $51,320
2016 $2,653 $60,720 $0 $0
2014 $2,653 $60,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melody Bourell

    Seller's Agent in 2015

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    262 Total Sales

    Melody Bourell
    Section Image

  • K

    Buyer's Agent in 2015

    Kris Gavin

    Crye-Leike

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9945667

Memphis Area Association of REALTORS®

APN: 00-2042-0-0025

Tennessee Shelby County Memphis 38103 Downtown Memphis

90 S Front St, Memphis, TN

Not Listed for Sale

MultiFamily

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