Renovated 2020, Has a 2nd story /11-ft ceilings open floor plan, abundant natural light throughout and directly overlooks the trolley line. Enjoy secured parking with your own assigned/gated spot. Located in the heart of the South Main Historic District, this luxury condo blends its historic brick character with modern charm all while offering a short walk to a variety of restaurants and bars. Enjoy private/covered patio to relax. 6k ft of shared storage also provided. $1k toward closing cost
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1999
Stories: 1
Listing Office:
Office Name: Redfin Corporation
Interior Features
Interior Information:
Flooring Type: Wood Laminate Floors, Tile, Sprayed Ceiling, 9 or more Ft. Ceiling
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,460
Per Month
Principal & Interest
$1,393
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$903
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school7.48 miles
Public District Grades 6-12
Nearby Schools
3
/10
Downtown Elementary School
10 N 4th St
Distance between this listing and this school0.84 miles
Public Magnet Grades PK-5
3
/10
A B Hill Elementary School
345 E Olive Ave
Distance between this listing and this school1.84 miles
Public District Grades PK-5
4
/10
Memphis College Preparatory
278 Greenlaw Ave
Distance between this listing and this school1.84 miles
Public Charter Grades KG-3
Nearby Schools
4
/10
Veritas College Preparatory
168 Jefferson Ave
Distance between this listing and this school0.88 miles
Public Charter Grades 5-8
5
/10
Memphis Grizzlies Preparatory Charter School
168 Jefferson Ave
Distance between this listing and this school0.88 miles
Public Charter Grades 6-7
5
/10
City University School Girls Preparatory
665 Madison Ave
Distance between this listing and this school1.12 miles
Public Charter Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school7.48 miles
Public District Grades 6-12
Nearby Schools
3
/10
B T Washington High School
715 S Lauderdale St
Distance between this listing and this school0.94 miles
Public District Grades 9-12
4
/10
Memphis Academy of Science Engineering Middle/Hig
20 Dudley St
Distance between this listing and this school1.63 miles
The neighbors living near this home have an average income of $77,422. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 384 S Main St Unit 2
What is the listing price of this property?
The listing price of 384 S Main St Unit 2 property is $279,000.
What type of property is this?
The property 384 S Main St Unit 2 is a townhouse located in Memphis, Tennessee, 38103.
Is this property for sale now?
Active Listing: 384 S Main St Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 384 S Main St Unit 2 are: Memphis Virtual School: GreatSchools Rating 1/10
How many bedrooms and bathrooms does this property have?
The property at 384 S Main St Unit 2 has 1 bedroom and 1 bathroom.
Which year was this property built?
The year of construction for 384 S Main St Unit 2 is 1999.
This home is located at 384 S Main St Unit 2 in Memphis, TN and zip code 38103 in the South Main Historic District neighborhood. This home was built in 1999. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $279,000.
Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between February 2024 and March 2024 increased by 16%.
From Rocket Homes Real Estate and based on county public records data.