505 Tennessee St Unit 406, Memphis, TN, 38103

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505 Tennessee St Unit 406, Memphis$249,000

Buyer Closing Credits

$2,957^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeTownhouse

ParkingUnassigned Parking

Year Built1909

HeatingCentral

CoolingCentral Air

WaterfrontWaterfront

ViewWater

MLS #10171911

Lot Size0.02 Acres

StatusAccepting Backup Offers
(Contingent)

About 505 Tennessee St Unit 406

Light-filled studio @ the Lofts! . Perfect South Main location w/ gated access to South Bluffs & the River. Unit boasts 14 ft. ceilings w/ contemporary layout . The kitchen features marble & metallic backsplash. Lots of storage in sleek cabinetry. Entry mural leads to LR space. Cozy bedroom w/ glass shelving & custom cabinetry. Bathroom w/ marble soaker tub. Energy efficient washer-dryer. Walk-in closet w/ illuminated mirror, armoire, & modern shelving. Rooftop pool! Furniture/decor negotiable

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional, Soft Contemporary
• Year Built: 1909
• Stories: 1

Listing Office:

• Office Name: Ware Jones, REALTORS

Interior Features

Interior Information:

• Appliances: Range, Oven, Gas Range, Disposal, Dishwasher
• Flooring Type: Wood Laminate Floors, Tile
• Interior: All Window Treatments, Walk-In Closet(s), 2 or More Elevators

Bedroom and Bathroom Information:

• Full Bathrooms: 1

Exterior Features

Exterior Information:

• Waterfront: Waterfront
• View: Water
• Exterior: Gas Grill, Deck, Sauna

Parking Information:

• Parking: Unassigned Parking

Lot Features

Lot Information:

• Lot Size: 0.02 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: From Riverside Drive turn East on Georgia Ave. Turn Left on Tennessee St, Lofts at South Bluffs is on the corner of Tennessee St & GE Patterson

Price Information

Listing Price Info

Price Summary:

• List Price: $249,000

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

505 Tennessee St Unit 406 vs Memphis

14 DAYS ON ROCKET

$249,000

+$53.3K More

KEY TAKEAWAY

This property is $53.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10171911

Listing Office:

• Office Name: Ware Jones, REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38103›505 Tennessee St Unit 406

This home is located at 505 Tennessee St Unit 406 in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home, which was built in 1909, sits on a 0.02 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $249,000.

While more than 75 listings in Memphis, TN in April 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 272 were sold below. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

From Rocket Homes Real Estate and based on county public records data.