$300,000
$12K PRICE DROP

The Lofts at South Bluffs 505 Tennessee St Unit 126 Memphis, TN 38103

South Main Neighborhood

Estimated payment $1,857/month

Total Views 9,317
1 Bed
1 Bath
1,400-1,599 Sq Ft
$188 Price per Sq Ft

Highlights

  • Fitness Center
  • 3-minute walk to Central Station
  • Wood Flooring
  • Gated Parking
  • Waterfront
  • 2-minute walk to Butler Park

About This Home

This industrial style loft is conveniently located near downtown nightlife, lots of good eats, the medical and law district for business professionals, and the river walk for our nature lovers. It's gated community offers more safety and privacy than most. It also features 2 front row parking spaces directly outside the back door. All appliances stay in unit. HOA fees apply.

Listing Agent

Maddie Jackson

Regency Realty, LLC License #376819

Co-Listing Agent

Hayden Edmondson

Epique Realty License #355812

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1909

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,468 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Home Office
  • Loft
  • Storage Room
  • Security Gate

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Waterfront
  • Ground Level

Community Details

Overview

  • Property has a Home Owners Association
  • $567 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, management fees
  • Lofts @ South Bluffs Condominiums Subdivision

Amenities

  • Community Storage Space

Recreation

Security

  • Security Guard
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,198

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 745A
  • MAAR Subdivision Name: Lofts @ South Bluffs Condominiums
  • Condo: Yes
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1468
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 1
  • Floors/Ceilings: Part Hardwood, Tile, Concrete Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), Elevator, 2 or More Elevators
  • Other Rooms: Laundry Room, Office/Sewing Room, Entry Hall, Loft/Balcony, Storage Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer
  • Pool Description: Neighborhood

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Storage Room(s), Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Fire Alarm, Security Gate, Nbrhd Guard Service, Dead Bolt Lock(s)

Association/Amenities

  • Condo Amenities: Exercise Room, On-Site Storage, Water Front, Water View
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Management Fees
  • Condominium Association: Yes
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 567

Lot Info

  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Map

About The Lofts at South Bluffs

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $2,198 $64,825 $2,375 $62,450
2023 $3,949 $64,825 $2,375 $62,450
2022 $3,949 $64,825 $2,375 $62,450
2021 $2,236 $64,825 $2,375 $62,450
2020 $4,012 $55,375 $2,375 $53,000
2019 $1,770 $55,375 $2,375 $53,000
2018 $1,770 $55,375 $2,375 $53,000
2017 $1,812 $55,375 $2,375 $53,000
2016 $2,422 $55,425 $0 $0
2014 $2,422 $55,425 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Price Changed $300,000 -3.8% $214 / Sq Ft
10/04/2024 10/04/24 For Sale $312,000 -- $223 / Sq Ft
Source: Memphis Area Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $252,248 Ctc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,350 New Conventional
Closed $206,681 Unknown
Closed $201,798 Purchase Money Mortgage
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10182626

Memphis Area Association of REALTORS®

APN: 00-2083-D0-0017

Tennessee Shelby County Memphis 38103 South Main

505 Tennessee St Unit 126, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 505 Tennessee St Unit 126, Memphis, TN 38103 and is currently priced at $300,000, approximately $187 per square foot. This property was built in 1909. 505 Tennessee St Unit 126 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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Maddie Jackson
Listing Agent
Maddie Jackson
Section Image
Regency Realty, LLC
(901) 445-9947