8 days on rocket

505 Tennessee St Unit 217, Memphis, TN, 38103

$499,900

Home List Price

$5,936*

Closing Credit

2 Bedrooms
2 Full Baths
Townhouse

Location

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505 Tennessee St Unit 217, Memphis$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingBack-Load Garage, Unassigned Parking, Common Parking Garage, Garage
Year Built1909
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontWater View
ViewWater
MLS #10186419
Lot Size0.05 Acres
StatusActive

About 505 Tennessee St Unit 217

Welcome to the Lofts at South Bluffs! This fantastic 2BR/2BA condo has nearly 2400 square feet with soaring 20-foot ceilings, stainless appliances, quartz countertops, and an open floorplan with multiple levels - a massive sunken Guest Bedroom, plus elevated Living & Dining Area, Kitchen, and Primary Suite. The spacious Living Room has custom built-ins and an electric fireplace for cozy evenings at home or for entertaining. Also enjoy the Skyline Club at the Lofts at South Bluffs - Access to the gym, rooftop deck with a sauna, prep kitchen, lap pool, and gas grills. The common area also consists of a covered patio area plus a roof deck with beautiful Mississippi River and Harahan Bridge views. The Lofts also has management personnel on-site Monday through Friday, as well. Come see this alluring condo today!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: The Firm

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Tile, Concrete Floor, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), Elevator, Trash Chute, Common Basement

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Water View
  • View: Water
  • Exterior: Pool Cleaning Equipment, Gas Grill, Deck, Sauna, Historic District, Sidewalks

Parking Information:

  • Parking: Back-Load Garage, Unassigned Parking, Common Parking Garage, Garage

Lot Features

Lot Information:

  • Lot: Views, Corner Lot
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: West on Union, left on Front Street, right on GE Patterson, and go left or right on Tennessee and park on the street. Lockbox is labeled 217 and is located on the gate to the right of the building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

505 Tennessee St Unit 217 vs Memphis

8 DAYS ON ROCKET

$499,900

+$316.9K More

KEY TAKEAWAY

This property is $316.9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186419

Listing Office:

  • Office Name: The Firm

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: 12/17/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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.

Nearby Schools

school-card-donut-4259970
3
/10

  • Downtown Elementary School

  • 10 N 4th St

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-4259971
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 1.66 miles

  • Public Charter Grades PK-5

school-card-donut-4259972
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,102. Most Memphis, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Tennessee St Unit 217

What is the listing price of this property?

The listing price of 505 Tennessee St Unit 217 property is $499,900.

What type of property is this?

The property 505 Tennessee St Unit 217 is a townhouse located in Memphis, Tennessee, 38103.

Is this property for sale now?

Active Listing: 505 Tennessee St Unit 217 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Tennessee St Unit 217 has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 505 Tennessee St Unit 217 is 1909.

Rocket Homes›Tennessee›Shelby County›Memphis›38103›505 Tennessee St Unit 217

This home is located at 505 Tennessee St Unit 217 in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home, which was built in 1909, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $499,900.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. In November 2024 in Memphis, TN there were 6.8% more homes for sale than in October 2024.

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

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