4 months on rocket

505 Tennessee St Unit 225, Memphis, TN, 38103

$269,900

Home List Price

$3,205*

Closing Credit

1 Bedroom
1 Full Bath
Townhouse

Location

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505 Tennessee St Unit 225, Memphis$269,900

Buyer Closing Credits

$3,205*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingUnassigned Parking, Common Parking Garage, Garage
Year Built1909
HeatingCentral
CoolingCentral Air
WaterfrontWaterfront
ViewWater
MLS #10175950
Lot Size0.02 Acres
StatusActive

About 505 Tennessee St Unit 225

Experience the ultimate in downtown living with this impeccably maintained 1 bedroom, 1 bath condo! Housed in a historic building, this property presents an incredible chance to reside in a sought-after location with outstanding amenities. Revel in the modernized kitchen, stunning hardwood floors, and generous storage options, including a convenient same-floor storage room fitted with shelves, plus two parking spaces in the garage. Relax on the amazing rooftop deck that boasts breathtaking river views, a pool, grilling areas, and a fitness center. Seize this fantastic opportunity before it’s gone!

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, Disposal, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), 2 or More Elevators, Trash Chute

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Gas Grill, Sauna, Storage, Sidewalks

Parking Information:

  • Parking: Unassigned Parking, Common Parking Garage, Garage

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: S Front St to GE Patterson, turn right, The Lofts at South Bluffs is on the corner of Tennessee St and GE Patterson

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,900
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

505 Tennessee St Unit 225 vs Memphis

136 DAYS ON ROCKET

$269,900

+$79.4K More

KEY TAKEAWAY

This property is $79.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10175950

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: 11/15/2024, 7:20:48 AM 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

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-394131
3
/10
  • Downtown Elementary School

  • 10 N 4th St

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-394132
3
/10
  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 1.66 miles

  • Public Charter Grades PK-5

school-card-donut-394133
3
/10
  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.76 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Tennessee St Unit 225

What is the listing price of this property?

The listing price of 505 Tennessee St Unit 225 property is $269,900.

What type of property is this?

The property 505 Tennessee St Unit 225 is a townhouse located in Memphis, Tennessee, 38103.

Is this property for sale now?

Active Listing: 505 Tennessee St Unit 225 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 225 has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 505 Tennessee St Unit 225 is 1909.

Rocket Homes›Tennessee›Shelby County›Memphis›38103›505 Tennessee St Unit 225

This home is located at 505 Tennessee St Unit 225 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 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $269,900.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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