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Off market
  • $317,200

    505 Tennessee St #Penthouse 4, Memphis, TN 38103

    1beds
    1,585sqft
    Attached Single Family
    Built in 1909
    1,306 Square Feet Lot
    $317,200 Zestimate®
    $200/sqft
    $1,483 Estimated rent

    Home value

    $317,200

    $292,000 - $343,000

    $1,483/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    One bedroom penthouse condo. Two large walls with exposed brick from the original warehouse building. The closet, is extremely large and can be converted into another bedroom with plenty of closet space to spare! The community in the building is a big family. You can mingle with the others as there are frequent gatherings on the rooftop where grills, tables, and chairs are staged along with a lap pool overlooking the Mississippi River and the city of Memphis. This condo also comes with two parking spaces in a secure garage across the street which is linked to the building by a covered walkway which spans over the quiet street to the second floor of the main building. The condo also comes with a storage facility which is located just around the corner (roughly 25 feet) from the front door on of the condo which makes for very easy access. Trash is taken out through a long drop tunnel which is located on the same floor as the condo which is a short walk from the front door! The monthly HOA fee covers everything, including cable and internet, with the electric bill being the only thing excluded. The electric bill for this condo has consistently been between $35-$70 per month.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Double Vanity, Sauna, Walk-In Closet(s), Hot Tub, Renovated Bathroom
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 1,585 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other, Brick
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Hot Tub, Sauna
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,306 sqft
    Details
    • Parcel number: 002083D00123

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    • Property subtype: Attached Single Family
    Materials
    • Other
    • Roof: Other
    Condition
    • Year built: 1909

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Memphis

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $620 monthly
    • Amenities included: Spa/Hot Tub, Sauna, Water View

    Other

    Other facts
    • ViewYN: true
    • Flooring: Tile, Part Carpet, Hardwood Throughout, Wood Laminate Floors
    • AssociationYN: true
    • FireplaceYN: true
    • InteriorFeatures: Ceiling Fan(s), Double Vanity, Sauna, Walk-In Closet(s), Hot Tub, Renovated Bathroom
    • SpaYN: true
    • HeatingYN: true
    • CoolingYN: true
    • FireplacesTotal: 1
    • RoomsTotal: 4
    • ExteriorFeatures: Hot Tub, Gas Grill
    • FireplaceFeatures: Living Room
    • ArchitecturalStyle: Traditional, Soft Contemporary, Mid Rise (3-6 Stories)
    • SpaFeatures: Hot Tub, Sauna
    • ParkingFeatures: Assigned
    • CoveredSpaces: 2
    • CurrentUse: Residential, Single Family
    • PoolFeatures: In Ground
    • Cooling: Central Air, Ceiling Fan(s)
    • View: Water
    • AssociationAmenities: Spa/Hot Tub, Sauna, Water View
    • PossibleUse: Residential, Single Family
    • Heating: Central
    • RoomMasterBedroomFeatures: Carpet
    • RoomDiningRoomFeatures: LR/DR Combination
    • RoomLivingRoomFeatures: LR/DR Combination
    • RoomMasterBathroomFeatures: Tile Floor, Double Sinks
    • PropertySubType: Attached Single Family
    • MlsStatus: Contingent
    • BuildingName: Lofts at South Bluff

    Price history

    DateEventPrice
    7/24/2025Listing removed$1,950$1/sqft
    Source: MAAR #10198892 Report a problem
    7/22/2025Listing removed$320,000-1.5%$202/sqft
    Source: MAAR #10198973 Report a problem
    6/13/2025Listed for sale$325,000+10.2%$205/sqft
    Source: MAAR #10198973 Report a problem
    6/12/2025Listed for rent$1,950-9.3%$1/sqft
    Source: MAAR #10198892 Report a problem
    5/21/2020Sold$295,000-7.8%$186/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3161713 Report a problem
    4/22/2020Pending sale$320,000$202/sqft
    Source: Hobson, REALTORS #10070314 Report a problem
    3/12/2020Price change$320,000-0.9%$202/sqft
    Source: Hobson, REALTORS #10070314 Report a problem
    3/10/2020Price change$323,000-0.6%$204/sqft
    Source: Hobson, REALTORS #10070314 Report a problem
    12/10/2019Listed for sale$325,000+9.1%$205/sqft
    Source: Owner Report a problem
    12/31/2018Sold$298,000-1.5%$188/sqft
    Source: MAAR #10034119 Report a problem
    8/13/2018Listed for sale$302,500-3.6%$191/sqft
    Source: Henry Turley Inc., REALTORS #10034119 Report a problem
    9/2/2017Listing removed$313,685$198/sqft
    Source: Henry Turley Inc., REALTORS #10002488 Report a problem
    5/16/2017Listed for sale$313,685$198/sqft
    Source: Henry Turley Inc., REALTORS #10002488 Report a problem
    4/14/2013Listing removed$2,150$1/sqft
    Source: Henry Turley Realtors #3262780 Report a problem
    3/26/2013Price change$2,150+7.5%$1/sqft
    Source: Henry Turley Realtors #3262780 Report a problem
    1/12/2013Listed for rent$2,000$1/sqft
    Source: Henry Turley Realtors #3262780 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,771 -6.2%$90,525 +17.2%
    2024$5,086 +8.1%$77,225
    2023$4,704 $77,225
    2022-- $77,225
    2021-- $77,225 +20.8%
    2020$2,044 $63,950
    2019$2,044 -50.7%$63,950 -37.5%
    2018$4,144 -45.1%$102,320
    2017$7,553 +227%$102,320 +74.5%
    2016$2,310 +52.3%$58,640 -37.8%
    2014$1,516 $94,280
    2013-- $94,280 +98.3%
    2012-- $47,550
    2011-- $47,550
    2010-- $47,550 -41.5%
    2009-- $81,225
    2008-- $81,225
    2007-- $81,225
    2006-- $81,225

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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