Discover city living at its finest in this stylish 1BR, 1BA loft in The WM Farrington of the historic South Main District. Enjoy the convenience of living, dining, and sleeping areas in one space. Step outside to explore galleries, museums, and bars, or hop on the trolley just steps away. Comes w/ assigned parking space, secured entry, private storage, rooftop patio, and free laundry facilities on each floor. Furniture is negotiable. Perfect blend of comfort and convenience!
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,161
Per Month
Principal & Interest
$1,094
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$723
Powered By
Advertisement
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.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school7.56 miles
Public District Grades 6-12
Nearby Schools
3
/10
Downtown Elementary School
10 N 4th St
Distance between this listing and this school0.91 miles
Public Magnet Grades PK-5
3
/10
A B Hill Elementary School
345 E Olive Ave
Distance between this listing and this school1.83 miles
Public District Grades PK-5
3
/10
Memphis College Preparatory
278 Greenlaw Ave
Distance between this listing and this school1.91 miles
Public Charter Grades KG-3
Nearby Schools
5
/10
Memphis Grizzlies Preparatory Charter School
168 Jefferson Ave
Distance between this listing and this school0.95 miles
Public Charter Grades 6-7
4
/10
Veritas College Preparatory
168 Jefferson Ave
Distance between this listing and this school0.95 miles
Public Charter Grades 5-8
5
/10
City University School Girls Preparatory
665 Madison Ave
Distance between this listing and this school1.20 miles
Public Charter Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school7.56 miles
Public District Grades 6-12
Nearby Schools
1
/10
Martin Luther King Transition Center
620 S Lauderdale St
Distance between this listing and this school0.95 miles
Public District Grades KG-12
3
/10
B T Washington High School
715 S Lauderdale St
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $77,422. Typical income of Memphis, TN residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 413 S Main St Unit 302
What is the listing price of this property?
The listing price of 413 S Main St Unit 302 property is $219,000.
What type of property is this?
The property 413 S Main St Unit 302 is a townhouse located in Memphis, Tennessee, 38103.
Is this property for sale now?
Active Listing: 413 S Main St Unit 302 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 413 S Main St Unit 302 are: Memphis Virtual School: GreatSchools Rating 1/10
How many bedrooms and bathrooms does this property have?
The property at 413 S Main St Unit 302 has 1 bedroom and 1 bathroom.
Which year was this property built?
The year of construction for 413 S Main St Unit 302 is 2003.
This home is located at 413 S Main St Unit 302 in Memphis, TN and zip code 38103 in the South Main Historic District neighborhood. This home was built in 2003. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $219,000.
Memphis, TN housing market in May 2024 saw over 91 listings sold above listed price, more than 113 sold at listed price and over 284 sold below. The number of homes for sale in Memphis, TN increased by 11.4% between April 2024 and May 2024. While the average time on the market in May 2024 was 96 days, the median list price was $192,881.
From Rocket Homes Real Estate and based on county public records data.