NOT LISTED FOR SALE

1038 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $286,000 - $357,000

2 Beds
3 Baths
1,458 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 1038 Island Place E, Memphis, TN 38103 and is currently estimated at $320,946, approximately $220 per square foot. 1038 Island Place E is a home located in Shelby County with nearby schools including Downtown Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Rink Karen D and Rink Ronald K
Bought by
Kent Merritt Ronald and Rink Karen Rink
Current Estimated Value
$320,905

Purchase Details

Closed on
Aug 23, 2002
Sold by
Kelley Stephen D and Kelley Janis B
Bought by
Rink Karen D and Merritt Ronald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.49%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Rau Ronald J
Bought by
Kelley Stephen D and Kelley Janis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
6.95%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Lenox Homes Llc
Bought by
Rau Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
6.95%

Purchase Details

Closed on
Apr 29, 1998
Sold by
Miller Bronze Llc
Bought by
Lenox Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,172
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kent Merritt Ronald -- None Available
Rink Karen D $152,000 --
Kelley Stephen D $139,900 Southern Escrow Title Compan
Rau Ronald J $126,965 Southern Escrow Title Compan
Lenox Homes Llc $30,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rink Karen D $103,000
Previous Owner Kelley Stephen D $111,900
Previous Owner Rau Ronald J $125,000
Previous Owner Lenox Homes Llc $99,172
Source: Public Records

Tax History Compared to Growth

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
2025 $2,323 $79,725 $14,250 $65,475
2024 $2,323 $68,525 $11,975 $56,550
2023 $4,174 $68,525 $11,975 $56,550
2022 $4,174 $68,525 $11,975 $56,550
2021 $2,364 $68,525 $11,975 $56,550
2020 $3,569 $49,250 $11,975 $37,275
2019 $1,574 $49,250 $11,975 $37,275
2018 $1,574 $49,250 $11,975 $37,275
2017 $1,611 $49,250 $11,975 $37,275
2016 $2,020 $46,225 $0 $0
2014 $2,020 $46,225 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38103 Mud Island

1038 Island Place E, Memphis, TN

This home is located at 1038 Island Place E, Memphis, TN 38103 and is currently estimated at $320,946, approximately $220 per square foot. 1038 Island Place E is a home located in Shelby County with nearby schools including Downtown Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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