NOT LISTED FOR SALE

1046 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $296,334 - $317,000

3 Beds
3.5 Baths
3,736 Sq Ft
$82/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $800,000 $214 Per Sq Ft

Current estimated payment $2,044/month

Highlights

  • Waterfront
  • Covered Patio or Porch
  • Double-Wide Driveway
  • Wood Flooring
  • Enclosed Balcony
  • 2 Car Attached Garage

About This Home

As of March 2023

MLS purposes, listed in Memphis

Last Agent to Sell the Property

Robin Fesmire

Laughter Realty, Inc Brokerage Phone: 8707325200 License #SA00087381 Listed on: 11/01/2022

Last Buyer's Agent

Non Member

Non-member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,125

Lot Details

  • Waterfront
  • Wood Fence

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Double-Wide Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,736 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,125

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Story
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 8707325200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3736
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Brick, Wood
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Storage
  • Patio And Porch Features: Covered Balcony, Open Balcony, Porch Covered
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car, Attached, Double Driveway, Paved Driveway
  • Total Parking Spaces: 2

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 145
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Farm Land Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 7, 2018
Sold by
Bonds Ashley and Davus Kevin
Bought by
Wicks Christopher and Wicks Patsy
Seller's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
Buyer's Agent
April Davison
BHHS McLemore & Co., Realty
List Price
$233,000
Sold Price
$230,000
Premium/Discount to List
-$3,000
-1.29%
Current Estimated Value
$314,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,492
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Worley Patricia M
Bought by
Dacus Ashley Bonds and Dacus Kevin

Purchase Details

Listed on
Aug 21, 2014
Closed on
Sep 30, 2014
Sold by
Dacus Ashley
Bought by
Dacus Kevin
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$170,905
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Paterson William Hunt
Bought by
Peterson William Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,648
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2005
Sold by
Jones Wesley
Bought by
Paterson William Hunt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 2004
Sold by
Ferguson Alan J
Bought by
Jones Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2000
Sold by
Ferguson Charlotte L
Bought by
Ferguson Alan J

Purchase Details

Closed on
Feb 4, 1998
Sold by
Lenox Homes Llc
Bought by
Ferguson Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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
Wicks Christopher $230,000 Memphis Title Co
Dacus Ashley Bonds -- None Available
Dacus Kevin -- Fntg
Dacus Kevin $179,900 Fntg
Peterson William Joseph $177,000 Realty Title & Escrow Co
Paterson William Hunt $181,000 --
Jones Wesley $156,500 --
Ferguson Alan J -- --
Ferguson Alan J $119,684 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dacus Kevin $170,905
Previous Owner Peterson William Joseph $174,648
Previous Owner Paterson William Hunt $182,700
Previous Owner Jones Wesley $161,500
Previous Owner Ferguson Alan J $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $800,000 -11.0% $214 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $899,000 +290.9% $241 / Sq Ft
06/07/2018 06/07/18 Sold $230,000 -1.3% $230 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $233,000 +29.5% $233 / Sq Ft
09/30/2014 09/30/14 Sold $179,900 0.0% $150 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $179,900 -- $150 / Sq Ft
Source: Eastern Arkansas REALTORS® Association

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 $2,125 $72,350 $14,250 $58,100
2024 $2,125 $62,675 $11,975 $50,700
2023 $3,818 $62,675 $11,975 $50,700
2022 $3,818 $62,675 $11,975 $50,700
2021 $1,700 $62,675 $11,975 $50,700
2020 $1,419 $44,400 $11,975 $32,425
2019 $1,419 $44,400 $11,975 $32,425
2018 $1,419 $44,400 $11,975 $32,425
2017 $1,453 $44,400 $11,975 $32,425
2016 $1,740 $39,825 $0 $0
2014 $1,740 $39,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Fesmire

    Seller's Agent in 2023

    Robin Fesmire

    Laughter Realty, Inc

    (901) 647-1033

    4 in this area

    97 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non-member

  • Ashley Bonds

    Seller's Agent in 2018

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    8 in this area

    71 Total Sales

    Section Image
  • April Davison

    Buyer's Agent in 2018

    April Davison

    BHHS McLemore & Co., Realty

    (901) 335-3794

    93 Total Sales

    Section Image
  • Richard Travers

    Seller's Agent in 2014

    Richard Travers

    Crye-Leike

    (901) 218-3961

    116 in this area

    200 Total Sales

    Section Image
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Map

Source: Eastern Arkansas REALTORS® Association

MLS Number: 38796

APN: 06-9077-C0-0040

Tennessee Shelby County Memphis 38103 Mud Island

1046 Island Place E, Memphis, TN

This home is located at 1046 Island Place E, Memphis, TN 38103 since 01 November 2022 and is currently estimated at $304,584, approximately $81 per square foot. 1046 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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