NOT LISTED FOR SALE

1071 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $281,000 - $304,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $271,000 $194 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,946/month

367 Days on Market

Highlights

  • Two Primary Bathrooms
  • Traditional Architecture
  • Some Wood Windows
  • Deck
  • Corner Lot
  • Porch

About This Home

As of May 2020

Light filled home with fresh paint, attractive flooring throughout, lots of windows, open floor plan, new light fixtures and hardware - truly move in ready. Home is on one of the larger corner lots with a great deck for entertaining.

Last Agent to Sell the Property

Jeanie Henson

Madison Avenue Realty, LLC License #270219 Listed on: 03/27/2019

Last Buyer's Agent

Sam White

Crye-Leike, Inc., REALTORS License #332528

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1997

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 57 x 115
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,211 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Island Crest Pd Ph 3 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 069077 C00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1997

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND CREST PH3
  • List Price Per Sq Ft: 224
  • Number Of Stories: 1
  • Price Per Sq Ft: 223.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1211
  • Termite Contract: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: Split Bedroom Plan, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Private Full Bath, Smooth Ceiling
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Deck, Wood Fence, Sidewalks
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 715
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner, Landscaped, Wood Fenced
  • Lot Number: 110
  • Acreage: 0.12
  • Lot Size: 57 X 115
  • Price Per Acre: 2258333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069077 C00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Kunz Jay
Bought by
Morrow Robert E and White Isabella Eden
Current Estimated Value
$308,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$271,941
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$36,674

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 5, 2020
Sold by
Abney Bill H
Bought by
Kunz Jay
Seller's Agent
Jeanie Henson
Madison Avenue Realty, LLC
Buyer's Agent
Sam White
Crye-Leike, Inc., REALTORS
List Price
$271,000
Sold Price
$271,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$262,870
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2016
Sold by
Hammonds Harrison
Bought by
Abney Bill H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2015
Closed on
May 5, 2015
Sold by
Zheng Jie and Deng Sophie
Bought by
Hammonds Harrison and Hammonds Hank
Seller's Agent
Michele Crump
Hobson, REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$175,000
Sold Price
$174,000
Premium/Discount to List
-$1,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$168,192
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1999
Sold by
Lannin Carolyn S Harkness
Bought by
Zheng Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,188
Interest Rate
7.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 11, 1997
Sold by
Lenox Homes Llc
Bought by
Harkness Carolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.23%

Purchase Details

Closed on
Sep 1, 1995
Bought by
Forrest City Ready Mix Con

Purchase Details

Closed on
Dec 1, 1994
Bought by
Forrest City Ready Mix Con
Source: Public Records

Range of Values:

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Average Value
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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
Morrow Robert E $318,000 Edco Title & Closing Services
Kunz Jay $271,000 Edco Title & Closing Svcs
Abney Bill H $186,000 Attorney
Hammonds Harrison $174,000 Home Surety Title & Escrow L
Zheng Jie $140,400 --
Harkness Carolyn S $119,125 Southern Escrow Title Compan
Forrest City Ready Mix Con $200,000 --
Forrest City Ready Mix Con $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Robert E $278,000
Previous Owner Kunz Jay $262,870
Previous Owner Abney Bill H $111,600
Previous Owner Hammonds Harrison $168,192
Previous Owner Zheng Jie $108,300
Previous Owner Zheng Jie $116,800
Previous Owner Zheng Jie $136,188
Previous Owner Harkness Carolyn S $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Off Market $271,000 -- --
05/05/2020 05/05/20 Sold $271,000 0.0% $226 / Sq Ft
03/27/2019 03/27/19 For Sale $271,000 +55.7% $226 / Sq Ft
05/08/2015 05/08/15 Sold $174,000 -0.6% $145 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $175,000 -- $146 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,166 $74,400 $16,350 $58,050
2024 $2,166 $63,900 $12,500 $51,400
2023 $3,893 $63,900 $12,500 $51,400
2022 $3,893 $63,900 $12,500 $51,400
2021 $2,205 $63,900 $12,500 $51,400
2020 $3,426 $47,275 $12,500 $34,775
2019 $1,511 $47,275 $12,500 $34,775
2018 $1,511 $47,275 $12,500 $34,775
2017 $1,547 $47,275 $12,500 $34,775
2016 $1,808 $41,375 $0 $0
2014 $1,808 $41,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeanie Henson

    Madison Avenue Realty, LLC

    Section Image
  • Sam White

    Buyer's Agent in 2020

    Sam White

    Crye-Leike

    (901) 849-7376

    50 in this area

    102 Total Sales

    Section Image
  • Michele Crump

    Seller's Agent in 2015

    Michele Crump

    Hobson, REALTORS

    (901) 483-5088

    9 Total Sales

    Section Image
  • Richard Travers

    Buyer's Agent in 2015

    Richard Travers

    Crye-Leike

    (901) 218-3961

    116 in this area

    200 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085875

Memphis Area Association of REALTORS®

APN: 06-9077-C0-0021

Tennessee Shelby County Memphis 38103 Mud Island

1071 Island Place E, Memphis, TN

This home is located at 1071 Island Place E, Memphis, TN 38103 since 27 March 2019 and is currently estimated at $294,019, approximately $210 per square foot. This property was built in 1997. 1071 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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