$364,000
SOLD AUG 31, 2021

1125 Island Place E Memphis, TN 38103

Mud Island Neighborhood
3 Beds
2.5 Baths
1,800-1,999 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$182 Per Sq Ft

4% Above List Price

25 Days on Market

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Loft

About This Home

As of August 2021

This 3 bed 2.5 bath Harbor Town beauty is move in ready. It features an open concept, soaring ceilings, a loft/office overlooking the great room with lots of natural light. If you love the downtown life, this is it! The seller has painted the interior and installed new carpet.

Last Agent to Sell the Property

Sharon Brown

Crye-Leike, Inc., REALTORS License #268648 Listed on: 07/23/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 2001

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 120
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,840 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • Harbor Isle Pd Ph 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 069077 D00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,653

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: HARBOR ISLE PH1
  • List Price Per Sq Ft: 190
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 197.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1840
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, Office, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Historic District, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum/Steel Siding, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 42
  • Acreage: 0.08
  • Lot Size: 31 X 120
  • Price Per Acre: 4375000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 D00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 10, 2021
Sold by
Nimmer Archie
Bought by
Murray Nicholas Joseph
Seller's Agent
Sharon Brown
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
List Price
$350,000
Sold Price
$364,000
Premium/Discount to List
$14,000
4%
Current Estimated Value
$383,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,513
Avg. Annual Appreciation
1.35%
Original Mortgage
$345,800
Outstanding Balance
$316,703
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$66,810

Purchase Details

Closed on
Jan 4, 2017
Sold by
Lee Jennifer Joe
Bought by
Nimmer Archie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,946
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2007
Sold by
Halford John Michael
Bought by
Joe Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Bronze Christian Llc
Bought by
Halford John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.98%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $364,000 Closetrak
Warranty Deed $279,000 Realty Title
Warranty Deed $227,450 None Available
Warranty Deed $179,865 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,800 New Conventional
Previous Owner $140,000 Commercial
Previous Owner $273,946 FHA
Previous Owner $150,000 New Conventional
Previous Owner $171,900 Purchase Money Mortgage
Previous Owner $159,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $364,000 +4.0% $202 / Sq Ft
07/23/2021 07/23/21 For Sale $350,000 +25.4% $194 / Sq Ft
01/05/2018 01/05/18 Sold $279,000 +1.8% $155 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $274,000 -- $152 / 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 $2,653 $99,175 $13,900 $85,275
2024 $2,653 $78,250 $11,675 $66,575
2023 $4,767 $78,250 $11,675 $66,575
2022 $4,767 $78,250 $11,675 $66,575
2021 $4,823 $78,250 $11,675 $66,575
2020 $4,541 $62,675 $11,675 $51,000
2019 $2,003 $62,675 $11,675 $51,000
2018 $2,003 $62,675 $11,675 $51,000
2017 $1,677 $51,275 $11,675 $39,600
2016 $1,937 $44,325 $0 $0
2014 $1,937 $44,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Brown

    Seller's Agent in 2021

    Sharon Brown

    Crye-Leike

    (901) 355-7271

    1 in this area

    123 Total Sales

    Sharon Brown
    Section Image
  • Joyce McKenzie

    Buyer's Agent in 2021

    Joyce McKenzie

    Crye-Leike

    (901) 286-7110

    1 in this area

    213 Total Sales

    Joyce McKenzie
    Section Image

  • B

    Seller's Agent in 2018

    Bruce Johnson

    mlsAssist

    (901) 266-6000

    1 in this area

    199 Total Sales

    Bruce Johnson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104822

Memphis Area Association of REALTORS®

APN: 06-9077-D0-0042

Tennessee Shelby County Memphis 38103 Mud Island

1125 Island Place E, Memphis, TN

This home is located at 1125 Island Place E, Memphis, TN 38103 and is currently priced at $364,000, approximately $182 per square foot. This property was built in 2001. 1125 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.

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