NOT LISTED FOR SALE

116 Marrakesh Cir Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $259,000 - $303,779

2 Beds
2 Baths
1,000-1,199 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $310,000 $259 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,790/month

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Corner Lot

About This Home

As of August 2022

Tucked away on a corner lot in a quiet circle, this 2 bedroom, 2 bath home has a great location near Island Drive and all the wonderful amenities of Harbor Town and downtown. The open layout is ideal for entertaining, and you’ll enjoy relaxing in the two side yards. Professionally maintained quarterly HVAC, plumbing, electrical, and landscaping (monthly). You’ll want to make 116 Marrakesh your new home!

Last Agent to Sell the Property

Laura Carpenter

MidSouth Residential, LLC License #354969 Listed on: 07/15/2022

Last Buyer's Agent

Laura Carpenter

MidSouth Residential, LLC License #354969 Listed on: 07/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1996

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44x106
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,165 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Updated Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

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

Outdoor Features

  • Cove
  • Patio

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Island Crest P D Phase 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 069077 B00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1996

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND CREST PH2
  • List Price Per Sq Ft: 266
  • Number Of Stories: 1
  • Price Per Sq Ft: 266.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1165
  • Termite Contract: Yes
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Carpet, Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Gas Logs
  • Floors/Ceilings: Part Hardwood, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry, Island In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Wood Fence
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 1140
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Cove, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 73
  • Acreage: 0.11
  • Lot Size: 44X106
  • Price Per Acre: 2818182

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069077 B00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 19, 2022
Sold by
Ryan Daniel L
Bought by
Guibao Paul and Guibao Renee
Seller's Agent
Laura Carpenter
MidSouth Residential, LLC
Buyer's Agent
Laura Carpenter
MidSouth Residential, LLC
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$287,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,305
Avg. Annual Appreciation
-2.38%

Purchase Details

Listed on
Nov 18, 2015
Closed on
Dec 28, 2015
Sold by
Teigland Cindy Lou
Bought by
Ryan Daniel L
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$186,456
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2011
Sold by
Poole Brian H and Poole Leslie M
Bought by
Teigland Cindy Lou

Purchase Details

Closed on
Apr 18, 2006
Sold by
Vangrouw John A and Van Grouw Catherine M
Bought by
Poole Brian H and Poole Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 14, 2005
Sold by
Dent Thomas B
Bought by
Vangrouw John A and Van Grouw Catherine M
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
Guibao Paul $310,000 --
Ryan Daniel L $109,900 Attorney
Teigland Cindy Lou $169,000 Tri State Title
Poole Brian H $193,000 None Available
Vangrouw John A $119,678 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Daniel L $186,456
Previous Owner Poole Brian H $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $310,000 0.0% $310 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $310,000 +63.2% $310 / Sq Ft
12/28/2015 12/28/15 Sold $189,900 0.0% $190 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $189,900 -- $190 / 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 $2,097 $77,875 $15,950 $61,925
2024 $2,097 $61,850 $12,200 $49,650
2023 $3,768 $61,850 $12,200 $49,650
2022 $3,768 $61,850 $12,200 $49,650
2021 $3,812 $61,850 $12,200 $49,650
2020 $3,400 $46,925 $12,200 $34,725
2019 $1,500 $46,925 $12,200 $34,725
2018 $1,500 $46,925 $12,200 $34,725
2017 $1,535 $46,925 $12,200 $34,725
2016 $1,831 $41,900 $0 $0
2014 $1,831 $41,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Carpenter

    MidSouth Residential, LLC

    Section Image
  • Richard Travers

    Seller's Agent in 2015

    Richard Travers

    Crye-Leike

    (901) 218-3961

    116 in this area

    201 Total Sales

    Richard Travers
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128822

Memphis Area Association of REALTORS®

APN: 06-9077-B0-0035

Tennessee Shelby County Memphis 38103 Mud Island

116 Marrakesh Cir, Memphis, TN

This home is located at 116 Marrakesh Cir, Memphis, TN 38103 since 15 July 2022 and is currently estimated at $287,695, approximately $239 per square foot. This property was built in 1996. 116 Marrakesh Cir 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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