NOT LISTED FOR SALE

1194 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $355,424 - $395,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $268,000 $134 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,460/month

55 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Home Office
  • Traditional Architecture
  • Whirlpool Bathtub
  • Breakfast Room

About This Home

As of June 2018

Very well maintained home with open living areas, beautiful hardwood floor at main lever, nice size master bedroom with walk-in closet, fresh paint exterior, spacious loft/office area upstairs, charming balcony , like new carpet upstairs.

Last Agent to Sell the Property

Jianying Yuan

KAIZEN Realty, LLC License #328761 Listed on: 03/28/2018

KAIZEN Realty, LLC

Last Buyer's Agent

Mike Parker

The Firm License #284810

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,838 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Double Pane Windows
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Harbor Isle Pd Phase 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 069077 E00024

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: HARBOR ISLE PH2
  • List Price Per Sq Ft: 148
  • Number Of Stories: 2
  • Price Per Sq Ft: 145.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1838
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Fireplace: In Living Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Patio, Balcony
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 124
  • Acreage: 0.08
  • Lot Size: 3720 SF 31 X 120
  • Price Per Acre: 3406250

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 E00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jun 1, 2018
Sold by
Liu Zhimnin and Huang Xin
Bought by
Wells Ronald S and Rohnald S Wells Revocable Trust
Seller's Agent
Jianying Yuan
KAIZEN Realty, LLC
Buyer's Agent
Mike Parker
The Firm
List Price
$272,500
Sold Price
$268,000
Premium/Discount to List
-$4,500
-1.65%
Current Estimated Value
$378,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,520
Avg. Annual Appreciation
4.58%
Original Mortgage
$221,000
Outstanding Balance
$192,311
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$177,545

Purchase Details

Listed on
Jun 13, 2013
Closed on
Mar 14, 2014
Sold by
Katz Brian A
Bought by
Liu Zhimin and Huang Xin
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jianying Yuan
KAIZEN Realty, LLC
List Price
$234,900
Sold Price
$227,500
Premium/Discount to List
-$7,400
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$182,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2006
Sold by
Onciu Mihaela
Bought by
Katz Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2002
Sold by
Bronze Christian Llc
Bought by
Onciu Mihaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

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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
Wells Ronald S $268,500 None Available
Liu Zhimin $227,500 Fntg
Katz Brian A $237,500 Executive Title & Closing In
Onciu Mihaela $193,733 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Ronald S $221,000
Previous Owner Liu Zhimin $182,000
Previous Owner Katz Brian A $151,098
Previous Owner Katz Brian A $150,000
Previous Owner Onciu Mihaela $33,000
Previous Owner Onciu Mihaela $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $268,000 -1.7% $149 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $272,500 +19.8% $151 / Sq Ft
03/28/2014 03/28/14 Sold $227,500 -3.2% $126 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
06/13/2013 06/13/13 For Sale $234,900 -- $131 / 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 -- $93,450 $13,900 $79,550
2024 -- $76,425 $11,675 $64,750
2023 $4,656 $76,425 $11,675 $64,750
2022 $4,656 $76,425 $11,675 $64,750
2021 $2,073 $76,425 $11,675 $64,750
2020 $1,946 $60,875 $11,675 $49,200
2019 $1,946 $60,875 $11,675 $49,200
2018 $1,946 $60,875 $11,675 $49,200
2017 $1,992 $60,875 $11,675 $49,200
2016 $2,307 $52,800 $0 $0
2014 $2,307 $52,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jianying Yuan

    KAIZEN Realty, LLC

    (901) 336-8849

    28 Total Sales

    Section Image
  • Mike Parker

    Buyer's Agent in 2018

    Mike Parker

    The Firm

    (901) 277-7275

    13 in this area

    266 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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10023378

Memphis Area Association of REALTORS®

APN: 06-9077-E0-0024

Tennessee Shelby County Memphis 38103 Mud Island

1194 Island Place E, Memphis, TN

This home is located at 1194 Island Place E, Memphis, TN 38103 since 28 March 2018 and is currently estimated at $369,856, approximately $185 per square foot. This property was built in 2002. 1194 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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