$382,000
SOLD JUL 18, 2024

1227 Island Place E Memphis, TN 38103

Mud Island Neighborhood
3 Beds
2.5 Baths
1,600-1,799 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

4% Below List Price

59 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Attic
  • Vaulted Ceiling
  • Wood Flooring
  • Balcony

About This Home

As of July 2024

Nestled on sought-after Mud Island, this captivating home features sophisticated upgrades like MODERN LIGHTING and an updated kitchen. The OPEN-CONCEPT living area boasts a striking FEATURE WALL, while the spacious Primary Suite offers two WALK-IN CLOSETS and a balcony. Minutes from the medical district and downtown shops, this stylish sanctuary offers CONVENIENT location, ensuring a SAFE and welcoming place to call home. Roof and HVAC under 5 years old. Furniture negotiable.

Last Agent to Sell the Property

Phil Hopewell

Results MLS REALTORS License #353262 Listed on: 04/26/2024

Last Buyer's Agent

Michelle Creamer

Groome & Co. License #284261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 2002

Lot Details

  • 3,485 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,771 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Gas Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry closet
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 069077 E00040

Community Details

Overview

  • Harbor Isle Pd Phase 2 Subdivision
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,519

Year Built

Built in 2002

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: HARBOR ISLE PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 215.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1771
  • Year Built: 2002
  • List Price/ Sq Ft: 225
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Split Bedroom Plan, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling

Exterior Features

  • Misc Exterior: Porch, Patio, Balcony
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

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
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1000
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 140
  • Acreage: 0.08
  • Lot Size: 3872 SF 30.49 X 120 (IRR)
  • Price Per Acre: 4975000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 E00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 18, 2024
Sold by
Tang Anthony A and Tang Alissa M
Bought by
Wagner Hayden A
Seller's Agent
Phil Hopewell
Results MLS REALTORS
Buyer's Agent
Michelle Creamer
Groome & Co.
List Price
$399,000
Sold Price
$382,000
Premium/Discount to List
-$17,000
-4.26%
Views
32
Current Estimated Value
$374,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,043
Avg. Annual Appreciation
-1.79%
Original Mortgage
$286,500
Outstanding Balance
$284,084
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$90,873

Purchase Details

Listed on
Apr 4, 2020
Closed on
May 15, 2020
Sold by
Wharff Duncan C
Bought by
Tang Anthony A and Tang Alissa M
Seller's Agent
Laurence Kenner
Marx-Bensdorf, REALTORS
Buyer's Agent
Lexie Hicks Johnston
Coldwell Banker Collins-Maury
List Price
$298,000
Sold Price
$305,000
Premium/Discount to List
$7,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$305,000
Interest Rate
3.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2017
Closed on
May 25, 2017
Sold by
Moyers John Clifton
Bought by
Wharff Duncan C
Seller's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
Buyer's Agent
Laurence Kenner
Marx-Bensdorf, REALTORS
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$247,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2013
Closed on
Jan 31, 2014
Sold by
Moss Arthur
Bought by
Moyers John Clifton
Seller's Agent
Sheldon Rosengarten
Marx-Bensdorf, REALTORS
Buyer's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
List Price
$224,900
Sold Price
$212,100
Premium/Discount to List
-$12,800
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
May 30, 2007
Sold by
Dang Gerald T and Li Sherri X
Bought by
Moss Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Bronze Christian Llc
Bought by
Dang Gerald T and Li Sherri X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,090
Interest Rate
5.5%
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 $382,000 Erickson Title & Closing
Warranty Deed $305,000 None Available
Warranty Deed $260,000 Summit Title & Escrow Llc
Warranty Deed $212,100 Southern Trust Title
Warranty Deed $226,500 Mid America Title Agency Inc
Warranty Deed $171,090 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $286,500 New Conventional
Previous Owner $305,000 New Conventional
Previous Owner $247,000 New Conventional
Previous Owner $181,200 Purchase Money Mortgage
Previous Owner $171,090 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $382,000 -4.0% $239 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $398,000 -0.3% $249 / Sq Ft
04/26/2024 04/26/24 For Sale $399,000 +30.8% $249 / Sq Ft
05/15/2020 05/15/20 Sold $305,000 +2.3% $191 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/04/2020 04/04/20 For Sale $298,000 +14.6% $186 / Sq Ft
05/25/2017 05/25/17 Sold $260,000 +2.0% $163 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $255,000 +20.2% $159 / Sq Ft
01/31/2014 01/31/14 Sold $212,100 -5.7% $133 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $224,900 -- $141 / 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 $2,519 $93,875 $14,000 $79,875
2024 $2,519 $74,300 $11,750 $62,550
2023 $4,526 $74,300 $11,750 $62,550
2022 $4,526 $74,300 $11,750 $62,550
2021 $2,563 $74,300 $11,750 $62,550
2020 $4,445 $61,350 $11,750 $49,600
2019 $1,961 $61,350 $11,750 $49,600
2018 $1,961 $61,350 $11,750 $49,600
2017 $2,007 $61,350 $11,750 $49,600
2016 $2,255 $51,600 $0 $0
2014 $2,255 $51,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Hopewell

    Seller's Agent in 2024

    Phil Hopewell

    Results MLS REALTORS

    (615) 488-2094

    1 in this area

    120 Total Sales

    Phil Hopewell
    Section Image
  • Michelle Creamer

    Buyer's Agent in 2024

    Michelle Creamer

    Groome & Co.

    (901) 634-4321

    8 in this area

    239 Total Sales

    Michelle Creamer
    Section Image
  • Laurence Kenner

    Seller's Agent in 2020

    Laurence Kenner

    Marx-Bensdorf, REALTORS

    (901) 351-4210

    28 Total Sales

    Laurence Kenner
    Section Image
  • Lexie Hicks Johnston

    Buyer's Agent in 2020

    Lexie Hicks Johnston

    Coldwell Banker Collins-Maury

    (901) 489-1604

    101 Total Sales

    Lexie Hicks Johnston
    Section Image
  • Felix Bishop

    Seller's Agent in 2017

    Felix Bishop

    Crye-Leike, Inc., REALTORS

    (901) 486-6082

    85 Total Sales

    Felix Bishop
    Section Image
  • Sheldon Rosengarten

    Seller's Agent in 2014

    Sheldon Rosengarten

    Marx-Bensdorf, REALTORS

    (901) 755-5222

    1 in this area

    208 Total Sales

    Sheldon Rosengarten
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171089

Memphis Area Association of REALTORS®

APN: 06-9077-E0-0040

Tennessee Shelby County Memphis 38103 Mud Island

1227 Island Place E, Memphis, TN

This home is located at 1227 Island Place E, Memphis, TN 38103 and is currently priced at $382,000, approximately $212 per square foot. This property was built in 2002. 1227 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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