NOT LISTED FOR SALE

1228 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $374,023

4 Beds
2.5 Baths
1,884 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2019

Last sale price $310,000 $165 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,209 / mo

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Double Vanity
  • High Ceiling
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of December 2019

The most fabulous 4BR/2.5BA on the Island.Abundant natural light throughout this great floor plan.Sellers have made the most incredible improvements to set this home a part.Stunning & newly renovated kitchen with beautiful quartz counters and stainless steel appliances.Restoration Hardware lighting & drapery,plantation shutters.Custom closets in MBR and guest.New Roof & New HVAC. Fresh exterior & Interior Paint.Part of Garage is currently used as gym with custom cabinets and mirrors.Do not miss!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,011

Year Built

  • Built in 2002

Lot Details

  • 3,920

Parking

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

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Den with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • 3,920 Sq Ft Lot

Community Details

  • Property has a Home Owners Association
  • Harbor Isle Pd Phase 2 Subdivision

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 069077 E00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,011

Year Built

Built in 2002

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2002
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet(s), High Ceilings, Pantry
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Range, Gas Oven
  • Fireplace Features: Den, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1884
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size: 3913 SF 34.76 X 120 (IRR)
  • Lot Size Units: Acres
  • Parcel #: 069077 E00032
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4011
  • Tax Lot: 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2022
Sold by
Erickson Angela B
Bought by
Erickson William A
Current Estimated Value
$374,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Outstanding Balance
$295,006
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$79,017

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 18, 2019
Sold by
Griffin Nicholas W and Griffin Mary W
Bought by
Erickson William A and Erickson Angela B
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$228,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2014
Closed on
Dec 29, 2014
Sold by
Dacus Ashley Bonds
Bought by
Griffin Nicholas W and Griffin Mary W
Seller's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
Buyer's Agent
Jon Dickens
The Firm
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$223,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2014
Sold by
Dacus Kevin
Bought by
Bonds Ashley

Purchase Details

Closed on
Sep 15, 2008
Sold by
Donnellan Chris J and Donnellan Amy L
Bought by
Bonds Ashley and Dacus Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,068
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Bronze Christian Llc
Bought by
Donnellan Chris J and Donnellan Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.49%
Source: Public Records
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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
Erickson William A -- Erickson Title & Closing
Erickson William A $310,000 Bay Mark Title
Griffin Nicholas W $235,000 Mid South Title Services Llc
Bonds Ashley -- None Available
Bonds Ashley $223,000 Chicago Title Ins Co
Donnellan Chris J $187,400 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson William A $304,500
Previous Owner Erickson William A $228,500
Previous Owner Griffin Nicholas W $223,250
Previous Owner Bonds Ashley $222,068
Previous Owner Donnellan Chris J $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2019 12/18/19 Sold $310,000 -8.8% $165 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $340,000 +44.7% $180 / Sq Ft
12/29/2014 12/29/14 Sold $235,000 -2.1% $131 / Sq Ft View Prior Sale
10/19/2014 10/19/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $240,000 -- $133 / Sq Ft
Source: Realtracs

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 $2,539 $91,825 $14,025 $77,800
2024 $2,539 $74,900 $11,775 $63,125
2023 $4,563 $74,900 $11,775 $63,125
2022 $4,563 $74,900 $11,775 $63,125
2021 $2,584 $74,900 $11,775 $63,125
2020 $4,340 $59,900 $11,775 $48,125
2019 $1,914 $59,900 $11,775 $48,125
2018 $1,914 $59,900 $11,775 $48,125
2017 $1,960 $59,900 $11,775 $48,125
2016 $2,256 $51,625 $0 $0
2014 $2,256 $51,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Bonds

    Seller's Agent in 2014

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    6 in this area

    69 Total Sales

    Ashley Bonds
    Section Image
  • Jon Dickens

    Buyer's Agent in 2014

    Jon Dickens

    The Firm

    (901) 496-5702

    3 in this area

    285 Total Sales

    Jon Dickens
    Section Image
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Map

Source: Realtracs

MLS Number: 3161807

Realtracs

APN: 06-9077-E0-0032

Tennessee Shelby County Memphis 38103 Mud Island

1228 Island Place E, Memphis, TN

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.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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