NOT LISTED FOR SALE

125 Marrakesh Cir Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $362,000 - $404,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $200,000 $100 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,315/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Corner Lot
  • Wood Flooring
  • Loft
  • Breakfast Room

About This Home

As of January 2013

Great home with Mstr BR down & a fenced side yard! Good looking hdwd flrs w/large open great rm, sep dining rm, 10x08 loft area, kitchen w/granite, new carpet upstairs, great closet space! Home is on a corner lot of quiet street. Great neighborhood!

Last Agent to Sell the Property

Richard Travers

Crye-Leike, Inc., REALTORS License #234229 Listed on: 10/12/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Marjorie Cooper

C21 Home First, REALTORS License #323879

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1995

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,806 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 069077 B00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,611

Year Built

Built in 1995

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND CREST PH2
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 110.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1806
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 1
  • 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, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 900
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 70
  • Acreage: 0.1
  • Lot Size: 30x100

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 B00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Jan 18, 2013
Sold by
Kumar Neeraj and Kumar Shweta
Bought by
Holiday Lawanna A
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Marjorie Cooper
C21 Home First, REALTORS
List Price
$214,000
Sold Price
$200,000
Premium/Discount to List
-$14,000
-6.54%
Current Estimated Value
$382,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,902
Avg. Annual Appreciation
5.49%
Original Mortgage
$200,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Musselwhite Charles D and Musselwhite Jane P
Bought by
Kumar Neeraj and Kumar Shweta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Holiday Lawanna A $200,000 None Available
Kumar Neeraj $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holiday Lawanna A $200,000
Previous Owner Kumar Neeraj $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2013 01/16/13 Sold $200,000 -6.5% $111 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $214,000 -- $119 / 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 $2,611 $90,575 $14,275 $76,300
2024 $2,611 $77,025 $11,975 $65,050
2023 $4,692 $77,025 $11,975 $65,050
2022 $4,692 $77,025 $11,975 $65,050
2021 $4,747 $77,025 $11,975 $65,050
2020 $4,284 $59,125 $11,975 $47,150
2019 $4,284 $59,125 $11,975 $47,150
2018 $4,284 $59,125 $11,975 $47,150
2017 $2,603 $63,325 $11,975 $51,350
2016 $2,254 $51,575 $0 $0
2014 $2,254 $51,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Travers

    Seller's Agent in 2013

    Richard Travers

    Crye-Leike

    (901) 218-3961

    116 in this area

    201 Total Sales

    Richard Travers
    Section Image

  • M

    Buyer's Agent in 2013

    Marjorie Cooper

    C21 Home First, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3257959

Memphis Area Association of REALTORS®

APN: 06-9077-B0-0032

Tennessee Shelby County Memphis 38103 Mud Island

125 Marrakesh Cir, Memphis, TN

This home is located at 125 Marrakesh Cir, Memphis, TN 38103 since 12 October 2012 and is currently estimated at $382,902, approximately $191 per square foot. This property was built in 1995. 125 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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