NOT LISTED FOR SALE

1250 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $357,000 - $418,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $315,000 $175 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,357/month

27 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of July 2020

Come live on the island and feel like you are on vacation all year long. This beautiful 3 br/ 2.5 ba home has an upgraded kitchen with granite counter tops, stainless steel appliances & stunning back splash, the open & airy great room with gas fp is great for entertaining. You also have a downstairs front porch to relax on, a balcony off the master & a private area for grilling & pets. The master suite has an updated bath w/ larger shower and walk in closet.

Last Agent to Sell the Property

Kelly Wilson

Adaro Realty, Inc. License #256291 Listed on: 06/18/2020

Adaro Realty, Inc.

Last Buyer's Agent

Jessica Ballentine

Keller Williams License #348596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Year Built

  • Built in 2005

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 120
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,691 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 069077 F00026

Community Details

Overview

  • Island View Pd Subdivision
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Year Built

Built in 2005

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND VIEW
  • List Price Per Sq Ft: 195
  • Number Of Stories: 2
  • Price Per Sq Ft: 186.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1691
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Down, Vaulted/Coffered Primary, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 2
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 2
  • Bedrooms: 3
  • Fireplace: In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • 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: Carpet, Level 2, Walk-In Closet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum/Steel Siding, Double Pane Window(s)
  • 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: 220 Wiring, Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water

Association/Amenities

  • Annual Association Fee: 900
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 26
  • Acreage: 0.08
  • Lot Size: 31 X 120
  • Price Per Acre: 4112500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 F00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 27, 2020
Sold by
Lantrip James K and Lantrip Leslie C
Bought by
Tyler Margarett
Seller's Agent
Kelly Wilson
Adaro Realty, Inc.
Buyer's Agent
Jessica Ballentine
Keller Williams
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$378,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,358
Avg. Annual Appreciation
3.99%
Original Mortgage
$315,000
Outstanding Balance
$282,287
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$101,991

Purchase Details

Closed on
Dec 21, 2016
Sold by
Martin Gary Don and Martin Wendy Arlene
Bought by
Lantrip James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2015
Closed on
Feb 25, 2015
Sold by
Clarkson Andrew J
Bought by
Martin Gary Don and Martin Wendy Arlene
Seller's Agent
Fancher Smith
Keller Williams
Buyer's Agent
Mike Parker
The Firm
List Price
$227,000
Sold Price
$225,000
Premium/Discount to List
-$2,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$232,425
Interest Rate
3.77%
Mortgage Type
VA

Purchase Details

Closed on
Mar 26, 2010
Sold by
Pope Elliot L
Bought by
Clarkson Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,232
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2006
Sold by
Saberi Ali and Saberi Kimberly H
Bought by
Pope Elliot L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Tyler Margarett $315,000 None Available
Lantrip James K $250,000 Mid South Title Services Llc
Martin Gary Don $225,000 Delta Title Services Llc
Clarkson Andrew J $208,000 Realty Title
Pope Elliot L $235,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Margarett $315,000
Previous Owner Lantrip James K $200,000
Previous Owner Martin Gary Don $232,425
Previous Owner Clarkson Andrew J $209,000
Previous Owner Clarkson Andrew J $204,232
Previous Owner Pope Elliot L $40,000
Previous Owner Pope Elliot L $188,000
Previous Owner Pope Elliot L $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $315,000 -4.3% $197 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $329,000 +46.2% $206 / Sq Ft
02/25/2015 02/25/15 Sold $225,000 -0.9% $131 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $227,000 -- $132 / 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 $2,646 $95,300 $14,975 $80,325
2024 $2,646 $78,050 $12,575 $65,475
2023 $4,755 $78,050 $12,575 $65,475
2022 $4,755 $78,050 $12,575 $65,475
2021 $4,810 $78,050 $12,575 $65,475
2020 $4,375 $60,375 $12,575 $47,800
2019 $1,930 $60,375 $12,575 $47,800
2018 $1,930 $60,375 $12,575 $47,800
2017 $1,975 $60,375 $12,575 $47,800
2016 $2,187 $50,050 $0 $0
2014 $2,187 $50,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wilson

    Seller's Agent in 2020

    Kelly Wilson

    Adaro Realty, Inc.

    (901) 461-9510

    8 in this area

    30 Total Sales

    Kelly Wilson
    Section Image

  • J

    Buyer's Agent in 2020

    Jessica Ballentine

    Keller Williams

    Section Image

  • F

    Seller's Agent in 2015

    Fancher Smith

    Keller Williams

    (901) 351-6436

    9 in this area

    30 Total Sales

    Fancher Smith
    Section Image
  • Mike Parker

    Buyer's Agent in 2015

    Mike Parker

    The Firm

    (901) 277-7275

    12 in this area

    260 Total Sales

    Mike Parker
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078870

Memphis Area Association of REALTORS®

APN: 06-9077-F0-0026

Tennessee Shelby County Memphis 38103 Mud Island

1250 Island Place E, Memphis, TN

This home is located at 1250 Island Place E, Memphis, TN 38103 since 18 June 2020 and is currently estimated at $378,358, approximately $210 per square foot. This property was built in 2005. 1250 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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