NOT LISTED FOR SALE

1250 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $346,000 - $355,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 30, 2020

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

Est. 11% increase in value since last sale

Current estimated payment $2,105/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

Keller Williams

Home Details

Home Type

  • Single Family

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

  • Brick Veneer
  • 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

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
  • MAAR Subdivision Name: ISLAND VIEW
  • List Price Per Sq Ft: 195
  • Number Of Stories: 2
  • 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
  • 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

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
$348,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,278
Avg. Annual Appreciation
1.82%
Original Mortgage
$315,000
Outstanding Balance
$280,454
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$67,824

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
4.06%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $204,232
Previous Owner Pope Elliot L $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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

    5 in this area

    24 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

    11 in this area

    31 Total Sales

    Fancher Smith
    Section Image
  • Mike Parker

    Buyer's Agent in 2015

    Mike Parker

    The Firm

    (901) 277-7275

    12 in this area

    253 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

Not Listed for Sale

Detached

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