NOT LISTED FOR SALE

1261 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $347,000 - $414,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $400,000 $250 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,243/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of February 2023

This home is located at 1261 Island Place E, Memphis, TN 38103 since 13 January 2023 and is currently estimated at $372,733, approximately $266 per square foot. This property was built in 2003. 1261 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.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 01/13/2023

Last Buyer's Agent

Christina Morris

Hobson, REALTORS License #327463

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 5,227 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,577 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Some Wood Windows
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Island View Pd Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 069077 F00032

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND VIEW
  • List Price Per Sq Ft: 254
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 253.65
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1577
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

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

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 32
  • Acreage: 0.12
  • Lot Size: 44.15 X 117.86 IRR
  • Price Per Acre: 3333333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 F00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 28, 2023
Sold by
Miller Charles
Bought by
Whm Properties Llc
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Christina Morris
Hobson, REALTORS
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$372,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,844
Avg. Annual Appreciation
-2.50%

Purchase Details

Listed on
Jan 21, 2019
Closed on
Feb 27, 2019
Sold by
Earnest Jason D and Earnest Kelly B
Bought by
Miller Charles and Wendel Tammy
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Karen Walker
Karen Walker Realty Group, LLC
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$228,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Paragon Relocation Resources Inc
Bought by
Earnest Jason Daniel and Earnest Kelly Brock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,200
Interest Rate
7.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2003
Sold by
Island View Llc
Bought by
Rosenbury Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,695
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Whm Properties Llc $400,000 --
Miller Charles $285,000 None Available
Earnest Jason Daniel $231,000 Title Insurance Company
Paragon Relocation Resources Inc $231,000 None Available
Rosenbury Nancy A $170,695 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Charles $228,000
Previous Owner Miller Charles $228,000
Previous Owner Earnest Jason Daniel $174,500
Previous Owner Paragon Relocation Resources Inc $46,200
Previous Owner Earnest Jason Daniel $184,800
Previous Owner Rosenbury Nancy A $170,695
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $400,000 0.0% $286 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $400,000 +40.4% $286 / Sq Ft
02/27/2019 02/27/19 Sold $285,000 0.0% $204 / Sq Ft
01/21/2019 01/21/19 For Sale $285,000 -- $204 / 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 -- $102,775 $14,775 $88,000
2024 $2,467 $72,775 $12,425 $60,350
2023 $4,433 $72,775 $12,425 $60,350
2022 $4,433 $72,775 $12,425 $60,350
2021 $4,485 $72,775 $12,425 $60,350
2020 $4,047 $55,850 $12,425 $43,425
2019 $1,785 $55,850 $12,425 $43,425
2018 $1,785 $55,850 $12,425 $43,425
2017 $1,827 $55,850 $12,425 $43,425
2016 $1,920 $43,925 $0 $0
2014 $1,920 $43,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Christina Morris

    Buyer's Agent in 2023

    Christina Morris

    Hobson, REALTORS

    (901) 277-1699

    1 in this area

    69 Total Sales

    Section Image

  • R

    Buyer Co-Listing Agent in 2023

    Ruth Morris

    Hobson, REALTORS

    1 in this area

    42 Total Sales

    Section Image
  • Richard Travers

    Seller's Agent in 2019

    Richard Travers

    Crye-Leike

    (901) 218-3961

    116 in this area

    200 Total Sales

    Section Image
  • Karen Walker

    Buyer's Agent in 2019

    Karen Walker

    Karen Walker Realty Group, LLC

    (901) 512-8250

    1 in this area

    109 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143175

Memphis Area Association of REALTORS®

APN: 06-9077-F0-0032

Tennessee Shelby County Memphis 38103 Mud Island

1261 Island Place E, Memphis, TN

This home is located at 1261 Island Place E, Memphis, TN 38103 since 13 January 2023 and is currently estimated at $372,733, approximately $233 per square foot. This property was built in 2003. 1261 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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