NOT LISTED FOR SALE

128 Marrakesh Cir Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $348,000 - $382,000

3 Beds
2.5 Baths
1,644 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $342,500 $208 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,168/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Some Wood Windows
  • Wood Flooring
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of May 2021

FSBO

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 04/03/2021

Last Buyer's Agent

Taylor Waring

Ware Jones, REALTORS License #338298

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1996

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37x100
  • Landscaped
  • Corner Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,644 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Island Crest P D Phase 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 069077 B00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1996

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 CREST PH2
  • List Price Per Sq Ft: 212
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 208.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1644
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Renovated Bathroom, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • Master Bedroom: Level 1, Full Bath
  • Master Bedroom Dimensions: 15x14
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner, Landscaped
  • Lot Number: 76
  • Acreage: 0.09
  • Lot Size: 37X100
  • Price Per Acre: 3877778

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 069077 B00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 3, 2021
Sold by
Edwards Angela Ladner and Edwards Jonathan
Bought by
Arshad Faaiza
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Taylor Waring
Ware Jones, REALTORS
List Price
$349,000
Sold Price
$342,500
Premium/Discount to List
-$6,500
-1.86%
Current Estimated Value
$362,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,730
Avg. Annual Appreciation
2.66%
Original Mortgage
$274,000
Outstanding Balance
$250,413
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$132,962

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 17, 2018
Sold by
Schorman Kyle J
Bought by
Ladner Angela
Seller's Agent
Rip Haney
Marx-Bensdorf, REALTORS
Buyer's Agent
Ronald Sandefer
Emmett Baird Realty, LLC
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$227,905
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2009
Sold by
Allan Britton and Allan Sarah
Bought by
Schorman Kyle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,305
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2005
Sold by
Herrin Donna M
Bought by
Allan Britton and Allan Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,706
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2003
Sold by
Quarles Brian
Bought by
Herrin Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1996
Sold by
High Point Developers
Bought by
Quarles Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,377
Interest Rate
7.67%
Mortgage Type
FHA
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
Arshad Faaiza $342,500 None Available
Ladner Angela $239,900 None Available
Schorman Kyle J $204,000 None Available
Allan Britton $195,000 --
Herrin Donna M $160,000 --
Quarles Brian $122,600 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshad Faaiza $274,000
Previous Owner Ladner Angela $227,905
Previous Owner Schorman Kyle J $200,305
Previous Owner Allan Britton $199,706
Previous Owner Herrin Donna M $160,000
Previous Owner Quarles Brian $128,000
Previous Owner Quarles Brian $122,377
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $342,500 -1.9% $208 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $349,000 +45.5% $212 / Sq Ft
05/17/2018 05/17/18 Sold $239,900 0.0% $150 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $239,900 -- $150 / 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 $2,322 $88,750 $13,900 $74,850
2024 $2,322 $68,500 $11,675 $56,825
2023 $4,173 $68,500 $11,675 $56,825
2022 $4,173 $68,500 $11,675 $56,825
2021 $4,222 $68,500 $11,675 $56,825
2020 $4,054 $55,950 $11,675 $44,275
2019 $1,788 $55,950 $11,675 $44,275
2018 $1,788 $55,950 $11,675 $44,275
2017 $1,830 $55,950 $11,675 $44,275
2016 $2,078 $47,550 $0 $0
2014 $2,078 $47,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • T

    Buyer's Agent in 2021

    Taylor Waring

    Ware Jones, REALTORS

    (901) 517-8002

    9 in this area

    55 Total Sales

    Taylor Waring
    Section Image
  • Rip Haney

    Seller's Agent in 2018

    Rip Haney

    Marx-Bensdorf, REALTORS

    (901) 351-2190

    5 in this area

    88 Total Sales

    Rip Haney
    Section Image
  • Ronald Sandefer

    Buyer's Agent in 2018

    Ronald Sandefer

    Emmett Baird Realty, LLC

    (901) 319-0747

    137 Total Sales

    Ronald Sandefer
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099096

Memphis Area Association of REALTORS®

APN: 06-9077-B0-0038

Tennessee Shelby County Memphis 38103 Mud Island

128 Marrakesh Cir, Memphis, TN

This home is located at 128 Marrakesh Cir, Memphis, TN 38103 since 03 April 2021 and is currently estimated at $362,230, approximately $220 per square foot. This property was built in 1996. 128 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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