NOT LISTED FOR SALE

1297 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $403,000 - $414,000

3 Beds
2.5 Baths
2,400-2,599 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2019

Last sale price $315,000 $121 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,440 / mo

29 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • Corner Lot

About This Home

As of August 2019

**NEW ROOF** Prime Property located in heart of Harbor Town, Downtown Memphis! Home is priced to sell as is. Home located on one of the largest corner lots on Harbor Town. Side Fenced Yard. Bonus Room with Downtown Memphis View on the 3rd Level. Open floor plan with hard wood floors. This is a must see and good buy for someone wanting to experience the downtown vibe!

Last Agent to Sell the Property

Realis Sanders

Keller Williams License #347484 Listed on: 06/25/2019

Keller Williams

Last Buyer's Agent

Karen Walker

Epique Realty License #291874

Epique Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Wrought Iron Fence
  • Corner Lot
  • Sprinklers on Timer

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,480 Sq Ft Home
  • 2.7-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Combination Dining and Living Room
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Island Point Pd Ph 1 Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 069077 H00072

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ISLAND POINT PH1
  • List Price Per Sq Ft: 127
  • Number Of Stories: 2.7
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2480
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Smooth Ceiling, Carpet
  • Bedroom 3 Description: Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Floors/Ceilings: Hardwood Throughout, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Island In Kitchen, Washer/Dryer Connections
  • Other Rooms: Bonus Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Deck
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner, Iron Fenced
  • Lot Number: 72
  • Acreage: 0.15
  • Lot Size: 72.59 X 117.63 IRR

Tax Info

  • Assessor Parcel Number: 069077 H00072

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 22, 2019
Sold by
Bought by
Seller's Agent
Realis Sanders
Keller Williams
Buyer's Agent
Karen Walker
Epique Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$409,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,073
Avg. Annual Appreciation
3.87%
Original Mortgage
$299,250
Outstanding Balance
$262,624
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$146,449

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 Edco Ttl & Closing Svcs Inc
$244,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $299,250
Closed $195,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $315,000 -3.0% $131 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $324,900 0.0% $135 / Sq Ft
06/25/2019 06/25/19 For Sale $325,000 -- $135 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,931 $108,975 $22,975 $86,000
2024 $2,812 $82,950 $13,925 $69,025
2023 $5,053 $82,950 $13,925 $69,025
2022 $5,053 $82,950 $13,925 $69,025
2021 $2,862 $82,950 $13,925 $69,025
2020 $4,891 $67,500 $13,925 $53,575
2019 $2,157 $67,500 $13,925 $53,575
2018 $2,157 $67,500 $13,925 $53,575
2017 $2,208 $67,500 $13,925 $53,575
2016 $2,567 $58,750 $0 $0
2014 $2,567 $58,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Realis Sanders

    Seller's Agent in 2019

    Realis Sanders

    Keller Williams

    (901) 240-4367

    56 Total Sales

    Realis Sanders
    Section Image
  • Karen Walker

    Buyer's Agent in 2019

    Karen Walker

    Epique Realty

    (901) 512-8250

    2 in this area

    106 Total Sales

    Karen Walker
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055881

Memphis Area Association of REALTORS®

APN: 06-9077-H0-0072

Tennessee Shelby County Memphis 38103 Mud Island

1297 Island Place E, Memphis, TN

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