NOT LISTED FOR SALE

1327 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $342,000 - $369,000

3 Beds
3 Baths
1,931 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $267,000 $138 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,152/month

About This Home

As of September 2019

Gorgeous 3 bd 2.5 bath Master bed down. Granite counters stainless appliances. Huge great room with hardwood floors. Pets are allowed. Available immediately with approved application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 11, 2019
Sold by
Patel Vasudev A and Patel Usha V
Bought by
Majeed Imran and Imran Sabrina
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$279,900
Sold Price
$267,000
Premium/Discount to List
-$12,900
-4.61%
Current Estimated Value
$349,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,530
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 12, 2016
Sold by
Tracy Ryan
Bought by
Patel Vasudev A and Patel Usha
Seller's Agent
Sally Isom
Coldwell Banker Collins-Maury
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$184,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2005
Sold by
Island Point Llc
Bought by
Tracy Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Majeed Imran $267,000 None Available
Patel Vasudev A $230,000 None Available
Tracy Ryan $171,800 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Vasudev A $184,000
Previous Owner Tracy Ryan $156,100
Previous Owner Tracy Ryan M $156,750
Previous Owner Tracy Ryan $137,400
Closed Tracy Ryan $25,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2023 11/04/23 Rented $2,195 0.0% --
10/23/2023 10/23/23 Under Contract -- -- --
10/01/2023 10/01/23 For Rent $2,195 0.0% --
09/11/2019 09/11/19 Sold $267,000 -4.6% $191 / Sq Ft
07/16/2019 07/16/19 For Sale $279,900 +21.7% $200 / Sq Ft
09/09/2016 09/09/16 Sold $230,000 0.0% $164 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $230,000 -- $164 / Sq Ft

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 $2,370 $85,200 $16,900 $68,300
2024 $2,370 $69,900 $12,275 $57,625
2023 $4,258 $69,900 $12,275 $57,625
2022 $4,258 $69,900 $12,275 $57,625
2021 $4,308 $69,900 $12,275 $57,625
2020 $4,054 $55,950 $12,275 $43,675
2019 $1,788 $55,950 $12,275 $43,675
2018 $1,788 $55,950 $12,275 $43,675
2017 $1,830 $55,950 $12,275 $43,675
2016 $2,172 $49,700 $0 $0
2014 $2,172 $49,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janie Courser

    Crye-Leike

    (901) 758-5678

    Janie Courser
    Section Image

  • K

    Buyer's Agent in 2023

    Kim Love

    Crye-Leike

    (901) 758-5678

    Kim Love
    Section Image
  • Richard Travers

    Seller's Agent in 2019

    Richard Travers

    Crye-Leike

    (901) 218-3961

    117 in this area

    205 Total Sales

    Richard Travers
    Section Image
  • Sally Isom

    Seller's Agent in 2016

    Sally Isom

    Coldwell Banker Collins-Maury

    (901) 219-8882

    3 in this area

    124 Total Sales

    Sally Isom
    Section Image
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Map

Tennessee Shelby County Memphis 38103 Mud Island

1327 Island Place E, Memphis, TN

This home is located at 1327 Island Place E, Memphis, TN 38103 and is currently estimated at $349,530, approximately $181 per square foot. 1327 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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