NOT LISTED FOR SALE

1386 Island Shore Dr Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $393,000 - $441,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $437,500 $199 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,552/month

33 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of May 2023

Open House Sat 4/15 from 1-4 pm. One of the most desirable floorplans on Mud Island tons of light & open downstairs, two separate living areas: living room in the front & separate area off the kitchen. The spacious upstairs master suite w/ large on-suite bath, walk-in closet & private screened in balcony. Numerous upgrades have been made throughout the home including: new Trane hvac system, remodeled half bath, hardwood floors upstairs, high end brass lights, updated kitchen w/ marble counters.

Last Agent to Sell the Property

Briscoe Ellett

Weichert, REALTORS-BenchMark License #308087 Listed on: 04/12/2023

Weichert, REALTORS-BenchMark

Co-Listed By

Donna Ellett

Weichert, REALTORS-BenchMark License #366568

Last Buyer's Agent

Jing Chen Roachell

Crye-Leike, Inc., REALTORS License #318837

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 2006

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 31 x 100
  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,070 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Island Point Pd Phase 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 069077 J00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,695

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Island Bluff
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND POINT PH2
  • List Price Per Sq Ft: 210
  • Number Of Stories: 2
  • Price Per Sq Ft: 211.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2070
  • Termite Contract: Yes
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling
  • Bedrooms: 3
  • Fireplace: Prefabricated, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Monitored Alarm System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 990
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped
  • Lot Number: 118
  • Acreage: 0.07
  • Keeping Hearth Dimension: 20x11
  • Lot Size: 31 X 100
  • Price Per Acre: 6212857

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 069077 J00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 24, 2023
Sold by
Phadke Sidharth S and Phadke Gokben
Bought by
Tian Dong Zhu
Seller's Agent
Briscoe Ellett
Weichert, REALTORS-BenchMark
Buyer's Agent
Jing Chen Roachell
Crye-Leike, Inc., REALTORS
List Price
$434,900
Sold Price
$437,500
Premium/Discount to List
$2,600
0.6%
Views
6
Current Estimated Value
$411,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,548
Avg. Annual Appreciation
-0.61%
Original Mortgage
$328,125
Outstanding Balance
$320,446
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$111,130

Purchase Details

Closed on
Jul 23, 2008
Sold by
Jones Glenn A and Jones Nikki
Bought by
Phadke Sidharth S and Yamandag Gokben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2006
Sold by
Shumate Gary D and Shumate Leslie
Bought by
Jones Glenn A and Jones Nikki

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
6.39%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 2006
Sold by
Island Point Llc
Bought by
Shumate Gary D and Shumate Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,562
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tian Dong Zhu $437,500 Realty Title & Escrow
Phadke Sidharth S $240,000 Chicago Title Ins Co
Jones Glenn A $250,000 None Available
Shumate Gary D $228,897 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tian Dong Zhu $328,125
Previous Owner Phadke Sidharth S $170,000
Previous Owner Phadke Sidharth S $184,800
Previous Owner Phadke Sidharth S $13,500
Previous Owner Phadke Sidharth S $226,000
Previous Owner Jones Glenn A $200,000
Previous Owner Jones Glenn $50,000
Previous Owner Shumate Gary D $194,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $437,500 +0.6% $219 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $434,900 -- $217 / 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 $2,695 $109,975 $16,575 $93,400
2024 $2,695 $79,500 $12,050 $67,450
2023 $4,843 $79,500 $12,050 $67,450
2022 $2,695 $79,500 $12,050 $67,450
2021 $2,743 $79,500 $12,050 $67,450
2020 $4,433 $61,175 $12,050 $49,125
2019 $4,433 $61,175 $12,050 $49,125
2018 $4,433 $61,175 $12,050 $49,125
2017 $2,514 $61,175 $12,050 $49,125
2016 $2,443 $55,900 $0 $0
2014 $2,443 $55,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Briscoe Ellett

    Seller's Agent in 2023

    Briscoe Ellett

    Weichert, REALTORS-BenchMark

    (901) 282-9020

    5 in this area

    77 Total Sales

    Briscoe Ellett
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Donna Ellett

    Weichert, REALTORS-BenchMark

    1 in this area

    5 Total Sales

    Donna Ellett
    Section Image

  • J

    Buyer's Agent in 2023

    Jing Chen Roachell

    Crye-Leike, Inc., REALTORS

    (901) 674-9036

    1 in this area

    16 Total Sales

    Jing Chen Roachell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10145739

Memphis Area Association of REALTORS®

APN: 06-9077-J0-0032

Tennessee Shelby County Memphis 38103 Mud Island

1386 Island Shore Dr, Memphis, TN

This home is located at 1386 Island Shore Dr, Memphis, TN 38103 since 12 April 2023 and is currently estimated at $411,952, approximately $187 per square foot. This property was built in 2006. 1386 Island Shore Dr 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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