$245,000
SOLD FEB 16, 2016
3 Beds
3.5 Baths
1,800-1,999 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Wood Flooring
  • 1 Fireplace
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of October 2021

This home is located at 1392 Island Place E, Memphis, TN 38103 and is currently priced at $245,000, approximately $136 per square foot. This property was built in 2006. 1392 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

Kim Brown

Grant & Co., REALTORS License #303523 Listed on: 01/04/2016

Last Buyer's Agent

Kim Brown

Grant & Co., REALTORS License #303523 Listed on: 01/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 2006

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Sprinklers on Timer

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 2,050 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Riverpoint Pd Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 069077 I00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,820

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERPOINT
  • List Price Per Sq Ft: 120
  • Number Of Stories: 2
  • Price Per Sq Ft: 119.51
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2050
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Primary Up, Two Primaries
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.1

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler
  • Exterior Windows: Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner
  • Lot Number: 16
  • Acreage: 0.13
  • Lot Size: 49.68 X 115.15 IRR
  • Price Per Acre: 1884615

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069077 I00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 10, 2021
Sold by
Rosser Anthony D
Bought by
Sarraf Nakul
Seller's Agent
Sam White
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mary Grodsky
Crye-Leike, Inc., REALTORS
List Price
$365,000
Sold Price
$375,000
Premium/Discount to List
$10,000
2.74%
Total Days on Market
0
Current Estimated Value
$407,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,458
Avg. Annual Appreciation
2.33%
Original Mortgage
$300,000
Outstanding Balance
$236,669
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$170,789

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 15, 2019
Sold by
Cooper Maureen M
Bought by
Rosser Anthony D
Seller's Agent
Morgan Ray
Ware Jones, REALTORS
Buyer's Agent
Janey Outlan
Coldwell Banker Collins-Maury
List Price
$349,900
Sold Price
$295,000
Premium/Discount to List
-$54,900
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$236,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 16, 2016
Sold by
Grant Kim A
Bought by
Cooper Maureen M
Seller's Agent
Kim Brown
Grant & Co., REALTORS
Buyer's Agent
Kim Brown
Grant & Co., REALTORS
List Price
$245,000
Sold Price
$245,000

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
$196,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2006
Sold by
Riverpoint Development Co Llc
Bought by
Grant Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,908
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Edco Title & Closing Service
Warranty Deed $295,000 Memphis Title Co
Warranty Deed $245,000 Chicago Title
Corporate Deed $259,855 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $239,900 New Conventional
Previous Owner $239,900 New Conventional
Previous Owner $236,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $203,300 Unknown
Previous Owner $207,908 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $375,000 +2.7% $188 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $365,000 +23.7% $183 / Sq Ft
11/15/2019 11/15/19 Sold $295,000 -9.2% $148 / Sq Ft
10/25/2019 10/25/19 Price Changed $325,000 -1.5% $163 / Sq Ft
09/24/2019 09/24/19 Price Changed $330,000 -5.7% $165 / Sq Ft
09/11/2019 09/11/19 For Sale $349,900 +42.8% $175 / Sq Ft
02/16/2016 02/16/16 Sold $245,000 0.0% $136 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $245,000 -- $136 / 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
2024 $2,820 $83,175 $13,350 $69,825
2023 $5,067 $83,175 $13,350 $69,825
2022 $5,067 $83,175 $13,350 $69,825
2021 $2,257 $83,175 $13,350 $69,825
2020 $4,641 $64,050 $13,350 $50,700
2019 $2,047 $64,050 $13,350 $50,700
2018 $2,047 $64,050 $13,350 $50,700
2017 $2,095 $64,050 $13,350 $50,700
2016 $2,524 $57,750 $0 $0
2014 $2,524 $57,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9967963

Memphis Area Association of REALTORS®

APN: 06-9077-I0-0016