Seller's Agent in 2023
Thomas Marchbanks
eXp Realty, LLC
(901) 335-6688
2 in this area
54 Total Sales
1401 Island Place E Memphis, TN 38103
Mud Island NeighborhoodEstimated Value: $356,660 - $389,000
3
Beds
2.5
Baths
1,806
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1 Fireplace
- Porch
- Wood Flooring
- High Ceiling
- 2 Car Attached Garage
About This Home
As of October 2023This one's a WINNER! Fantastic 1800+ sq ft, updated home in immaculate condition! This rare corner lot home was redesigned to provide 2 sets of French Doors opening to extended patio and huge, privacy fenced side yard! Sleek, modern kitchen with all S/Sl appliances. Great Looking hardwood floors, separate great room w/fireplace, keeping room opens to patio, lrg primary suite w/screened balcony. Contemporary feel with airy fresh paint and new light fixtures. ADT security system w/ cameras.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,489
Year Built
- Built in 2006
Lot Details
- 5,227
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 1,806 Sq Ft Home
- Property has 3 Levels
- High Ceiling
- 1 Fireplace
- Entrance Foyer
Kitchen
- Oven or Range
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Porch
- 5,227 Sq Ft Lot
Community Details
- Property has a Home Owners Association
- Island Point Pd Phase 2 Subdivision
Listing and Financial Details
- Tax Lot 157
- Assessor Parcel Number 069077 J00071
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Oct 16, 2023
Sold by
Salas Gustavo Adolfo and Salas Amanda
Bought by
Fu Yingxue
List Price
$412,000
Sold Price
$400,000
Premium/Discount to List
-$12,000
-2.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,667
Avg. Annual Appreciation
-3.49%
Original Mortgage
$340,000
Outstanding Balance
$331,693
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$35,222
Purchase Details
Listed on
Feb 1, 2021
Closed on
Feb 10, 2021
Sold by
Bolding Sue Ellen
Bought by
Salas Gustavo Adolfo and Rodriguez Amanda
Seller's Agent
Thomas Marchbanks
eXp Realty, LLC
Buyer's Agent
Thomas Marchbanks
eXp Realty, LLC
List Price
$334,500
Sold Price
$335,000
Premium/Discount to List
$500
0.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$335,000
Interest Rate
2.7%
Mortgage Type
VA
Purchase Details
Listed on
Mar 21, 2015
Closed on
May 28, 2015
Sold by
Sanow Taras
Bought by
Bolding Sue Ellen
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
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
5.98%
Original Mortgage
$235,554
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 15, 2011
Closed on
May 30, 2012
Sold by
Mehl David Timothy and Mehl Leigh Nicole
Bought by
Sanow Taras
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Stephanie Steele
One Source Commercial, Inc.
List Price
$232,500
Sold Price
$222,000
Premium/Discount to List
-$10,500
-4.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$210,900
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2010
Sold by
Hardy Jennifer M
Bought by
Mehl David Timothy and Mehl Leigh Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,250
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 28, 2008
Sold by
Dress Matthew A and Dress Megan
Bought by
Hardy Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2006
Sold by
Island Point Llc
Bought by
Dress Matthew A and Dress Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,838
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fu Yingxue | $400,000 | Saddle Creek Title | |
| Salas Gustavo Adolfo | $335,000 | Mid South Title Services Llc | |
| Bolding Sue Ellen | $239,900 | None Available | |
| Sanow Taras | $222,000 | Baymark Title | |
| Mehl David Timothy | $225,000 | Realty Title | |
| Hardy Jennifer | $225,000 | Security Title Company Inc | |
| Dress Matthew A | $199,838 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fu Yingxue | $340,000 | |
| Previous Owner | Salas Gustavo Adolfo | $335,000 | |
| Previous Owner | Bolding Sue Ellen | $235,554 | |
| Previous Owner | Sanow Taras | $210,900 | |
| Previous Owner | Mehl David Timothy | $22,250 | |
| Previous Owner | Hardy Jennifer | $180,000 | |
| Previous Owner | Dress Matthew A | $199,838 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2026 01/15/26 | For Sale | $412,000 | +3.0% | $228 / Sq Ft | |
| 10/16/2023 10/16/23 | Sold | $400,000 | 0.0% | $221 / Sq Ft | |
| 10/16/2023 10/16/23 | Sold | $400,000 | -2.9% | $222 / Sq Ft | View Prior Sale |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- | |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | For Sale | $412,000 | 0.0% | $229 / Sq Ft | |
| 08/01/2022 08/01/22 | Rented | $2,700 | 0.0% | -- | |
| 07/07/2022 07/07/22 | Under Contract | -- | -- | -- | |
| 06/28/2022 06/28/22 | For Rent | $2,700 | 0.0% | -- | |
| 02/25/2021 02/25/21 | For Sale | $334,500 | -0.1% | $139 / Sq Ft | |
| 02/24/2021 02/24/21 | Sold | $335,000 | +0.1% | $140 / Sq Ft | View Prior Sale |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- | |
| 02/01/2021 02/01/21 | For Sale | $334,500 | +39.4% | $139 / Sq Ft | |
| 05/28/2015 05/28/15 | Sold | $239,900 | 0.0% | $133 / Sq Ft | View Prior Sale |
| 04/26/2015 04/26/15 | Pending | -- | -- | -- | |
| 03/21/2015 03/21/15 | For Sale | $239,900 | +8.1% | $133 / Sq Ft | |
| 06/06/2012 06/06/12 | Sold | $222,000 | -4.5% | $123 / Sq Ft | View Prior Sale |
| 04/20/2012 04/20/12 | Pending | -- | -- | -- | |
| 12/15/2011 12/15/11 | For Sale | $232,500 | -- | $129 / Sq Ft |
Source: Realtracs
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 | $2,498 | $99,975 | $21,625 | $78,350 |
| 2024 | -- | $73,700 | $13,100 | $60,600 |
| 2023 | $4,490 | $73,700 | $13,100 | $60,600 |
| 2022 | $4,490 | $73,700 | $13,100 | $60,600 |
| 2021 | $2,000 | $73,700 | $13,100 | $60,600 |
| 2020 | $4,270 | $58,925 | $13,100 | $45,825 |
| 2019 | $1,883 | $58,925 | $13,100 | $45,825 |
| 2018 | $1,883 | $58,925 | $13,100 | $45,825 |
| 2017 | $1,928 | $58,925 | $13,100 | $45,825 |
| 2016 | $2,348 | $53,725 | $0 | $0 |
| 2014 | $2,348 | $53,725 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Marchbanks
-
N
Buyer's Agent in 2023
Niannian Liu
TRG Real Estate Services, LLC
-
Lyndon Baskin
Seller's Agent in 2022
Lyndon Baskin
Harris & Harris Realty Group
(901) 428-6981
40 Total Sales
-
Allison Ogilvie
Seller Co-Listing Agent in 2021
Allison Ogilvie
eXp Realty, LLC
(901) 628-4986
23 Total Sales
-
Richard Travers
Seller's Agent in 2015
Richard Travers
Crye-Leike
(901) 218-3961
114 in this area
192 Total Sales
-
Mike Parker
Seller's Agent in 2012
Mike Parker
The Firm
(901) 277-7275
12 in this area
251 Total Sales
Map
Source: Realtracs
MLS Number: 3094944
APN: 06-9077-J0-0071
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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