1401 Island Place E Memphis, TN 38103
Mud Island Neighborhood
3
Beds
2.5
Baths
1,800-1,999
Sq Ft
5,227
Sq Ft Lot
Highlights
- Updated Kitchen
- Traditional Architecture
- Attic
- Landscaped Professionally
- Wood Flooring
- Corner Lot
About This Home
As of October 2023Fantastic home in immaculate condition. Home has a large fenced side yard!!! Large & open floor plan. Home features great Kitchen w/Island, all stainless steel appliances. Great Looking hardwood floors, separate great room w/fireplace. Keeping room w/French doors flowing out to the patio, large master suite w/balcony. This one's a WINNER!
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #234229 Listed on: 03/21/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,498
Year Built
- Built in 2006
Lot Details
- 5,227 Sq Ft Lot
- Wrought Iron Fence
- Landscaped Professionally
- Corner Lot
- Level Lot
- Sprinklers on Timer
- Few Trees
HOA Fees
- $83 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,800-1,999 Sq Ft Home
- 1,718 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling height of 9 feet or more
- Ceiling Fan
- Factory Built Fireplace
- Gas Log Fireplace
- Some Wood Windows
- Double Pane Windows
- Window Treatments
- Aluminum Window Frames
- Two Story Entrance Foyer
- Living Room with Fireplace
- Dining Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Cooktop
- 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
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Washer
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Home Security
- Monitored
- Fire and Smoke Detector
- Termite Clearance
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Garage Door Opener
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 J00071
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 16, 2023
Sold by
Salas Gustavo Adolfo and Salas Amanda
Bought by
Fu Yingxue
Seller's Agent
Thomas Marchbanks
eXp Realty, LLC
Buyer's Agent
Niannian Liu
TRG Real Estate Services, LLC
List Price
$412,000
Sold Price
$400,000
Premium/Discount to List
-$12,000
-2.91%
Views
50
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
-$40,851
Avg. Annual Appreciation
-5.57%
Original Mortgage
$340,000
Outstanding Balance
$333,651
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$25,498
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
$180,000
Interest Rate
5.03%
Mortgage Type
New Conventional
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
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Saddle Creek Title | |
| Warranty Deed | $335,000 | Mid South Title Services Llc | |
| Warranty Deed | $239,900 | None Available | |
| Warranty Deed | $222,000 | Baymark Title | |
| Warranty Deed | $225,000 | Realty Title | |
| Warranty Deed | $225,000 | Security Title Company Inc | |
| Corporate Deed | $199,838 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $340,000 | New Conventional | |
| Previous Owner | $335,000 | VA | |
| Previous Owner | $235,554 | FHA | |
| Previous Owner | $210,900 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $22,250 | Credit Line Revolving | |
| Previous Owner | $180,000 | Purchase Money Mortgage | |
| Previous Owner | $199,838 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $400,000 | -2.9% | $222 / Sq Ft |
| 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 |
| 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 |
| 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 |
| 04/20/2012 04/20/12 | Pending | -- | -- | -- |
| 12/15/2011 12/15/11 | For Sale | $232,500 | -- | $129 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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
Seller's Agent in 2023
Thomas Marchbanks
eXp Realty, LLC
(901) 335-6688
3 in this area
66 Total Sales
-
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
36 Total Sales
-
Allison Ogilvie
Seller Co-Listing Agent in 2021
Allison Ogilvie
eXp Realty, LLC
(901) 628-4986
1 in this area
20 Total Sales
-
Richard Travers
Seller's Agent in 2015
Richard Travers
Crye-Leike
(901) 218-3961
115 in this area
198 Total Sales
-
Mike Parker
Seller's Agent in 2012
Mike Parker
The Firm
(901) 277-7275
12 in this area
258 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9947740
APN: 06-9077-J0-0071
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