NOT LISTED FOR SALE

1405 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $338,000 - $410,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $223,000 $124 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,217/month

33 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Attic
  • Wood Flooring
  • Soft Contemporary Architecture
  • Loft

About This Home

As of January 2017

HARDWOOD FLOORS. DARK CABINETS IN KITCHEN. MASTER BEDROOM DOWN WITH DOUBLE VANITY SINKS AND SEPARATE TUB AND SHOWER. TWO BEDROOMS UPSTAIRS SHARE A BATH.

Last Listed By

Katherine Nichols Cook

Marx-Bensdorf, REALTORS License #282062 Listed on: 12/08/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 2005

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 115
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,650 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

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 J00072

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND POINT PH2
  • List Price Per Sq Ft: 142
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 135.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1650
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 158
  • Acreage: 0.1
  • Lot Size: 35 X 115
  • Price Per Acre: 2350000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069077 J00072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jan 19, 2017
Sold by
Shine Lauren H
Bought by
Nerren Miles A
Seller's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
Buyer's Agent
Amanda Lee
McWaters & Associates
List Price
$235,000
Sold Price
$223,000
Premium/Discount to List
-$12,000
-5.11%
Total Days on Market
33
Current Estimated Value
$359,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,375
Avg. Annual Appreciation
5.74%
Original Mortgage
$178,400
Outstanding Balance
$149,188
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$206,431

Purchase Details

Closed on
Sep 30, 2005
Sold by
Island Point Llc
Bought by
Shine Lauren Holt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

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 Buyer Sale Price Title Company
Nerren Miles A $223,000 Delta Title Services Llc
Shine Lauren Holt $190,125 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nerren Miles A $60,000
Open Nerren Miles A $178,400
Previous Owner Shine Lauren Holt $179,200
Previous Owner Shine Lauren Holt $8,000
Previous Owner Shine Lauren Holt $180,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $223,000 -5.1% $139 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $235,000 -- $147 / 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 $2,461 $72,600 $12,800 $59,800
2023 $4,423 $72,600 $12,800 $59,800
2022 $4,423 $72,600 $12,800 $59,800
2021 $4,474 $72,600 $12,800 $59,800
2020 $4,110 $56,725 $12,800 $43,925
2019 $4,110 $56,725 $12,800 $43,925
2018 $4,110 $56,725 $12,800 $43,925
2017 $2,331 $56,725 $12,800 $43,925
2016 $2,193 $50,175 $0 $0
2014 $2,193 $50,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Nichols Cook

    Seller's Agent in 2017

    Katherine Nichols Cook

    Marx-Bensdorf, REALTORS

    (901) 628-3065

    91 Total Sales

    Katherine Nichols Cook
    Section Image
  • Amanda Lee

    Buyer's Agent in 2017

    Amanda Lee

    McWaters & Associates

    (901) 378-0433

    3 in this area

    119 Total Sales

    Amanda Lee
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9991857

Memphis Area Association of REALTORS®

APN: 06-9077-J0-0072

Tennessee Shelby County Memphis 38103 Mud Island

1405 Island Place E, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 1405 Island Place E, Memphis, TN 38103 since 08 December 2016 and is currently estimated at $359,375, approximately $199 per square foot. This property was built in 2005. 1405 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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