NOT LISTED FOR SALE

1408 Island Place E Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $387,000 - $422,000

3 Beds
2.5 Baths
2,400-2,599 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $320,000 $123 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,464/month

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Fireplace in Hearth Room
  • Traditional Architecture
  • Attic

About This Home

As of September 2019

Fabulous 3 story home in move in condition. Kitchen opens to dining area and gathering room. Granite counters and stainless steel appliances. Laminate floors down and new carpet up. Luxury master suite up has a large balcony. Two further bedrooms on the 2nd floor. Spacious playroom/study/exercise room on the third floor. Fence courtyard/patio. Tons of storage. Extra large attached double garage. Available now. Ring doorbells stay.

Last Agent to Sell the Property

Annie Taylor

Crye-Leike, Inc., REALTORS License #246169 Listed on: 07/26/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Amanda Lee

McWaters & Associates License #327224

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 115.15
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,415 Sq Ft Home
  • 2.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room
  • Keeping Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • 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
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

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

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Two cooling system units
  • Central Air
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Riverpoint Pd Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 069077 I00013

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$75 per month

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: 139
  • Number Of Stories: 2.5
  • Price Per Sq Ft: 132.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2415
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Dining Room, Kitchen, 1/2 Bath, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Fireplace: In Keeping/Hearth room, Gas Starter
  • Floors/Ceilings: Wood Laminate Floors, 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, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Balcony, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 900
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 13
  • Acreage: 0.08
  • Lot Size: 31 X 115.15
  • Price Per Acre: 4186250

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 069077 I00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 27, 2019
Sold by
Mullins John Everett and Mullins Janice N
Bought by
Nerren Miles A
Seller's Agent
Annie Taylor
Crye-Leike, Inc., REALTORS
Buyer's Agent
Amanda Lee
McWaters & Associates
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Current Estimated Value
$406,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,071
Avg. Annual Appreciation
4.01%
Original Mortgage
$256,000
Outstanding Balance
$224,726
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$181,345

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 24, 2015
Sold by
Bailey Mark W
Bought by
Mullins John Everett and Mullins Janice N
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Annie Taylor
Crye-Leike, Inc., REALTORS
List Price
$262,500
Sold Price
$264,000
Premium/Discount to List
$1,500
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$270,336
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Sep 25, 2013
Sold by
Weintraub Elizabeth A
Bought by
Bailey Mark Earren

Purchase Details

Closed on
Dec 1, 2010
Sold by
Chandler Lazek Shannon M
Bought by
Bailey Mark W and Weintraub Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,286
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Lazek Cameron
Bought by
Lazek Shannon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,745
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Riverpoint Development Co Llc
Bought by
Lazek Cameron and Chandler Shannon
Source: Public Records

Range of Values:

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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
Nerren Miles A $320,000 Delta Title Services Llc
Mullins John Everett $264,000 None Available
Bailey Mark Earren -- None Available
Bailey Mark W $227,500 None Available
Lazek Shannon C -- None Available
Lazek Cameron $273,430 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nerren Miles A $256,000
Previous Owner Mullins John Everett $270,336
Previous Owner Bailey Mark W $218,286
Previous Owner Lazek Shannon C $182,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $320,000 -4.4% $133 / Sq Ft
08/10/2019 08/10/19 Price Changed $334,900 -1.5% $140 / Sq Ft
07/26/2019 07/26/19 For Sale $339,900 +28.8% $142 / Sq Ft
06/24/2015 06/24/15 Sold $264,000 +0.6% $110 / Sq Ft View Prior Sale
06/22/2015 06/22/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $262,500 -- $109 / 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 -- $106,150 $16,900 $89,250
2024 $2,813 $82,975 $12,275 $70,700
2023 $5,055 $82,975 $12,275 $70,700
2022 $5,055 $82,975 $12,275 $70,700
2021 $2,863 $82,975 $12,275 $70,700
2020 $4,810 $66,375 $12,275 $54,100
2019 $2,121 $66,375 $12,275 $54,100
2018 $2,121 $66,375 $12,275 $54,100
2017 $2,171 $66,375 $12,275 $54,100
2016 $2,527 $57,825 $0 $0
2014 $2,527 $57,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Annie Taylor

    Seller's Agent in 2019

    Annie Taylor

    Crye-Leike

    (901) 517-0101

    86 Total Sales

    Annie Taylor
    Section Image
  • Amanda Lee

    Buyer's Agent in 2019

    Amanda Lee

    McWaters & Associates

    (901) 378-0433

    4 in this area

    125 Total Sales

    Amanda Lee
    Section Image
  • Richard Travers

    Seller's Agent in 2015

    Richard Travers

    Crye-Leike

    (901) 218-3961

    115 in this area

    198 Total Sales

    Richard Travers
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058290

Memphis Area Association of REALTORS®

APN: 06-9077-I0-0013

Tennessee Shelby County Memphis 38103 Mud Island

1408 Island Place E, Memphis, TN

This home is located at 1408 Island Place E, Memphis, TN 38103 since 26 July 2019 and is currently estimated at $406,071, approximately $156 per square foot. This property was built in 2007. 1408 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.

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