$303,000 - $356,652
RENTED FEB 1, 2025

1409 Island Place E Memphis, TN 38103

Mud Island Neighborhood
3 Beds
3 Baths
2,217 Sq Ft
$145 Price per Sq Ft

Last Sold October 07, 2024

Last sale price $310,000 $140 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,182/month

About This Home

As of October 2024

Call today today to schedule your showing M-F 8am to 5pm. All applicants must qualify per Crye-Leike Property Management. Minimum 13 month lease. We secure the tenant, the owner will manage. When visiting this lovely home you will find updated light fixtures throughout, new appliances, a formal dining room, fenced in back yard, balcony off the primary bedroom and a luxury primary bath.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Oct 4, 2024
Sold by
Knight Brothers Properties Llc
Bought by
Imra Hira and Junaid Muhammad
Seller's Agent
Tim Burns
KAIZEN Realty, LLC
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$395,500
Sold Price
$310,000
Premium/Discount to List
-$85,500
-21.62%
Views
99
Current Estimated Value
$321,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,913
Avg. Annual Appreciation
6.07%
Original Mortgage
$150,000
Outstanding Balance
$149,151
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$172,762

Purchase Details

Closed on
Feb 21, 2020
Sold by
Dodd John and Dodd Marilyn
Bought by
Knight Brothers Properties Llc

Purchase Details

Closed on
Dec 18, 2009
Sold by
Crews Terrell and Crews Regina
Bought by
Dodd John and Dodd Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Dodd Nixon and Dodd Kimberly Crews
Bought by
Crews Terrell and Crews Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2006
Sold by
Howell Jeff and Howell Priscilla B
Bought by
Crews Terrell and Crews Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2006
Sold by
Island Point Llc
Bought by
Howell Jeff and Howell Priscilla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,550
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
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
Imra Hira $310,000 None Listed On Document
Knight Brothers Properties Llc $240,000 None Available
Dodd John $115,000 None Available
Crews Terrell -- None Available
Crews Terrell $230,000 None Available
Howell Jeff $206,175 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imra Hira $150,000
Previous Owner Dodd John $156,000
Previous Owner Dodd John $172,500
Previous Owner Crews Terrell $100,000
Previous Owner Howell Jeff $185,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $2,195 0.0% --
01/22/2025 01/22/25 Under Contract -- -- --
01/09/2025 01/09/25 Price Changed $2,195 -4.4% $1 / Sq Ft
12/13/2024 12/13/24 Price Changed $2,295 -6.3% $1 / Sq Ft
12/11/2024 12/11/24 For Rent $2,450 0.0% --
10/07/2024 10/07/24 Sold $310,000 -7.5% $172 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $335,000 -9.0% $186 / Sq Ft
07/26/2024 07/26/24 Price Changed $368,000 -3.1% $204 / Sq Ft
06/07/2024 06/07/24 Price Changed $379,900 -3.9% $211 / Sq Ft
06/05/2024 06/05/24 For Sale $395,500 0.0% $220 / Sq Ft
06/05/2024 06/05/24 Price Changed $395,500 +0.1% $220 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $395,000 -4.1% $219 / Sq Ft
04/05/2024 04/05/24 For Sale $412,000 -- $229 / Sq Ft

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 -- $74,875 $12,925 $61,950
2023 $4,561 $74,875 $12,925 $61,950
2022 $4,561 $74,875 $12,925 $61,950
2021 $2,583 $74,875 $12,925 $61,950
2020 $4,331 $59,775 $12,925 $46,850
2019 $1,910 $59,775 $12,925 $46,850
2018 $1,910 $59,775 $12,925 $46,850
2017 $1,956 $59,775 $12,925 $46,850
2016 $2,379 $54,450 $0 $0
2014 $2,379 $54,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Janie Courser

    Crye-Leike

    (901) 758-5678

    Janie Courser
    Section Image

  • K

    Buyer's Agent in 2025

    Kim Love

    Crye-Leike

    (901) 758-5678

    Kim Love
    Section Image

  • T

    Seller's Agent in 2024

    Tim Burns

    KAIZEN Realty, LLC

    (901) 356-5958

    1 in this area

    12 Total Sales

    Tim Burns
    Section Image
  • Richard Travers

    Buyer's Agent in 2024

    Richard Travers

    Crye-Leike

    (901) 218-3961

    117 in this area

    206 Total Sales

    Richard Travers
    Section Image
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Map

Tennessee Shelby County Memphis 38103 Mud Island

1409 Island Place E, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 1409 Island Place E, Memphis, TN 38103 and is currently estimated at $321,913, approximately $145 per square foot. 1409 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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