$310,000
SOLD OCT 7, 2024 RENTED FEB 1, 2025

1409 Island Place E Memphis, TN 38103

Mud Island Neighborhood
3 Beds
2.5 Baths
1,800-1,999 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

22% Below List Price

154 Days on Market

Highlights

  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Wood Flooring
  • Living Room with Fireplace
  • Traditional Architecture
  • Corner Lot

About This Home

As of October 2024

Charming 3bdrm/2ba located at Island Point in Harbor Town. Open floor plan with private courtyard off the kitchen perfect for entertaining.

Last Agent to Sell the Property

Tim Burns

KAIZEN Realty, LLC License #286511 Listed on: 04/05/2024

KAIZEN Realty, LLC

Last Buyer's Agent

Richard Travers

Crye-Leike, Inc., REALTORS License #234229

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41.42 x 115.01
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,818 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 069077 J00073

Community Details

Overview

  • Island Point Pd Phase 2 Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND POINT PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 170.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1818
  • Year Built: 2006
  • List Price/ Sq Ft: 184
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, 2 Full Primary Baths, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Fireplace: Vented Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Corner, Wood Fenced
  • Lot Number: 159
  • Acreage: 0.11
  • Lot Size: 41.42 X 115.01
  • Price Per Acre: 3045455
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 069077 J00073

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%
Total Days on Market
154
Views
99
Current Estimated Value
$313,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,364
Avg. Annual Appreciation
1.32%
Original Mortgage
$150,000
Outstanding Balance
$149,007
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$164,357

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
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $310,000 None Listed On Document
Warranty Deed $240,000 None Available
Warranty Deed $115,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $230,000 None Available
Corporate Deed $206,175 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $156,000 New Conventional
Previous Owner $172,500 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $185,550 Fannie Mae Freddie Mac
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
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 -- $89,125 $19,525 $69,600
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

  • K

    Buyer's Agent in 2025

    Kim Love

    Crye-Leike

  • T

    Seller's Agent in 2024

    Tim Burns

    KAIZEN Realty, LLC

  • R

    Buyer's Agent in 2024

    Richard Travers

    Crye-Leike

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169493

Memphis Area Association of REALTORS®

APN: 06-9077-J0-0073

Tennessee Shelby County Memphis 38103 Mud Island

1409 Island Place E, Memphis, TN

This home is located at 1409 Island Place E, Memphis, TN 38103 and is currently priced at $310,000, approximately $155 per square foot. This property was built in 2006. 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.

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