$175,000
SOLD MAY 2, 2012

1420 Island Place E Memphis, TN 38103

Mud Island Neighborhood
3 Beds
2.5 Baths
1,800-1,999 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Landscaped Professionally
  • Wood Flooring
  • Some Wood Windows

About This Home

As of October 2014

Approved Short Sale:

Last Agent to Sell the Property

Joshua Hisaw

Keller Williams License #277548 Listed on: 02/20/2012

Keller Williams

Co-Listed By

Michael Mosteller

REMAX Experts License #318569

Last Buyer's Agent

Chris Garland

Crye-Leike, Inc., REALTORS License #232993

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 2007

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 115.15
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 2,000 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Some Wood Windows
  • Dining Room
  • Updated Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Riverpoint Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069077 I00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERPOINT
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 87.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 2007
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: On-Site Storage
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 10
  • Acreage: 0.08
  • Lot Size: 31 X 115.15

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 I00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Oct 17, 2014
Sold by
Stumpf Robert E and Stumpf Susan P
Bought by
Chai Serigo and Tang Yun
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lewis Marshall
BHHS McLemore & Co., Realty
List Price
$217,050
Sold Price
$212,000
Premium/Discount to List
-$5,050
-2.33%
Total Days on Market
52
Current Estimated Value
$373,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,541
Avg. Annual Appreciation
5.36%
Original Mortgage
$159,000
Outstanding Balance
$119,581
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$249,675

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 25, 2012
Sold by
Akkireddi Padmalatha
Bought by
Stumpf Robert E and Stumpf Susan P
Seller's Agent
Joshua Hisaw
Keller Williams
Buyer's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$168,743
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 2008
Sold by
Riverpoint Development Co Llc
Bought by
Akkireddi Padmalatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,285
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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 $212,000 Edco Title & Closing Svcs In
Warranty Deed $175,000 Home Surety Title & Escrow L
Corporate Deed $228,285 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,000 Adjustable Rate Mortgage/ARM
Previous Owner $168,743 VA
Previous Owner $228,285 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $212,000 -2.3% $118 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $217,050 +24.0% $121 / Sq Ft
05/02/2012 05/02/12 Sold $175,000 -5.4% $97 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $185,000 -- $103 / 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 $2,331 $68,750 $12,275 $56,475
2023 $4,188 $68,750 $12,275 $56,475
2022 $4,188 $68,750 $12,275 $56,475
2021 $4,237 $68,750 $12,275 $56,475
2020 $3,699 $51,050 $12,275 $38,775
2019 $3,699 $51,050 $12,275 $38,775
2018 $3,699 $51,050 $12,275 $38,775
2017 $2,098 $51,050 $12,275 $38,775
2016 $2,113 $48,350 $0 $0
2014 $2,113 $48,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Garland

    Seller's Agent in 2014

    Chris Garland

    Crye-Leike

    (901) 338-3226

    8 in this area

    130 Total Sales

    Chris Garland
    Section Image
  • Lewis Marshall

    Buyer's Agent in 2014

    Lewis Marshall

    BHHS McLemore & Co., Realty

    (901) 605-7371

    2 in this area

    67 Total Sales

    Lewis Marshall
    Section Image
  • Joshua Hisaw

    Seller's Agent in 2012

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    4 in this area

    289 Total Sales

    Joshua Hisaw
    Section Image
  • Michael Mosteller

    Seller Co-Listing Agent in 2012

    Michael Mosteller

    RE/MAX

    (901) 870-3692

    1 in this area

    76 Total Sales

    Michael Mosteller
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3241175

Memphis Area Association of REALTORS®

APN: 06-9077-I0-0010

Tennessee Shelby County Memphis 38103 Mud Island

1420 Island Place E, Memphis, TN

This home is located at 1420 Island Place E, Memphis, TN 38103 and is currently priced at $175,000, approximately $87 per square foot. This property was built in 2007. 1420 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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