NOT LISTED FOR SALE

1462 Island Town Cove Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $318,000 - $399,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $208,000 $116 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,192/month

26 Days on Market

Highlights

  • Water Views
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2012

Fantastic 3BR + Office/DR, located at end of street by green area,2BR's down! Freshly painted interior, granite & ss in kit, hrwd flrs, 3rd BR faces Wolf River. Fenced side yd for pets & 2 car extra parking for guests. Must See!

Last Agent to Sell the Property

Bill Maury

Coldwell Banker Collins-Maury License #218324 Listed on: 05/10/2012

Coldwell Banker Collins-Maury

Co-Listed By

Becky Maury

Coldwell Banker Collins-Maury License #286705

Last Buyer's Agent

Nancy Toms

John Green & Co., REALTORS License #290449

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 2009

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 31 x 100
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,714 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Cove

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Riverpoint Pd Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 069077 I00123

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,304

Year Built

Built in 2009

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: ISLAND BLUFF
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERPOINT
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 121.35
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1714
  • Termite Contract: Yes
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, Office
  • Second Story Floor Plan: 3rd Bedroom, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: All Window Treatments, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Office/Sewing Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler
  • Exterior Windows: Wood/Composition, Aluminum/Steel Siding, 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: Back-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 900
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water View, Cove, Corner, Landscaped, Wood Fenced
  • Lot Number: 110
  • Acreage: 0.07
  • Lot Size: 31 X 100

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069077 I00123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Jun 25, 2012
Sold by
Maples Keith D
Bought by
Johnson Alexis Nicole
Seller's Agent
Bill Maury
Coldwell Banker Collins-Maury
Buyer's Agent
Nancy Toms
John Green & Co., REALTORS
List Price
$209,500
Sold Price
$208,000
Premium/Discount to List
-$1,500
-0.72%
Current Estimated Value
$353,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,251
Avg. Annual Appreciation
4.28%
Original Mortgage
$204,232
Outstanding Balance
$142,155
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$219,123

Purchase Details

Closed on
Aug 16, 2011
Sold by
Elliott Evan M and Elliott Laura M
Bought by
Maples Keith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2009
Sold by
Riverpoint Development Company Llc
Bought by
Elliott Evan M and Elliott Laura M
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Alexis Nicole $208,000 Multiple
Maples Keith D $206,300 Title & Escrow Services Inc
Elliott Evan M $200,214 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alexis Nicole $204,232
Previous Owner Maples Keith D $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2012 06/25/12 Sold $208,000 -0.7% $130 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $209,500 -- $131 / 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 $2,304 $88,850 $16,575 $72,275
2024 $2,304 $67,975 $12,050 $55,925
2023 $4,141 $67,975 $12,050 $55,925
2022 $4,141 $67,975 $12,050 $55,925
2021 $4,189 $67,975 $12,050 $55,925
2020 $3,685 $50,850 $12,050 $38,800
2019 $3,685 $50,850 $12,050 $38,800
2018 $3,685 $50,850 $12,050 $38,800
2017 $2,090 $50,850 $12,050 $38,800
2016 $2,040 $46,675 $0 $0
2014 $2,040 $46,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Maury

    Seller's Agent in 2012

    Bill Maury

    Coldwell Banker Collins-Maury

    (901) 870-3771

    2 in this area

    85 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2012

    Becky Maury

    Coldwell Banker Collins-Maury

  • N

    Buyer's Agent in 2012

    Nancy Toms

    John Green & Co., REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3247298

Memphis Area Association of REALTORS®

APN: 06-9077-I0-0123

Tennessee Shelby County Memphis 38103 Mud Island

1462 Island Town Cove, Memphis, TN

This home is located at 1462 Island Town Cove, Memphis, TN 38103 since 10 May 2012 and is currently estimated at $353,251, approximately $196 per square foot. This property was built in 2009. 1462 Island Town Cove 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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