NOT LISTED FOR SALE

157 Marrakesh Cir Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $286,000 - $301,000

2 Beds
2 Baths
1,149 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $170,000 $148 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,784/month

133 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Window or Skylight in Bathroom
  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of August 2014

Downtown living, the convenience to restaurants and the River, 2 bedroom 2 bath home on a beautiful street, open floor plan, smooth ceilings, patio, garage, landscaped,fireplace, garage, just minutes from the River Park.

Last Agent to Sell the Property

Thomas Vanderslice

Crye-Leike, Inc., REALTORS License #311312 Listed on: 04/07/2014

Last Buyer's Agent

Mary Frances Pitts

Ware Jones, REALTORS License #16607

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1995

Lot Details

  • 3,049 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,149 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Island Crest P D Phase 2 Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 069077 B00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,075

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND CREST PH2
  • Freestanding: Yes
  • List Price Per Sq Ft: 156
  • Number Of Stories: 1
  • Price Per Sq Ft: 147.95
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1149
  • Termite Contract: Yes
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Double Vanity Bath, Sky Light(s) in Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • Exterior Windows: 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: Back-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 64
  • Acreage: 0.07
  • Lot Size: 3000 SF .07 AC 30 X 100
  • Price Per Acre: 2557143

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069077 B00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Aug 26, 2014
Sold by
Robinson Wanda K
Bought by
Welch Brenda
Seller's Agent
Thomas Vanderslice
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mary Frances Pitts
Ware Jones, REALTORS
List Price
$185,500
Sold Price
$170,000
Premium/Discount to List
-$15,500
-8.36%
Current Estimated Value
$295,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,699
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Sep 15, 2011
Sold by
Hay S Hudson and Hay Sherilyn
Bought by
Robinson Wanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Macdonald Kelley A Grant
Bought by
Hay S Hudson and Hay Sherilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,012
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2001
Sold by
Schmelzeis Dorothy J and Schmelzeis Joseph P
Bought by
Grant Kelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,981
Interest Rate
6.89%
Mortgage Type
FHA
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
Welch Brenda $170,000 Multiple
Robinson Wanda K $150,000 Realty Title
Hay S Hudson $151,000 --
Grant Kelley A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Brenda $50,000
Previous Owner Robinson Wanda K $107,500
Previous Owner Hay S Hudson $120,012
Previous Owner Grant Kelley A $128,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $170,000 -8.4% $148 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $185,500 -- $161 / 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 $2,075 $69,650 $13,500 $56,150
2024 $2,075 $61,200 $11,350 $49,850
2023 $3,728 $61,200 $11,350 $49,850
2022 $3,728 $61,200 $11,350 $49,850
2021 $3,772 $61,200 $11,350 $49,850
2020 $3,333 $46,000 $11,350 $34,650
2019 $3,333 $46,000 $11,350 $34,650
2018 $3,333 $46,000 $11,350 $34,650
2017 $1,891 $46,000 $11,350 $34,650
2016 $1,779 $40,700 $0 $0
2014 $1,779 $40,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Vanderslice

    Crye-Leike, Inc., REALTORS

  • M

    Buyer's Agent in 2014

    Mary Frances Pitts

    Ware Jones, REALTORS

    (901) 450-4011

    23 Total Sales

    Mary Frances Pitts
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3294309

Memphis Area Association of REALTORS®

APN: 06-9077-B0-0026

Tennessee Shelby County Memphis 38103 Mud Island

157 Marrakesh Cir, Memphis, TN

This home is located at 157 Marrakesh Cir, Memphis, TN 38103 since 07 April 2014 and is currently estimated at $295,699, approximately $257 per square foot. This property was built in 1995. 157 Marrakesh Cir 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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