NOT LISTED FOR SALE

162 River Lights Ln Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $401,256 - $542,000

3 Beds
3 Baths
1,800-1,999 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2020

Last sale price $400,000 $200 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,865 / mo

25 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • 2 Car Attached Garage

About This Home

As of July 2020

Fantastic Harbor Town Home. Beautiful floors, upgraded & updated Kitchen and Baths with quartz/marble counter tops. 1 bedroom downstairs. Built in bookshelves in living room. Cozy fireplace. This home features covered porch. Patio and a nice fenced in side yard!!! You will love it.

Last Agent to Sell the Property

Richard Travers

Crye-Leike, Inc., REALTORS License #234229 Listed on: 05/06/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Alex Turner

Hobson, REALTORS License #315256

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $144 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,986 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Harbor Town Pd Ph 20 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001001 N00037

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

3,049 Sq Ft Lot

HOA Fees

$144 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HARBOR TOWN PH20
  • List Price Per Sq Ft: 206
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1986
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • 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, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • 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
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 1732
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 426
  • Acreage: 0.07
  • Lot Size: 3183 SF 33 X 95

Tax Info

  • Assessor Parcel Number: 001001 N00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jul 13, 2020
Sold by
Marchesan Melissa A and Ozorio Jose Estevam
Bought by
Shanmuga Pavithra and Shanmuga Sundara
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Alex Turner
Hobson, REALTORS
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$459,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,814
Avg. Annual Appreciation
2.42%
Original Mortgage
$320,000
Outstanding Balance
$284,281
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$175,533

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 4, 2015
Sold by
Sanders Wynn
Bought by
Marchesan Melissa A and Ozorio Jose Estevam Vieira
Seller's Agent
Karen Soro
Adaro Realty, Inc.
Buyer's Agent
Anita Lauer
Sowell, Realtors
List Price
$339,900
Sold Price
$310,000
Premium/Discount to List
-$29,900
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$210,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Greene David M and Greene Mary E
Bought by
Sanders Wynn

Purchase Details

Closed on
Sep 30, 2002
Sold by
Faxongillis Homes Inc
Bought by
Greene David M and Greene Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,450
Interest Rate
5%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Island Properties Associates
Bought by
Faxongillis Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
6.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shanmuga Pavithra $400,000 None Available
Marchesan Melissa A $310,000 Attorney
Sanders Wynn $281,000 --
Greene David M $239,400 --
Faxongillis Homes Inc $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanmuga Pavithra $320,000
Previous Owner Marchesan Melissa A $210,000
Previous Owner Greene David M $215,450
Previous Owner Faxongillis Homes Inc $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Sold $400,000 -2.4% $222 / Sq Ft
05/06/2020 05/06/20 For Sale $410,000 +32.3% $228 / Sq Ft
09/04/2015 09/04/15 Sold $310,000 -8.8% $172 / Sq Ft View Prior Sale
08/27/2015 08/27/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $339,900 -- $189 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,396 $109,775 $22,075 $87,700
2024 $3,396 $100,175 $15,525 $84,650
2023 $6,102 $100,175 $15,525 $84,650
2022 $6,102 $100,175 $15,525 $84,650
2021 $6,174 $100,175 $15,525 $84,650
2020 $5,672 $78,275 $15,525 $62,750
2019 $2,502 $78,275 $15,525 $62,750
2018 $2,502 $78,275 $15,525 $62,750
2017 $2,561 $78,275 $15,525 $62,750
2016 $2,904 $66,450 $0 $0
2014 $2,904 $66,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Travers

    Seller's Agent in 2020

    Richard Travers

    Crye-Leike

    (901) 218-3961

    115 in this area

    193 Total Sales

    Richard Travers
    Section Image
  • Alex Turner

    Buyer's Agent in 2020

    Alex Turner

    Hobson, REALTORS

    (901) 628-4114

    9 in this area

    104 Total Sales

    Alex Turner
    Section Image

  • K

    Seller's Agent in 2015

    Karen Soro

    Adaro Realty, Inc.

    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Annette Sharp

    901 Real Estate Services

    Section Image

  • A

    Buyer's Agent in 2015

    Anita Lauer

    Sowell, Realtors

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076003

Memphis Area Association of REALTORS®

APN: 00-1001-N0-0037

Tennessee Shelby County Memphis 38103 Mud Island

162 River Lights Ln, Memphis, TN

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