$530,000
SOLD SEP 17, 2024

358 N Island Dr Unit 102 Memphis, TN 38103

Mud Island Neighborhood
4 Beds
3.5 Baths
2,800-2,999 Sq Ft
1.53 Acres

Recently Sold

$177 Per Sq Ft

1% Below List Price

174 Days on Market

Highlights

  • 24-Hour Security
  • Sitting Area In Primary Bedroom
  • Updated Kitchen
  • Gated Parking
  • Gated Community
  • Waterfront

About This Home

As of September 2024

Buyer's financing failed=your gain! Amazing luxury riverfront townhome w/easy living! Incredible river & "M" bridge (lighted!) views on 2 ample private balconies PLUS a view of pyramid from pool! Three stories, w/4 bdrms, 3.5 baths, bonus, office & courtyard. Luxury kitchen w/Wolf range, wine chiller & granite bar. Retreat to your gated, private river oasis. Top has pool table, wet bar & fridge +bdrm, bath & large balcony overlooks river. You will want to stay! PLUS: $450k assumable 3.875% loan!

Last Agent to Sell the Property

Gay Young

eXp Realty, LLC License #309180 Listed on: 03/14/2024

eXp Realty, LLC

Last Buyer's Agent

Ashley Tinker

Reid, REALTORS License #337403

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Dog Run
  • Brick Fence
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,981 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Water Views

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Pullman Style Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Security Gate
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001001 T00023

Community Details

Overview

  • Property has a Home Owners Association
  • Rivertown On The Island Condos 4Th Amend Subdivision
  • Planned Unit Development

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Condo: Yes
  • Number Of Stories: 3
  • Price Per Sq Ft: 177.79
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2981
  • Termite Contract: Yes
  • Year Built: 2007
  • List Price/ Sq Ft: 173
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Office, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Pullman Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Fire Sprinklers, Cat/Dog Free House, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Bonus Room, Office/Sewing Room, Loft/Balcony
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio, Nbrhd Recreation Facility, Courtyard, Balcony, Brick or Stone Fence, Pet Area, Sidewalks, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gated Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate, Full Time Guard Service
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Water View
  • Condominium Association: Yes
  • Neighborhood Amenities: Gated Neighborhood, Pool

Lot Info

  • Lot Description: Level, Water Frontage, Water View, Professionally Landscaped, Brick/Iron Fenced
  • Lot Number: UNIT 102
  • Acreage: 1.53
  • Lot Size: 465 X 203.47 IRR
  • Price Per Acre: 336601
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 001001 T00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Sep 17, 2024
Sold by
Buxton Timothy G and Page Lynn D
Bought by
Sekander Renee Parker and Sekander Hennah Parker
Seller's Agent
Gay Young
eXp Realty, LLC
Buyer's Agent
Ashley Tinker
Reid, REALTORS
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Views
633
Current Estimated Value
$506,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,825
Avg. Annual Appreciation
-1.39%
Original Mortgage
$514,100
Outstanding Balance
$509,310
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$13,708

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 26, 2019
Sold by
Paige Fabian Matthew Joseph and Paige Fabian Lori
Bought by
Buxton Timothy G and Page Lynn D
Seller's Agent
Debbie Holden
Agner & Associates, LLC
Buyer's Agent
Charlotte Lyles
Hobson, REALTORS
List Price
$510,000
Sold Price
$499,900
Premium/Discount to List
-$10,100
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$500,300
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 11, 2016
Sold by
Schroeppel Thomas J
Bought by
Fabian Matthew Joseph and Fabian Lori Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2011
Sold by
Rivertown Llc
Bought by
Schroeppel Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,610
Interest Rate
4.16%
Mortgage Type
FHA
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 $520,000 None Listed On Document
Warranty Deed $499,900 Guardian Title Llc
Warranty Deed $495,000 None Available
Warranty Deed $290,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $514,100 New Conventional
Previous Owner $500,300 VA
Previous Owner $495,000 Adjustable Rate Mortgage/ARM
Previous Owner $263,610 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $530,000 +2.9% $189 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $515,000 -1.9% $184 / Sq Ft
04/19/2024 04/19/24 Price Changed $525,000 -1.9% $188 / Sq Ft
03/14/2024 03/14/24 For Sale $535,000 +7.0% $191 / Sq Ft
03/27/2019 03/27/19 Sold $499,900 -2.0% $156 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $510,000 -- $159 / 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 -- $143,100 $14,200 $128,900
2024 $3,858 $113,800 $14,200 $99,600
2023 $6,932 $113,800 $14,200 $99,600
2022 $3,858 $113,800 $14,200 $99,600
2021 $7,014 $113,800 $14,200 $99,600
2020 $6,793 $93,750 $14,200 $79,550
2019 $2,996 $93,750 $14,200 $79,550
2018 $2,996 $93,750 $14,200 $79,550
2017 $3,067 $93,750 $14,200 $79,550
2016 $3,132 $71,675 $0 $0
2014 $3,132 $71,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167933

Memphis Area Association of REALTORS®

APN: 00-1001-T0-0023