NOT LISTED FOR SALE

358 N Island Dr Unit 104 Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $497,000 - $583,027

4 Beds
3.5 Baths
3,000-3,199 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $450,000 $141 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,328/month

72 Days on Market

Highlights

  • Pool House
  • Updated Kitchen
  • 1.53 Acre Lot
  • Sitting Area In Primary Bedroom
  • Waterfront
  • Landscaped Professionally

About This Home

As of January 2017

Imagine living in 3 levels of unobstructed views of the river & bridge in this high end island town home! Some amenities include: 4br/3.5 ba, huge chef kitchen with all appliances included, 1st & 3rd floor wet bars, luxury master suite with 3 closets & balcony overlooking river, gigantic attached garage, gleaming hardwood floors, designer colors, designer lighting, private interior courtyard, media room, office, pool overlooking the pyramid, walk able to shops/restaurants. A real dream home!!

Last Agent to Sell the Property

Tim Tanner

Crye-Leike, Inc., REALTORS License #272221 Listed on: 10/25/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Annette Sharp

901 Real Estate Services License #18936

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,101 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Library
  • Bonus Room
  • Sun or Florida Room
  • Water Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Monitored
  • Termite Clearance

Parking

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

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001001 T00025

Community Details

Overview

  • Property has a Home Owners Association
  • $491 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • Rivertown On The Island Condos 4Th Amend Subdivision

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,781

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional, Soft Contemporary
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Condo: Yes
  • List Price Per Sq Ft: 156
  • Number Of Stories: 3
  • Price Per Sq Ft: 145.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3101
  • Termite Contract: Yes
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining 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, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Shared Bath, Smooth Ceiling
  • Bedrooms: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Great Room, LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Fire Sprinklers, Security System
  • Other Rooms: Laundry Room, Library/Study, Sun Room, Bonus Room
  • 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, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Pool House
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Pool Description: In Ground
  • 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, Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Monitored Alarm System
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Water Front, Water View
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 491

Lot Info

  • Lot Description: Some Trees, Water Frontage, Water View, Professionally Landscaped
  • Lot Number: UNIT 104
  • Acreage: 1.53
  • Lot Size: 465 X 203.47 IRR
  • Price Per Acre: 316667

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 001001 T00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 18, 2017
Sold by
Grehan Arthur L and Grehan Anna W
Bought by
Deshmukh Riteish V and Deshmukh Genalia
Seller's Agent
Tim Tanner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Annette Sharp
901 Real Estate Services
List Price
$484,900
Sold Price
$450,000
Premium/Discount to List
-$34,900
-7.2%
Current Estimated Value
$544,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,438
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Oct 31, 2011
Sold by
Rivertown Llc
Bought by
Grehan Arthur L and Grehan Anna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,760
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Deshmukh Riteish V $450,000 None Available
Grehan Arthur L $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grehan Arthur L $273,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $450,000 -7.2% $150 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $484,900 -- $162 / 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 $3,781 $143,100 $14,200 $128,900
2024 -- $111,525 $14,200 $97,325
2023 $6,794 $111,525 $14,200 $97,325
2022 $6,794 $111,525 $14,200 $97,325
2021 $6,873 $111,525 $14,200 $97,325
2020 $6,733 $92,925 $14,200 $78,725
2019 $6,733 $92,925 $14,200 $78,725
2018 $6,733 $92,925 $14,200 $78,725
2017 $3,819 $92,925 $14,200 $78,725
2016 $3,132 $71,675 $0 $0
2014 $3,132 $71,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Tanner

    Seller's Agent in 2017

    Tim Tanner

    Crye-Leike

    (901) 340-7556

    2 in this area

    102 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    Annette Sharp

    901 Real Estate Services

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9989318

Memphis Area Association of REALTORS®

APN: 00-1001-T0-0025

Tennessee Shelby County Memphis 38103 Mud Island

358 N Island Dr Unit 104, Memphis, TN

This home is located at 358 N Island Dr Unit 104, Memphis, TN 38103 since 25 October 2016 and is currently estimated at $550,757, approximately $172 per square foot. This property was built in 2007. 358 N Island Dr Unit 104 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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