$499,900
$35K PRICE DROP

358 N Island Dr Unit 105 Memphis, TN 38103

Mud Island Neighborhood

Estimated payment $2,955/month

Total Views 8,976
4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$167 Price per Sq Ft

Highlights

  • Gated Parking
  • Updated Kitchen
  • 1.53 Acre Lot
  • Gated Community
  • Waterfront
  • Landscaped Professionally

About This Home

Amazing luxury riverfront condo w/easy living! Incredible river & "M" bridge (lighted!) views on 2 ample private balconies PLUS a view of pyramid from your private neighborhood pool! Three stories, w/4 bdrms, 3.5 baths, bonus, office & private courtyard. Luxury kitchen w/stainless appliances & granite bar. Half bath, dining area & living area downstairs. Second floor has Primary bdrm (with ensuite bath & river-view balcony) plus two more bdrms, bath & an office. Top floor has huge entertainment room w/wet bar & fridge +a 4th bdrm, full bath & another large balcony overlooking river. Gorgeous hardwood floors on 1st and 3rd levels. New HVAC systems (2) in '22. Enjoy island living w/stores, restaurants & services on the island. Close to downtown! Retreat to your gated, private waterfront oasis. You will want to stay!

Listing Agent

Gay Young

eXp Realty, LLC License #309180 Listed on: 04/03/2025

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Dog Run
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,879 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
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Termite Clearance

Parking

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

Outdoor Features

  • Courtyard
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001001 T00026

Community Details

Overview

  • Property has a Home Owners Association
  • $555 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Mid-Rise Condominium
  • Rivertown On Island Community
  • Rivertown On The Island Condos 4Th Amend Subdivision
  • Property managed by Wright Property Mgmt
  • Planned Unit Development

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,781

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Condo: Yes
  • Number Of Stories: 3
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2879
  • Termite Contract: Yes
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • 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, 2 or More Baths, Office, Laundry Room, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen, 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)
  • 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, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Covered Patio, Nbrhd Recreation Facility, Courtyard, Well Landscaped Grounds, Pet Area, Sidewalks, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Water Front, Water View
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Rivertown on Island
  • Management Company: Wright Property Mgmt
  • Neighborhood Amenities: Gated Neighborhood, Pool

Fee Information

  • Monthly Maintenance Fee: 555

Lot Info

  • Lot Description: Level, Water Frontage, Water View, Professionally Landscaped, Brick/Iron Fenced
  • Lot Number: UNIT 105
  • Acreage: 1.53
  • Lot Size: 465 X 203.47 IRR
  • Price Per Acre: 326732
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 001001 T00026

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,781 $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 $3,848 $111,525 $14,200 $97,325
2020 $6,733 $92,925 $14,200 $78,725
2019 $2,970 $92,925 $14,200 $78,725
2018 $2,970 $92,925 $14,200 $78,725
2017 $3,040 $92,925 $14,200 $78,725
2016 $3,132 $71,675 $0 $0
2014 $3,132 $71,675 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $499,900 0.0% $179 / Sq Ft
08/23/2025 08/23/25 Price Changed $499,900 -4.8% $179 / Sq Ft
08/22/2025 08/22/25 Off Market $525,000 -- --
05/08/2025 05/08/25 Price Changed $525,000 -1.9% $188 / Sq Ft
04/03/2025 04/03/25 For Sale $535,000 +27.4% $191 / Sq Ft
10/29/2019 10/29/19 Sold $420,000 -6.7% $131 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $450,000 -5.3% $141 / Sq Ft
07/03/2019 07/03/19 For Sale $475,000 +42.0% $148 / Sq Ft
04/11/2014 04/11/14 Sold $334,500 -18.2% $108 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $409,000 -- $132 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 Stewart Title Co Tn Div
Warranty Deed $334,500 Home Surety Title And Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $470,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Closed $335,800 New Conventional
Closed $336,000 New Conventional
Previous Owner $203,500 FHA
Previous Owner $358,000 Purchase Money Mortgage
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10193639

Memphis Area Association of REALTORS®

APN: 00-1001-T0-0026