RENTED SEP 20, 2025

379 Cobalt Bay Loop Unit 102 Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $290,631

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
1.53 Acres

Last Sold April 15, 2024

Last sale price $280,000 $200 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,704/month

Highlights

  • Access To Lake
  • Two Primary Bedrooms
  • Updated Kitchen
  • Gated Parking
  • Lake View
  • 1.53 Acre Lot

About This Home

As of September 2025

Welcome to Island living, a few minutes from med district and Downtown. 2 Bedroom/ 2.1 Bath 2-stry condo w/ open floor plan, beautiful hardwood floors, updated kitchen (granite & new ss appl) and attached back-load garage. New HVAC. new light fixtures. Neighbrhd pool nearby overlooking the harbor. Very walkable to dog park across the street, Harbor Town, the Mississippi River Greenbelt Park & other amenities. Excellent location for viewing river sunsets & ending the day! (no furniture remains). $40/application fee. Discounts available for long term leases - talk to list agent.

Last Agent to Rent the Property

Maria Vescovo

McWaters & Associates License #348083 Listed on: 06/13/2025

Last Renter's Agent

Maria Vescovo

McWaters & Associates License #348083 Listed on: 06/13/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 1.53

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,348 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Great Room
  • Living Room
  • Den
  • Loft
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Access To Lake
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number 001001 T00038

Community Details

Overview

  • Mid-Rise Condominium
  • Rivertown On The Island Condos 4Th Amend Subdivision
  • Mandatory Home Owners Association

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, 1st FL Multi-Story Condo, Mid Rise
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Number Of Stories: 3
  • Estimated Sq Ft: 1348
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • First Story Floor Plan: Primary Bedroom, 1 Bath
  • Second Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Two Primaries, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Microwave, Washer, Dryer
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Other Rooms: Laundry Closet, Loft/Balcony

Exterior Features

  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond View, Lake/Pond Access
  • Lot Number: UNIT 303
  • Acreage: 1.53
  • Lot Size: 465 X 203.47 IRR
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 001001 T00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Jan 3, 2020
Sold by
Dejoseph Ron John
Bought by
Mason Gary W
Seller's Agent
Bill Maury
Coldwell Banker Collins-Maury
Buyer's Agent
Mike Parker
The Firm
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$290,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,631
Avg. Annual Appreciation
2.57%
Original Mortgage
$250,000
Outstanding Balance
$220,885
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$69,746

Purchase Details

Closed on
Aug 5, 2015
Sold by
Adams Henry
Bought by
Dejoseph Ronald John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Rivertown Llc
Bought by
Adams Seth Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,508
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mason Gary W $250,000 None Available
Dejoseph Ronald John $107,000 None Available
Adams Seth Henry $189,950 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Gary W $250,000
Previous Owner Dejoseph Ronald John $177,650
Previous Owner Adams Seth Henry $186,508
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2025 09/20/25 Rented $2,000 0.0% --
08/13/2025 08/13/25 Price Changed $2,000 -9.1% $2 / Sq Ft
06/13/2025 06/13/25 For Rent $2,200 0.0% --
04/15/2024 04/15/24 Sold $280,000 -6.6% $208 / Sq Ft View Prior Sale
04/15/2024 04/15/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $299,900 +20.0% $222 / Sq Ft
01/03/2020 01/03/20 Sold $250,000 -1.9% $208 / Sq Ft View Prior Sale
12/04/2019 12/04/19 Price Changed $254,950 -1.6% $212 / Sq Ft
10/29/2019 10/29/19 Price Changed $259,000 -2.3% $216 / Sq Ft
10/02/2019 10/02/19 For Sale $265,000 -- $221 / 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 $2,115 $70,925 $6,175 $64,750
2024 $2,115 $62,400 $6,175 $56,225
2023 $3,801 $62,400 $6,175 $56,225
2022 $3,801 $62,400 $6,175 $56,225
2021 $3,846 $62,400 $6,175 $56,225
2020 $3,407 $47,025 $6,175 $40,850
2019 $1,503 $47,025 $6,175 $40,850
2018 $1,503 $47,025 $6,175 $40,850
2017 $1,538 $47,025 $6,175 $40,850
2016 $1,770 $40,500 $0 $0
2014 $1,770 $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10198976

Memphis Area Association of REALTORS®

APN: 00-1001-T0-0033