379 Cobalt Bay Loop Unit 104 Memphis, TN 38103
Mud Island NeighborhoodEstimated Value: $246,000 - $291,000
2
Beds
2.5
Baths
1,200-1,399
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Gated Parking
- Traditional Architecture
- Great Room
- 1.53 Acre Lot
- Wood Flooring
- Community Pool
About This Home
As of March 2024Corner unit townhouse with a spacious open living layout. Features a private bedroom/bathroom on the lower level. You can conveniently access the unit from your garage. The interior boasts beautiful hardwood floors, granite countertops, and stainless steel appliances. The expansive primary bedroom offers downtown views, an en-suite bathroom, and a generous walk-in closet. Enjoy the outdoor patio with stunning views, and the exceptional pool completes this remarkable value. A must-see property!
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #292580 Listed on: 09/13/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,115
Year Built
- Built in 2007
Lot Details
- 1.53
Home Design
- Traditional Architecture
- Slab Foundation
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,302 Sq Ft Home
- 2-Story Property
- Great Room
- Den
- Security Gate
- Washer and Dryer Hookup
Kitchen
- Oven or Range
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Primary bedroom located on second floor
- En-Suite Bathroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Parking
- 1 Car Attached Garage
- Rear-Facing Garage
- Gated Parking
Additional Features
- Balcony
- Wrought Iron Fence
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 001001 T00035
Community Details
Overview
- Property has a Home Owners Association
- $239 Maintenance Fee
- Association fees include exterior maintenance, grounds maintenance, management fees, reserve fund, trash collection
- Rivertown Community
- Rivertown On The Island Condos 4Th Amend Subdivision
- Property managed by Wright Property Mng
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Feb 26, 2024
Sold by
Knight Philip W
Bought by
Kothapally Suryaprakash Reddy and Annu Kavya
Seller's Agent
Pam Beall
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rakesh Chawla
Pinnacle Realty
List Price
$315,000
Sold Price
$269,000
Premium/Discount to List
-$46,000
-14.6%
Views
247
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,909
Avg. Annual Appreciation
2.25%
Original Mortgage
$201,750
Outstanding Balance
$199,008
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$77,901
Purchase Details
Closed on
Feb 3, 2021
Sold by
Knight Philip W and Severson Andrea
Bought by
Knight Philip W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
2.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2017
Sold by
Conti Mark
Bought by
Knight Phillip W and Severon Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 30, 2010
Sold by
Rivertown Llc
Bought by
Conti Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,050
Interest Rate
4.5%
Mortgage Type
FHA
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kothapally Suryaprakash Reddy | $269,000 | Realty Title & Escrow | |
| Knight Philip W | -- | Erickson Title & Closin Llc | |
| Knight Phillip W | $210,000 | Saddle Creek Title Llc | |
| Conti Mark | $189,950 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kothapally Suryaprakash Reddy | $201,750 | |
| Previous Owner | Knight Philip W | $201,000 | |
| Previous Owner | Knight Phillip W | $206,196 | |
| Previous Owner | Conti Mark | $20,000 | |
| Previous Owner | Conti Mark | $61,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $269,000 | -10.0% | $224 / Sq Ft |
| 12/11/2023 12/11/23 | Price Changed | $299,000 | -3.2% | $249 / Sq Ft |
| 10/09/2023 10/09/23 | Price Changed | $309,000 | -1.9% | $258 / Sq Ft |
| 09/13/2023 09/13/23 | For Sale | $315,000 | -- | $263 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,407 | $47,025 | $6,175 | $40,850 |
| 2018 | $3,407 | $47,025 | $6,175 | $40,850 |
| 2017 | $1,933 | $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
-
Pam Beall
Seller's Agent in 2024
Pam Beall
Crye-Leike
(901) 647-2101
7 in this area
144 Total Sales
-
Brad Beall
Seller Co-Listing Agent in 2024
Brad Beall
Crye-Leike
(901) 305-2635
1 in this area
57 Total Sales
-
Rakesh Chawla
Buyer's Agent in 2024
Rakesh Chawla
Pinnacle Realty
(901) 573-6204
1 in this area
16 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10156539
APN: 00-1001-T0-0035
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