NOT LISTED FOR SALE

379 Cobalt Bay Loop Unit 302 Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $259,000 - $370,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1.53 Acres

Last Sold August 14, 2020

Last sale price $265,000 $166 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,944/month

81 Days on Market

Highlights

  • Water Views
  • Pool House
  • 1.53 Acre Lot
  • Water Access
  • Updated Kitchen
  • Landscaped Professionally

About This Home

As of August 2020

Affordable Luxury Top Floor 2b/r, 2ba Island Condo in Rivertown! Modern & Linear Kitchen you'll LOVE!! Features River Views, Gleaming Hardwood Floors, Gorgeous Granite Counter tops, S/S Appliances (Stay) Large Master B/R w/ Private Bath, Dbl Vanities, Walk in Closet, Adjustable Qn Bed (for sale). Balcony overlooks Wolf River Harbor. Amenities include Pool w/ Distinguished Mississippi River Views, Nightly Bridge Myriad Light Show, 1 Car Garage & Mud Island Dog Park across the Street.

Last Agent to Sell the Property

Jason Wallace

Keller Williams Realty License #322972 Listed on: 05/21/2020

Keller Williams Realty

Co-Listed By

Laura Wallace

Keller Williams Realty License #295729

Last Buyer's Agent

Jake Lawhead

Ware Jones, REALTORS License #296043

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 2007

Lot Details

  • Dog Run
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft
  • Water Views
  • Laundry closet

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

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

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Water Access
  • Balcony
  • Courtyard

Location

  • Upper Level

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001001 T00037

Community Details

Overview

  • Property has a Home Owners Association
  • $234 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund
  • Mid-Rise Condominium
  • Rivertown Community
  • Rivertown On The Island Condos 4Th Amend Subdivision

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,241

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), Upstairs - Flat
  • Detached Unit Type: General Residential
  • Cross Street: Island Drive
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Condo: Yes
  • List Price Per Sq Ft: 185
  • Number Of Stories: 3
  • Price Per Sq Ft: 182.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Split Bedroom Plan, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool House, Courtyard, Balcony, Well Landscaped Grounds, Pet Area, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse w/Baths, Courtyard, Water View
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund
  • Condominium Association: Yes
  • Condominium Name: Rivertown
  • Neighborhood Amenities: Pool, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 234

Lot Info

  • Lot Description: Some Trees, Level, Water View, Water Access, Professionally Landscaped
  • Lot Number: UNIT 302
  • Acreage: 1.53
  • Lot Size: 465 X 203.47 IRR
  • Price Per Acre: 175817

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 001001 T00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 12, 2020
Sold by
Loos Matthew L and Loos Rebecca
Bought by
Mccaffery Robert J
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Jake Lawhead
Ware Jones, REALTORS
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Current Estimated Value
$316,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,550
Avg. Annual Appreciation
3.72%
Original Mortgage
$205,000
Outstanding Balance
$183,478
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$133,072

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 30, 2019
Sold by
Gephart Rebecca
Bought by
Loos Matthew L and Loos Rebecca
Seller's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Laura Wallace
Keller Williams Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$207,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 2, 2018
Sold by
Glidewell David L
Bought by
Gephart Rebecca
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Allison Spencer
Burch Realty Group
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%
Original Mortgage
$204,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2011
Sold by
Barry Jordan W
Bought by
Glidewell David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Rivertown Llc
Bought by
Barry Jordan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,780
Interest Rate
4.8%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Memphis, TN

  • 379 Cobalt Bay Loop Unit 304, Memphis, TN 38103

    $244,000

    • 1 Bed
    • 1.5 Baths
    • 1,400+ Sq Ft
    • 379 Cobalt Bay Loop
    • Unit 304
    • Memphis, TN

    RARE AND DESIRABLE CORNER UNIT with expansive windows, sunlight and breathtaking views! 2 balconies with views of the Mississippi River, Marina and Pool. IT'D BE SO NICE TO COME TO!

    Lisa Miles Hawkins KAIZEN Realty, LLC

    Section Image
  • 380 N Island Dr Unit 105, Memphis, TN 38103

    $349,000

    • 2 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 380 N Island Dr
    • Unit 105
    • Memphis, TN

    Experience modern riverfront living in this immaculate 2 bedroom, 2 bath condo at Rivertown on the Island! Featuring 2 private balconies with breathtaking views of the Mississippi River, Memphis Bridge & iconic Bass Pro Pyramid, this updated unit offers a luxurious primary suite with whirlpool tub, dual vanity & separate shower. Enhanced with hardwood floors, granite counters, stainless steel

    Melissa Blume Thompson eXp Realty

    Section Image
  • 426 N Front St Unit 301A, Memphis, TN 38103

    $277,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft
    • 426 N Front St
    • Unit 301A
    • Memphis, TN

    UPDATE: (Seller will pay 3.5% for buyer closing) Large 3BR/2.5BA, with Hardwood Floors, Granite Countertops, Stainless Appliances With Gas Cooking and Double Ovens. Huge Master Bedroom and a Balcony. Fitness Center and Private Garage Parking.

    Malcolm Settles BEST Real Estate Company

    Section Image
  • 123 S Court Ave Unit 401, Memphis, TN 38103

    $289,000

    • 2 Beds
    • 2 Baths
    • 2,400+ Sq Ft
    • 123 S Court Ave
    • Unit 401
    • Memphis, TN

    Fabulous and total restoration of historic building with only 5 condos. Private elevator opens into each condo with only one unit per floor for complete privacy and security. Open floor plan with 12 ft ceilings, walls of windows! Panoramic and breathtaking views of Court Square Park, and magnificent turn-of-the-century buildings. Over 2400 square feet, features two large bedrooms with walk-in

    Chelsey Lovell eXp Realty, LLC

    Section Image
  • 66 Monroe Ave Unit 1004, Memphis, TN 38103

    $379,900

    • 2 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 66 Monroe Ave
    • Unit 1004
    • Memphis, TN

    Live, work, and play in the heart of downtown Memphis! This chic 10th-floor, two-story condo in the iconic Shrine Building offers the perfect blend of historic charm and modern comfort. Featuring 2 spacious bedrooms and 2 full baths, this light-filled residence boasts hardwood floors, soaring ceilings, and oversized windows with unmatched views of the Mississippi River. The sleek, open-concept

    Nadia Fares BHHS McLemore & Co. Realty

    Section Image
  • 66 Monroe Ave Unit 902, Memphis, TN 38103

    $259,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 66 Monroe Ave
    • Unit 902
    • Memphis, TN

    Experience the pinnacle of urban living with this stunning downtown condo offering breathtaking panoramic views of the mighty Mississippi River. Located in the heart of the city in the historic Shrine Building, this corner unit is close to everything: restaurants, bars, UM Law School, Redbirds Stadium, The Orpheum and more. With 2 bedrooms and 1.5 baths, both bedrooms and living room have

    Jenny Vergos Marx-Bensdorf, REALTORS

    Section Image
  • 127 Madison Ave Unit 602, Memphis, TN 38103

    $285,000

    • 2 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 127 Madison Ave
    • Unit 602
    • Memphis, TN

    This beautifully maintained 2-bedroom, 2-bath condo offers the perfect blend of classic charm and modern elegance. Located in the heart of downtown Memphis, this unit features high ceilings, hardwood floors, and large windows that fill the space with natural light. The open-concept layout is perfect for entertaining, and the kitchen is equipped with stainless steel appliances, granite

    Mary Wardlaw Keller Williams

    Section Image
  • 127 Madison Ave Unit 701, Memphis, TN 38103

    $295,000

    • 2 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 127 Madison Ave
    • Unit 701
    • Memphis, TN

    Come see this alluring 2BR/2BA Goodwyn condo, with a large balcony with views of the common area courtyard & the cityscape Downtown. Gas cooking, granite counters and stainless steel appliances, & refrigerator stays. Walking distance to restaurants and bars downtown, & the Orpheum & FedEx Forum. Plunge pool on rooftop deck with outdoor kitchen, all with 360 degree views of downtown, the deSoto

    Mike Parker The Firm

    Section Image
  • 95 S Main St Unit 204, Memphis, TN 38103

    $249,000

    • 1 Bed
    • 1 Bath
    • 1,000+ Sq Ft
    • 95 S Main St
    • Unit 204
    • Memphis, TN

    FREE YEAR OF ASSOCIATION DUES AND PARKING WITH ACCEPTABLE OFFER! Completely renovated 1BR condo right in the heart of Downtown - Union & Main! Brand new hardwoods, brand new paint, completely remodeled bathroom with double shower and double vanity, and enhanced kitchen with brand new refrigerator and microwave/vent. In unit laundry closet. Large inset, covered balcony overlooking pedestrian-only

    Jake Lawhead Ware Jones, REALTORS

    Section Image
See All Homes in Memphis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccaffery Robert J $265,000 Edco Ttl & Closing Svcs Inc
Loos Matthew L $259,900 Edco Title & Closing Svcs
Gephart Rebecca $215,000 None Available
Glidewell David L $187,000 Multiple
Barry Jordan W $174,950 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaffery Robert J $205,000
Previous Owner Loos Matthew L $207,200
Previous Owner Gephart Rebecca $204,250
Previous Owner Glidewell David L $112,000
Previous Owner Barry Jordan W $171,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $265,000 -1.5% $189 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $269,000 -2.2% $192 / Sq Ft
06/05/2020 06/05/20 Price Changed $275,000 -1.8% $196 / Sq Ft
05/21/2020 05/21/20 For Sale $280,000 +7.7% $200 / Sq Ft
04/30/2019 04/30/19 Sold $259,900 0.0% $186 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $259,900 +20.9% $186 / Sq Ft
04/03/2018 04/03/18 Sold $215,000 -6.5% $154 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $229,900 -- $164 / 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 $2,241 $73,625 $6,775 $66,850
2024 $2,241 $66,100 $6,775 $59,325
2023 $4,027 $66,100 $6,775 $59,325
2022 $4,027 $66,100 $6,775 $59,325
2021 $4,074 $66,100 $6,775 $59,325
2020 $3,514 $48,500 $6,775 $41,725
2019 $1,550 $48,500 $6,775 $41,725
2018 $1,550 $48,500 $6,775 $41,725
2017 $1,587 $48,500 $6,775 $41,725
2016 $1,841 $42,125 $0 $0
2014 $1,841 $42,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Wallace

    Seller's Agent in 2020

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    1 in this area

    375 Total Sales

    Jason Wallace
    Section Image
  • Laura Wallace

    Seller Co-Listing Agent in 2020

    Laura Wallace

    Keller Williams Realty

    (901) 472-3006

    3 in this area

    169 Total Sales

    Laura Wallace
    Section Image
  • Jake Lawhead

    Buyer's Agent in 2020

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    1 in this area

    42 Total Sales

    Jake Lawhead
    Section Image
  • Richard Travers

    Seller's Agent in 2019

    Richard Travers

    Crye-Leike

    (901) 218-3961

    116 in this area

    202 Total Sales

    Richard Travers
    Section Image
  • Linda Sowell

    Seller's Agent in 2018

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    6 in this area

    213 Total Sales

    Linda Sowell
    Section Image
  • Allison Spencer

    Buyer's Agent in 2018

    Allison Spencer

    Burch Realty Group

    (662) 893-1700

    65 Total Sales

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076990

Memphis Area Association of REALTORS®

APN: 00-1001-T0-0037

Tennessee Shelby County Memphis 38103 Mud Island

379 Cobalt Bay Loop Unit 302, Memphis, TN

This home is located at 379 Cobalt Bay Loop Unit 302, Memphis, TN 38103 since 21 May 2020 and is currently estimated at $316,550, approximately $197 per square foot. This property was built in 2007. 379 Cobalt Bay Loop Unit 302 is a home located in Shelby County with nearby schools including Downtown Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes