NOT LISTED FOR SALE

379 Cobalt Bay Loop Unit 302 Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $268,000 - $361,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
1.53 Acre Lot

Sale Details

Date Sold: August 14, 2020

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

Est. 13% increase in value since last sale

Current estimated payment $1,780 / mo

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

Year Built

  • Built in 2007

Lot Details

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

Home Design

  • Contemporary Architecture
  • Brick Veneer

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 Community
  • Rivertown Community
  • Rivertown On The Island Condos 4Th Amend Subdivision

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

1.53 Acres

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
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Condo: Yes
  • List Price Per Sq Ft: 185
  • Number Of Stories: 3
  • 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
  • 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

Tax Info

  • Assessor Parcel Number: 001001 T00037

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 12, 2020
Sold by
Bought by
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
$298,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,859
Avg. Annual Appreciation
2.08%
Original Mortgage
$205,000
Outstanding Balance
$181,849
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$117,010

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 30, 2019
Sold by
Bought by
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
Bought by
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
Bought by

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
Bought by

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 Edco Ttl & Closing Svcs Inc
$259,900 Edco Title & Closing Svcs
$215,000 None Available
$187,000 Multiple
$174,950 Chicago Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $205,000
Previous Owner $207,200
Previous Owner $204,250
Previous Owner $112,000
Previous Owner $171,780
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,981 $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

    390 Total Sales

    Jason Wallace
    Section Image
  • Laura Wallace

    Seller Co-Listing Agent in 2020

    Laura Wallace

    Keller Williams Realty

    (901) 472-3006

    1 in this area

    126 Total Sales

    Laura Wallace
    Section Image
  • Jake Lawhead

    Buyer's Agent in 2020

    Jake Lawhead

    Ware Jones, REALTORS

    (901) 848-5352

    38 Total Sales

    Jake Lawhead
    Section Image
  • Richard Travers

    Seller's Agent in 2019

    Richard Travers

    Crye-Leike

    (901) 218-3961

    108 in this area

    185 Total Sales

    Richard Travers
    Section Image
  • Linda Sowell

    Seller's Agent in 2018

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    7 in this area

    187 Total Sales

    Linda Sowell
    Section Image

  • A

    Buyer's Agent in 2018

    Allison Spencer

    Burch Realty Group

    Section Image
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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

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