379 Cobalt Bay Loop Unit 302 Memphis, TN 38103
Mud Island Neighborhood
2
Beds
2
Baths
1,400-1,599
Sq Ft
1.53
Acres
Highlights
- Water Views
- 1.53 Acre Lot
- Traditional Architecture
- In Ground Pool
- Landscaped Professionally
- Wood Flooring
About This Home
As of August 2020Wonderful top floor condo in Rivertown on the Island. Spacious open floor plan. Kitchen has granite countertops and stainless appliances. Large master with private bath and walk in closet. Balcony overlooks Wolf River Harbor. Attached one car garage.
Last Buyer's Agent
Allison Spencer
Burch Realty Group License #270390
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,241
Year Built
- Built in 2007
Lot Details
- Landscaped Professionally
- Few Trees
Home Design
- Traditional Architecture
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,478 Sq Ft Home
- 3-Story Property
- Smooth Ceilings
- Ceiling Fan
- Some Wood Windows
- Separate Formal Living Room
- Dining Room
- Water Views
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Guest Parking
- Parking Lot
Outdoor Features
- In Ground Pool
- Balcony
Additional Features
- Upper Level
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 001001 T00037
Community Details
Overview
- Property has a Home Owners Association
- Rivertown On The Island Condos 4Th Amend Subdivision
Recreation
- Community Pool
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
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Edco Ttl & Closing Svcs Inc | |
| Warranty Deed | $259,900 | Edco Title & Closing Svcs | |
| Warranty Deed | $215,000 | None Available | |
| Warranty Deed | $187,000 | Multiple | |
| Warranty Deed | $174,950 | Chicago Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,000 | New Conventional | |
| Previous Owner | $207,200 | New Conventional | |
| Previous Owner | $204,250 | New Conventional | |
| Previous Owner | $112,000 | New Conventional | |
| Previous Owner | $171,780 | FHA |
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
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
-
Laura Wallace
Seller Co-Listing Agent in 2020
Laura Wallace
Keller Williams Realty
(901) 472-3006
3 in this area
169 Total Sales
-
Jake Lawhead
Buyer's Agent in 2020
Jake Lawhead
Ware Jones, REALTORS
(901) 848-5352
1 in this area
42 Total Sales
-
Richard Travers
Seller's Agent in 2019
Richard Travers
Crye-Leike
(901) 218-3961
116 in this area
202 Total Sales
-
Linda Sowell
Seller's Agent in 2018
Linda Sowell
Sowell, Realtors
(901) 277-4380
6 in this area
213 Total Sales
-
Buyer's Agent in 2018
Allison Spencer
Burch Realty Group
(662) 893-1700
65 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10019554
APN: 00-1001-T0-0037
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