NOT LISTED FOR SALE

380 N Island Dr Unit 314 Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $320,000 - $469,000

2 Beds
2.5 Baths
1,600-1,799 Sq Ft
1.53 Acres

Last Sold October 11, 2019

Last sale price $310,000 $172 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,307/month

50 Days on Market

Highlights

  • In Ground Pool
  • 1.53 Acre Lot
  • Traditional Architecture
  • Waterfront
  • Deck
  • Wood Flooring

About This Home

As of October 2019

Downtown living at its finest. End unit with 2 wrap around balconies with gorgeous views of the Mississippi River Bridge and dog park, plus a third grilling balcony off the back. One balcony is located off the living area and one off of the master. The other is off the kitchen and is grill approved. Two story 2 bedroom (both have private baths), 2 1/2 bathrooms, 2 car garage plus storage. New carpet, fresh paint and new roof within last two years, new water heater 2019.

Last Agent to Sell the Property

Melinda & Eddie Crosslin

Crye-Leike, Inc., REALTORS License #275675 Listed on: 07/22/2019

Crye-Leike, Inc., REALTORS

Co-Listed By

William Crosslin

Crye-Leike, Inc., REALTORS License #275676

Last Buyer's Agent

Carolina Capote

Hobson, REALTORS License #284818

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • End Unit

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,543 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Termite Clearance
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems

Listing and Financial Details

  • Assessor Parcel Number 001001 T00021

Community Details

Overview

  • Property has a Home Owners Association
  • $246 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, pest control contract
  • Mid-Rise Condominium
  • Rivertown Community
  • Rivertown On The Island Condos 4Th Amend Subdivision
  • Property managed by Wright Management

Pet Policy

  • No Pets Allowed

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,498

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 741A
  • MAAR Subdivision Name: RIVERTOWN ON THE ISLAND
  • Condo: Yes
  • List Price Per Sq Ft: 211
  • Number Of Stories: 2
  • Price Per Sq Ft: 200.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1543
  • Termite Contract: Yes
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2
  • Bedrooms: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Covered Patio, Deck, Fire Escape
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

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

Association/Amenities

  • Condo Amenities: Water Front
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Rivertown
  • Management Company: Wright Management

Fee Information

  • Monthly Maintenance Fee: 246

Lot Info

  • Lot Number: UNIT 314
  • Acreage: 1.53
  • Lot Size: 465 X 203.47 IRR
  • Price Per Acre: 212418

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 001001 T00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Oct 11, 2019
Sold by
Jetton James J
Bought by
Dsouza Sunita Lorraine
Seller's Agent
Melinda & Eddie Crosslin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Carolina Capote
Hobson, REALTORS
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$378,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,216
Avg. Annual Appreciation
3.56%
Original Mortgage
$248,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2017
Closed on
Aug 16, 2017
Sold by
Hamilton Ii James M
Bought by
Jetton James J
Seller's Agent
Nick Spradley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Melinda & Eddie Crosslin
Crye-Leike, Inc., REALTORS
List Price
$329,900
Sold Price
$290,000
Premium/Discount to List
-$39,900
-12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$232,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Dsouza Sunita Lorraine $310,000 Erickson Title & Closing Llc
Jetton James J $290,000 Erickson Title & Closing Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dsouza Sunita L $225,000
Closed Dsouza Sunita Lorraine $248,000
Previous Owner Jetton James J $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $310,000 -4.6% $194 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $325,000 +12.1% $203 / Sq Ft
08/16/2017 08/16/17 Sold $290,000 -12.1% $207 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $329,900 -- $236 / 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 $2,498 $83,450 $7,075 $76,375
2024 $2,498 $73,700 $7,075 $66,625
2023 $4,490 $73,700 $7,075 $66,625
2022 $4,490 $73,700 $7,075 $66,625
2021 $4,542 $73,700 $7,075 $66,625
2020 $4,119 $56,850 $7,075 $49,775
2019 $1,817 $56,850 $7,075 $49,775
2018 $1,817 $56,850 $7,075 $49,775
2017 $1,860 $56,850 $7,075 $49,775
2016 $2,149 $49,175 $0 $0
2014 $2,149 $49,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10057978

Memphis Area Association of REALTORS®

APN: 00-1001-T0-0021