NOT LISTED FOR SALE

700 Harbor Bend Rd Unit 205 Memphis, TN 38103

Mud Island Neighborhood

Estimated Value: $216,000 - $272,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
392 Sq Ft Lot

Last Sold January 19, 2022

Last sale price $277,500 $231 Per Sq Ft

Current estimated payment $1,660/month

10 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Guest Suites
  • Great Room

About This Home

As of January 2022

A rare find in Harbor Town! This gorgeous 1 bedroom, 1 bath luxury condo with bonus room is located directly across from Miss Cordelia's and minutes from Beale Street, or a short drive to the airport. High ceilings, granite countertops, secured building entrance, designated parking spaces, not to mention the balcony with fantastic sunset views and night views of the river bridge make this unit truly a rare find!

Last Agent to Sell the Property

Jack Sain

Bolivar Ins & R/E Agency Inc. License #218136 Listed on: 12/09/2021

Last Buyer's Agent

Wendy Rhodes

Ware Jones, REALTORS License #354455

Ware Jones, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 2003

Lot Details

  • 392

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,112 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Great Room
  • Combination Kitchen and Dining Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Parking

  • 1 Covered Space
  • Gated Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • $360 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, parking
  • Mid-Rise Condominium
  • Harbor Town Subdivision

Amenities

  • Guest Suites
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,643

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • MLS Map #: 7410
  • MAAR Subdivision Name: Harbor Town
  • Condo: Yes
  • List Price Per Sq Ft: 261
  • Number Of Stories: 1
  • Price Per Sq Ft: 249.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1112
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Washer
  • Living Dining Kitchen: Great Room, Island In Kitchen, Kit/DR Combo
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Tile Floor, Hardwood Floor

Exterior Features

  • Misc Exterior: Balcony
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Guest Rm Available, On-Site Storage
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Parking
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 360

Multi Family

  • Number Of Rooms: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 18, 2022
Sold by
Thomas Breeden Jr James and Thomas Geri C
Bought by
Iwaoka Mark and Iwaoka Ginger
Seller's Agent
Jack Sain
Bolivar Ins & R/E Agency Inc.
Buyer's Agent
Wendy Rhodes
Ware Jones, REALTORS
List Price
$289,900
Sold Price
$277,500
Premium/Discount to List
-$12,400
-4.28%
Current Estimated Value
$278,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730
Avg. Annual Appreciation
0.12%
Original Mortgage
$127,500
Outstanding Balance
$103,326
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$175,347

Purchase Details

Closed on
Mar 20, 2018
Sold by
Bodine Laura and Harris Neal
Bought by
Breeden James Thomas and Breeden Geri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,305
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bodine Laura and Harris Laura
Bought by
Bodine Laura and Harris Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,314
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Thomas Adam C and Thomas Amy T
Bought by
Harris Laura and Harris Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Island Properties Associates
Bought by
Thomas Adam C and Thomas Amy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,850
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Iwaoka Mark $277,500 Executive Title & Closing
Breeden James Thomas $195,000 None Available
Bodine Laura -- Chicago Title Insurance Co
Harris Laura $194,900 None Available
Thomas Adam C $160,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwaoka Mark $127,500
Previous Owner Breeden James Thomas $175,305
Previous Owner Bodine Laura $134,314
Previous Owner Harris Laura $144,000
Previous Owner Thomas Adam C $164,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $277,500 -4.3% $278 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $289,900 -- $290 / 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 $1,643 $62,625 $1,400 $61,225
2024 $1,643 $48,475 $1,400 $47,075
2023 $2,953 $48,475 $1,400 $47,075
2022 $2,953 $48,475 $1,400 $47,075
2021 $1,672 $48,475 $1,400 $47,075
2020 $3,206 $44,250 $1,400 $42,850
2019 $1,414 $44,250 $1,400 $42,850
2018 $1,414 $44,250 $1,400 $42,850
2017 $1,448 $44,250 $1,400 $42,850
2016 $1,803 $41,250 $0 $0
2014 $1,803 $41,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114134

Memphis Area Association of REALTORS®

APN: 00-1001-R0-0010