NOT LISTED FOR SALE

Estimated Value: $302,000 - $356,000

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $188,000 $134 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,972/month

38 Days on Market

Highlights

  • Spa
  • Landscaped Professionally
  • Soft Contemporary Architecture
  • Updated Kitchen
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of May 2012

Great Location on the Island-Just steps to River Park & Water-All open-Light & Airy-Hardwood-Granite-Windows Galore-Lux Master w/balcony-Wonderful Lg courtyard w/hot tub-Total charm-Great little secluded community!

Last Agent to Sell the Property

Donna Strazi

KAIZEN Realty, LLC License #268072 Listed on: 02/16/2012

KAIZEN Realty, LLC

Last Buyer's Agent

Lynda Baddour

Ware Jones, REALTORS License #300143

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1994

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,372 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Spa
  • Courtyard
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Island Crest Pd Phase 1 Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 069077 A00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,103

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: ISLAND PLACE
  • MLS Map #: 741A
  • MAAR Subdivision Name: ISLAND CREST PH1
  • Number Of Stories: 2
  • Price Per Sq Ft: 137.03
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1372
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Fireplace: Prefabricated, In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Microwave, Cable Wired, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Carpet
  • P R I M A R Y B E D R O O M: Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Covered Patio, Hot Tub, Courtyard
  • Exterior Windows: Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced
  • Lot Number: 28
  • Acreage: 0.07
  • Lot Size: 30 X 102.29 IRR

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069077 A00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 31, 2012
Sold by
Leisy Heather Bassett and Blumer Adam River
Bought by
Shelton Lori Beth
Seller's Agent
Donna Strazi
KAIZEN Realty, LLC
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$199,000
Sold Price
$188,000
Premium/Discount to List
-$11,000
-5.53%
Current Estimated Value
$329,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,939
Avg. Annual Appreciation
4.86%
Original Mortgage
$159,800
Outstanding Balance
$112,464
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$239,752

Purchase Details

Closed on
May 4, 2011
Sold by
Stutler Edward Lawrence
Bought by
Leisy Heather Bassett and Blumer Adam Rivers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1994
Bought by
Stutler Edward L
Source: Public Records

Range of Values:

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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
Shelton Lori Beth $188,000 None Available
Leisy Heather Bassett $184,000 Title & Escrow Services Inc
Stutler Edward L $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Lori Beth $159,800
Previous Owner Leisy Heather Bassett $147,200
Previous Owner Stutler Edward L $69,000
Previous Owner Stutler Edward Lawrence $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $188,000 -5.5% $157 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $199,000 -- $166 / 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 $2,103 $77,700 $13,525 $64,175
2024 $2,103 $62,025 $11,375 $50,650
2023 $3,778 $62,025 $11,375 $50,650
2022 $3,778 $62,025 $11,375 $50,650
2021 $3,823 $62,025 $11,375 $50,650
2020 $3,733 $51,525 $11,375 $40,150
2019 $3,733 $51,525 $11,375 $40,150
2018 $3,733 $51,525 $11,375 $40,150
2017 $2,118 $51,525 $11,375 $40,150
2016 $2,143 $49,050 $0 $0
2014 $2,143 $49,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3240932

Memphis Area Association of REALTORS®

APN: 06-9077-A0-0028