8575 the Island Memphis, TN 38125
Southern Shelby County NeighborhoodEstimated Value: $1,522,000 - $1,721,000
3
Beds
5
Baths
7,988
Sq Ft
$205/Sq Ft
Est. Value
About This Home
This home is located at 8575 the Island, Memphis, TN 38125 and is currently estimated at $1,638,462, approximately $205 per square foot. 8575 the Island is a home located in Shelby County with nearby schools including Germantown Elementary School, Germantown Middle School, and Germantown High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2024
Sold by
Samuel B Bell Revocable Living Trust and Angella L Bell Revocable Living Trust
Bought by
Smith Andrew Dennis and Smith Andrew Dennis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Outstanding Balance
$1,316,644
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$321,818
Purchase Details
Closed on
Nov 20, 2019
Sold by
Bell Sammy and Bell Angie
Bought by
Bell Samuel B and Samuel B Bell Revocable Living Trust
Purchase Details
Closed on
Aug 15, 2003
Sold by
Bryce William and Bryce Patricia S
Bought by
Bell Sammy and Bell Angie
Purchase Details
Closed on
Sep 10, 1997
Sold by
Warren Harry
Bought by
Bryce William and Bryce Patricia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Andrew Dennis | $1,675,000 | Realty Title & Escrow | |
| Bell Samuel B | -- | None Available | |
| Bell Sammy | $1,450,000 | -- | |
| Bryce William | $309,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Andrew Dennis | $1,340,000 | |
| Previous Owner | Bryce William | $216,000 |
Source: Public Records
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 | $8,883 | $418,225 | $60,000 | $358,225 |
| 2024 | $8,883 | $262,025 | $47,850 | $214,175 |
| 2022 | $8,883 | $262,025 | $47,850 | $214,175 |
| 2021 | $10,612 | $262,025 | $47,850 | $214,175 |
Source: Public Records
Map
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