NOT LISTED FOR SALE

8575 The Island Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $1,567,000 - $1,708,000

4 Beds
6 Baths
8,000-8,999 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $1,675,000 $186 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,620/month

181 Days on Market

Highlights

  • On Golf Course
  • Home Theater
  • Sitting Area In Primary Bedroom
  • 24-Hour Security
  • Two Primary Bedrooms
  • Two Primary Bathrooms

About This Home

As of March 2024

Nestled on The Island at Southwind, directly in front of the 18th green of TPC Southwind's Golf Course, this home has retained its' intended, timeless elegance. Domed & coffered 12' tall ceilings edged w/finely detailed moulding soar over sets of tall French doors that open to a private terrace overlooking the golf course grounds. Double primary bedrooms & baths down! Kitchen equipped w/double ovens, microwaves & dishwashers! Meticulously maintained inside & out. Truly a Mid-south masterpiece!

Last Agent to Sell the Property

Melinda Merkle

Crye-Leike, Inc., REALTORS License #268938 Listed on: 08/04/2023

Crye-Leike, Inc., REALTORS

Co-Listed By

Brenda Merkle

Crye-Leike, Inc., REALTORS License #15667

Last Buyer's Agent

Barbie Dan

Ware Jones, REALTORS License #248919

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,883

Year Built

  • Built in 1999

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 99x228
  • On Golf Course
  • Wrought Iron Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • English Architecture
  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 8,000-8,999 Sq Ft Home
  • 7,988 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Play Room
  • Storage Room
  • Keeping Room
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Possible Extra Bedroom
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Jack-and-Jill Bathroom
  • Powder Room
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Security Gate
  • Iron Doors

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number D0242V E00034

Community Details

Overview

  • Southwind Pd Phase 28 Parcel II Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,883

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: English, French
  • Detached Unit Type: General Residential
  • Cross Street: The Club at Southwind
  • MLS Map #: 788A
  • MAAR Subdivision Name: SOUTHWIND PH28
  • Number Of Stories: 2
  • Price Per Sq Ft: 209.69
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 7988
  • Year Built: 1999
  • List Price/ Sq Ft: 232
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room, Office
  • Second Story Floor Plan: 4th or More Bedrooms, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Two Primaries, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, 2 Full Primary Baths, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 8000 - 8999
  • Bedroom 2 Description: Built-In Cabinets/Bkcases, Hardwood Floor, Level 1, Private Full Bath, Smooth Ceiling, Tile Floor, Walk-In Closet
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 1, Smooth Ceiling
  • Bedroom 4 Description: Carpet, Shared Bath, Level 2, Private Full Bath, Smooth Ceiling, Walk-In Closet
  • Bedroom 5 Description: Carpet, Shared Bath, Level 2
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Vented Gas Fireplace, In Living Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Slate, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Excl Some Window Treatmnt, Wet Bar, Walk-In Closet(s), Attic Access, Walk-In Attic, Powder/Dressing Room, Security System, Elevator, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, Bonus Room, Office/Sewing Room, Internal Expansion Area, Entry Hall, Media Room, Attic, Storage Room
  • Total Bathrooms: 4.2
  • Primary Bathroom Description: Double Sinks, Dressing Area, Separate His/ Her Baths, Smooth Ceiling, Separate Shower, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Smooth Ceiling, Sitting Area, Walk-In Closet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Gas Grill, Porch, Covered Patio, Guarded Gate, Well Landscaped Grounds, Iron Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Casement Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 4
  • Parking Display: 4A
  • Parking Storage: More than 3 Coverd Spaces, Garage Door Opener(s)

Utilities

  • Cooling: 220 Wiring, 3 or More Systems, Central
  • Heating: Central, Gas, 3 or More Systems
  • Security: Full Time Guard Service, Iron Door(s), Nbrhd Guard Service, Security Gate
  • Water Sewer: 2+ Water Heaters, Public Sewer, Public Water

Association/Amenities

  • Annual Association Fee: 3000
  • Neighborhood Amenities: Gated Neighborhood, Golf Course
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Golf Course Frontage, Professionally Landscaped, Iron Fenced
  • Lot Number: 5
  • Acreage: 0.49
  • Keeping Hearth Dimension: 20x17
  • Lot Size: 99X228
  • Price Per Acre: 3775510

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: D0242V E00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
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
Seller's Agent
Melinda Merkle
Crye-Leike, Inc., REALTORS
Buyer's Agent
Barbie Dan
Ware Jones, REALTORS
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Views
347
Current Estimated Value
$1,645,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,467
Avg. Annual Appreciation
-1.13%
Original Mortgage
$1,340,000
Outstanding Balance
$1,316,644
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$328,889

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
Source: Public Records

Range of Values:

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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
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

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $1,675,000 -9.5% $209 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
08/04/2023 08/04/23 For Sale $1,850,000 -- $231 / 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 $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

Agents Affiliated with this Home

  • Melinda Merkle

    Seller's Agent in 2024

    Melinda Merkle

    Crye-Leike

    (901) 335-3435

    38 in this area

    55 Total Sales

    Melinda Merkle
    Section Image
  • Brenda Merkle

    Seller Co-Listing Agent in 2024

    Brenda Merkle

    Crye-Leike

    (901) 748-1889

    14 in this area

    18 Total Sales

    Brenda Merkle
    Section Image
  • Barbie Dan

    Buyer's Agent in 2024

    Barbie Dan

    Ware Jones, REALTORS

    (901) 335-7745

    4 in this area

    232 Total Sales

    Barbie Dan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153691

Memphis Area Association of REALTORS®

APN: D0-242V-E0-0034

Tennessee Shelby County Memphis 38125 Southern Shelby County

8575 The Island, Memphis, TN

This home is located at 8575 The Island, Memphis, TN 38125 since 04 August 2023 and is currently estimated at $1,645,533, approximately $182 per square foot. This property was built in 1999. 8575 The Island is a home located in Shelby County with nearby schools including Germantown Elementary School, Germantown Middle School, and Germantown High School.

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