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1087 Island Mist Circle

1087 Island Mist Circle, Memphis, TN 38103
Property in Harbortown
Sold Apr 17, 2019
$249,900
$237,405 by Iberiabank
Mortgage Due May 01, 2049
Sold Feb 07, 2013
$174,000
$170,848 by Patriot Bank
Mortgage Due Feb 01, 2043
1087 Island Mist Circle has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1087 Island Mist Circle has 1,406 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 3,409 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Apr 5, 2019 for $249,900. That's $136.86 per sqft. Prior to that sales transaction, the property was also sold in Feb 1, 2013 for $174,000. 1087 Island Mist Circle was last assessed in 2022. The total value of the property was assessed at $62,325. Specifically, the land the property is located on was valued at $11,525. While improvements on the property were assessed at a total of $50,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,797. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,409
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,826
  • Gross Building Area: 1,826
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLAND CREST PD PH 3 (HARBOR VIEW)
  • Land Acres: 0.078
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS ISLAND MIST CIRCLE SEE MAP 74 INSERT 1

Ownership

  • Current Owner : JONES MEAGAN OLIVIA
  • Previous Owner : YONGE KATHERINE C
  • Owner Before Previous Owner: FULTON STEPHEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000100

Zoning

  • Zoning: EMP

Geography

  • Assessors Map Reference: MB 167-55
  • District: O
  • Parcel: 06-9077-C0-0003
  • Lot: 92
  • Municipality: MEMPHIS
  • Latitude: 35.1711
  • Longitude: -90.0511

    Address

  • Full Address: 1087 Island Mist Cir
  • Address - House Number: 1087
  • Address - Street Name: Island Mist
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 8876
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,797

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 359,863
  • High Value: 446,898
  • Low Value: 272,827

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $302,405
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2019
  • First Open Lien Mortgage Loan Amount: $237,405
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049
  • Second Open Lien Mortgage Lender: PARTNERS BANK
  • Second Open Lien Mortgage Recording Date: Feb 23, 2024
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 15, 2029

    Market Valuation

  • Market Total Value: $249,300
  • Market Land Value: $46,100
  • Market Improvement Value: $203,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,325
  • Assessed Land Value: $11,525
  • Assessed Improvements Value: $50,800

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Transaction ID: 11598500768
  • Current Sale Price: $249,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19037759
  • Previous Sale Recording Date: Feb 07, 2013
  • Previous Sale Contract Date: Feb 01, 2013
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Apr 17, 2019
  • First Mortgage Loan Amount: $237,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: Feb 07, 2013
  • Previous Mortgage Loan Amount: $170,848
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2043

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Frequently Asked Questions

What neighborhood is 1087 Island Mist Circle located in?
The 1087 Island Mist Circle is a located in the neighborhood of Harbortown in Downtown Memphis, Memphis.
What is the average sales price for listings in 1087 Island Mist Circle?
The average sales price for units in 1087 Island Mist Circle is $0 currently.

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