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Memphis 38103 Harbortown
1124 MISTY ISLE DR
Photo of 1124 MISTY ISLE DR

40

Map

Photo of 1124 MISTY ISLE DR
Photo of 1124 MISTY ISLE DR
$359,900
↓ $9K (2.3%)
● House - For Sale

1124 MISTY ISLE DR

Memphis, TN 38103
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,742 Ft²
$2,138
Est. Monthly

About This Property

WELCOME TO THE RIVER! Luxury meets effortless living in this beautifully renovated home where nothing has been left undone! Step inside to a fresh, modern interior featuring smooth ceilings, high end lighting package, fresh paint, a brand-new kitchen, beautifully updated bathrooms, and all-new appliances that stay with the home. Major improvements include a new HVAC system and newer roof, giving the next owner added peace of mind. The stylish finishes, abundant natural light, and thoughtfully updated spaces make this home truly move-in ready. Enjoy the charm and lifestyle of this sought-after river community while owning a home that has already had the work done for you. Turn the key, unpack, and start enjoying life by the river!
Unit Size
1,742 Ft²
Days on Market
58 days
Land Size
0.07 acres
Price per sqft
$207
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
2001

Listed By

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (Realtracs #RTC3545266)

Price History

Date / Event Date Event Price
Sep 28, 2026 Price Decreased $359,900
↓ $9K (2.3%)
Price Decreased
Aug 4, 2026 Listed by Blackburn & Co $368,400
Listed by Blackburn & Co
Jul 29, 2019 No longer available -
No longer available
Mar 24, 2019 No longer available -
No longer available
Nov 3, 2018 Price Decreased $260,000
↓ $6K (2.2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Rear
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet, Wood, Tile
Laundry Features: Washer Hookup
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1742
Square Footage Source: $0
Architectural Style: Other
Year Built: 2001
Building Area Total: 1742
Levels: Three Or More
Building Area Units: Square Feet
Patio and Porch Features: Patio, Porch
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Lot Size Dimensions: 31 X 100
Tax Lot: 17
Financial Details
Tax Annual Amount: $4,448
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 310
  • Total Building Area: 2,380
  • Gross Building Area: 2,380
  • Building Area: 1,981
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,981
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARBOR ISLE PD PH 1
  • Land Acres: 0000000071
  • Standard Land Use Code: 1009
  • County Land Use Code: 052
  • Legal Description 1: ES MISTY ISLE DR SEE MAP GRID# 113 F

Neighborhood

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

Zoning

  • Zoning: EMP

Geography

  • Assessors Map Reference: MB 244-049
  • District: O
  • Parcel: 06-9077-D0-0017
  • Lot: 17
  • Municipality: MEMPHIS
  • Latitude: 35.1715
  • Longitude: -90.0507

    Address

  • Full Address: 1124 Misty Isle Dr
  • Address - House Number: 1124
  • Address - Street Name: Misty Isle
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 8919
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,744

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 383,859
  • High Value: 479,338
  • Low Value: 288,380

    Market Valuation

  • Market Total Value: $283,500
  • Market Land Value: $45,600
  • Market Improvement Value: $237,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,875
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $59,475

    Sales

  • Current Sale Contract Date: Mar 22, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19030050
  • Previous Sale Recording Date: Jul 10, 2003
  • Previous Sale Contract Date: Jun 27, 2003
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downtown Memphis

Stats & Trends

Median Asking:

$237,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1479 ft²

Average Home Age

41.3 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Chasity Blackburn, Blackburn & Co
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3545266
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1124 Misty Isle Drive built and last sold?
The property at 1124 Misty Isle Drive was built in 2001 and last sold on Mar 22, 2019 for $210,000.
How much is this home worth?
The estimated value of the home located at 1124 Misty Isle Drive is $363,724.
What are some comparable homes to 1124 Misty Isle Drive?
There are currently no comparable homes to 1124 Misty Isle Drive.
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