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1197 Misty Isle Drive

1197 Misty Isle Drive, Memphis, TN 38103
House in Harbortown
Sold May 29, 2019
$230,499
$235,422 by Triumph Bank
Mortgage Due Jun 05, 2049
Sold Mar 02, 2015
$171,000
$167,902 by Evolve Bank & Trust
Mortgage Due Mar 01, 2045
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Local assessors in Memphis, TN have categorized 1197 Misty Isle Drive as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 3,100 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 310 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1197 Misty Isle Drive has a total of 1,193 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 399 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1197 Misty Isle Drive sold most recently in May 28, 2019 for a total of $230,499. If you work out the math, that's approximately a cost of $144.79 per sqft. Before that, the property was also sold for $171,000 in Feb 27, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,650 in taxes each year. 1197 Misty Isle Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,925. If we break it down further, the land itself was valued at $11,400. Improvements to the property, however, were assessed at a total of $48,525. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage Open Parking Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,193
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,193
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR ISLE PD PH 1
  • Land Acres: 0.071
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS MISTY ISLE DR SEE MAP GRID# 113 F

Ownership

  • Current Owner : ASHITEY HANNAH IRENE BOTORH
  • Previous Owner : HILL WILLIAM T
  • Previous Owner 2: HILL PAMELA J
  • Owner Before Previous Owner: RICHENS JAMES W
  • Owner Before Previous Owner 2: RICHENS MARY JANE
  • 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 244-049
  • District: O
  • Parcel: 06-9077-D0-0002
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1726
  • Longitude: -90.0515

    Address

  • Full Address: 1197 Misty Isle Dr
  • Address - House Number: 1197
  • Address - Street Name: Misty Isle
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 8920
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,650

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 329,729
  • High Value: 409,417
  • Low Value: 250,040

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,422
  • First Open Lien Mortgage Lender: TRIUMPH BANK
  • First Open Lien Mortgage Recording Date: May 29, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $235,422
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 05, 2049

    Market Valuation

  • Market Total Value: $239,700
  • Market Land Value: $45,600
  • Market Improvement Value: $194,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,925
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $48,525

    Sales

  • Current Sale Contract Date: May 28, 2019
  • Current Sale Recording Date: May 29, 2019
  • Current Sale Transaction ID: 11611449275
  • Current Sale Price: $230,499
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19052108
  • Previous Sale Recording Date: Mar 02, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIUMPH BANK
  • First Mortgage Transaction Date: May 29, 2019
  • First Mortgage Loan Amount: $235,422
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 05, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Mar 02, 2015
  • Previous Mortgage Loan Amount: $167,902
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2045

About Downtown Memphis



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Frequently Asked Questions

What neighborhood is 1197 Misty Isle Drive located in?
The 1197 Misty Isle Drive is a house located in the neighborhood of Harbortown in Downtown Memphis, Memphis.
What is the average sales price for listings in 1197 Misty Isle Drive?
The average sales price for units in 1197 Misty Isle Drive is $0 currently.

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