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1205 Island Place East

1205 Island Place East, Memphis, TN 38103
Property in Harbortown
Sold May 02, 2023
$388,000
$266,500 by Emporium Tpo Llc
Mortgage Due Nov 01, 2053
Sold Apr 27, 2022
$385,000
$365,750 by Local Mortgage Inc
Mortgage Due May 01, 2052
1205 Island Place East 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 2002 and is 22 years old. The home has a total of 6 rooms. 3 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, 1205 Island Place East has 1,566 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 1,200 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 3,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 438 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 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 19, 2023 for $388,000. That's $193.61 per sqft. Prior to that sales transaction, the property was also sold in Apr 22, 2022 for $385,000. 1205 Island Place East was last assessed in 2022. The total value of the property was assessed at $73,975. Specifically, the land the property is located on was valued at $11,675. While improvements on the property were assessed at a total of $62,300. 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 $4,506. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 438
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 310
  • Total Building Area: 2,004
  • Gross Building Area: 2,004
  • Building Area: 1,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,566
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR ISLE PD PHASE 2
  • Land Acres: 0.085
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS ISLAND PLACE E SEE MAP GRID 113 F

Ownership

  • Current Owner : S & H 19 LLC
  • Previous Owner : TUVEL REBECCA DAYNA
  • Owner Before Previous Owner: BRANDT GARRY N
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: EMP

Geography

  • Assessors Map Reference: MB 244-050
  • District: O
  • Parcel: 06-9077-E0-0045
  • Lot: 145
  • Municipality: MEMPHIS
  • Latitude: 35.173
  • Longitude: -90.0506

    Address

  • Full Address: 1205 Island Pl E
  • Address - House Number: 1205
  • Street Segment Direction: E
  • Address - Street Name: Island
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 8982
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,506

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 397,915
  • High Value: 473,103
  • Low Value: 322,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,500
  • First Open Lien Mortgage Lender: EMPORIUM TPO LLC
  • First Open Lien Mortgage Recording Date: Oct 25, 2023
  • First Open Lien Mortgage Loan Amount: $266,500
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $295,900
  • Market Land Value: $46,700
  • Market Improvement Value: $249,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,975
  • Assessed Land Value: $11,675
  • Assessed Improvements Value: $62,300

    Sales

  • Current Sale Contract Date: Apr 19, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Transaction ID: 11906009119
  • Current Sale Price: $388,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 34065
  • Previous Sale Recording Date: Apr 27, 2022
  • Previous Sale Contract Date: Apr 22, 2022
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LOCAL MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 27, 2022
  • Previous Mortgage Loan Amount: $365,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2052

About Downtown Memphis



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Frequently Asked Questions

What neighborhood is 1205 Island Place East located in?
The 1205 Island Place East is a located in the neighborhood of Harbortown in Downtown Memphis, Memphis.
What is the average sales price for listings in 1205 Island Place East?
The average sales price for units in 1205 Island Place East is $0 currently.

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