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1241 Misty Isle Drive

1241 Misty Isle Drive, Memphis, TN 38103
House in Harbortown
Sold Nov 15, 2021
$305,000
$270,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2051
Sold Jul 12, 2019
$225,000
$195,000 by Quicken Loans Inc
Mortgage Due Aug 01, 2049
1241 Misty Isle Drive 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 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1241 Misty Isle Drive has 1,193 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,289 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 437 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 9, 2021 for $305,000. That's $187.12 per sqft. Prior to that sales transaction, the property was also sold in Jul 8, 2019 for $225,000. 1241 Misty Isle Drive was last assessed in 2022. The total value of the property was assessed at $59,975. Specifically, the land the property is located on was valued at $11,475. While improvements on the property were assessed at a total of $48,500. 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 $3,653. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Parking

Attached Garage
Guest Parking
Open Parking
Garage Parking
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: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,289
  • Total Building Area: 1,630
  • Gross Building Area: 1,630
  • Building Area: 1,193
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • 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 PHASE 2
  • Land Acres: 0.076
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS MISTY ISLE DR (PD) SEE MAP GRID 113 F

Ownership

  • Current Owner : HALL HEATHER
  • Previous Owner : ROSE MICHAEL
  • Previous Owner 2: ROSE KAYLA
  • Owner Before Previous Owner: MUEHLBAUER MATTHEW W
  • Owner Before Previous Owner 2: MUEHLBAUER SHANNON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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-E0-0064
  • Lot: 164
  • Municipality: MEMPHIS
  • Latitude: 35.1738
  • Longitude: -90.0517

    Address

  • Full Address: 1241 Misty Isle Dr
  • Address - House Number: 1241
  • Address - Street Name: Misty Isle
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 8976
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,653

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 339,919
  • High Value: 407,081
  • Low Value: 272,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $239,900
  • Market Land Value: $45,900
  • Market Improvement Value: $194,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,975
  • Assessed Land Value: $11,475
  • Assessed Improvements Value: $48,500

    Sales

  • Current Sale Contract Date: Oct 09, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11864698442
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21142475
  • Previous Sale Recording Date: Jul 12, 2019
  • Previous Sale Contract Date: Jul 08, 2019
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jul 12, 2019
  • Previous Mortgage Loan Amount: $195,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 1241 Misty Isle Drive located in?
The 1241 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 1241 Misty Isle Drive?
The average sales price for units in 1241 Misty Isle Drive is $0 currently.

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