See Home Value
$505,858*
House - Off Market

1416 E ISLAND

Memphis, TN 38103
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$311,000 - $379,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
Sold Aug 21, 2020
$345,000
$327,750 by Fifth Third Bank
Mortgage Due Sep 01, 2050
Sold Oct 01, 2007
$284,415
$290,529 by Community Mortgage Corp
Mortgage Due Oct 01, 2037

About This Property

This one is move in ready!!! 3 bed 2.5 bath, 2 car garage.  Bonus / office is on the 3rd floor off of the Master.   The first story is an open floorplan ,Great for entertaining.  Kitchen has granite countertops and backsplash.  The peninsula in the kitchen is open to the greatroom.  Stainless steel appliances, smooth ceilings, wood floors throughout 1st floor and stairs.  Bedrooms are all nice size and of course you already know how the neighborhood is.  Make your appointment today.
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$4,555
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold to Michael Joseph Reichert, Th... $345,000
Sold to Michael Joseph Reichert, Th...
Aug 22, 2019 No longer available -
No longer available
Jul 19, 2019 Price Decreased $345,000
↓ $4K (1.2%)
Price Decreased
May 19, 2019 Price Decreased $349,000
↓ $500 (0.1%)
Price Decreased
Apr 26, 2019 Listed $349,500
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 42
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 468
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,570
  • Lot Size Depth Feet: 1,152
  • Lot Size Frontage Feet: 310
  • Total Building Area: 3,100
  • Gross Building Area: 3,100
  • Building Area: 2,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,632
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERPOINT PD
  • Land Acres: 0.082
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES ISLAND PLACE EAST SEE MAP GRID# 113C

Ownership

  • Current Owner : EASTERDAY THOMAS SCOTT
  • Current Owner 2: REICHERT MICHAEL JOSEPH
  • Previous Owner : BROOKS JOHNNIE R
  • Previous Owner 2: GRAYSON BROOKS TUNGELA
  • Owner Before Previous Owner: RIVERPOINT DEVELOPMENT CO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • 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 224-032
  • District: O
  • Parcel: 06-9077-I0-0011
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.1786
  • Longitude: -90.0499

    Address

  • Full Address: 1416 Island Pl E
  • Address - House Number: 1416
  • Street Segment Direction: E
  • Address - Street Name: Island
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C099
  • 4-Digit Zip Code: 9035
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,245

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 476,740
  • High Value: 585,506
  • Low Value: 367,973

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $327,750
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $327,750
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $344,400
  • Market Land Value: $49,100
  • Market Improvement Value: $295,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,100
  • Assessed Land Value: $12,275
  • Assessed Improvements Value: $73,825

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11781442067
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20089057
  • Previous Sale Recording Date: Oct 01, 2007
  • Previous Sale Contract Date: Sep 27, 2007
  • Previous Sale Amount: $284,415
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $327,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 01, 2007
  • Previous Mortgage Loan Amount: $290,529
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2037



Comparables

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

About Downtown Memphis


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 849 N 2nd, Memphis, TN, 38107

$1,200 /mo

  • 1 Bed
  • 1 Bath
849 N 2nd, Memphis, TN, 38107 Listing by Reginald Williams
Unit for rent at 1050 N Parkway, Memphis, TN, 38105

$1,200 /mo

  • 1 Bed
  • 1 Bath
1050 N Parkway, Memphis, TN, 38105 Listing by Oksana Piven


Frequently Asked Questions

When was property at 1416 Island Place East built and last sold?
The property at 1416 Island Place East was built in 2007 and last sold on Aug 14, 2020 for $345,000.
How much is this home worth?
The estimated value of the home located at 1416 Island Place East is $348,450.
What are some comparable homes to 1416 Island Place East?
There are currently no comparable homes to 1416 Island Place East.

Quantcast