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92 Island Place

92 Island Place, Memphis, TN 38103
House in Harbortown
Sold Jan 11, 2023
$490,000
$392,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2053
Sold Jan 28, 2020
$406,100
$406,100 by First Horizon Bank
Mortgage Due Feb 01, 2050
92 Island Place in Memphis, TN was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 92 Island Place has 2,560 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 6,455 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 572 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 4, 2023 for $490,000. That's $156.45 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2020 for $406,100. 92 Island Place was last assessed in 2022. The total value of the property was assessed at $104,350. Specifically, the land the property is located on was valued at $12,975. While improvements on the property were assessed at a total of $91,375. 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 $6,357. The initial tax year of delinquency was in 2021. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,455
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 510
  • Total Building Area: 3,132
  • Gross Building Area: 3,526
  • Building Area: 2,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLAND CREST PD PHASE 1
  • Land Acres: 0.148
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: NS ISLAND PL COR ISLAND CREST DR (NE) SEE MAP GRID 113G

Ownership

  • Current Owner : MACLIN JAMES E
  • Current Owner 2: MACLIN KAROL L
  • Previous Owner : KRISHNAN RASHI
  • Previous Owner 2: KRISHNAN AMIT KUMAR
  • Owner Before Previous Owner: HUNT DONALD K
  • Owner Before Previous Owner 2: HUNT MARY CRAIG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: EMP

Geography

  • Assessors Map Reference: MB 235-045
  • District: O
  • Parcel: 06-9077-A0-0036
  • Lot: 36
  • Municipality: MEMPHIS
  • Latitude: 35.1702
  • Longitude: -90.0536

    Address

  • Full Address: 92 Island Pl
  • Address - House Number: 92
  • Address - Street Name: Island
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C033
  • 4-Digit Zip Code: 8844
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,357
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 515,593
  • High Value: 628,870
  • Low Value: 402,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2023
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $417,400
  • Market Land Value: $51,900
  • Market Improvement Value: $365,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,350
  • Assessed Land Value: $12,975
  • Assessed Improvements Value: $91,375

    Sales

  • Current Sale Contract Date: Jan 04, 2023
  • Current Sale Recording Date: Jan 11, 2023
  • Current Sale Transaction ID: 11900760163
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3325
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 23, 2020
  • Previous Sale Amount: $406,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 11, 2023
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON BANK
  • Previous Mortgage Transaction Date: Jan 28, 2020
  • Previous Mortgage Loan Amount: $406,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

About Downtown Memphis



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Nearby Rentals

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$1,700 /mo

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  • 1 Bath
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Frequently Asked Questions

What neighborhood is 92 Island Place located in?
The 92 Island Place is a house located in the neighborhood of Harbortown in Downtown Memphis, Memphis.
What is the average sales price for listings in 92 Island Place?
The average sales price for units in 92 Island Place is $0 currently.

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