This property
$387,500
$387,500
Similar homes for sale
$480,272
$480,272
Recently sold homes
$378,167
$378,167
754 Island Dr, Memphis TN 38103
3 br 2 ½ ba 2,413 sqft Single-Family Home|
Sold for $387,500 on Mar 19th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 2 |
| Partial bathrooms | 1 |
| Price/sqft | $161 |
| Year built | 1992 |
| ZIP code | 38103 |
| Neighborhood | Downtown Medical Center |
Public Records
| Street # | 754 |
| Street | Island Dr |
| City | Memphis |
| ZIP code | 38103 |
| Beds | 3 |
| Baths | 2.5 |
| Year built | 1992 |
| Sqft | 2,413 sqft |
| Lot Size | 0.06 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 03/19/2009 | Sold | $387,500 | Public record |
| 09/06/2007 | Sold | $410,000 | Public record |
| 12/15/2003 | Sold | $365,000 | Public record |
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Similar homes for sale
Average listing price is $480,272
Recently sold homes
Average sales price is $378,167
684 S Main St, Memphis TN
Sold for $325,000 on 05/07/09
3 br2 ½ ba2,519 sqft
Single-Family Home
2.30 mi
89 Toulouse St, Memphis TN
Sold for $350,000 on 04/24/09
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Single-Family Home
2.06 mi
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Sold for $329,000 on 04/08/09
4 br4 ba2,700 sqft
Single-Family Home
0.02 mi
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Sold for $450,000 on 06/03/09
3 br2 ba3,806 sqft
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| This home | ||
|---|---|---|
| Sales price: | $387,500 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $480,272 | -19% |
| Avg. sales price: | $378,167 | +2% |
| Avg. price/sqft: | $127 | +27% |
| Compared to Downtown Medical Center | ||
|---|---|---|
| Avg. listing price: | $309,863 | +25% |
| Avg. sales price: | $270,096 | +43% |
| Avg. price/sqft: | $164 | -2% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $387,500 | |
| Compared to Memphis | ||
|---|---|---|
| Avg. listing price: | $196,851 | +97% |
| Avg. sales price: | $112,365 | +245% |
| Avg. price/sqft: | $60 | +168% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Maria Montessori School
|
Private | 0.08 | ||
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Caldwell Elementary School
Memphis City School District |
Public | 0.88 | ||
| This school is not even worth a star. It is run down, the teaching practices are out of date, and it is in a very dangerous area. | ||||
|
Holy Name - Jesus and Mary School
|
Catholic | 1.17 | ||
|
Downtown Elementary School
Memphis City School District |
Public | 1.31 | ||
| Despite the Great School rating, Downtown Elementary is a great school. It is a unique jewel in the system that takes advantage of its location to use… | ||||
|
Memphis Oral School For The Deaf
|
Private | 1.66 | ||
View all schools in:
Memphis City School District
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:754 Island Dr, Memphis TN 38103 |
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This Single-Family Home located at 754 Island Dr, Memphis TN, 38103 sold for $387,500 on Mar 19, 2009. 754 Island Dr has 3 beds, 2 ½ baths, and approximately 2,413 square feet. The property has a lot size of 2,614 square feet and was built in 1992. 754 Island Dr is in the Downtown Medical Center neighborhood in Memphis, TN and in ZIP Code 38103. The most recent sale price of $387,500 is 19% lower than the average list price of $480,272 for similar homes for sale, 25% higher than the average list price of $309,863 for Downtown Medical Center, 15% higher than the average list price of $337,844 for 38103, and 97% higher than the average list price of $196,851 for Memphis, TN. The most recent sale is 2% higher than the average sale price of $378,167 for similar homes for sale, 43% higher than the average sale price of $270,096 for Downtown Medical Center sold homes, 45% higher than the average sale price of $267,906 for 38103 sold homes, and 97% higher than the average sale price of $112,365 for Memphis sold homes. 754 Island Dr previously sold for $387,500 on Mar 19, 2009, $410,000 on Sep 6, 2007, and $365,000 on Dec 15, 2003.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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