12 days on rocket

1012 Island Park Dr, Memphis, TN, 38103

$740,000

Home List Price

$8,788*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1012 Island Park Dr, Memphis$740,000

Buyer Closing Credits

$8,788*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingBack-Load Garage, Garage
Year Built1996
HeatingCentral, Multi Unit(s)
CoolingCentral Air, Ceiling Fan(s)
FireplaceIn Living Room, Gas Starter
ViewOther
MLS #10185610
Lot Size0.07 Acres
StatusActive

About 1012 Island Park Dr

Fantastic Home that features River views and wrap around balconies. Screened porches, large primary suite, tons of closet space, hardwood floors, large great room with fireplace, granite kitchen, gas cooking with island, tons of cabinet space, 3rd floor media room with full bath & kitchen overlooking knock out screened porch with River views. Large 2 car garage.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1996
  • Stories: 3

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Double Oven, Cooktop, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Cat/Dog Free House, Security System, Vent Hood/Exhaust Fan
  • Fireplace: In Living Room, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Screen Porch, Other (See REMARKS)

Parking Information:

  • Parking: Back-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Level, Landscaped
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Multi Unit(s)
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Island Drive to right on Harbor Village Circle, follow around and turn right onto River Currants Drive, turn left on Island Park Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $740,000

HOA Fees:

  • Amount: $2153
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,471
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$183K

# of Sold Homes

362

1012 Island Park Dr vs Memphis

12 DAYS ON ROCKET

$740,000

+$557K More

KEY TAKEAWAY

This property is $557K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10185610

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2020Home Sold
$570,000
Apr 25, 2017Home Sold
$518,000
Jun 21, 2016Home Sold
$437,500
Aug 18, 2010Home Sold
$539,900
Sep 11, 2003Home Sold
$420,000
Jun 03, 1999Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,471$144,625
2020$10,026$138,375
2019$10,026$138,375
2018$5,687$138,375
2017$5,731$138,375

History based on county public records data.

Payment Calculator

$3,940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3832031
3
/10
  • Kipp Memphis Collegiate Elementary School

  • 230 Henry Ave

  • 0.81 miles

  • Public Charter Grades KG-4

school-card-donut-3832032
3
/10
  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 1.66 miles

  • Public Charter Grades PK-5

school-card-donut-3832033
3
/10
  • Downtown Elementary School

  • 10 N 4th St

  • 1.76 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,142. Most Memphis, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1012 Island Park Dr

What is the listing price of this property?

The listing price of 1012 Island Park Dr property is $740,000.

What type of property is this?

The property 1012 Island Park Dr is a house located in Memphis, Tennessee, 38103.

Is this property for sale now?

Active Listing: 1012 Island Park Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,471 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 28, 2020 for $570,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1012 Island Park Dr has 4 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1012 Island Park Dr is 1996.

Rocket Homes›Tennessee›Shelby County›Memphis›38103›1012 Island Park Dr

This home is located at 1012 Island Park Dr in Memphis, TN and zip code 38103 in the Harbortown / Mud Island neighborhood. This home, which was built in 1996, sits on a 0.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $740,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. The number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

More Resources