ParkingGarage Door Opener(s), Back-Load Garage, Garage
Year Built2004
HeatingCentral
CoolingCentral Air
BasementYes
WaterfrontBay
FireplacePrefabricated, In Living Room, Gas Starter, Gas Logs
ViewWater
MLS #10184762
Lot Size0.08 Acres
StatusActive
About 1359 Island Ridge Dr
Fantastic Mud Island home in quiet cove only steps away from the Mississippi River and convenient to medical district & downtown. Spacious open floorplan with hardwood floors throughout home - NO CARPET! French doors open to side yard patio. Upgraded kitchen with granite counters. Primary bedroom has ensuite with large walk-in closet. All appliances including refrigerator, washer and dryer stay with home. This home is well maintained and ready for you to move in! HVAC is 2 yo, roof is 3 yo
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2004
Stories: 1
Listing Office:
Office Name: Crye-Leike, Inc., REALTORS
Interior Features
Interior Information:
Appliances: Range, Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
Basement: Yes
Flooring Type: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs
Fireplace: Prefabricated, In Living Room, Gas Starter, Gas Logs
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Bay
View: Water
Exterior: Porch
Parking Information:
Parking: Garage Door Opener(s), Back-Load Garage, Garage
Lot Features
Lot Information:
Lot: Few Trees
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: From Island Drive, turn on Island place East, turn right on Island village Drive, turn left on Island Ridge Drive, home is on left
Price Information
Listing Price Info
Price Summary:
List Price: $329,000
HOA Fees:
Amount: $1000
Frequency: Annually
Tax Information:
Annual Amount: $4,704
Tax Year: 2021
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,793
Per Month
Principal & Interest
$1,643
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$83
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,053
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Kipp Memphis Collegiate Elementary School
230 Henry Ave
Distance between this listing and this school0.88 miles
Public Charter Grades KG-4
3
/10
Memphis Scholars Caldwell-Guthrie (ASD)
951 Chelsea Ave
Distance between this listing and this school1.50 miles
Public Charter Grades PK-5
3
/10
Downtown Elementary School
10 N 4th St
Distance between this listing and this school2.30 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Kipp Memphis Collegiate Middle School
230 Henry Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 5-8
4
/10
Humes Preparatory Academy (ASD)
659 N Manassas St
Distance between this listing and this school1.54 miles
Public Charter Grades 6-8
3
/10
Believe Memphis Academy Charter School
1250 Vollintine Ave
Distance between this listing and this school2.08 miles
Public Charter Grades 4-7
Nearby Schools
2
/10
Manassas High School
1111 N Manassas St
Distance between this listing and this school1.00 miles
Public District Grades 9-12
1
/10
Pathways in Education - Tn
3156 Thomas St
Distance between this listing and this school2.61 miles
Public Charter Grades 9-12
5
/10
Crosstown High School
1365 Tower Ave
Distance between this listing and this school2.63 miles
The neighbors living near this home have an average income of $92,102. Most Memphis, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1359 Island Ridge Dr
What is the listing price of this property?
The listing price of 1359 Island Ridge Dr property is $329,000.
What type of property is this?
The property 1359 Island Ridge Dr is a house located in Memphis, Tennessee, 38103.
Is this property for sale now?
Active Listing: 1359 Island Ridge 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 $4,704 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 4, 2004 for $153,475. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1359 Island Ridge Dr has 3 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 1359 Island Ridge Dr is 2004.
This home is located at 1359 Island Ridge Dr in Memphis, TN and zip code 38103 in the Harbortown / Mud Island neighborhood. This home, which was built in 2004, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $329,000.
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.