380 N Island Dr Unit 303, Memphis, TN, 38103

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

380 N Island Dr Unit 303, Memphis$349,900

Buyer Closing Credits

$4,155^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeTownhouse

ParkingBack-Load Garage, Gated Parking, Gate Clickers, On-Street Parking, Garage

Year Built2007

HeatingCentral

CoolingCeiling Fan(s), Central Air

BasementYes

WaterfrontWaterfront

ViewWater, Other

MLS #10175909

Lot Size1.53 Acres

StatusActive

About 380 N Island Dr Unit 303

Experience the vibrant lifestyle of Mud Island in this condo at 380 N Island Drive, Memphis, TN. Nestled in the heart of the city, this home is a stone's throw away from St Jude Hospital, University of Memphis Law School, and a plethora of downtown eateries and nightlife. Start your day with a leisurely stroll to nearby coffee bars, and end it with the mesmerizing view of the Mississippi river and the twinkling lights of downtown bridges. This condo is not just a home, it's a lifestyle.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Soft Contemporary, Traditional
• Year Built: 2007
• Stories: 2

Listing Office:

• Office Name: BHHS Taliesyn Realty

Interior Features

Interior Information:

• Appliances: Range, Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
• Basement: Yes
• Flooring Type: Hardwood Throughout, Tile, Sprayed Ceiling
• Interior: Walk-In Closet(s), Security System, Smoke Detector(s)

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: Waterfront
• View: Water, Other
• Exterior: Balcony, Well Landscaped Grounds, Iron Fence

Parking Information:

• Parking: Back-Load Garage, Gated Parking, Gate Clickers, On-Street Parking, Garage

Virtual/3D Tour

• 3D Tour: 380 N Island Dr Unit 303

3D Tour

Lot Features

Lot Information:

• Lot: Level, Views, Landscaped, Fencing
• Lot Size: 1.53 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: Take I-40 West toward downtown Memphis. Take Exit 1D off I-40 at N. Danny Thomas Blvd. Go North to A.W. Willis Ave and turn left. Take bridge to Harbor Town. Stay left at roundabout at Island Drive. Property will be 3rd building on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $349,900

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$190.8K

Med. Price/SqFt

$117

# of Sold Homes

415

380 N Island Dr Unit 303 vs Memphis

90 DAYS ON ROCKET

$349,900

+$159K More

KEY TAKEAWAY

This property is $159K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10175909

Listing Office:

• Office Name: BHHS Taliesyn Realty

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: 9/28/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,814

Per Month

Principal & Interest

$1,747

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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)

$0

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38103›380 N Island Dr Unit 303

This home is located at 380 N Island Dr Unit 303 in Memphis, TN and zip code 38103 in the Harbortown / Mud Island neighborhood. This home, which was built in 2007, sits on a 1.53 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $349,900.

In August 2024, from all listings sold in Memphis, TN there were more than 62 sold above asking price, over 237 sold below and more than 116 were sold right at the asked price. The number of listings in Memphis, TN increased by 7.5% between July 2024 and August 2024.

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