1240 Island Pl E, Memphis, TN 38103 Property Records

Shelby County property record for 1240 Island Pl E, Memphis, TN 38103

Property Summary

Property TypePlanned Unit Development
Details4 bd · 2.5 ba · 2,112 sqft · built 2002
Lot Size0.131 acres (5,705 sqft)
Owner2 Individual Names on File
Last Sale$435,000 (Feb 2022)
Tax Bill$3,069 (2025)
Deeds & MortgagesFeb 2022 Sale & Mortgage
Aug 2020 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN06-9077-E0-0035

Property Details

APN / Parcel Number

Primary APN06-9077-E0-0035

Interior

Bedrooms4 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures10 Plumbing Fixtures
Total Rooms6 Rooms
Stories1 Story
Building Area2,112 sqft Living Area
Gross Area2,549 sqft
1st Floor Area1,113 sqft
Family RoomFamily Room
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2002
Effective Year BuiltEffective 2016
Architectural StyleTraditional
Construction TypeFrame
Lot Area5,705 sqft (0.131 acres)
Garage TypeAttached
Garage Area437 sqft
Parking Spaces2 Parking Spaces
PorchOpen Porch
Porch Area78 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address1240 ISLAND PL E
CityMEMPHIS
StateTN
Zip38103-8981
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Planned Unit Development
Local Zoning CodeEMP
Legal DescriptionES ISLAND PLACE E SEE MAP GRID 113 F
Legal SubdivisionHARBOR ISLE PD PHASE 2
Legal Lot Number135
JurisdictionSHELBY TN
Township / Civil Division8
Census Block Group2
Census Block2017
Census Tract100

Owner

1240 Island Pl E, a planned unit development, is owned by two individuals who bought it in February 2022.

Source: Shelby County records, as of June 2, 2026

Owner of Record2 Individual Names on File
Mailing Address7862 SILVER SPUR CIR N, 304, MEMPHIS, TN 38119-1018
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Feb 22, 2022Warranty Deed, Transfer · Conventional Mortgage
FIRST HORIZON BANK
Aug 18, 2020Deed of Trust, Mortgage · Conventional with PMI
QUICKEN LNS
Aug 8, 2018Warranty Deed, Transfer · Conventional with PMI
QUICKEN LNS

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleFeb 22, 2022 · Amount on File
Deed SaleFeb 22, 2022 · Amount on File
Prior SaleAug 8, 2018 · Amount on File
Deed Document Number202220707
Prior Transfer DateMay 9, 2009
Prior Transfer Doc0000070560
Record UpdatedOct 29, 2026

February 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateFeb 22, 2022
Property Address1240 ISLAND PL E, MEMPHIS, TN 38103-8981
Document Number0022020707
Map ReferenceMB 244 PG 50
Instrument DateFeb 18, 2022
Instrument22020707
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyDE TITLE SERVICES LLC, DELTA TITLE SERVICES LLC

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,609.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1240 ISLAND PL E, MEMPHIS, TN 38103-8981

Mortgage

Document Number0022020708
DateFeb 22, 2022
Instrument22020708
Lender
NameFIRST HORIZON BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueMar 1, 2052

August 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address1240 ISLAND PL E, MEMPHIS, TN 38103-8981
Document Number0000089619
Instrument DateAug 18, 2020
Transaction TypeMortgage
Record UpdatedSep 9, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address1240 ISLAND PL E MEMPHIS TN 381038981, MEMPHIS, TN 38103-8981

Mortgage

Document Number0000089619
DateAug 24, 2020
Instrument89619
Lender
NameQUICKEN LNS
TypeFunding / Finance Company
AddressDETROIT, MI 48226-1906
Agreement
TypeConventional with PMI
AmountAmount on Record
Term360 Months
DueAug 23, 2050

August 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateAug 8, 2018
Property Address1240 ISLAND PL E, MEMPHIS, TN 38103-8981
Document Number0000080258
Instrument DateAug 3, 2018
Instrument80258
Transaction TypeTransfer
Record UpdatedAug 17, 2018
Title CompanyMEMPHIS TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,110.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address1240 ISLAND PL E MEMPHIS TN 381038981, MEMPHIS, TN 38103-8981

Mortgage

Document Number80259
DateAug 8, 2018
Instrument80259
Lender
NameQUICKEN LNS
TypeFunding / Finance Company
AddressDETROIT, MI 48226-1906
Agreement
TypeConventional with PMI
AmountAmount on Record
Term360 Months
DueAug 7, 2048

Tax Assessment & Valuation

The 2025 property tax bill for 1240 Island Pl E was $3,069.

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,069.00$114,125 Land $15,025 Building $99,100$456,500 Land $60,100 Building $396,400
2023$77,225 Land $12,625 Building $64,600
2022$4,704.00
2021$308,900 Land $50,500 Building $258,400

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1240 Island Pl E in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 23 policies
Nearby Flood Policies23 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1240 Island Pl E is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 98% of the US · lower than 98.3% of Tennessee
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 280 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
AT&T
Fiber · Fixed Wireless, DSL in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20

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