14 days on rocket

411 Elder Rd, Memphis, TN, 38109

$85,000

Home List Price

$1,009*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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411 Elder Rd, Memphis$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1961
HeatingOther
CoolingNone
MLS #10171469
Lot Size0.15 Acres
StatusActive

About 411 Elder Rd

3bed/1bath with new roof, laminate flooring, and new interior paint. This could make a wonderful primary residence or investment sale. Many homes in this area are being rehabbed & sold for more money. Seller recently made some bathroom repairs/upgrades. ONLINE VIDEO AVAILABLE UPON REQUEST. Very convenient location on a quiet street. This is an As-Is sale. No wholesalers, blind offers, or assignments.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors
  • Interior: All Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: SOUTH ON ROCHESTER FROM MITCHELL RD & RIGHT ON ELDER & HOME IS ON THE LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000

Tax Information:

  • Annual Amount: $672
  • Tax Year: 2021
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

411 Elder Rd vs Memphis

14 DAYS ON ROCKET

$85,000

-$110.6K Less

KEY TAKEAWAY

This property is $110.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10171469

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: 5/17/2024, 4:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 08, 2021Home Sold
$46,200
Oct 28, 2013Home Sold
$45,000
Apr 12, 2007Home Sold
$16,000
Jul 28, 2004Home Sold
$52,700

Tax History

YEARPROP. TAXASSESSMENT
2021$672$9,275
2020$516$7,125
2019$516$7,125
2018$293$7,125
2017$331$7,125

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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.

High School

school-card-donut-2739248
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 11.83 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,010. The majority of Memphis, TN residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 411 Elder Rd

What is the listing price of this property?

The listing price of 411 Elder Rd property is $85,000.

What type of property is this?

The property 411 Elder Rd is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 411 Elder Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 411 Elder Rd are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $672 (source: MLS/based on county public records data).

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

The last sale was on March 8, 2021 for $46,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 411 Elder Rd has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 411 Elder Rd is 1961.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›411 Elder Rd

This home is located at 411 Elder Rd in Memphis, TN and zip code 38109 in the Walker Homes neighborhood. This home, which was built in 1961, sits on a 0.15 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $85,000.

Memphis, TN housing market in April 2024 saw over 75 listings sold above listed price, more than 122 sold at listed price and over 272 sold below. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

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

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