Brick and stone 2 bedroom and 1 bath home in great location for an investment or flip; Cash only; home needs repairs; must see to submit an offer; Living room, dining room, kitchen and laundry room; detached garage for storage. AS IS SALE.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1940
Stories: 1
Listing Office:
Office Name: InCity Realty
Interior Features
Interior Information:
Appliances: Refrigerator
Flooring Type: Hardwood Throughout, Tile
Interior: Pull Down Attic Stairs
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Exterior: Wrought Iron Security Drs, Storage Building
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Few Trees
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: From Park go north to 761 S Goodlett, from Poplar and Central go south to 761 S Goodlett. Right across from the newly renovated Audubon Park Pavilion and walking trail.
Price Information
Listing Price Info
Price Summary:
List Price: $85,000
Tax Information:
Annual Amount: $1,995
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.
$492
Per Month
Principal & Interest
$425
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)
$0
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
$321
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.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school4.91 miles
Public District Grades 6-12
Nearby Schools
10
/10
Campus School
535 Zach Curlin St
Distance between this listing and this school0.63 miles
Public District Grades 1-6
3
/10
Sherwood Elementary School
1156 Robin Hood Ln
Distance between this listing and this school0.96 miles
Public Magnet Grades PK-5
4
/10
South Park Elementary School
1736 Getwell Rd
Distance between this listing and this school1.84 miles
Public District Grades PK-5
Nearby Schools
2
/10
Sherwood Middle School
3480 Rhodes Ave
Distance between this listing and this school1.34 miles
Public District Grades 6-8
4
/10
Colonial Middle School
1370 Colonial Rd
Distance between this listing and this school1.84 miles
Public Magnet Grades 6-8
3
/10
American Way Middle School
3805 American Way
Distance between this listing and this school2.47 miles
Public District Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school4.91 miles
Public District Grades 6-12
Nearby Schools
8
/10
White Station High School
514 S Perkins Rd
Distance between this listing and this school1.31 miles
Public Magnet Grades 9-12
8
/10
East High School
3206 Poplar Ave
Distance between this listing and this school2.23 miles
The neighbors living near this home have an average income of $44,087. Most Memphis, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 761 S Goodlett St
What is the listing price of this property?
The listing price of 761 S Goodlett St property is $85,000.
What type of property is this?
The property 761 S Goodlett St is a house located in Memphis, Tennessee, 38111.
Is this property for sale now?
Sale Pending: 761 S Goodlett St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 761 S Goodlett St 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 $1,995 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 761 S Goodlett St has 2 bedrooms and 1 bathroom.
Which year was this property built?
The year of construction for 761 S Goodlett St is 1940.
This home is located at 761 S Goodlett St in Memphis, TN and zip code 38111 in the Normal Station neighborhood. This home, which was built in 1940, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 14, 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 number of homes for sale in Memphis, TN increased by 13.1% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.