16 days on rocket

4142 Summer Ave, Memphis, TN, 38122

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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4142 Summer Ave, Memphis$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Circular Drive
Year Built1985
HeatingCentral
CoolingCentral Air
MLS #10172422
Lot Size0.32 Acres
StatusActive

About 4142 Summer Ave

Potential galore on Summer Avenue near Grahamwood Elementary! Behind this 3-bed 1-bath commercial mixed-use home is an attached recording studio with a full bathroom. The studio offers commercial grade electrical and space. 2nd floor above has potential for whatever your heart desires! There is also an apartment with a kitchenette and laundry hookups on the second floor of the addition. HVAC in the house and addition are both fairly new as well as HW heater. 5100 sqft unfinished and finished.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1985
  • Stories: 1

Listing Office:

  • Office Name: Epique Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Hardwood Throughout, Tile, Textured Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Chain Fence

Parking Information:

  • Parking: Driveway/Pad, Circular Drive

Lot Features

Lot Information:

  • Lot: Few Trees, Level
  • Lot Size: 0.32 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 Grahamwood Elementary School head east on Summer Ave toward N Graham St. and the property is .03 miles down on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000

HOA Fees:

  • Amount: $0
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,805
  • 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

4142 Summer Ave vs Memphis

16 DAYS ON ROCKET

$375,000

+$179.3K More

KEY TAKEAWAY

This property is $179.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10172422

Listing Office:

  • Office Name: Epique 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: 5/31/2024, 9:20:35 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

Feb 02, 2009Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,805$52,560
2020$3,594$49,600
2019$3,594$49,600
2018$2,039$49,600
2017$2,250$49,600

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-5825433
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.33 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 $49,813. Residents of Memphis, TN typically earn between $35k-100k each year. The most common type of family is 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 4142 Summer Ave

What is the listing price of this property?

The listing price of 4142 Summer Ave property is $375,000.

What type of property is this?

The property 4142 Summer Ave is a house located in Memphis, Tennessee, 38122.

Is this property for sale now?

Active Listing: 4142 Summer Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4142 Summer Ave 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 $3,805 (source: MLS/based on county public records data).

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

The last sale was on February 2, 2009 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4142 Summer Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 4142 Summer Ave is 1985.

Rocket Homes›Tennessee›Shelby County›Memphis›38122›4142 Summer Ave

This home is located at 4142 Summer Ave in Memphis, TN and zip code 38122 in the Berclair neighborhood. This home, which was built in 1985, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $375,000.

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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