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Backup Offers

1007 Railton Rd, Memphis, TN, 38111

$87,000

Home List Price

$1,033*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1007 Railton Rd, Memphis$87,000

Buyer Closing Credits

$1,033*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Other (See REMARKS), Carport
Year Built1949
HeatingNatural Gas
CoolingCentral Air
WaterfrontOther
MLS #10168789
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Contingent)

About 1007 Railton Rd

Investor special! Located in East Memphis, this charming 2 bed/ 1 bath home is up for sale in "as-is" condition. The home features a refreshed kitchen w/ breakfast nook, fenced backyard, and carport, among other amenities. The house is currently rented at $1000/month, and the lease expires on 11/30/2024. Please do not disturb the tenant. Showings are by appointment-only and require at least 24 hrs. advance notice. Call or text to schedule.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: You Found It Realty

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl/Luxury Vinyl Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Chain Fence

Parking Information:

  • Parking: Driveway/Pad, Other (See REMARKS), Carport

Lot Features

Lot Information:

  • Lot: Fencing, Other
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Airways Blvd, turn left onto Park Ave. and continue for 1.9 miles, then turn right onto Mt. Vernon Rd. Proceed .2 miles and turn left onto Radford Rd., then turn left onto Radford Rd., then turn right onto Railton Rd. Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $87,000

Tax Information:

  • Annual Amount: $948
  • 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

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

1007 Railton Rd vs Memphis

31 DAYS ON ROCKET

$87,000

-$113.1K Less

KEY TAKEAWAY

This property is $113.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10168789

Listing Office:

  • Office Name: You Found It 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: 4/28/2024, 12:25:15 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

Dec 18, 2017Home Sold
$58,000

Tax History

YEARPROP. TAXASSESSMENT
2021$948$13,100
2020$742$10,250
2019$742$10,250
2018$421$10,250
2017$386$10,250

History based on county public records data.

Payment Calculator

$502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$327

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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-2212144
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.36 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 $27,542. The most common annual income of people living in Memphis, TN is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1007 Railton Rd

What is the listing price of this property?

The listing price of 1007 Railton Rd property is $87,000.

What type of property is this?

The property 1007 Railton Rd is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Accepting Backup Offers: 1007 Railton Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1007 Railton 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 $948 (source: MLS/based on county public records data).

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

The last sale was on December 18, 2017 for $58,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1007 Railton Rd has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1007 Railton Rd is 1949.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›1007 Railton Rd

This home is located at 1007 Railton Rd in Memphis, TN and zip code 38111. This home, which was built in 1949, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $87,000.

While more than 82 listings in Memphis, TN in March 2024 were sold above asking price, there were more than 107 listings sold at asking price, and more than 199 were sold below. The number of homes for sale in Memphis, TN increased by 16% between February 2024 and March 2024.

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

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