3 months on rocket

103 Lucy Ave, Memphis, TN, 38106

$85,000

Home List Price

$1,009*

Closing Credit

2 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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103 Lucy Ave, Memphis$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, On-Street Parking
Year Built2008
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air
MLS #10164765
Lot Size0.07 Acres
StatusActive

About 103 Lucy Ave

"Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other. 97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2008
  • Stories: 1

Listing Office:

  • Office Name: One Stop Global Realty

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Vinyl/Luxury Vinyl Floor, Textured Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad, On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Take I-240 W to US-61 N/S 3rd St. Take exit 7 from I-55 N and continue to US-61 N/S 3rd St. Merge onto US-61 N/S 3rd St. Turn left onto E McLemore Ave. Turn left onto S Main St. Turn left onto Lucy Ave. The Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000

Tax Information:

  • Annual Amount: $773
  • 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

103 Lucy Ave vs Memphis

112 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: #10164765

Listing Office:

  • Office Name: One Stop Global 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: 5/21/2024, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$773$10,675
2020$619$8,550
2019$619$8,550
2018$351$8,550
2017$374$8,550

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-4844151
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 8.27 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 $29,327. Residents of Memphis, TN typically earn less than $35k each year. Typical family type 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 103 Lucy Ave

What is the listing price of this property?

The listing price of 103 Lucy Ave property is $85,000.

What type of property is this?

The property 103 Lucy Ave is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 103 Lucy 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 103 Lucy 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 $773 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 103 Lucy Ave has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 103 Lucy Ave is 2008.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›103 Lucy Ave

This home is located at 103 Lucy Ave in Memphis, TN and zip code 38106. This home, which was built in 2008, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 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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