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Backup Offers

1086 Merriwether Ave, Memphis, TN, 38105

$85,000

Home List Price

$1,009*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1086 Merriwether 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
Year Built1925
HeatingCentral
CoolingCentral Air
FireplaceMasonry
MLS #10170911
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Contingent)

About 1086 Merriwether Ave

Located on a corner , this home has a lot of potentials. It's currently tenant occupied, the tenant is in the process of moving. The property is being sold "AS IS". The owner will not do any repairs.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Stories: 1

Listing Office:

  • Office Name: Lawrence Johnson, REALTORS

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout
  • Fireplace: Masonry

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: 0.12 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 Poplar Ave, North on N Waldran Blvd, Left on Merriweather

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000

Tax Information:

  • Annual Amount: $954
  • 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

1086 Merriwether Ave vs Memphis

9 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: #10170911

Listing Office:

  • Office Name: Lawrence Johnson, 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: 5/5/2024, 7:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 1999Home Sold
$23,200

Tax History

YEARPROP. TAXASSESSMENT
2021$954$13,175
2020$461$6,375
2019$461$6,375
2018$262$6,375
2017$180$6,375

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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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

school-card-donut-6370401
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.43 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 $38,106. Typical income of Memphis, TN residents is between $35k-100k 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 1086 Merriwether Ave

What is the listing price of this property?

The listing price of 1086 Merriwether Ave property is $85,000.

What type of property is this?

The property 1086 Merriwether Ave is a house located in Memphis, Tennessee, 38105.

Is this property for sale now?

Accepting Backup Offers: 1086 Merriwether Ave 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 1086 Merriwether 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 $954 (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 12, 1999 for $23,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1086 Merriwether Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1086 Merriwether Ave is 1925.

Rocket Homes›Tennessee›Shelby County›Memphis›38105›1086 Merriwether Ave

This home is located at 1086 Merriwether Ave in Memphis, TN and zip code 38105. This home, which was built in 1925, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $85,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. The number of listings 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.

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