13 days on rocket

1217 Richland Dr, Memphis, TN, 38116

$229,900

Home List Price

$2,730*

Closing Credit

5 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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1217 Richland Dr, Memphis$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1966
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceMasonry, In Living Room
ViewOther
MLS #10170441
Lot Size0.28 Acres
StatusActive

About 1217 Richland Dr

Ready for your next project? This house needs mostly cosmetic updates to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their own due diligence. Sold AS-IS.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1966
  • Stories: 1

Listing Office:

  • Office Name: Premier Realty Group, LLC

Interior Features

Interior Information:

  • Appliances: Double Oven, Cooktop, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Hardwood, Tile
  • Fireplace: Masonry, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wood Fence

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Fencing
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From I-55 head west on E Shelby Dr. Turn left on Elvis Presley Blvd. Left on Richland. Right on Dycus which becomes Richland again. Home is on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900

Tax Information:

  • Annual Amount: $3,043
  • 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

1217 Richland Dr vs Memphis

13 DAYS ON ROCKET

$229,900

+$34.2K More

KEY TAKEAWAY

This property is $34.2K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10170441

Listing Office:

  • Office Name: Premier Realty Group, LLC

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: 5/2/2024, 4:21:08 PM 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$3,043$42,025
2020$2,405$33,200
2019$2,405$33,200
2018$1,365$33,200
2017$1,387$33,200

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-4823802
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 12.96 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 $66,843. The majority of Memphis, TN residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1217 Richland Dr

What is the listing price of this property?

The listing price of 1217 Richland Dr property is $229,900.

What type of property is this?

The property 1217 Richland Dr is a house located in Memphis, Tennessee, 38116.

Is this property for sale now?

Active Listing: 1217 Richland Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1217 Richland Dr 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 $3,043 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1217 Richland Dr has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1217 Richland Dr is 1966.

Rocket Homes›Tennessee›Shelby County›Memphis›38116›1217 Richland Dr

This home is located at 1217 Richland Dr in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. This home, which was built in 1966, sits on a 0.28 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $229,900.

While more than 75 listings in Memphis, TN in April 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 272 were sold below. 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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