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Backup Offers

1241 Smith Ave, Memphis, TN, 38107

$25,000

Home List Price

$297*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1241 Smith Ave, Memphis$25,000

Buyer Closing Credits

$297*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1930
HeatingCentral
CoolingCentral Air
MLS #10165248
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Contingent)

About 1241 Smith Ave

Excellent Investment Opportunity or Primary Residence! Home has 3 bedrooms and 1 bathroom. Low maintenance vinyl siding and large front porch, hardwood floors, big kitchen and spacious living area. This property is located near jobs and commerce and will stay in demand with the local tenant base. Home being sold as-is. Call me today !!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 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: West on Chelsea then a right on Bellevue then Right on Smith Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000

Tax Information:

  • Annual Amount: $333
  • 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

1241 Smith Ave vs Memphis

85 DAYS ON ROCKET

$25,000

-$175.1K Less

KEY TAKEAWAY

This property is $175.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10165248

Listing Office:

  • Office Name: Crye-Leike, Inc., 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: 4/30/2024, 11:25:17 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$333$4,600
2020$298$4,125
2019$298$4,125
2018$170$4,125
2017$175$4,125

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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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-3669945
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.44 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 $10,885. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1241 Smith Ave

What is the listing price of this property?

The listing price of 1241 Smith Ave property is $25,000.

What type of property is this?

The property 1241 Smith Ave is a house located in Memphis, Tennessee, 38107.

Is this property for sale now?

Accepting Backup Offers: 1241 Smith 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 1241 Smith 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 $333 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1241 Smith Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1241 Smith Ave is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38107›1241 Smith Ave

This home is located at 1241 Smith Ave in Memphis, TN and zip code 38107 in the New Chicago neighborhood. This home, which was built in 1930, sits on a 0.06 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 05, 2024 and is currently priced at $25,000.

Memphis, TN housing market in March 2024 saw over 82 listings sold above listed price, more than 107 sold at listed price and over 199 sold below. In March 2024 in Memphis, TN there were 16% more homes for sale than in February 2024.

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

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