14 days on rocket

1248 Neptune St, Memphis, TN, 38106

$85,000

Home List Price

$1,009*

Closing Credit

4 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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1248 Neptune St, 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 Built1930
HeatingOther
CoolingWindow Unit(s)
MLS #10170079
Lot Size0.17 Acres
StatusActive

About 1248 Neptune St

Buyer got cold feet. Terrific investment opportunity. New construction/development literally ACROSS THE STREET! Brick 4 bedroom 3 bathroom home with TWO FULL KITCHENS (attached in-law suite /guest accommodations), separate den and separate dining room. Property needs some work but could be worth a lot more money! Covered parking. Low maintenance stone and brick exterior.

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 Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Chain Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From McLemore, R on Neptune, home on L

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000

Tax Information:

  • Annual Amount: $646
  • 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

1248 Neptune St vs Memphis

14 DAYS ON ROCKET

$85,000

-$115.1K Less

KEY TAKEAWAY

This property is $115.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10170079

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: 4/29/2024, 7:25:16 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$646$8,925
2020$583$8,050
2019$583$8,050
2018$331$8,050
2017$357$8,050

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-3302220
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.16 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 $22,831. Most Memphis, TN residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1248 Neptune St

What is the listing price of this property?

The listing price of 1248 Neptune St property is $85,000.

What type of property is this?

The property 1248 Neptune St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1248 Neptune St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1248 Neptune St 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 $646 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1248 Neptune St has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1248 Neptune St is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1248 Neptune St

This home is located at 1248 Neptune St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. This home, which was built in 1930, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $85,000.

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. 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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