4 months on rocket

1461 N Merton St, Memphis, TN, 38108

$83,000

Home List Price

$986*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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1461 N Merton St, Memphis$83,000

Buyer Closing Credits

$986*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1951
HeatingNatural Gas
CoolingWindow Unit(s)
MLS #10163143
Lot Size0.13 Acres
StatusActive

About 1461 N Merton St

Home Currently Tenant Occupied~Rented for $850/Month~Please Do Not Disturb Tenants~Write Offer Contingent on Inspection~No Showings Without Accepted Offer

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1951
  • Stories: 1

Listing Office:

  • Office Name: Real Estate Agency

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Flooring Type: Part Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Iron Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: I40 to Chelsea Ave~Right on Chelsea Ave~Left on Merton~Home on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $83,000

Tax Information:

  • Annual Amount: $539
  • 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

1461 N Merton St vs Memphis

120 DAYS ON ROCKET

$83,000

-$117.1K Less

KEY TAKEAWAY

This property is $117.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10163143

Listing Office:

  • Office Name: Real Estate Agency

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: 4/27/2024, 2:25:16 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

Dec 22, 2020Home Sold
$69,000
May 08, 2019Home Sold
$24,000
Mar 30, 2006Home Sold
$13,500
Dec 17, 2001Home Sold
$39,900
Aug 15, 2000Home Sold
$15,000
Dec 23, 1998Home Sold
$28,000

Tax History

YEARPROP. TAXASSESSMENT
2021$539$7,450
2020$442$6,100
2019$442$6,100
2018$251$6,100
2017$284$6,100

History based on county public records data.

Payment Calculator

$482

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$315

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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-997334
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.07 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 $12,045. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1461 N Merton St

What is the listing price of this property?

The listing price of 1461 N Merton St property is $83,000.

What type of property is this?

The property 1461 N Merton St is a house located in Memphis, Tennessee, 38108.

Is this property for sale now?

Active Listing: 1461 N Merton 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 1461 N Merton 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 $539 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 22, 2020 for $69,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1461 N Merton St has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1461 N Merton St is 1951.

Rocket Homes›Tennessee›Shelby County›Memphis›38108›1461 N Merton St

This home is located at 1461 N Merton St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home, which was built in 1951, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $83,000.

While more than 82 listings in Memphis, TN in March 2024 were sold above asking price, there were more than 107 listings sold at asking price, and more than 199 were 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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