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1470 Monroe Ave, Memphis, TN, 38104

$450,000

Home List Price

$5,344*

Closing Credit

4 Bedrooms
4 Full Baths
House
Schools Nearby

Location

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1470 Monroe Ave, Memphis$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Gated Parking, Gate Clickers, Parking Lot
Year Built1920
HeatingCentral, Natural Gas, Electric, Dual System, Multi Unit(s)
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s)
BasementYes
FireplaceMasonry, In Den/Great Room
MLS #10171492
Lot Size0.31 Acres
StatusAccepting Backup Offers
(Contingent)

About 1470 Monroe Ave

Amazing multipurpose property in Midtown/Central Gardens area only blocks from Methodist University or UT Med/VA. Property perfectly placed between Downtown and Midtown. Currently is a Law office downstairs and apartment. The upstairs is currently a successful AirBnB check out on line reviews! Property also has a charming leased cottage. Property has 360 fencing with private parking and two automatic gates. So many tasteful renovations. Currently has a contract/contingent. Taking backup offers.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 2

Listing Office:

  • Office Name: BHHS Taliesyn Realty

Interior Features

Interior Information:

  • Appliances: Range, Oven, Cooktop, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Permanent Attic Stairs, Attic Access, Walk-In Attic, Mud Room, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Fireplace: Masonry, In Den/Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Porch, Courtyard

Parking Information:

  • Parking: Driveway/Pad, Gated Parking, Gate Clickers, Parking Lot

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric, Dual System, Multi Unit(s)
  • Cooling: Central Air, Ceiling Fan(s), Multi Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: West on Union. Right Mcneil property on corner of Monroe.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $7,854
  • 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

1470 Monroe Ave vs Memphis

15 DAYS ON ROCKET

$450,000

+$254.3K More

KEY TAKEAWAY

This property is $254.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10171492

Listing Office:

  • Office Name: BHHS Taliesyn Realty

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: 5/17/2024, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2016Home Sold
$227,900
Jul 06, 2015Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,854$108,480
2020$6,535$90,200
2019$6,535$90,200
2018$3,707$90,200
2017$3,370$90,200

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-2792889
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.19 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 $34,868. Residents of Memphis, TN typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1470 Monroe Ave

What is the listing price of this property?

The listing price of 1470 Monroe Ave property is $450,000.

What type of property is this?

The property 1470 Monroe Ave is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Accepting Backup Offers: 1470 Monroe 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 1470 Monroe 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 $7,854 (source: MLS/based on county public records data).

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

The last sale was on October 31, 2016 for $227,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1470 Monroe Ave has 4 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1470 Monroe Ave is 1920.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1470 Monroe Ave

This home is located at 1470 Monroe Ave in Memphis, TN and zip code 38104 in the Midtown neighborhood. This home, which was built in 1920, sits on a 0.31 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $450,000.

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. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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