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1497 Ely St, Memphis, TN, 38106

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1497 Ely St, Memphis$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1959
HeatingCentral
CoolingCentral Air
ViewTrees/Woods
MLS #10167865
Lot Size0.08 Acres
StatusActive

About 1497 Ely St

Back on the Market!! At no fault of the Seller..Charming 3 bedroom/ 1 bath brick home in the heart of Memphis .Sturdy brick home nestled in a residential neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1959
  • Stories: 1

Listing Office:

  • Office Name: Fast Track Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Wooded Grounds, Chain Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Wooded, Few Trees, Fencing
  • Lot Size: 0.08 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: Turn left onto Park Ave Pass by Church's Texas Chicken (on the left in 0.7 mi) 2.1 mi Turn right onto Lamar Ave 0.2 mi Turn left onto S Pkwy E 3.0 mi Turn left onto Ely St Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000

Tax Information:

  • Annual Amount: $467
  • 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

1497 Ely St vs Memphis

43 DAYS ON ROCKET

$80,000

-$120.1K Less

KEY TAKEAWAY

This property is $120.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10167865

Listing Office:

  • Office Name: Fast Track Realty, 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: 4/27/2024, 12:25:17 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$467$6,450
2020$356$4,925
2019$356$4,925
2018$202$4,925
2017$236$4,925

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-1228447
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.87 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 $23,978. The majority of Memphis, TN residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1497 Ely St

What is the listing price of this property?

The listing price of 1497 Ely St property is $80,000.

What type of property is this?

The property 1497 Ely St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1497 Ely 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 1497 Ely 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 $467 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1497 Ely St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1497 Ely St is 1959.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1497 Ely St

This home is located at 1497 Ely St in Memphis, TN and zip code 38106. This home, which was built in 1959, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $80,000.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. The number of listings 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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