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Backup Offers

1531 Standridge St, Memphis, TN, 38108

$73,500

Home List Price

$873*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1531 Standridge St, Memphis$73,500

Buyer Closing Credits

$873*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1959
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #10162333
StatusAccepting Backup Offers
(Contingent)

About 1531 Standridge St

Investor special! Available to purchase as one property or in a package with up to 9 properties. Better than 1% rent! Start cash flowing right away! Currently renting for $450 and $475.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Head west on Chelsea Ave toward Fairfax St Turn right onto Standridge St Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $73,500

Tax Information:

  • Annual Amount: $640
  • 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

1531 Standridge St vs Memphis

149 DAYS ON ROCKET

$73,500

-$122.1K Less

KEY TAKEAWAY

This property is $122.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10162333

Listing Office:

  • Office Name: eXp 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: 5/6/2024, 5:20:32 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

May 03, 2017Home Sold
$18,000
Dec 06, 2011Home Sold
$15,000
Apr 23, 1999Home Sold
$32,000
Jun 29, 1998Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$640$8,840
2020$678$9,360
2019$678$9,360
2018$385$9,360
2017$336$9,360

History based on county public records data.

Payment Calculator

$434

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$287

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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-6825211
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 1.98 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. The most common annual income of people living in Memphis, TN is less than $35k. Most families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38108›1531 Standridge St

This home is located at 1531 Standridge St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home was built in 1959. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $73,500.

In April 2024, from all listings sold in Memphis, TN there were more than 75 sold above asking price, over 272 sold below and more than 122 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

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

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