20 days on rocket

1561 Arcadia St, Memphis, TN, 38119

$395,000

Home List Price

$4,691*

Closing Credit

5 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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1561 Arcadia St, Memphis$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s)
Year Built1965
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceIn Living Room
ViewOther
MLS #10169899
Lot Size0.22 Acres
StatusActive

About 1561 Arcadia St

This spacious 5-bedroom home in Colonial Acres gives you everything you need! This home is updated with a new primary walk-in closet that is HUGE! Other updates include a fence as well as a newer HVAC, and water heater. Modernized bathrooms and kitchen add flair, while a peaceful backyard patio invites relaxation. Ideal for families seeking convenience near schools and restaurants in a beautiful established neighborhood. Come experience comfort and charm for your family firsthand!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1965
  • Stories: 1

Listing Office:

  • Office Name: Adaro Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile
  • Fireplace: In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Storage Building, Patio, Covered Patio, Wood Fence

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s)

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Fencing
  • Lot Size: 0.22 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: From Quince, turn south onto Hayne, then left on Timmons. Then turn right on Arcadia and the house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000

Tax Information:

  • Annual Amount: $4,710
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

1561 Arcadia St vs Memphis

20 DAYS ON ROCKET

$395,000

+$199.3K More

KEY TAKEAWAY

This property is $199.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10169899

Listing Office:

  • Office Name: Adaro Realty, Inc.

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: 5/1/2024, 8:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 07, 2021Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,710$65,050
2020$3,755$51,825
2019$3,755$51,825
2018$2,130$51,825
2017$1,967$51,825

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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-4374251
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.13 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,333. The majority of Memphis, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1561 Arcadia St

What is the listing price of this property?

The listing price of 1561 Arcadia St property is $395,000.

What type of property is this?

The property 1561 Arcadia St is a house located in Memphis, Tennessee, 38119.

Is this property for sale now?

Active Listing: 1561 Arcadia 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 1561 Arcadia 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 $4,710 (source: MLS/based on county public records data).

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

The last sale was on May 7, 2021 for $290,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1561 Arcadia St has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1561 Arcadia St is 1965.

Rocket Homes›Tennessee›Shelby County›Memphis›38119›1561 Arcadia St

This home is located at 1561 Arcadia St in Memphis, TN and zip code 38119 in the Sea Isle Park neighborhood. This home, which was built in 1965, sits on a 0.22 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $395,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 13.1% between March 2024 and April 2024.

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

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