2 months on rocket

1615 S Wellington St, Memphis, TN, 38106

$57,500

Home List Price

$683*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1615 S Wellington St, Memphis$57,500

Buyer Closing Credits

$683*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1926
HeatingCentral
CoolingCentral Air
MLS #10166094
StatusActive

About 1615 S Wellington St

Are you looking to ad to your investment portfolio? This all brick home would be a great addition to an investment portfolio. Located in a historic area this home is priced to sale. A great 1st home for a family or a nice quiet neighborhood for someone looking to retire. This is a AS IS sale. Home needs a little TLC.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1926
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

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 East 40 west to 40 west/little rock (exit 10b) to 69 south (Exit 1E) to South Parkway (Exit 28 B) Right on S Pkwy E Left on South Wellington St. Destination on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $57,500

Tax Information:

  • Annual Amount: $606
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

1615 S Wellington St vs Memphis

70 DAYS ON ROCKET

$57,500

-$142.6K Less

KEY TAKEAWAY

This property is $142.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10166094

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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, 3:25:18 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$606$8,375
2020$559$7,725
2019$559$7,725
2018$318$7,725
2017$328$7,725

History based on county public records data.

Payment Calculator

$354

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$239

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NMLS#3030

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-1372767
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 8.22 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,978. Typical income of Memphis, TN residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1615 S Wellington St

What is the listing price of this property?

The listing price of 1615 S Wellington St property is $57,500.

What type of property is this?

The property 1615 S Wellington St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1615 S Wellington 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 1615 S Wellington 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 $606 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1615 S Wellington St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1615 S Wellington St is 1926.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1615 S Wellington St

This home is located at 1615 S Wellington St in Memphis, TN and zip code 38106. This home was built in 1926. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $57,500.

Memphis, TN housing market in March 2024 saw over 82 listings sold above listed price, more than 107 sold at listed price and over 199 sold below. Between February 2024 and March 2024, Memphis, TN real estate market has seen increase in the number of listings by 16%.

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

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