7 months on rocket

1712 Corning Ave, Memphis, TN, 38127

$89,000

Home List Price

$1,057*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1712 Corning Ave, Memphis$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1961
HeatingOther
CoolingOther
MLS #10155260
Lot Size0.19 Acres
StatusActive

About 1712 Corning Ave

Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $895 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 1

Listing Office:

  • Office Name: Pinnacle Realty

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Smooth Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: CORNING AVE. WEST OF N. WATKINS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000

Tax Information:

  • Annual Amount: $561
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$200K

# of Sold Homes

346

1712 Corning Ave vs Memphis

216 DAYS ON ROCKET

$89,000

-$111K Less

KEY TAKEAWAY

This property is $111K less than the Median Sold Price in Memphis, TN.

Based on homes sold in February 2024

MLS Details

MLS Information:

  • MLS Number: #10155260

Listing Office:

  • Office Name: Pinnacle 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: 3/28/2024, 9:20:22 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

Mar 23, 2017Home Sold
$190,000
Dec 19, 2006Home Sold
$26,000
Apr 20, 2004Home Sold
$17,500

Tax History

YEARPROP. TAXASSESSMENT
2021$561$7,750
2020$512$7,075
2019$512$7,075
2018$291$7,075
2017$317$7,075

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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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-7737425
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.99 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,773. Residents of Memphis, TN typically earn between $35k-100k each year. The most common type of family is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Frayser, Memphis

What type of housing is available in Frayser, Memphis?

Single detached homes are the most common housing type, representing the majority of dwellings in Frayser, while small apartment buildings are also present in the housing stock. This neighborhood offers mainly two bedroom and three bedroom homes. Roughly two thirds of the dwellings in the neighborhood are occupied by renters and owners occupy the remainder. This part of Memphis experienced its biggest building boom pre-1960, so most of the available homes are from this era.

Is Frayser, Memphis a good place to live?

People who prefer a slower-paced ambience will enjoy Frayser. It is easy to access parks from the majority of locations in the neighborhood and there are a few of them close by for residents to unwind in. This part of the city is also reasonably quiet, as there are low levels of noise from traffic - however some areas can be quite loud, especially around the railway line, Interstate 40 or the airport (General DeWitt Spain Airport).

Are things conveniently located in Frayser, Memphis?

It is convenient to get to the nearest grocery store by walking from anywhere in Frayser. There are also a few options for those who value nearby restaurants. When it comes to education, it is a reasonably short walk to access both primary and secondary schools from any location in Frayser. Locals can choose between public and private elementary schools.

What does the transportation in Frayser, Memphis look like?

Cars are a great transportation option in this area. Accessing a place to park is generally easy. Traveling on foot is not very convenient for house buyers in this area because very few common errands can be run without the use of a vehicle.

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Frequently Asked Questions About 1712 Corning Ave

What is the listing price of this property?

The listing price of 1712 Corning Ave property is $89,000.

What type of property is this?

The property 1712 Corning Ave is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 1712 Corning Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1712 Corning 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 $561 (source: MLS/based on county public records data).

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

The last sale was on March 23, 2017 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1712 Corning Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1712 Corning Ave is 1961.

Rocket HomesTennesseeShelby CountyMemphis381271712 Corning Ave

This home is located at 1712 Corning Ave in Memphis, TN and zip code 38127 in the Frayser neighborhood. This home, which was built in 1961, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 26, 2023 and is currently priced at $89,000.

Over 62 listings were sold over their listed price in February 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 85 listings were sold for the listed price. Between January 2024 and February 2024, Memphis, TN real estate market has seen increase in the number of listings by 17.2%.

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

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