3 months on rocket

1718 Borden Dr, Memphis, TN, 38116

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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1718 Borden Dr, Memphis$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1963
HeatingCentral
CoolingCentral Air
BasementYes
MLS #10164353
Lot Size0.23 Acres
StatusActive

About 1718 Borden Dr

Great investment opportunity currently occupied! Current tenant is on a month to month lease paying $1,295 per month. Lease and Ledger available upon request. Professional property management is in place! All of the capex items including the roof, HVAC, and hot water heater were brand new in 2020. This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 1

Listing Office:

  • Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Patio

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Level
  • Lot Size: 0.23 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 I-55 go west on Shelby Dr, turn right on Millbranch, turn right on Borden, house is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

Tax Information:

  • Annual Amount: $2,344
  • 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

1718 Borden Dr vs Memphis

105 DAYS ON ROCKET

$175,000

-$20.6K Less

KEY TAKEAWAY

This property is $20.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10164353

Listing Office:

  • Office Name: Reedy & Company, 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: 5/7/2024, 4:20:33 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

Apr 21, 2020Home Sold
$126,900
Feb 10, 2020Home Sold
$75,000
Apr 30, 2013Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,344$32,375
2020$1,427$19,700
2019$1,427$19,700
2018$810$19,700
2017$827$19,700

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-7287437
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 10.46 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,059. Typical income of Memphis, TN residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1718 Borden Dr

What is the listing price of this property?

The listing price of 1718 Borden Dr property is $175,000.

What type of property is this?

The property 1718 Borden Dr is a house located in Memphis, Tennessee, 38116.

Is this property for sale now?

Active Listing: 1718 Borden Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1718 Borden Dr 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 $2,344 (source: MLS/based on county public records data).

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

The last sale was on April 21, 2020 for $126,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1718 Borden Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1718 Borden Dr is 1963.

Rocket Homes›Tennessee›Shelby County›Memphis›38116›1718 Borden Dr

This home is located at 1718 Borden Dr in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. This home, which was built in 1963, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $175,000.

While more than 75 listings in Memphis, TN in April 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 272 were sold below. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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