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Backup Offers

1871 Thrift Ave, Memphis, TN, 38127

$15,000

Home List Price

$178*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1871 Thrift Ave, Memphis$15,000

Buyer Closing Credits

$178*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1943
HeatingOther
CoolingOther
WaterfrontOther
MLS #10158698
Lot Size0.33 Acres
StatusAccepting Backup Offers
(Contingent)

About 1871 Thrift Ave

The house was destroyed by fire. This 3br/1 bath single-family home is in the 38127 area. No wholesaler offers or offers with assignment of contract language will be accepted.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1943
  • Stories: 1

Listing Office:

  • Office Name: CrestCore Realty MphsBrokerage

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.33 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: Turn off Watkins Ave to Thrift Ave. House is on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,000

Tax Information:

  • Annual Amount: $1,138
  • 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

1871 Thrift Ave vs Memphis

200 DAYS ON ROCKET

$15,000

-$185.1K Less

KEY TAKEAWAY

This property is $185.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10158698

Listing Office:

  • Office Name: CrestCore Realty MphsBrokerage

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: 4/30/2024, 3:25:15 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 16, 2021Home Sold
$55,000
Sep 18, 2012Home Sold
$29,000
Aug 31, 2012Home Sold
$10,500
Feb 17, 2000Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,138$15,725
2020$893$12,325
2019$893$12,325
2018$507$12,325
2017$530$12,325

History based on county public records data.

Payment Calculator

$142

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$111

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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-3504970
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.26 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,239. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1871 Thrift Ave

What is the listing price of this property?

The listing price of 1871 Thrift Ave property is $15,000.

What type of property is this?

The property 1871 Thrift Ave is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Accepting Backup Offers: 1871 Thrift Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1871 Thrift 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 $1,138 (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 16, 2021 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1871 Thrift Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1871 Thrift Ave is 1943.

Rocket HomesTennesseeShelby CountyMemphis381271871 Thrift Ave

This home is located at 1871 Thrift Ave in Memphis, TN and zip code 38127 in the Alta Vista neighborhood. This home, which was built in 1943, sits on a 0.33 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 12, 2023 and is currently priced at $15,000.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between February 2024 and March 2024 increased by 16%.

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

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