7 months on rocket

1966 Prospect St, Memphis, TN, 38106

$125,000

Home List Price

$1,484*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1966 Prospect St, Memphis$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1948
HeatingOther
CoolingOther
WaterfrontOther
MLS #10157273
Lot Size0.28 Acres
StatusActive

About 1966 Prospect St

Great Investment property. Will not go FHA/VA. Vacant. SELLING AS-IS Start from a gutted state where you can release your creative side and enjoy renovating and rehabilitating this property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1948
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Other
  • Lot Size: 0.28 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: Take I-240 to exit on Norris Rd, left on Hernando Rd, left on Norris Rd, right onto Prospect, property is on the right.... or Head west on S Pkwy E toward S Lauderdale St, left onto S. Lauderdale St, turn left onto Alton Ave, turn left onto

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $509
  • 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

1966 Prospect St vs Memphis

223 DAYS ON ROCKET

$125,000

-$70.6K Less

KEY TAKEAWAY

This property is $70.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10157273

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: 5/2/2024, 4:25:15 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 09, 2008Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$509$7,025
2020$478$6,600
2019$478$6,600
2018$271$6,600
2017$281$6,600

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-4532929
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 8.29 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,595. The most common annual income of people living in Memphis, TN is less than $35k. 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 1966 Prospect St

What is the listing price of this property?

The listing price of 1966 Prospect St property is $125,000.

What type of property is this?

The property 1966 Prospect St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1966 Prospect 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 1966 Prospect 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 $509 (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 9, 2008 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1966 Prospect St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1966 Prospect St is 1948.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1966 Prospect St

This home is located at 1966 Prospect St in Memphis, TN and zip code 38106 in the Longview Heights neighborhood. This home, which was built in 1948, sits on a 0.28 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 22, 2023 and is currently priced at $125,000.

In April 2024 more than 75 listings in Memphis, TN were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 272 were sold below. 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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