17 days on rocket

227 S Reese St, Memphis, TN, 38111

$224,900

Home List Price

$2,671*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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227 S Reese St, Memphis$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1939
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceMasonry, In Living Room
MLS #10169922
Lot Size0.19 Acres
StatusActive

About 227 S Reese St

Charm and quality from another era abounds from the exterior English styling to the light-filled interior 2BR, 1 Renovated Bath! 9’ Smooth Ceilings! Hardwoods! Living Room w/Fireplace (current owner never used)! Flex Room off Living Room could be office, study, etc. Recessed lighting in LR & Kitchen w/15 Cabinets! Newer driveway and patio. Stackable Washer/Dryer & Refrigerator. Covered Patio.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1939
  • Stories: 1

Listing Office:

  • Office Name: Marx-Bensdorf, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Gas Range
  • Flooring Type: Hardwood Throughout, Tile
  • Fireplace: Masonry, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Covered Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Take Central from Highland and then right/north on Reese. The house will be on your left... or take Poplar from Highland and then left/south on Reese just South of Joffre.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900

Tax Information:

  • Annual Amount: $3,593
  • Tax Year: 2021
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

227 S Reese St vs Memphis

17 DAYS ON ROCKET

$224,900

+$24.7K More

KEY TAKEAWAY

This property is $24.7K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10169922

Listing Office:

  • Office Name: Marx-Bensdorf, 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: 4/29/2024, 10:25:16 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

Jun 24, 2019Home Sold
$190,000
Jul 19, 2007Home Sold
$139,000
Aug 26, 2004Home Sold
$127,900
May 04, 2001Home Sold
$119,200

Tax History

YEARPROP. TAXASSESSMENT
2021$3,593$49,625
2020$2,882$39,775
2019$2,882$39,775
2018$1,635$39,775
2017$1,474$39,775

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-3376976
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 3.89 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,246. Typical income of Memphis, TN residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 227 S Reese St

What is the listing price of this property?

The listing price of 227 S Reese St property is $224,900.

What type of property is this?

The property 227 S Reese St is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 227 S Reese 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 227 S Reese 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 $3,593 (source: MLS/based on county public records data).

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

The last sale was on June 24, 2019 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 227 S Reese St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 227 S Reese St is 1939.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›227 S Reese St

This home is located at 227 S Reese St in Memphis, TN and zip code 38111 in the Joffre Area neighborhood. This home, which was built in 1939, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $224,900.

While more than 82 listings in Memphis, TN in March 2024 were sold above asking price, there were more than 107 listings sold at asking price, and more than 199 were sold below. In March 2024 in Memphis, TN there were 16% more homes for sale than in February 2024.

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

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