3 months on rocket

2545 Spottswood Ave, Memphis, TN, 38114

$84,000

Home List Price

$998*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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2545 Spottswood Ave, Memphis$84,000

Buyer Closing Credits

$998*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1915
HeatingCentral
CoolingCentral Air
MLS #10163647
Lot Size0.06 Acres
StatusActive

About 2545 Spottswood Ave

Totally Renovated from Top to Bottom. This home is occupied by the MHA Tenant , will be rented for $1000 Section 8, waiting on Approval as of 4/26/24. Property cannot be shown without Seller Accepted Offer. Cash Or Conventional Loan. Cash Buyers Must Show Proof of Funds, Mustbe Pre Approved to Show. *** This purchase is for an Investor ONLY*** Being SOLD as INVESTMENT PROPERTY. Perfect for DSCR LOAN Option. ***DO NOT DISTURB TENANT*** Pics prior to Tenant Move in.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Stories: 1

Listing Office:

  • Office Name: Zach Taylor Real Estate

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 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 Elvis Presley , make a right on E Person Ave, Turn Left on Rozelle, Turn Right on S Parkway E , Stay on there , continue to Spottswood , house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,000

Tax Information:

  • Annual Amount: $259
  • 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

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

2545 Spottswood Ave vs Memphis

116 DAYS ON ROCKET

$84,000

-$111.6K Less

KEY TAKEAWAY

This property is $111.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10163647

Listing Office:

  • Office Name: Zach Taylor Real Estate

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: 5/3/2024, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$259$3,575
2020$208$2,875
2019$208$2,875
2018$118$2,875
2017$130$2,875

History based on county public records data.

Payment Calculator

$487

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$318

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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-5259140
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.15 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 $22,542. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2545 Spottswood Ave

What is the listing price of this property?

The listing price of 2545 Spottswood Ave property is $84,000.

What type of property is this?

The property 2545 Spottswood Ave is a house located in Memphis, Tennessee, 38114.

Is this property for sale now?

Active Listing: 2545 Spottswood 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 2545 Spottswood 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 $259 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2545 Spottswood Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2545 Spottswood Ave is 1915.

Rocket Homes›Tennessee›Shelby County›Memphis›38114›2545 Spottswood Ave

This home is located at 2545 Spottswood Ave in Memphis, TN and zip code 38114 in the Orange Mound neighborhood. This home, which was built in 1915, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 07, 2024 and is currently priced at $84,000.

In April 2024, from all listings sold in Memphis, TN there were more than 75 sold above asking price, over 272 sold below and more than 122 were sold right at the asked price. In April 2024 in Memphis, TN there were 13.1% more homes for sale than in March 2024.

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

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