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2635 Hernando Rd, Memphis, TN, 38106

$350,000

6.12 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #10168779
Lot Size6.12 Acres
StatusActive

About 2635 Hernando Rd

Reduced for quick sale!! Attention all future developers and business owners, come check out this prime property located near the expressway. Zoned for employment, so the skies the limit of the potential businesses that can be established here like restaurants, retail services, medical facilities, offices, indoor and outdoor recreations, and so much more. Over 6 acres can be yours to buy and build your future businesses. Call LA for any questions.

Property Details

Property Features

Listing Office:

  • Office Name: BEST Real Estate Company

Lot Features

Lot Information:

  • Lot Size: 6.12 Acres

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Elvis Presley to Ferguson Rd to Hernando Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $1,694
  • 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

2635 Hernando Rd vs Memphis

37 DAYS ON ROCKET

$350,000

+$154.3K More

KEY TAKEAWAY

This property is $154.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10168779

Listing Office:

  • Office Name: BEST Real Estate Company

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: 5/4/2024, 6:20:32 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

Nov 29, 2017Home Sold
$125,000
Aug 24, 2007Home Sold
$284,212
Dec 21, 2005Home Sold
$395,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,694$23,400
2020$1,695$23,400
2019$1,695$23,400
2018$726$23,400
2017$1,460$17,675

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-5786168
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 8.91 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 $25,694. Residents of Memphis, TN typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2635 Hernando Rd

What is the listing price of this property?

The listing price of 2635 Hernando Rd property is $350,000.

What type of property is this?

The property 2635 Hernando Rd is land located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 2635 Hernando Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2635 Hernando Rd 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 $1,694 (source: MLS/based on county public records data).

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

The last sale was on November 29, 2017 for $125,000. (source: MLS/tax record).

How much acreage is this property?

The property 2635 Hernando Rd is 6.12 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38106›2635 Hernando Rd

This home is located at 2635 Hernando Rd in Memphis, TN and zip code 38106 in the Sixty Point Ward neighborhood. This home sits on a 6.12 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $350,000.

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. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

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

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