21 days on rocket

2845 Nathan Ave, Memphis, TN, 38112

$79,900

Home List Price

$949*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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2845 Nathan Ave, Memphis$79,900

Buyer Closing Credits

$949*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1946
HeatingOther
CoolingOther
MLS #10169609
Lot Size0.15 Acres
StatusActive

About 2845 Nathan Ave

Tenant-occupied house in Binghampton - this area is growing very well and seeing huge spikes in rents and values! Currently occupied for $795/month but with updates and value-add, that can be $850-900. This is a great long-term hold for an investor as the area continues to get better and better with Broad Ave. expansion and new apartments nearby! Selling as an optional package(info in docs) & doing a 1031 Exchange. No assignment/seller-financing will be considered. Do not disturb tenants!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1946
  • Stories: 1

Listing Office:

  • Office Name: Memphis Metro Realty

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 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: Head east on Sam Cooper Blvd toward Collins St, then turn right at the 2nd cross street onto Carpenter St. Take a right onto Nathan Ave, the destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,900

Tax Information:

  • Annual Amount: $418
  • 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

2845 Nathan Ave vs Memphis

21 DAYS ON ROCKET

$79,900

-$120.2K Less

KEY TAKEAWAY

This property is $120.2K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10169609

Listing Office:

  • Office Name: Memphis Metro Realty

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, 12:55:15 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

Feb 20, 2019Home Sold
$945,000
Feb 15, 2005Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$418$5,775
2020$349$4,825
2019$349$4,825
2018$198$4,825
2017$212$4,825

History based on county public records data.

Payment Calculator

$466

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-3444759
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 3.05 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 $19,214. The majority of Memphis, TN residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2845 Nathan Ave

What is the listing price of this property?

The listing price of 2845 Nathan Ave property is $79,900.

What type of property is this?

The property 2845 Nathan Ave is a house located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 2845 Nathan 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 2845 Nathan 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 $418 (source: MLS/based on county public records data).

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

The last sale was on February 20, 2019 for $945,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2845 Nathan Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2845 Nathan Ave is 1946.

Rocket Homes›Tennessee›Shelby County›Memphis›38112›2845 Nathan Ave

This home is located at 2845 Nathan Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home, which was built in 1946, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $79,900.

In March 2024, from all listings sold in Memphis, TN there were more than 82 sold above asking price, over 199 sold below and more than 107 were sold right at the asked price. Between February 2024 and March 2024, Memphis, TN real estate market has seen increase in the number of listings by 16%.

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

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