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Backup Offers

2966 Yale Ave, Memphis, TN, 38112

$475,000

Home List Price

$5,641*

Closing Credit

0 Baths
Townhouse
Schools Nearby

Location

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2966 Yale Ave, Memphis$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOffsite/Street
Year Built1960
HeatingOther
CoolingOther
BasementYes
MLS #10168139
StatusAccepting Backup Offers
(Contingent)

About 2966 Yale Ave

8 available units, each 2 bedroom, 1 bath, ready for renovations to be completed. New roof in 2021.

Property Details

Property Features

Property Information:

  • Year Built: 1960

Listing Office:

  • Office Name: REMAX Experts

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Offsite/Street

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From I-40 West heading toward Little Rock take the Sam Cooper Blvd. exit, turn left onto Tillman St., Right onto Yale Ave. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $4,402
  • 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

2966 Yale Ave vs Memphis

39 DAYS ON ROCKET

$475,000

+$274.8K More

KEY TAKEAWAY

This property is $274.8K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10168139

Listing Office:

  • Office Name: REMAX Experts

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: 4/27/2024, 10:25:19 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

Oct 05, 2017Home Sold
$60,000
Jan 12, 2011Home Sold
$46,772
Aug 26, 2003Home Sold
$64,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,402$60,800
2020$4,191$57,840
2019$4,191$57,840
2018$2,377$57,840
2017$2,452$57,840

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-1169480
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.96 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 most common annual income of people living in Memphis, TN is less than $35k. Typical family type is 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 2966 Yale Ave

What is the listing price of this property?

The listing price of 2966 Yale Ave property is $475,000.

What type of property is this?

The property 2966 Yale Ave is a townhouse located in Memphis, Tennessee, 38112.

Is this property for sale now?

Accepting Backup Offers: 2966 Yale Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2966 Yale 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 $4,402 (source: MLS/based on county public records data).

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

The last sale was on October 5, 2017 for $60,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2966 Yale Ave is 1960.

Rocket Homes›Tennessee›Shelby County›Memphis›38112›2966 Yale Ave

This home is located at 2966 Yale Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home was built in 1960. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $475,000.

In March 2024 more than 82 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 199 were sold below. The number of homes for sale in Memphis, TN increased by 16% between February 2024 and March 2024.

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

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