5 months on rocket

2974 Alcorn Ave, Memphis, TN, 38112

$195,000

0.10 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #10161085
Lot Size0.10 Acres
StatusActive

About 2974 Alcorn Ave

8 Vacant Lots near Broad Avenue - Zoning is R-6 (Residential) Zoning could be changed. These Lots are located in Opportunity Zone 47157002800 Census Tract 28. Other lots on these streets are available as well. Great Opportunity to get a head start on assemblage of this block.

Property Details

Property Features

Listing Office:

  • Office Name: Garland Company Real Estate, L

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.10 Acres

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Broad Avenue and Tillman go north on Tillman and Alcorn is on the left side of street before Summer Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000

Tax Information:

  • Annual Amount: $81
  • 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

2974 Alcorn Ave vs Memphis

172 DAYS ON ROCKET

$195,000

-$677 Less

KEY TAKEAWAY

This property is $677 less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10161085

Listing Office:

  • Office Name: Garland Company Real Estate, L

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: 5/6/2024, 11:20:34 PM 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$81$1,125
2020$81$1,125
2019$81$1,125
2018 - $1,125

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-7210078
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.68 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. Residents of Memphis, TN typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2974 Alcorn Ave

What is the listing price of this property?

The listing price of 2974 Alcorn Ave property is $195,000.

What type of property is this?

The property 2974 Alcorn Ave is land located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 2974 Alcorn 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 2974 Alcorn 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 $81 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2974 Alcorn Ave is 0.10 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38112›2974 Alcorn Ave

This home is located at 2974 Alcorn Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $195,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. The number of listings in Memphis, TN increased by 13.1% between March 2024 and April 2024.

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

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