4 years on rocket

3291 Thomas Street, Memphis, TN, 38127

$75,000

Home List Price

$891*

Closing Credit

0 Baths
House
Schools Nearby

Location

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3291 Thomas Street, Memphis$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Side-Load Garage
Year Built1949
HeatingOther
CoolingOther
MLS #10072452
Lot Size0.48 Acres
StatusActive

About 3291 Thomas Street

Former restaurant for sale on very prominent/busy street. Tons of national retailers on the same side of the street. Excellent opportunity for a restaurant, office, night club, etc. Buyer will need to confirm zoning, seller assumes no responsibility for intended use. This was bought via a tax sale--title insurance may not be available. Only pre-approved buyers. Online video tour available upon request. Property being sold as-is.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad, Side-Load Garage

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.48 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: Millington road headed south to Frayser Blvd, head West on Frayser Blvd, turn left to head south on Thomas St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
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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

3291 Thomas Street vs Memphis

1511 DAYS ON ROCKET

$75,000

-$125.1K Less

KEY TAKEAWAY

This property is $125.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10072452

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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: 4/29/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-2730663
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.84 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 $26,000. The most common annual income of people living in Memphis, TN is less than $35k. Most families are 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 3291 Thomas Street

What is the listing price of this property?

The listing price of 3291 Thomas Street property is $75,000.

What type of property is this?

The property 3291 Thomas Street is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 3291 Thomas Street is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3291 Thomas Street are:
Memphis Virtual School: GreatSchools Rating 1/10

Which year was this property built?

The year of construction for 3291 Thomas Street is 1949.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›3291 Thomas Street

This home is located at 3291 Thomas Street in Memphis, TN and zip code 38127 in the Frayser neighborhood. This home, which was built in 1949, sits on a 0.48 acre lot. It has been listed on Rocket Homes since March 09, 2020 and is currently priced at $75,000.

Memphis, TN housing market in March 2024 saw over 82 listings sold above listed price, more than 107 sold at listed price and over 199 sold below. The inventory of homes for sale in Memphis, TN between February 2024 and March 2024 increased by 16%.

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

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