4 months on rocket

Sale Pending

3551 Lanette Rd, Memphis, TN, 38109

$89,700

Home List Price

$1,065*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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3551 Lanette Rd, Memphis$89,700

Buyer Closing Credits

$1,065*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1957
HeatingCentral
CoolingWindow Unit(s)
BasementYes
MLS #10162932
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 3551 Lanette Rd

4 bedrooms and 1 1/2 bathrooms (Tax data is incorrect). New Roof, New Window AC units, brand new floors installed Feb 2024, and new cabinets in kitchen. Move in Ready. Prefer to sell as a packed deal with 3579 Lanette Rd (MLS#10162929), and 1656 W Shelby Dr (MLS#10162924). Willing to separate properties if desired.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1957
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From I-240 W toward Jackson Ms, Take exit 25B towards I-55 N toward St. Louis. Take exit 7 onto US-61 South toward Vicksburg. Right on E. MitchellRd, Left on Daggett, Right on Ashford, left on Lanette.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,700

Tax Information:

  • Annual Amount: $733
  • 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

3551 Lanette Rd vs Memphis

128 DAYS ON ROCKET

$89,700

-$110.4K Less

KEY TAKEAWAY

This property is $110.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10162932

Listing Office:

  • Office Name: Keller Williams

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, 1:25:17 PM 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 09, 2020Home Sold
$192,000
May 25, 2007Home Sold
$22,000

Tax History

YEARPROP. TAXASSESSMENT
2021$733$10,125
2020$663$9,150
2019$663$9,150
2018$376$9,150
2017$426$9,150

History based on county public records data.

Payment Calculator

$515

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$335

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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-1289274
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 11.81 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 $24,010. Typical income of Memphis, TN residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3551 Lanette Rd

What is the listing price of this property?

The listing price of 3551 Lanette Rd property is $89,700.

What type of property is this?

The property 3551 Lanette Rd is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Sale Pending: 3551 Lanette Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 3551 Lanette 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 $733 (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 9, 2020 for $192,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3551 Lanette Rd has 4 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3551 Lanette Rd is 1957.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›3551 Lanette Rd

This home is located at 3551 Lanette Rd in Memphis, TN and zip code 38109 in the Walker Homes neighborhood. This home, which was built in 1957, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $89,700.

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. The number of listings 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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