2 months on rocket

3718 Townes Ave, Memphis, TN, 38122

$118,000

Home List Price

$1,401*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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3718 Townes Ave, Memphis$118,000

Buyer Closing Credits

$1,401*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1930
HeatingCentral
CoolingCentral Air
MLS #10165911
Lot Size0.16 Acres
StatusActive

About 3718 Townes Ave

Welcome to this adorable 3 bedroom 1 bath newly renovated home. Perfect for families or as a buy and hold for investors. Fresh paint inside and out, and beaming new floors throughout. Updated kitchen with new cabinets and countertops. Completely renovated bathroom. Brand new HVAC system. And so much more!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: BHHS Taliesyn Realty

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Please reference GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $118,000

Tax Information:

  • Annual Amount: $556
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

3718 Townes Ave vs Memphis

72 DAYS ON ROCKET

$118,000

-$82.1K Less

KEY TAKEAWAY

This property is $82.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10165911

Listing Office:

  • Office Name: BHHS Taliesyn 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: 4/27/2024, 4:25:16 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$556$7,675
2020$431$5,950
2019$431$5,950
2018$245$5,950
2017$292$5,950

History based on county public records data.

Payment Calculator

$656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$420

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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-1407951
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 0.70 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,809. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3718 Townes Ave

What is the listing price of this property?

The listing price of 3718 Townes Ave property is $118,000.

What type of property is this?

The property 3718 Townes Ave is a house located in Memphis, Tennessee, 38122.

Is this property for sale now?

Active Listing: 3718 Townes 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 3718 Townes 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 $556 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3718 Townes Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 3718 Townes Ave is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38122›3718 Townes Ave

This home is located at 3718 Townes Ave in Memphis, TN and zip code 38122 in the Nutbush neighborhood. This home, which was built in 1930, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $118,000.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. 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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