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3840 Mimosa Ave, Memphis, TN, 38111

$574,900

Home List Price

$6,827*

Closing Credit

3 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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3840 Mimosa Ave, Memphis$574,900

Buyer Closing Credits

$6,827*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s), Workshop(s), Front-Load Garage, Gated Parking, Garage
Year Built1950
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceMasonry, Vented Gas Fireplace, In Living Room, Gas Logs
ViewOther
MLS #10168434
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Contingent)

About 3840 Mimosa Ave

Located in Highpoint Terrace,this home has been updated throughout. Cooks kitchen w/large island,gas cooking,custom cabinets,& quartzite countertops.Large living room w/gas log fireplace,shiplap walls & hardwood floors create an inviting & comfortable space.All bedrooms down.Primary suite w/just renovated ensuite bathroom,lots of closet space.Home has a second primary suite w/jetted tub. Upstairs bonus space can be used as additional 4th bedroom w/attached office/craft rm.Sep garage & elec gate

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Hobson, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Part Hardwood, Part Carpet, Smooth Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Mud Room
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, Gas Logs

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Patio, Wood Fence

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), Workshop(s), Front-Load Garage, Gated Parking, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Landscaped, Fencing
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Walnut Grove, turn on Highpoint Terrace, then make a right on Mimosa. House will be on the left near the end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,900

Tax Information:

  • Annual Amount: $6,424
  • 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

3840 Mimosa Ave vs Memphis

37 DAYS ON ROCKET

$574,900

+$374.7K More

KEY TAKEAWAY

This property is $374.7K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10168434

Listing Office:

  • Office Name: Hobson, 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, 4:25:15 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

Aug 03, 2018Home Sold
$318,000
Jun 16, 2016Home Sold
$330,000
Aug 07, 2009Home Sold
$151,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,424$88,725
2020$5,950$82,125
2019$5,950$82,125
2018$3,375$82,125
2017$3,394$82,125

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-2880845
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.90 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 $78,365. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3840 Mimosa Ave

What is the listing price of this property?

The listing price of 3840 Mimosa Ave property is $574,900.

What type of property is this?

The property 3840 Mimosa Ave is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Accepting Backup Offers: 3840 Mimosa 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 3840 Mimosa 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 $6,424 (source: MLS/based on county public records data).

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

The last sale was on August 3, 2018 for $318,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3840 Mimosa Ave has 3 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 3840 Mimosa Ave is 1950.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›3840 Mimosa Ave

This home is located at 3840 Mimosa Ave in Memphis, TN and zip code 38111 in the High Point Terrace neighborhood. This home, which was built in 1950, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $574,900.

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. In March 2024 in Memphis, TN there were 16% more homes for sale than in February 2024.

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

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