25 days on rocket

Sale Pending

387 Pope St, Memphis, TN, 38112

$85,000

Home List Price

$1,009*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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387 Pope St, Memphis$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1961
HeatingNatural Gas, Other
CoolingOther
WaterfrontOther
MLS #10169338
StatusSale Pending
(Pending)

About 387 Pope St

Sold only as group of 6 duplexes for $510,000.00. Will not split up. As is-All cash. Low below market rents. Long term tenants. All duplexes owned by same family since construction. See docs and use our TAR forms. Do not disturb tenants. Contract contingent upon viewing after fully accepted offer. Seller's atty to hold EM. No blind offers, now wholesaler or assignment of contract offers will be accepted. This duplex is 100% occupied. Tenant furnishes air and appliances.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 1

Listing Office:

  • Office Name: J.D. Marks, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other (See REMARKS)
  • Interior: Unknown

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Brick Veneer, Other (See Remarks)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: NORTH OF SAM COOPER

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000

Tax Information:

  • Annual Amount: $1,141
  • 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

387 Pope St vs Memphis

25 DAYS ON ROCKET

$85,000

-$110.6K Less

KEY TAKEAWAY

This property is $110.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10169338

Listing Office:

  • Office Name: J.D. Marks, 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: 5/2/2024, 10:25:17 AM 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$1,141$15,760
2020$994$13,720
2019$994$13,720
2018$564$13,720
2017$533$13,720

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-4679004
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.85 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 $32,181. Most Memphis, TN residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38112›387 Pope St

This home is located at 387 Pope St in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home was built in 1961. It has been listed on Rocket Homes since April 07, 2024 and is currently priced at $85,000.

Memphis, TN housing market in April 2024 saw over 75 listings sold above listed price, more than 122 sold at listed price and over 272 sold below. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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