ParkingDriveway/Pad, Assigned Parking, Other (See REMARKS)
Year Built2019
HeatingDual System, Ceiling
CoolingCentral Air, Ceiling Fan(s), Dual
MLS #10169797
Lot Size0.07 Acres
StatusActive
About 3956 Allison Ave
Enjoy the charm of High Point Terrace without compromising on function and design! Gorgeous light spills in from the plentiful windows and large glass doors to your private fenced yard. The custom storage wall with built-in fireplace adds texture and warmth to this sleek space. Cool concrete floors down, warm oak hardwood up. A dedicated laundry and pantry keep your kitchen uncluttered and glamorous. The bedrooms each have private baths and walk-in closets. A high-quality house at a sweet price.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,914
Per Month
Principal & Interest
$1,747
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$100
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,116
Powered By
Advertisement
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
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school2.61 miles
Public District Grades 6-12
Nearby Schools
6
/10
Grahamwood Elementary School
3950 Summer Ave
Distance between this listing and this school0.38 miles
Public Magnet Grades PK-6
5
/10
Treadwell Elementary School
3538 Given Ave
Distance between this listing and this school1.22 miles
Public Magnet Grades KG-5
4
/10
Berclair Elementary School
810 N Perkins Rd
Distance between this listing and this school1.42 miles
Public District Grades PK-5
Nearby Schools
4
/10
Treadwell Middle School
920 N Highland St
Distance between this listing and this school1.24 miles
Public District Grades 6-8
2
/10
Kingsbury Middle School
1270 N Graham St
Distance between this listing and this school1.60 miles
Public District Grades 6-8
3
/10
Memphis Academy of Health Sciences
3925 Chelsea Ave Extended
Distance between this listing and this school2.34 miles
Public Charter Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school2.61 miles
Public District Grades 6-12
Nearby Schools
2
/10
Kingsbury High School
1270 N Graham St
Distance between this listing and this school1.60 miles
Public Magnet Grades 9-12
8
/10
East High School
3206 Poplar Ave
Distance between this listing and this school1.68 miles
The neighbors living near this home have an average income of $65,957. The most common annual income of people living in Memphis, TN is between $35k-100k. 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 3956 Allison Ave
What is the listing price of this property?
The listing price of 3956 Allison Ave property is $350,000.
What type of property is this?
The property 3956 Allison Ave is a house located in Memphis, Tennessee, 38122.
Is this property for sale now?
Active Listing: 3956 Allison 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 3956 Allison 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 $5,233 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 31, 2020 for $277,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3956 Allison Ave has 2 bedrooms and 2 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 3956 Allison Ave is 2019.
This home is located at 3956 Allison Ave in Memphis, TN and zip code 38122. This home, which was built in 2019, sits on a 0.07 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $350,000.
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 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.