397 Carbon Rd, Memphis, TN, 38109

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397 Carbon Rd, Memphis$99,900

Buyer Closing Credits

$1,186^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1961

HeatingCentral

CoolingCentral Air

BasementYes

MLS #10170620

Lot Size0.20 Acres

StatusActive

About 397 Carbon Rd

Incredible Investment Opportunity! This property is currently occupied by a tenant that is on a lease from 3/26/2024 until 3/31/2025. The current tenant is paying $850 per month. This property is currently being professionally managed by Reedy and Company who just completed a fresh turnover before the tenant moved in. Now showings without an accepted offer. No wholesale or assignment.

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Property Details

Property Features

Property Information:

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

Listing Office:

• Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

• Basement: Yes
• Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Wrought Iron Security Drs

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Few Trees, Level
• Lot Size: 0.20 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: From New Horn Lake Rd go west on W Mitchell Rd, turn left on Rochester Rd, turn right on Carbon Rd, house is on the left

Price Information

Listing Price Info

Price Summary:

• List Price: $99,900

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.

Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

397 Carbon Rd vs Memphis

11 DAYS ON ROCKET

$99,900

-$95.7K Less

KEY TAKEAWAY

This property is $95.7K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10170620

Listing Office:

• Office Name: Reedy & Company, 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: 5/3/2024, 9:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Oct 14, 2021	Oct 14, 2021Home Sold	$58,000
Nov 09, 2020	Nov 09, 2020Home Sold	$192,000
May 25, 2007	May 25, 2007Home Sold	$55,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$733	$10,125
2020	$565	$7,800
2019	$565	$7,800
2018	$321	$7,800
2017	$299	$7,800

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38109›397 Carbon Rd

This home is located at 397 Carbon Rd in Memphis, TN and zip code 38109 in the Walker Homes neighborhood. This home, which was built in 1961, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $99,900.

In April 2024 more than 75 listings in Memphis, TN were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 272 were 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.