11 months on rocket

4350 Reed Ave, Memphis, TN, 38108

$95,000

Home List Price

$1,128*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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4350 Reed Ave, Memphis$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Front-Load Garage, Garage
Year Built1952
HeatingCentral
CoolingCentral Air
MLS #10148007
Lot Size0.16 Acres
StatusActive

About 4350 Reed Ave

Nice rental property to add to any portfolio current rent is being paid at 800 per month. Please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1952
  • Stories: 1

Listing Office:

  • Office Name: The Stamps Real Estate Company

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad, Front-Load Garage, Garage

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: From Chelsea at Warford, head East on Chelsea until you get to Wells Station, then turn right/South onto Wells Station, when you see Reed turn onto the street & look for 4350 Reed Avenue. Near Jerrys Snow Cone!

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000

Tax Information:

  • Annual Amount: $624
  • 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

4350 Reed Ave vs Memphis

348 DAYS ON ROCKET

$95,000

-$105.1K Less

KEY TAKEAWAY

This property is $105.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10148007

Listing Office:

  • Office Name: The Stamps Real Estate Company

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: 4/28/2024, 6:25:15 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

Sep 28, 2005Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$624$8,625
2020$474$6,550
2019$474$6,550
2018$269$6,550
2017$299$6,550

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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-1971947
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 1.24 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 $44,052. The majority of Memphis, TN residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4350 Reed Ave

What is the listing price of this property?

The listing price of 4350 Reed Ave property is $95,000.

What type of property is this?

The property 4350 Reed Ave is a house located in Memphis, Tennessee, 38108.

Is this property for sale now?

Active Listing: 4350 Reed 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 4350 Reed 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 $624 (source: MLS/based on county public records data).

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

The last sale was on September 28, 2005 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4350 Reed Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 4350 Reed Ave is 1952.

Rocket Homes›Tennessee›Shelby County›Memphis›38108›4350 Reed Ave

This home is located at 4350 Reed Ave in Memphis, TN and zip code 38108 in the Berclair neighborhood. This home, which was built in 1952, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 15, 2023 and is currently priced at $95,000.

Memphis, TN housing market in March 2024 saw over 82 listings sold above listed price, more than 107 sold at listed price and over 199 sold below. The number of listings in Memphis, TN increased by 16% between February 2024 and March 2024.

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

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