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4860 Cottonwood Rd, Memphis, TN, 38118

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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4860 Cottonwood Rd, Memphis$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1965
HeatingCentral
CoolingCentral Air
BasementYes
MLS #10165959
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Contingent)

About 4860 Cottonwood Rd

Great 3BR/2BA Home~Large Great Room w/Fireplace~Separate Living Room & Dining Room~Eat-In Kitchen with Lots of CabinetSpace~Primary Bedroom w/En-Suite Full Bath~Two Additional Bedrooms + Full Bath~Laundry Room Off Kitchen~Garage Converted for Extra Space~Fenced-In Backyard

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1965
  • Stories: 1

Listing Office:

  • Office Name: Real Estate Agency

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Part Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.19 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: South on Perkins Rd~Left on Cottonwood Rd~Home on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000

Tax Information:

  • Annual Amount: $1,808
  • 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

4860 Cottonwood Rd vs Memphis

77 DAYS ON ROCKET

$140,000

-$55.6K Less

KEY TAKEAWAY

This property is $55.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10165959

Listing Office:

  • Office Name: Real Estate Agency

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, 5:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2009Home Sold
$75,000
Oct 02, 2006Home Sold
$66,820

Tax History

YEARPROP. TAXASSESSMENT
2021$1,808$24,975
2020$1,260$17,400
2019$1,260$17,400
2018$715$17,400
2017$524$17,400

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-4858974
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.96 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 $56,250. Residents of Memphis, TN typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4860 Cottonwood Rd

What is the listing price of this property?

The listing price of 4860 Cottonwood Rd property is $140,000.

What type of property is this?

The property 4860 Cottonwood Rd is a house located in Memphis, Tennessee, 38118.

Is this property for sale now?

Accepting Backup Offers: 4860 Cottonwood Rd 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 4860 Cottonwood Rd 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 $1,808 (source: MLS/based on county public records data).

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

The last sale was on June 19, 2009 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4860 Cottonwood Rd has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 4860 Cottonwood Rd is 1965.

Rocket Homes›Tennessee›Shelby County›Memphis›38118›4860 Cottonwood Rd

This home is located at 4860 Cottonwood Rd in Memphis, TN and zip code 38118 in the Southeast Memphis neighborhood. This home, which was built in 1965, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $140,000.

In April 2024, from all listings sold in Memphis, TN there were more than 75 sold above asking price, over 272 sold below and more than 122 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

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

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