3 months on rocket

497 Walker Ave, Memphis, TN, 38126

$40,000

Home List Price

$475*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

497 Walker Ave, Memphis$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1917
HeatingOther
CoolingNone
MLS #10163705
Lot Size0.18 Acres
StatusActive

About 497 Walker Ave

This house needs to be gutted and renovated. the ARV is around $175,000. This house is an up and coming are in South Memphis (Soulsville.) You have renovations and new constructions popping up all around the area.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1917
  • Stories: 1

Listing Office:

  • Office Name: The Bailey Company Realty, Inc

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From I-40 take S Crump exit. From Crump head east and turn south on S Bellevue Blvd. From Bellevue Blvd turn west on Walker Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000

Tax Information:

  • Annual Amount: $434
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Memphis, TN.

Map thumbnail provided by MapBox

Memphis, TN

City

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

497 Walker Ave vs Memphis

109 DAYS ON ROCKET

$40,000

-$160.1K Less

KEY TAKEAWAY

This property is $160.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10163705

Listing Office:

  • Office Name: The Bailey Company Realty, Inc

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: 4/27/2024, 12:55:17 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$434$6,000
2020$306$4,225
2019$306$4,225
2018$174$4,225
2017$185$4,225

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

Powered By

Rocket Mortgage

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

school-card-donut-983244
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.45 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 $25,116. The majority of Memphis, TN residents have income less than $35k 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 497 Walker Ave

What is the listing price of this property?

The listing price of 497 Walker Ave property is $40,000.

What type of property is this?

The property 497 Walker Ave is a house located in Memphis, Tennessee, 38126.

Is this property for sale now?

Active Listing: 497 Walker 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 497 Walker 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 $434 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 497 Walker Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 497 Walker Ave is 1917.

Rocket Homes›Tennessee›Shelby County›Memphis›38126›497 Walker Ave

This home is located at 497 Walker Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. This home, which was built in 1917, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $40,000.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. 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.

More Resources