585 S Reese St, Memphis, TN, 38111

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585 S Reese St, Memphis$250,000

Buyer Closing Credits

$2,969^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Carport

Year Built1924

HeatingCentral

CoolingCentral Air

MLS #10166355

Lot Size0.22 Acres

StatusActive

About 585 S Reese St

Awesome opportunity for investor or owner-occupant! So much bigger than it looks! Main floor features 1 bedroom, 1 full bathroom, LARGE living room, kitchen w/ gas cooking & huge breakfast area (could be hearth room). Upstairs there's a big bedroom/bonus room. The lower level is a full walkout basement with 2 bedrooms, full bathroom and laundry - rare for this area! HUGE fenced backyard & deck, plus charming front porch and driveway gate. Beautiful hardwood floors! Roof only 4 yrs old!

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Property Details

Property Features

Property Information:

• Architectural Style: Bungalow
• Year Built: 1924
• Stories: 1

Listing Office:

• Office Name: Real Estate Agency

Interior Features

Interior Information:

• Appliances: Range, Oven, Gas Range, Dishwasher, Refrigerator, Washer, Dryer
• Flooring Type: Part Hardwood, Tile
• Interior: Monitored Alarm

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Storage Building, Porch, Deck, Wood Fence

Parking Information:

• Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

• Lot: Few Trees, Level, Fencing
• Lot Size: 0.22 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 Poplar & Highland, head south on Highland. Turn right on Central, then left on Reese. Home will be on your right before the intersection at Southern.

Price Information

Listing Price Info

Price Summary:

• List Price: $250,000

Tax Information:

• Annual Amount: $4,518
• 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

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

585 S Reese St vs Memphis

66 DAYS ON ROCKET

$250,000

+$49.8K More

KEY TAKEAWAY

This property is $49.8K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

• MLS Number: #10166355

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: 4/28/2024, 3:25:16 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 23, 2009	Oct 23, 2009Home Sold	$185,000
Apr 15, 2005	Apr 15, 2005Home Sold	$164,400

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$4,518	$62,400
2020	$3,054	$42,150
2019	$3,054	$42,150
2018	$1,732	$42,150
2017	$1,276	$42,150

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38111›585 S Reese St

This home is located at 585 S Reese St in Memphis, TN and zip code 38111 in the East Buntyn neighborhood. This home, which was built in 1924, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $250,000.

In March 2024 more than 82 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 199 were sold below. The number of homes for sale in Memphis, TN increased by 16% between February 2024 and March 2024.

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