3 months on rocket

6040 Winchester Rd, Memphis, TN, 38115

$89,900

0.88 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #10163333
Lot Size0.88 Acres
StatusActive

About 6040 Winchester Rd

Zoned Commercial this lot is in a prime location on one of the busiest streets in Memphis, Winchester Rd. Thousands of car pass by here daily. Zoning allows for office space, single tenant or mixed use. Great for Retail, Car Wash+More Property priced below tax appraisal for quick sale!

Property Details

Property Features

Listing Office:

  • Office Name: Braden, Braden & Braden LLC

Lot Features

Lot Information:

  • Lot: City Lot, Subdivision
  • Lot Size: 0.88 Acres

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Take Ridgeway to Winchester (right). Lot on right side next to McDonalds.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900

Tax Information:

  • Annual Amount: $4,941
  • 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

6040 Winchester Rd vs Memphis

115 DAYS ON ROCKET

$89,900

-$110.2K Less

KEY TAKEAWAY

This property is $110.2K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10163333

Listing Office:

  • Office Name: Braden, Braden & Braden LLC

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, 12:25:17 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

Mar 25, 2021Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,941$68,240
2020$6,179$68,240
2019$6,179$85,280
2018$3,505$85,280
2017$3,354$85,280

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-952024
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 9.99 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 $24,593. Residents of Memphis, TN typically earn less than $35k each year. The most common type of family is 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 6040 Winchester Rd

What is the listing price of this property?

The listing price of 6040 Winchester Rd property is $89,900.

What type of property is this?

The property 6040 Winchester Rd is land located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 6040 Winchester Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6040 Winchester 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 $4,941 (source: MLS/based on county public records data).

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

The last sale was on March 25, 2021 for $50,000. (source: MLS/tax record).

How much acreage is this property?

The property 6040 Winchester Rd is 0.88 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38115›6040 Winchester Rd

This home is located at 6040 Winchester Rd in Memphis, TN and zip code 38115. This home sits on a 0.88 acre lot. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $89,900.

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. Between February 2024 and March 2024, Memphis, TN real estate market has seen increase in the number of listings by 16%.

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

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