10 days on rocket

605 Patterson St, Memphis, TN, 38111

$1,275,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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605 Patterson St, Memphis$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete
Year Built1966
HeatingOther
CoolingOther
MLS #10170683
StatusActive

About 605 Patterson St

Please do not go on site without an appointment. Do not disturb tenants! Fully renovated property from top to bottom, walkable to the University of Memphis campus! Includes new roofs with 8-year warranty, new windows, new HVAC inside and out with new condensers, updated electrical, new stainless steel appliance packages including refrigerators, stoves, and vent hoods. The property also features new LVT flooring, new cabinets in kitchens and baths, along with new tile throughout.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 2

Listing Office:

  • Office Name: Woodyard Realty Corp

Interior Features

Interior Information:

  • Appliances: Refrigerator, Range, Oven
  • Flooring Type: Other (See Remarks)

Exterior Features

Exterior Information:

  • Exterior: Other (See Remarks)

Parking Information:

  • Parking: Concrete

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: South on Highland, left on Southern, right on Patterson

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000

Tax Information:

  • Annual Amount: $10,469
  • 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

605 Patterson St vs Memphis

10 DAYS ON ROCKET

$1,275,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10170683

Listing Office:

  • Office Name: Woodyard Realty Corp

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: 5/3/2024, 9:20:33 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

Sep 05, 2019Home Sold
$137,200

Tax History

YEARPROP. TAXASSESSMENT
2021$10,469$144,600
2020$3,976$54,880
2019$3,976$54,880
2018$2,256$54,880
2017$2,311$54,880

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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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-5589241
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.56 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 $36,045. Residents of Memphis, TN typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38111›605 Patterson St

This home is located at 605 Patterson St in Memphis, TN and zip code 38111 in the The University of Memphis neighborhood. This home was built in 1966. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,275,000.

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. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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