1 month on rocket

655 N Merton Ave, Memphis, TN, 38112

$91,000

Home List Price

$1,081*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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655 N Merton Ave, Memphis$91,000

Buyer Closing Credits

$1,081*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1940
HeatingNatural Gas, Other, Baseboard
CoolingNone
MLS #10168031
Lot Size0.14 Acres
StatusActive

About 655 N Merton Ave

Terrific property for 100K. Updated in many ways- new roof, new windows, fresh paint inside and out. Awesome house in great Memphis location Does not have central heat and air (gas wall heater and electric baseboard heat.) This house would make a great starter home or could be a solid rental.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Part Hardwood, Other (See REMARKS)

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, Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other, Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Head east on Summer from N. Parkway. From the intersection of Summer and Merton go north on Merton and the house will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $91,000
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Housing Market Comparison

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

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

655 N Merton Ave vs Memphis

42 DAYS ON ROCKET

$91,000

-$109.1K Less

KEY TAKEAWAY

This property is $109.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10168031

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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, 4:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$522

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$339

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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-1392292
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.86 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,628. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 655 N Merton Ave

What is the listing price of this property?

The listing price of 655 N Merton Ave property is $91,000.

What type of property is this?

The property 655 N Merton Ave is a house located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 655 N Merton 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 655 N Merton Ave are:
Memphis Virtual School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 655 N Merton Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 655 N Merton Ave is 1940.

Rocket Homes›Tennessee›Shelby County›Memphis›38112›655 N Merton Ave

This home is located at 655 N Merton Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home, which was built in 1940, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $91,000.

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 inventory of homes for sale in Memphis, TN between February 2024 and March 2024 increased by 16%.

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

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