3 months on rocket

665 E Pontotoc Ave, Memphis, TN, 38126

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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665 E Pontotoc Ave, Memphis$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt/Blacktop
Year Built1967
HeatingWall Furnace
CoolingWall/Window Unit(s)
BasementYes
MLS #10163331
StatusActive

About 665 E Pontotoc Ave

Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Stories: 2

Listing Office:

  • Office Name: Braden, Braden & Braden LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Asphalt/Blacktop

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From FedEx Forum keep east on MLK Ave, turn right on Oleans then left on Pontotoc Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $1,350
  • 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

665 E Pontotoc Ave vs Memphis

115 DAYS ON ROCKET

$650,000

+$449.8K More

KEY TAKEAWAY

This property is $449.8K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10163331

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, 6:25:15 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$1,350$18,640
2020$1,254$17,320
2019$1,255$17,320
2018$712$17,320
2017$717$17,320

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-1066800
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 6.58 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 $10,730. Most Memphis, TN residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38126›665 E Pontotoc Ave

This home is located at 665 E Pontotoc Ave in Memphis, TN and zip code 38126 in the New Pathways neighborhood. This home was built in 1967. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $650,000.

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.

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