2 months on rocket

715 Lester St, Memphis, TN, 38112

$95,000

Home List Price

$1,128*

Closing Credit

5 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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715 Lester St, Memphis$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1950
HeatingHeat Strip
CoolingOther
MLS #10165312
Lot Size0.17 Acres
StatusActive

About 715 Lester St

Welcome to your investment opportunity in the heart of Binghamton, an up-and-coming area. 5 spacious-bedroom, 2-bath. with 2 reliable tenants already in place, paying a total of $1100 mo. Seller rent by the room weekly. Seller collects cash, no property management Co. and can make up to $3100 with all 5 rooms rented. Needs a little TLC. The property is being sold in As-Is conditions. Can be sold with or with the tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Heat Strip
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Take Poplar Ave turn right onto Faxon Ave turn left onto Lester St

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000

Tax Information:

  • Annual Amount: $380
  • 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

715 Lester St vs Memphis

87 DAYS ON ROCKET

$95,000

-$100.6K Less

KEY TAKEAWAY

This property is $100.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10165312

Listing Office:

  • Office Name: Keller Williams

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

Tax History

YEARPROP. TAXASSESSMENT
2021$380$5,250
2020$318$4,400
2019$318$4,400
2018$181$4,400
2017$215$4,400

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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-5613256
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.55 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 $22,346. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 715 Lester St

What is the listing price of this property?

The listing price of 715 Lester St property is $95,000.

What type of property is this?

The property 715 Lester St is a house located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 715 Lester St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 715 Lester St 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 $380 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 715 Lester St has 5 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 715 Lester St is 1950.

Rocket Homes›Tennessee›Shelby County›Memphis›38112›715 Lester St

This home is located at 715 Lester St in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home, which was built in 1950, sits on a 0.17 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $95,000.

While more than 75 listings in Memphis, TN in April 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 272 were sold below. 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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