12 days on rocket

862 Pearce St, Memphis, TN, 38107

$145,000

Home List Price

$1,722*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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862 Pearce St, Memphis$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1950
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #10171099
StatusActive

About 862 Pearce St

1 of 2 duplexes side by side for sale! Buy as a package and immediately acquire 4 doors! Vacant sides have all new flooring and paint! Spacious floor plans! Units are much bigger than they look, at about 900sqft per side! Vacant side is currently being marketed for rent, and the other side is tenant occupied.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: CrestCore Realty MphsBrokerage

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Sprayed Ceiling

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer, Wood/Composition, Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

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: Heading West on Chelsea from I40, take a left on Pearce. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000

Tax Information:

  • Annual Amount: $385
  • 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

862 Pearce St vs Memphis

12 DAYS ON ROCKET

$145,000

-$50.6K Less

KEY TAKEAWAY

This property is $50.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10171099

Listing Office:

  • Office Name: CrestCore Realty MphsBrokerage

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: 5/10/2024, 2:20:33 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$385$5,320
2020$594$8,200
2019$797$8,200
2018$452$11,000
2017$486$11,000

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-9637605
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.28 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 $27,174. Most Memphis, TN residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38107›862 Pearce St

This home is located at 862 Pearce St in Memphis, TN and zip code 38107. This home was built in 1950. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $145,000.

Memphis, TN housing market in April 2024 saw over 75 listings sold above listed price, more than 122 sold at listed price and over 272 sold below. The number of listings in Memphis, TN increased by 13.1% between March 2024 and April 2024.

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

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