25 days on rocket

940 David St, Memphis, TN, 38114

$99,000

Home List Price

$1,176*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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940 David St, Memphis$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1938
HeatingCentral
CoolingWindow Unit(s)
MLS #10169616
Lot Size0.10 Acres
StatusActive

About 940 David St

What a great addition to your rental portfolio or flip property this will be! This property is located in Binghampton near commerce and will stay in demand with the local tenant base.Just 5 minutes from the University of Memphis. Will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property.Please have All inspections Completed prior to making an Offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Head West on I-240,Take exit 23A to merge onto Airways Blvd.Turn Right onto Park Ave.Turn Right onto David St. Destination will be on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000

Tax Information:

  • Annual Amount: $416
  • 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

940 David St vs Memphis

25 DAYS ON ROCKET

$99,000

-$96.6K Less

KEY TAKEAWAY

This property is $96.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10169616

Listing Office:

  • Office Name: eXp Realty, 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: 5/4/2024, 7:20:32 AM 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 08, 2021Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2021$416$5,750
2020$399$4,825
2019$349$4,825
2018$198$4,825
2017$250$4,825

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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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-5810549
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.47 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 $13,489. Most Memphis, TN residents have annual incomes less than $35k. The majority of families are 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 940 David St

What is the listing price of this property?

The listing price of 940 David St property is $99,000.

What type of property is this?

The property 940 David St is a house located in Memphis, Tennessee, 38114.

Is this property for sale now?

Active Listing: 940 David 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 940 David 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 $416 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2021 for $26,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 940 David St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 940 David St is 1938.

Rocket Homes›Tennessee›Shelby County›Memphis›38114›940 David St

This home is located at 940 David St in Memphis, TN and zip code 38114 in the Orange Mound neighborhood. This home, which was built in 1938, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $99,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. The number of homes for sale 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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