1 month on rocket

Sale Pending

940 Ivy Rd, Memphis, TN, 38117

$219,000

Home List Price

$2,601*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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940 Ivy Rd, Memphis$219,000

Buyer Closing Credits

$2,601*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStorage Room(s), Carport
Year Built1954
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
BasementYes
MLS #10166984
Lot Size0.18 Acres
StatusSale Pending
(Pending)

About 940 Ivy Rd

From the heart of Colonial Acres into your heart. This 3-BR 1-Bath home is super cute - ready for its next family! Beautiful hardwood parquet floor thru-out with new luxury vinyl in kitchen & ceramic tile in completely remodeled bathroom. New covered patio in spacious fenced back yard overlooks Marquette Park...the playground is just a short stroll around the corner. Kitchen features "vintage" metal cabinets & ALL APPLIANCES INCLUDED. Handsome plantation shutters in LR and 2" blinds thru-out.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Ranch
  • Year Built: 1954
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Tile, Vinyl/Luxury Vinyl Floor
  • Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Monitored Alarm

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Covered Patio, Wood Fence

Parking Information:

  • Parking: Storage Room(s), Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From PARK AVE and COLONIAL RD: East on Colonial past Church and take first right on IVY RD. Home is on left across from Holy Rosary Church property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $219,000

Tax Information:

  • Annual Amount: $3,075
  • 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

940 Ivy Rd vs Memphis

57 DAYS ON ROCKET

$219,000

+$18.8K More

KEY TAKEAWAY

This property is $18.8K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10166984

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: 4/28/2024, 3:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 12, 2016Home Sold
$113,000
Oct 13, 2009Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,075$42,475
2020$2,030$28,025
2019$2,030$28,025
2018$1,152$28,025
2017$1,273$28,025

History based on county public records data.

Payment Calculator

$1,161

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$723

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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-1873810
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.60 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 $54,214. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Ivy Rd

What is the listing price of this property?

The listing price of 940 Ivy Rd property is $219,000.

What type of property is this?

The property 940 Ivy Rd is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Sale Pending: 940 Ivy Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 940 Ivy Rd 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 $3,075 (source: MLS/based on county public records data).

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

The last sale was on May 12, 2016 for $113,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 940 Ivy Rd has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 940 Ivy Rd is 1954.

Rocket Homes›Tennessee›Shelby County›Memphis›38117›940 Ivy Rd

This home is located at 940 Ivy Rd in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home, which was built in 1954, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $219,000.

In March 2024, from all listings sold in Memphis, TN there were more than 82 sold above asking price, over 199 sold below and more than 107 were sold right at the asked 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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