Step into charm with this 3-bed, 2-bath bungalow in Vollintine Evergreen. Original finishes, hardwood floors, and a cozy breakfast room add character. A bonus space up the spiral staircase offers versatility. Enjoy the fenced backyard and nearby Midtown amenities. Don't miss this historic gem!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,365
Per Month
Principal & Interest
$1,298
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$846
Powered By
Advertisement
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
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school3.29 miles
Public District Grades 6-12
Nearby Schools
3
/10
Klondike Preparatory Academy
1750 Vollintine Ave
Distance between this listing and this school0.42 miles
Public Charter Grades KG-2
2
/10
Vollentine Elementary School
1682 Vollintine Ave
Distance between this listing and this school0.55 miles
Public Magnet Grades PK-5
5
/10
Springdale Elementary School
880 N Hollywood St
Distance between this listing and this school1.00 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Kipp Memphis Middle Academy
2110 Howell Ave
Distance between this listing and this school0.35 miles
Public Charter Grades 5-6
5
/10
Kipp Memphis Collegiate Middle School
2110 Howell Ave
Distance between this listing and this school0.35 miles
Public Charter Grades 5-8
3
/10
Snowden School
1870 North Pw
Distance between this listing and this school0.84 miles
Public Magnet Grades PK-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school3.29 miles
Public District Grades 6-12
Nearby Schools
3
/10
Kipp Memphis Collegiate High School
2110 Howell Ave
Distance between this listing and this school0.35 miles
Public Charter Grades 9-11
2
/10
Memphis Academy of Health Sciences High School
3925 Chelsea Extended
Distance between this listing and this school2.00 miles
The neighbors living near this home have an average income of $41,118. The majority of Memphis, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 994 Sheridan St
What is the listing price of this property?
The listing price of 994 Sheridan St property is $259,900.
What type of property is this?
The property 994 Sheridan St is a house located in Memphis, Tennessee, 38107.
Is this property for sale now?
Accepting Backup Offers: 994 Sheridan St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 994 Sheridan 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 $2,818 (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 10, 2021 for $239,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 994 Sheridan St has 3 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 994 Sheridan St is 1937.
This home is located at 994 Sheridan St in Memphis, TN and zip code 38107 in the University Lane neighborhood. This home, which was built in 1937, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $259,900.
While more than 82 listings in Memphis, TN in March 2024 were sold above asking price, there were more than 107 listings sold at asking price, and 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.