Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: Merge onto I-40 W, Take exit 5 Hollywood St, Keep right at the fork, follow signs for Hollywood St N and merge onto N Hollywood St, continue onto Range Line Rd, Turn Left onto Whitney Ave, Turn Right onto Mountain Terr.
Price Information
Listing Price Info
Price Summary:
List Price: $7,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$105
Per Month
Principal & Interest
$38
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
$89
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 school7.19 miles
Public District Grades 6-12
Nearby Schools
5
/10
Circles of Success Learning Academy
867 S Parkway E
Distance between this listing and this school0.37 miles
Public Charter Grades KG-5
3
/10
A B Hill Elementary School
345 E Olive Ave
Distance between this listing and this school0.99 miles
Public District Grades PK-5
4
/10
Bruce Elementary School
581 S Bellevue Blvd
Distance between this listing and this school1.40 miles
Public District Grades PK-5
Nearby Schools
4
/10
Cummings School
1037 Cummings St
Distance between this listing and this school0.49 miles
Public Magnet Grades PK-8
2
/10
Ida B Wells Academy
995 S Lauderdale St
Distance between this listing and this school0.76 miles
Public District Grades 6-8
5
/10
Bellevue Middle School
575 S Bellevue Blvd
Distance between this listing and this school1.41 miles
Public Magnet Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school7.19 miles
Public District Grades 6-12
Nearby Schools
3
/10
Soulsville Charter School
910 E Mclemore Ave
Distance between this listing and this school0.20 miles
Public Charter Grades 6-12
5
/10
Hollis F. Price Middle College High School
807 Walker Ave
Distance between this listing and this school0.33 miles
The neighbors living near this home have an average income of $22,831. The most common annual income of people living in Memphis, TN is 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
Frequently Asked Questions About 4048 Mountain Ter
What is the listing price of this property?
The listing price of 4048 Mountain Ter property is $7,500.
What type of property is this?
The property 4048 Mountain Ter is land located in Memphis, Tennessee, 38127.
Is this property for sale now?
Active Listing: 4048 Mountain Ter is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4048 Mountain Ter are: Memphis Virtual School: GreatSchools Rating 1/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4048 Mountain Ter in Memphis, TN and zip code 38127 in the South Memphis neighborhood. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $7,500.
In May 2024, from all listings sold in Memphis, TN there were more than 91 sold above asking price, over 284 sold below and more than 113 were sold right at the asked price. The number of listings in Memphis, TN increased by 11.4% between April 2024 and May 2024. The median list price of listings available in May 2024 was $192,881, while the average time on the real estate market was 96 days.
From Rocket Homes Real Estate and based on county public records data.