6 months on rocket

0 E Fernwood Ave, Memphis, TN, 38109

$12,000

1.98 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10171167
Lot Size1.98 Acres
StatusActive

About 0 E Fernwood Ave

Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. Buyers must go to the MMLBA website to apply for approval through the Memphis Metropolitan Land Bank Authority. If approved, Welch Realty or your Real Estate Agent will complete all required real estate documents and submit your offer.

Property Details

Property Features

Listing Office:

  • Office Name: Welch Realty, LLC

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 1.98 Acres

Other

Directions Information:

  • Directions: South on Third St from S Pkwy E to R on E Fernwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$190.4K

# of Sold Homes

409

0 E Fernwood Ave vs Memphis

201 DAYS ON ROCKET

$12,000

-$178.4K Less

KEY TAKEAWAY

This property is $178.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10171167

Listing Office:

  • Office Name: Welch 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: 11/15/2024, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$127

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$102

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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.

Nearby Schools

school-card-donut-556489
3
/10
  • Alton Elementary School

  • 2020 Alton Ave

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-556490
2
/10
  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-556491
3
/10
  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,167. Residents of Memphis, TN typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 E Fernwood Ave

What is the listing price of this property?

The listing price of 0 E Fernwood Ave property is $12,000.

What type of property is this?

The property 0 E Fernwood Ave is land located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 0 E Fernwood Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 E Fernwood Ave is 1.98 acres.
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Rocket HomesTennesseeShelby CountyMemphis381090 E Fernwood Ave

This home is located at 0 E Fernwood Ave in Memphis, TN and zip code 38109 in the Mallory Heights neighborhood. This home sits on a 1.98 acre lot. It has been listed on Rocket Homes since April 28, 2024 and is currently priced at $12,000.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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