6 months on rocket

1034 Patton St, Memphis, TN, 38106

$2,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1034 Patton St, Memphis$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete
Year Built1964
HeatingCentral, Other
CoolingCentral Air, Other
BasementYes
MLS #10173867
StatusActive

About 1034 Patton St

Prefect for any investor looking for high returns! Being sold as a package Price $2,300,000 PACKAGE SALE. 1 10 Unit-2 bed 1 bath Apartment Complex, apartment has been renovated. 2 Condo 3224 S. Mendenhall Rd, 10 Single family homes. All SFH are rented. Package includes: 2654 Kimball Ave, 3718 Denver St, 2574 Sunny Hill Dr, 1052 Seattle St, 1403 Rayner St, 3707 Orland St, 931 Maxey St, 1439 Oriole St, 1715 Graggland, 3224 S. Mendenhall Rd Unit 1A and 4B

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Concrete

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: Turn right on Patton st

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000

Tax Information:

  • Annual Amount: $7,961
  • 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

$183K

# of Sold Homes

362

1034 Patton St vs Memphis

199 DAYS ON ROCKET

$2,300,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10173867

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: 12/22/2024, 5:20:51 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

Nov 12, 2020Home Sold
$300,000
Jun 18, 2015Home Sold
$90,000
Oct 13, 2009Home Sold
$12,000
Dec 07, 2006Home Sold
$150,000
Sep 16, 2004Home Sold
$100,000
Sep 10, 2001Home Sold
$115,000
Apr 11, 2001Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,961$109,960
2020$2,347$32,400
2019$2,347$32,400
2018$1,332$32,400
2017$1,657$32,400

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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.

Nearby Schools

school-card-donut-886415
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-886416
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 0.99 miles

  • Public Charter Grades PK-5

school-card-donut-886417
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 1.34 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,981. The majority of Memphis, TN residents have income less than $35k annually. 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

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1034 Patton St

This home is located at 1034 Patton St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. This home was built in 1964. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $2,300,000.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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