21 days on rocket

1061 Larry Ln, Memphis, TN, 38122

$199,900

Home List Price

$2,374*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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1061 Larry Ln, Memphis$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s), Gated Parking, Gate Clickers, Carport
Year Built1950
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
BasementYes
ViewOther
MLS #10183929
Lot Size0.18 Acres
StatusActive

About 1061 Larry Ln

Welcome to your Berclair charmer! This 3BR, 2BA home includes many modern upgrades, perfect for anyone who loves entertaining. Step onto the welcoming covered front porch, where you can sip your morning coffee or relax in the evenings. Inside, you'll find a spacious layout ideal for gatherings, with energy-efficient windows and a 4-year-old HVAC system to keep things comfortable. Need extra space? A room off of the detached carport has been completely transformed! New windows, insulation, flooring, recessed lighting, and a window AC unit make it an ideal spot for a home office, studio, or bonus room. It even boasts a new roof! The automatic driveway gate adds both convenience and security. Just down the road, Gaisman Community Center offers a gym, sports courts, a swimming pool, and scenic walking trails—perfect for staying active or unwinding outdoors. With up to $20,990 in down payment assistance available, this home makes the dream of ownership easier than ever!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Baxter Read Realty

Interior Features

Interior Information:

  • Appliances: Range, Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Smooth Ceiling
  • Interior: Pull Down Attic Stairs

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), Gated Parking, Gate Clickers, Carport

Lot Features

Lot Information:

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

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Summer Avenue, go north on Berclair Road. Turn right going east on Janice Avenue. Turn left going north on Larry Lane and 1061 will be a few house up on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900

Tax Information:

  • Annual Amount: $1,535
  • 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

$190.4K

# of Sold Homes

409

1061 Larry Ln vs Memphis

21 DAYS ON ROCKET

$199,900

+$9.4K More

KEY TAKEAWAY

This property is $9.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183929

Listing Office:

  • Office Name: Baxter Read Realty

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, 8:20:50 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 21, 2018Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,535$21,200
2020$1,010$13,950
2019$1,010$13,950
2018$573$13,950
2017$586$13,950

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-478839
5
/10

  • Memphis Business Academy Elementary School

  • 1082 Berclair Rd

  • 0.04 miles

  • Public Charter Grades PK-5

school-card-donut-478840
4
/10

  • Berclair Elementary School

  • 810 N Perkins Rd

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-478841
4
/10

  • Kingsbury Elementary School

  • 4055 Bayliss Ave

  • 1.05 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,250. Residents of Memphis, TN typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1061 Larry Ln

What is the listing price of this property?

The listing price of 1061 Larry Ln property is $199,900.

What type of property is this?

The property 1061 Larry Ln is a house located in Memphis, Tennessee, 38122.

Is this property for sale now?

Active Listing: 1061 Larry Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,535 (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 21, 2018 for $25,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1061 Larry Ln has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1061 Larry Ln is 1950.

Rocket Homes›Tennessee›Shelby County›Memphis›38122›1061 Larry Ln

This home is located at 1061 Larry Ln in Memphis, TN and zip code 38122 in the Berclair neighborhood. This home, which was built in 1950, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $199,900.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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