27 days on rocket

1061 Philadelphia St, Memphis, TN, 38104

$245,000

Home List Price

$2,909*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1061 Philadelphia St, Memphis$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s), On-Street Parking
Year Built1912
HeatingCentral
CoolingCentral Air
FireplaceDecorative Only
ViewOther
MLS #10183501
Lot Size0.12 Acres
StatusActive

About 1061 Philadelphia St

Midtown Charm with Many Updates! Located in the Cooper Young district, this 3bed/1bath split one story home has over 1400 sq feet of historic charm and updates you are looking for! Updated kitchen, Updated Bathroom, Central HVAC(2019), No Carpet, 220 Wiring throughout and New paint inside & out. The seller even had all the windows, the electrical panel, and the roof replaced! The private backyard is a nice space for entertaining family, friends and pets. Walkable to eateries, shops and events!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1912
  • Stories: 1

Listing Office:

  • Office Name: Adaro Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring Type: Wood Laminate Floors, Tile, Sprayed Ceiling
  • Interior: Security System, Smoke Detector(s)
  • Fireplace: Decorative Only

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Historic District, Sidewalks

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), On-Street Parking

Lot Features

Lot Information:

  • Lot: Landscaped, Fencing
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Cooper & Young, head east on young towards East Parkway, make a right on Philadelphia. Pass the stop sign and continue on Philadelphia, house on your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000

Tax Information:

  • Annual Amount: $3,734
  • 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 Philadelphia St vs Memphis

27 DAYS ON ROCKET

$245,000

+$54.5K More

KEY TAKEAWAY

This property is $54.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183501

Listing Office:

  • Office Name: Adaro Realty, Inc.

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, 4:20:48 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

Jan 21, 2009Home Sold
$65,000
Nov 10, 2005Home Sold
$90,000
Jun 23, 2004Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,734$51,575
2020$2,295$31,675
2019$2,295$31,675
2018$1,302$31,675
2017$1,354$31,675

History based on county public records data.

Payment Calculator

$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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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-373499
5
/10

  • Peabody Elementary School

  • 2086 Young Ave

  • 0.40 miles

  • Public Magnet Grades PK-5

school-card-donut-373500
3
/10

  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 0.61 miles

  • Public Charter Grades KG-5

school-card-donut-373501
3
/10

  • Dunbar Elementary School

  • 2606 Select Ave

  • 0.93 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 $36,859. Most Memphis, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1061 Philadelphia St

What is the listing price of this property?

The listing price of 1061 Philadelphia St property is $245,000.

What type of property is this?

The property 1061 Philadelphia St is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 1061 Philadelphia St 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 $3,734 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 21, 2009 for $65,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1061 Philadelphia St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1061 Philadelphia St is 1912.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1061 Philadelphia St

This home is located at 1061 Philadelphia St in Memphis, TN and zip code 38104 in the Cooper Young neighborhood. This home, which was built in 1912, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $245,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

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

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