4 years on rocket

1088 Saxon Avenue, Memphis, TN, 38106

$42,000

Home List Price

$499*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1088 Saxon Avenue, Memphis$42,000

Buyer Closing Credits

$499*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1960
HeatingCentral, Other
CoolingCentral Air
MLS #10073339
Lot Size0.18 Acres
StatusActive

About 1088 Saxon Avenue

In the heart of STAX & Soulsville neighborhood!! Great income producing property with a tenant of 5 years @ $675.00 monthly and is professionally managed with a management company. PLEASE DO NOT DISTURB THE TENANT(S). Drive by and make your offer contingency upon inspection, interior inspection will only be allowed upon accepted offer. Seller may consider package deal with monthly rent of $2775.00(MLS#10073334,10073340,10073326).

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 1

Listing Office:

  • Office Name: 4 Success Realty, LLC

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-240N/I69 exit 28A continue on Cummings St to Saxon

Price Information

Listing Price Info

Price Summary:

  • List Price: $42,000
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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

1088 Saxon Avenue vs Memphis

1733 DAYS ON ROCKET

$42,000

-$141K Less

KEY TAKEAWAY

This property is $141K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10073339

Listing Office:

  • Office Name: 4 Success 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: 12/18/2024, 3:20:54 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

$277

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$192

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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-21311
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 0.42 miles

  • Public Charter Grades KG-5

school-card-donut-21312
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 0.78 miles

  • Public Charter Grades KG-5

school-card-donut-21313
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.92 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,494. The majority of Memphis, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1088 Saxon Avenue

What is the listing price of this property?

The listing price of 1088 Saxon Avenue property is $42,000.

What type of property is this?

The property 1088 Saxon Avenue is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1088 Saxon Avenue is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1088 Saxon Avenue has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1088 Saxon Avenue is 1960.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1088 Saxon Avenue

This home is located at 1088 Saxon Avenue in Memphis, TN and zip code 38106 in the South Memphis neighborhood. This home, which was built in 1960, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 21, 2020 and is currently priced at $42,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were 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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