8 months on rocket

1089 Oak Ridge Dr, Memphis, TN, 38111

$522,000

Home List Price

$6,199*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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1089 Oak Ridge Dr, Memphis$522,000

Buyer Closing Credits

$6,199*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Workshop(s), Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers, On-Street Parking, Other (See REMARKS), Garage
Year Built1955
HeatingCentral, Natural Gas, Dual System
CoolingCentral Air
MLS #10167703
Lot Size0.47 Acres
StatusActive

About 1089 Oak Ridge Dr

Ask about special Financing! This stunning home features an oversized great room with vaulted ceilings and a breathtaking view of the backyard. All on one level. Perfect for entertaining, the backyard boasts new string lighting for those cozy evenings. Plus, enjoy the convenience of an upgraded large laundry room tucked away behind the kitchen.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, B-B-Q Pit, Porch, Patio, Covered Patio, Deck

Parking Information:

  • Parking: Driveway/Pad, Workshop(s), Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers, On-Street Parking, Other (See REMARKS), Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Landscaped, Fencing
  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Dual System
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn on Audubon from Park Avenue. Veer to the right at the Y on to Oaksedge Drive, then first right on to Oak Ridge. House is down on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $522,000

Tax Information:

  • Annual Amount: $7,807
  • Tax Year: 2021
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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

1089 Oak Ridge Dr vs Memphis

249 DAYS ON ROCKET

$522,000

+$331.5K More

KEY TAKEAWAY

This property is $331.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10167703

Listing Office:

  • Office Name: Keller Williams

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: 11/17/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 08, 2010Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,807$107,825
2020$5,572$76,900
2019$5,572$76,900
2018$3,161$76,900
2017$3,129$76,900

History based on county public records data.

Payment Calculator

$2,673

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,631

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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-502149
3
/10
  • Sherwood Elementary School

  • 1156 Robin Hood Ln

  • 0.87 miles

  • Public Magnet Grades PK-5

school-card-donut-502150
10
/10
  • Campus Elementary School

  • 535 Zach Curlin

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-502151
4
/10
  • Willow Oaks Elementary School

  • 4417 Willow Rd

  • 1.27 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,045. The majority of Memphis, TN residents have income less than $35k annually. The most common type of family is 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 1089 Oak Ridge Dr

What is the listing price of this property?

The listing price of 1089 Oak Ridge Dr property is $522,000.

What type of property is this?

The property 1089 Oak Ridge Dr is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 1089 Oak Ridge Dr 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 $7,807 (source: MLS/based on county public records data).

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

The last sale was on June 8, 2010 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1089 Oak Ridge Dr has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1089 Oak Ridge Dr is 1955.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›1089 Oak Ridge Dr

This home is located at 1089 Oak Ridge Dr in Memphis, TN and zip code 38111 in the University District neighborhood. This home, which was built in 1955, sits on a 0.47 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $522,000.

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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