1 year on rocket

1116 N Parkway Ave, Memphis, TN, 38105

$337,500

Home List Price

$4,008*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House

Location

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1116 N Parkway Ave, Memphis$337,500

Buyer Closing Credits

$4,008*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built2022
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceIn Living Room
ViewOther
MLS #10159695
StatusActive

About 1116 N Parkway Ave

Welcome to your oasis home located in the heart of the city 3 minutes from Crosstown. Built in 2022, Features include an open floor plan perfect for entertaining 3BRs, 2.5BA plus huge loft area. Luxury finishes, custom cabinetry in kitchen and bathrooms. Walk-in shower and freestanding tub in primary bath. Brick exterior and huge parking pad. All appliances incl, furniture may stay. Month to month tenant, will move upon accepted offer. 48hr showing notice required.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2022
  • Stories: 2

Listing Office:

  • Office Name: Centric Realty LLC

Interior Features

Interior Information:

  • Appliances: Gas Range, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Part Carpet
  • Interior: Security System, Smoke Detector(s), Monitored Alarm
  • Fireplace: In Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Covered Patio, Wood Fence, Sidewalks

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Landscaped, Fencing

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Crosstown Concourse head west on N Pkwy. Home is right past overpass over 240.

Price Information

Listing Price Info

Price Summary:

  • List Price: $337,500
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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

1116 N Parkway Ave vs Memphis

417 DAYS ON ROCKET

$337,500

+$154.5K More

KEY TAKEAWAY

This property is $154.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10159695

Listing Office:

  • Office Name: Centric 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, 3:20:51 AM 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

$1,752

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,078

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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-4347308
3
/10

  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 0.88 miles

  • Public Charter Grades PK-5

school-card-donut-4347309
3
/10

  • Kipp Memphis Collegiate Elementary School

  • 230 Henry Ave

  • 1.32 miles

  • Public Charter Grades KG-4

school-card-donut-4347310
2
/10

  • Vollentine Elementary School

  • 1682 Vollintine Ave

  • 1.33 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 $17,297. Typical income of Memphis, TN residents is less than $35k annually. 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

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 1116 N Parkway Ave

What is the listing price of this property?

The listing price of 1116 N Parkway Ave property is $337,500.

What type of property is this?

The property 1116 N Parkway Ave is a house located in Memphis, Tennessee, 38105.

Is this property for sale now?

Active Listing: 1116 N Parkway Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1116 N Parkway Ave has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1116 N Parkway Ave is 2022.

Rocket Homes›Tennessee›Shelby County›Memphis›38105›1116 N Parkway Ave

This home is located at 1116 N Parkway Ave in Memphis, TN and zip code 38105. This home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 27, 2023 and is currently priced at $337,500.

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. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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