2 months on rocket

1151 Melrose St, Memphis, TN, 38106

$50,000

Home List Price

$594*

Closing Credit

4 Bedrooms
1 Full Bath
House

Location

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1151 Melrose St, Memphis$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1930
HeatingOther
CoolingNone
MLS #10183283
Lot Size0.12 Acres
StatusActive

About 1151 Melrose St

Duplex. Sold AS-IS

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: I-240 West towards Jackson, MS; merge onto I-240 North; Take exit 28A for S Parkway East; right on S. Parkway E.; left (north) on Bellevue; right on McLemore; right on Melrose.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $362
  • 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

$183K

# of Sold Homes

362

1151 Melrose St vs Memphis

64 DAYS ON ROCKET

$50,000

-$133K Less

KEY TAKEAWAY

This property is $133K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10183283

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: 12/18/2024, 1:20:56 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

Jul 13, 2017Home Sold
$23,000

Tax History

YEARPROP. TAXASSESSMENT
2021$362$5,000
2020$831$4,280
2019$831$11,475
2018$472$11,475
2017$476$11,475

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-4552769
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-4552770
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 0.95 miles

  • Public Charter Grades KG-5

school-card-donut-4552771
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.17 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,143. Typical income of Memphis, TN residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1151 Melrose St

What is the listing price of this property?

The listing price of 1151 Melrose St property is $50,000.

What type of property is this?

The property 1151 Melrose St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1151 Melrose 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 $362 (source: MLS/based on county public records data).

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

The last sale was on July 13, 2017 for $23,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1151 Melrose St has 4 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1151 Melrose St is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1151 Melrose St

This home is located at 1151 Melrose St in Memphis, TN and zip code 38106 in the Glenview / Edgewood Manor neighborhood. This home, which was built in 1930, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $50,000.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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