10 months on rocket

1166 Melrose St, Memphis, TN, 38106

$20,000

0.12 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #10163639
Lot Size0.12 Acres
StatusActive

About 1166 Melrose St

Residential lot ready for new build.

Property Details

Property Features

Listing Office:

  • Office Name: Paradigm21 Realty

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: from southern go straight on E mclemore, left on melrose the destination is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,000

Tax Information:

  • Annual Amount: $936
  • 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

1166 Melrose St vs Memphis

322 DAYS ON ROCKET

$20,000

-$170.4K Less

KEY TAKEAWAY

This property is $170.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10163639

Listing Office:

  • Office Name: Paradigm21 Realty

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: 11/24/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$936$12,925
2020$724$10,000
2019$724$10,000
2018$411$10,000
2017$415$10,000

History based on county public records data.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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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-1107560
4
/10
  • Rozelle Elementary School

  • 993 Roland St

  • 0.39 miles

  • Public Magnet Grades PK-5

school-card-donut-1107561
3
/10
  • Memphis Delta Preparatory

  • 1237 College St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-1107562
5
/10
  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.18 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,143. Most Memphis, TN residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1166 Melrose St

What is the listing price of this property?

The listing price of 1166 Melrose St property is $20,000.

What type of property is this?

The property 1166 Melrose St is land located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1166 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 $936 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1166 Melrose St is 0.12 acres.
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Rocket HomesTennesseeShelby CountyMemphis381061166 Melrose St

This home is located at 1166 Melrose St in Memphis, TN and zip code 38106 in the Glenview / Edgewood Manor neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since January 07, 2024 and is currently priced at $20,000.

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. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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