3 months on rocket

1181 Canary Ln, Memphis, TN, 38109

$102,500

Home List Price

$1,217*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1181 Canary Ln, Memphis$102,500

Buyer Closing Credits

$1,217*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1971
HeatingCentral
CoolingCentral Air
BasementYes
MLS #10180968
Lot Size0.14 Acres
StatusActive

About 1181 Canary Ln

Investors this is a great opportunity to have an occupied investment property that will supply cashflow from day 1! There is professional property management in place with Reedy and Company! The current tenant is on a lease from 5/2/2024 until 10/31/2025 and they are paying $950 per month. No showings without an accepted offer. No wholesale or creative financing offers.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1971
  • Stories: 1

Listing Office:

  • Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From W Raines Rd go north on Weaver Rd, turn left on Canary Ln, house is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $102,500

Tax Information:

  • Annual Amount: $979
  • 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

1181 Canary Ln vs Memphis

98 DAYS ON ROCKET

$102,500

-$80.5K Less

KEY TAKEAWAY

This property is $80.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10180968

Listing Office:

  • Office Name: Reedy & Company, REALTORS

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, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 25, 2019Home Sold
$62,000
May 10, 2019Home Sold
$17,500

Tax History

YEARPROP. TAXASSESSMENT
2021$979$13,525
2020$646$8,925
2019$646$8,925
2018$367$8,925
2017$421$8,925

History based on county public records data.

Payment Calculator

$579

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$374

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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-60245
4
/10

  • Double Tree Elementary School

  • 4560 Double Tree Rd

  • 1.54 miles

  • Public Magnet Grades PK-5

school-card-donut-60246
4
/10

  • Ford Road Elementary School

  • 3336 Ford Rd

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-60247
2
/10

  • Levi Elementary School

  • 135 W Levi Rd

  • 1.97 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,491. Most Memphis, TN residents have annual incomes less than $35k. Most 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 1181 Canary Ln

What is the listing price of this property?

The listing price of 1181 Canary Ln property is $102,500.

What type of property is this?

The property 1181 Canary Ln is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 1181 Canary Ln 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 $979 (source: MLS/based on county public records data).

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

The last sale was on September 25, 2019 for $62,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1181 Canary Ln has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1181 Canary Ln is 1971.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›1181 Canary Ln

This home is located at 1181 Canary Ln in Memphis, TN and zip code 38109 in the Boxtown neighborhood. This home, which was built in 1971, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $102,500.

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. 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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