1197 Sylvan St, Memphis, TN, 38107

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1197 Sylvan St, Memphis$30,000

Buyer Closing Credits

$356^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1972

HeatingCentral

CoolingCentral Air

MLS #10181939

Lot Size0.17 Acres

StatusActive

About 1197 Sylvan St

Investor Special! Nice Fix & Flip or Buy & Hold opportunity! This 4 BR , 1 BA is a great potential Fix and Flip or hold and rent. All brick home, vented for Central Air /Heat, Has Washer & Dryer Connections Located on a quiet street with quick access to Interstate I40. Area Rental Rates $1,000 to $1,300/month Call me today with any questions.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1972
• Stories: 1

Listing Office:

• Office Name: Braden, Braden & Braden LLC

Interior Features

Interior Information:

• Flooring Type: Part Carpet, Tile, Other (See REMARKS)

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Sidewalks

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.17 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: Take 40 to Chelsea to Sylvan

Price Information

Listing Price Info

Price Summary:

• List Price: $30,000

Tax Information:

• Annual Amount: $431
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

1197 Sylvan St vs Memphis

51 DAYS ON ROCKET

$30,000

-$160.4K Less

KEY TAKEAWAY

This property is $160.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

• MLS Number: #10181939

Listing Office:

• Office Name: Braden, Braden & Braden 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: 11/15/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 05, 2009	Mar 05, 2009Home Sold	$27,900
Dec 08, 2008	Dec 08, 2008Home Sold	$12,000
Aug 08, 2007	Aug 08, 2007Home Sold	$60,000
Apr 09, 2007	Apr 09, 2007Home Sold	$25,900
Mar 06, 2007	Mar 06, 2007Home Sold	$13,575
Dec 07, 2006	Dec 07, 2006Home Sold	$32,548

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Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$431	$5,950
2020	$387	$5,350
2019	$387	$5,350
2018	$220	$5,350
2017	$250	$5,350

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38107›1197 Sylvan St

This home is located at 1197 Sylvan St in Memphis, TN and zip code 38107 in the New Chicago neighborhood. This home, which was built in 1972, sits on a 0.17 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $30,000.

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.