3 months on rocket

1262 Latham St, Memphis, TN, 38106

$26,000

Home List Price

$309*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1262 Latham St, Memphis$26,000

Buyer Closing Credits

$309*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1930
HeatingOther
CoolingOther
WaterfrontOther
MLS #10179576
Lot Size0.09 Acres
StatusActive

About 1262 Latham St

This 3 bedrooms & 1 bath investment property offers a solid foundation with its functional layout. With strategic updates and renovations, it has the potential to provide substantial rental income and long-term appreciation. Its versatility, makes it a promising opportunity for investors looking to maximize their returns. View it today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: Fast Track Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Merge onto US-61 N/S 3rd St, pass by Church's Texas Chicken (on the right in 1.1 mi), turn right onto S Pkwy E, turn left onto Latham St. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $26,000

Tax Information:

  • Annual Amount: $434
  • 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

1262 Latham St vs Memphis

119 DAYS ON ROCKET

$26,000

-$157K Less

KEY TAKEAWAY

This property is $157K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10179576

Listing Office:

  • Office Name: Fast Track 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, 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

Jan 08, 2021Home Sold
$12,000
Jan 08, 2021Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2021$434$6,000
2020$432$5,975
2019$432$5,975
2018$246$5,975
2017$258$5,975

History based on county public records data.

Payment Calculator

$197

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$144

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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-4537357
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-4537358
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 0.86 miles

  • Public Charter Grades PK-5

school-card-donut-4537359
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.12 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 $14,072. Typical income of Memphis, TN residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1262 Latham St

What is the listing price of this property?

The listing price of 1262 Latham St property is $26,000.

What type of property is this?

The property 1262 Latham St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1262 Latham 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 $434 (source: MLS/based on county public records data).

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

The last sale was on January 8, 2021 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1262 Latham St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1262 Latham St is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1262 Latham St

This home is located at 1262 Latham St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. This home, which was built in 1930, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $26,000.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. The number of listings 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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