3 months on rocket

1274 Railton Rd, Memphis, TN, 38111

$125,000

Home List Price

$1,484*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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1274 Railton Rd, Memphis$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1950
HeatingCentral
CoolingCentral Air
FireplaceMasonry, In Den/Great Room
MLS #10180122
Lot Size0.30 Acres
StatusActive

About 1274 Railton Rd

Back on the Market! Excellent starter home or investment property. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Didlake Realty Group, LLC

Interior Features

Interior Information:

  • Flooring Type: Wall to Wall Carpet, Part Hardwood, Tile
  • Fireplace: Masonry, In Den/Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I-240 W to Prescott Rd. Take exit 21 from I-240 W Turn Right onto Prescott Road Turn Left onto Kimball Ave Turn Right onto Railton Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $1,090
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$183K

# of Sold Homes

362

1274 Railton Rd vs Memphis

116 DAYS ON ROCKET

$125,000

-$58K Less

KEY TAKEAWAY

This property is $58K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10180122

Listing Office:

  • Office Name: Didlake Realty Group, 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: 12/22/2024, 11:20:52 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

Aug 25, 2000Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,090$15,050
2020$900$12,425
2019$900$12,425
2018$511$12,425
2017$496$12,425

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-1116520
4
/10
  • Cherokee Elementary School

  • 3061 Kimball Ave

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-1116521
3
/10
  • Sherwood Elementary School

  • 1156 Robin Hood Ln

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-1116522
3
/10
  • Sharpe Elementary School

  • 3431 Sharpe Ave

  • 0.74 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,629. The majority of Memphis, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1274 Railton Rd

What is the listing price of this property?

The listing price of 1274 Railton Rd property is $125,000.

What type of property is this?

The property 1274 Railton Rd is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 1274 Railton Rd 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 $1,090 (source: MLS/based on county public records data).

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

The last sale was on August 25, 2000 for $52,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1274 Railton Rd has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1274 Railton Rd is 1950.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›1274 Railton Rd

This home is located at 1274 Railton Rd in Memphis, TN and zip code 38111 in the Cherokee neighborhood. This home, which was built in 1950, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $125,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were 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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