2 months on rocket

1402 Tutwiler Ave, Memphis, TN, 38107

$83,000

Home List Price

$986*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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1402 Tutwiler Ave, Memphis$83,000

Buyer Closing Credits

$986*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1925
HeatingOther
CoolingOther
MLS #10182370
Lot Size0.22 Acres
StatusActive

About 1402 Tutwiler Ave

Investors don’t miss out on this 2-bedroom, 1-bathroom home is situated in the Highpoint Speedway Terrace neighborhood. Located in a prime area known for its potential growth and revitalization, this property offers a solid investment opportunity. Whether you're looking to expand your rental portfolio or flip a property in a thriving market, this home provides excellent potential for appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Stories: 1

Listing Office:

  • Office Name: BEST Real Estate Company

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Take ramp onto I-240 W. Go for 7.8 mi. Take the exit onto I-240 N. Go for 5.8 mi. Take exit 32 toward TN-14 E. Go for 0.3 mi. Turn right onto Jackson Ave (TN-14). Go for 0.5 mi. Turn right onto N Watkins St. Go for 0.1 mi.

Price Information

Listing Price Info

Price Summary:

  • List Price: $83,000

Tax Information:

  • Annual Amount: $1,488
  • 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

1402 Tutwiler Ave vs Memphis

77 DAYS ON ROCKET

$83,000

-$100K Less

KEY TAKEAWAY

This property is $100K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10182370

Listing Office:

  • Office Name: BEST Real Estate Company

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, 12:20:55 PM 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$1,488$20,550
2020$1,137$15,700
2019$1,137$15,700
2018$645$15,700
2017$692$15,700

History based on county public records data.

Payment Calculator

$482

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$315

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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-4537296
2
/10

  • Vollentine Elementary School

  • 1682 Vollintine Ave

  • 0.81 miles

  • Public Magnet Grades PK-5

school-card-donut-4537297
3
/10

  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 1.07 miles

  • Public Charter Grades PK-5

school-card-donut-4537298
3
/10

  • Kipp Memphis Collegiate Elementary School

  • 230 Henry Ave

  • 1.76 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,173. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1402 Tutwiler Ave

What is the listing price of this property?

The listing price of 1402 Tutwiler Ave property is $83,000.

What type of property is this?

The property 1402 Tutwiler Ave is a house located in Memphis, Tennessee, 38107.

Is this property for sale now?

Active Listing: 1402 Tutwiler Ave 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 $1,488 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1402 Tutwiler Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1402 Tutwiler Ave is 1925.

Rocket Homes›Tennessee›Shelby County›Memphis›38107›1402 Tutwiler Ave

This home is located at 1402 Tutwiler Ave in Memphis, TN and zip code 38107 in the Vollintine-Evergreen neighborhood. This home, which was built in 1925, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $83,000.

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. In November 2024 in Memphis, TN there were 6.8% more homes for sale than in October 2024.

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

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