4 months on rocket

1468 May St, Memphis, TN, 38108

$101,900

Home List Price

$1,210*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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1468 May St, Memphis$101,900

Buyer Closing Credits

$1,210*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1954
HeatingCentral
CoolingCentral Air
MLS #10175749
Lot Size0.13 Acres
StatusActive

About 1468 May St

Fully renovated income producing property near downtown Memphis. This home has 3 bedrooms and an extra room that could be used as a 4th bedroom in the future. It is currently rented out for $1200/month. Do not approach tenant. Home is in excellent condition. Seller has 1 other property that they will sell as a package or individually, 888 Pearce St. Will sell both for 285k package deal. Estimated monthly payment $650/month almost half of the current rent!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1954
  • Stories: 1

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Traveling west on Chelsea make a right on May St house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $101,900

Tax Information:

  • Annual Amount: $418
  • 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

$190.4K

# of Sold Homes

409

1468 May St vs Memphis

140 DAYS ON ROCKET

$101,900

-$88.5K Less

KEY TAKEAWAY

This property is $88.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10175749

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

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.

Property Sales & Tax

Listing History

Jul 11, 2007Home Sold
$12,460

Tax History

YEARPROP. TAXASSESSMENT
2021$418$5,775
2020$346$4,775
2019$346$4,775
2018$196$4,775
2017$185$4,775

History based on county public records data.

Payment Calculator

$576

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$372

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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-449876
4
/10

  • Kipp Memphis Academy Elementary School

  • 2248 Shannon Ave

  • 0.55 miles

  • Public Charter Grades PK-4

school-card-donut-449877
4
/10

  • Promise Academy

  • 1346 Bryan St

  • 0.95 miles

  • Public Charter Grades KG-5

school-card-donut-449878
2
/10

  • Vollentine Elementary School

  • 1682 Vollintine Ave

  • 1.06 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,481. Most Memphis, TN residents have annual incomes less than $35k. Typical family type is 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 1468 May St

What is the listing price of this property?

The listing price of 1468 May St property is $101,900.

What type of property is this?

The property 1468 May St is a house located in Memphis, Tennessee, 38108.

Is this property for sale now?

Active Listing: 1468 May 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 $418 (source: MLS/based on county public records data).

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

The last sale was on July 11, 2007 for $12,460. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1468 May St has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1468 May St is 1954.

Rocket Homes›Tennessee›Shelby County›Memphis›38108›1468 May St

This home is located at 1468 May St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home, which was built in 1954, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $101,900.

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 number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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