Nice quarter acre lot with minimal trees ready for building! Located right at the historical Glenview neighborhood, a nice new home would fit nicely where there are already plenty building and renovations around. Don’t let this one pass you by! Contact me today for further questions.
Property Details
Property Features
Listing Office:
Office Name: Patterson & Assoc. Real Estate
Lot Features
Lot Information:
Lot: City Lot, Subdivision
Lot Size: 0.24 Acres
Other
Directions Information:
Directions: From Highland turn left on Southern, left on Rayner then right on Netherwood. Lot will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $24,900
Tax Information:
Annual Amount: $147
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$192
Per Month
Principal & Interest
$125
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$141
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Rozelle Elementary School
993 Roland St
Distance between this listing and this school0.39 miles
Public Magnet Grades PK-5
3
/10
Memphis Delta Preparatory
1237 College St
Distance between this listing and this school1.03 miles
Public Charter Grades KG-5
5
/10
Peabody Elementary School
2086 Young Ave
Distance between this listing and this school1.21 miles
Public Magnet Grades PK-5
Nearby Schools
4
/10
Cummings School
1037 Cummings St
Distance between this listing and this school0.95 miles
Public Magnet Grades PK-8
5
/10
Bellevue Middle School
575 S Bellevue Blvd
Distance between this listing and this school1.28 miles
Public Magnet Grades 6-8
4
/10
Veritas College Preparatory
1500 Dunn Ave
Distance between this listing and this school1.43 miles
Public Charter Grades 6-8
Nearby Schools
1
/10
Hamilton High School
1363 E Person Ave
Distance between this listing and this school0.98 miles
Public District Grades 9-12
3
/10
Soulsville Charter School
1115 College St
Distance between this listing and this school1.13 miles
Public Charter Grades 6-12
5
/10
Hollis F. Price Middle College
807 Walker Ave
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $21,143. The majority of Memphis, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1488 Netherwood Ave
What is the listing price of this property?
The listing price of 1488 Netherwood Ave property is $24,900.
What type of property is this?
The property 1488 Netherwood Ave is land located in Memphis, Tennessee, 38106.
Is this property for sale now?
Active Listing: 1488 Netherwood 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 $147 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1488 Netherwood Ave in Memphis, TN and zip code 38106 in the Glenview / Edgewood Manor neighborhood. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $24,900.
In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. The number of listings 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.
NHRA Drag Racing
NHRA Drag Racing
Pro Boxing
Horse Races
Big Lots
Burlington
Stein Mart
Golden Corral
Popeyes
LongHorn Steakhouse
Kia
Dodge
Buick
Adult Standards
Urban Contemporary
Contemporary Inspirational