1 month on rocket

1492 Arkansas St, Memphis, TN, 38109

$135,000

Home List Price

$1,603*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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1492 Arkansas St, Memphis$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #10184478
Lot Size0.15 Acres
StatusActive

About 1492 Arkansas St

Charming Vintage Home with Endless Potential!!! Welcome to this delightful older home, nestled in a neighborhood, brimming with character and charm. This property offers a unique opportunity for buyers looking to invest in a piece of history while crafting their dream space. Timeless Architecture:Classic design elements, including original hardwood floor and intricate molding that exude warmth and nostalgia. Spacious Living Areas: Generous rooms filled with natural light, a perfect canvas for your personal touch. Expansive Yard: The well-maintained yard offers endless possibilities for outdoor activities, gardening or an expansion. Imagine creating your own oasis! Renovation Potential: Whether you're looking to modernize the interior or maintain its vintage charm, this property is a blank slate ready for your creative vision. Don't miss out on the chance to own a piece of history with the potential to become your dream home. Schedule a viewing today and let your imagination soar.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Screen Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Left onto 1-55 N toward St. Loui; Take exit 10 for South Parkway; Keep right at the fork and merge onto South Parkway; Keep right at the fork and merge onto South Parkway W; Turn right onto Arkansas St; House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000

Tax Information:

  • Annual Amount: $737
  • 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

1492 Arkansas St vs Memphis

45 DAYS ON ROCKET

$135,000

-$48K Less

KEY TAKEAWAY

This property is $48K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10184478

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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, 2:20:52 AM 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$737$10,175
2020$545$7,525
2019$545$7,525
2018$309$7,525
2017$344$7,525

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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-4329868
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 0.28 miles

  • Public Charter Grades PK-5

school-card-donut-4329869
2
/10

  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 0.83 miles

  • Public Charter Grades KG-5

school-card-donut-4329870
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,264. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1492 Arkansas St

What is the listing price of this property?

The listing price of 1492 Arkansas St property is $135,000.

What type of property is this?

The property 1492 Arkansas St is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 1492 Arkansas 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 $737 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1492 Arkansas St has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1492 Arkansas St is 1950.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›1492 Arkansas St

This home is located at 1492 Arkansas St in Memphis, TN and zip code 38109 in the Fordhurst neighborhood. This home, which was built in 1950, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $135,000.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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