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1498 Carlton Rd, Memphis, TN, 38106

$160,000

Home List Price

$1,900*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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1498 Carlton Rd, Memphis$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1925
HeatingWood Stove
CoolingCentral Air
MLS #10182164
StatusActive

About 1498 Carlton Rd

******BACK ON THE MARKET/FINANCING FELL THROUGH***Calling all Investors*** The property has 2 homes and the potential for 3 rental incomes. The main house has 3 bedrooms and 2 baths and has been rehabbed. The duplex left side has 3 bedrooms 1 bath and the right side has 1 bedroom 1 bath but has not been rehabbed. **PROPERTY SOLD AS IS**

Property Details

Property Features

Property Information:

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

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Range, Oven, Cooktop, Refrigerator
  • Flooring Type: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Wood Stove
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I240 South to Norris exit, make a left. Go to Elvis Presley Blvd and turn right. Go to Alcy Rd and make a left. Take that to Sparks St and turn right. Go to Carlton Rd and make a right. The property takes up the entire right corner. 0.90 acres.

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000

Tax Information:

  • Annual Amount: $588
  • 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

1498 Carlton Rd vs Memphis

48 DAYS ON ROCKET

$160,000

-$30.4K Less

KEY TAKEAWAY

This property is $30.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10182164

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: 11/15/2024, 1:20:50 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

Sep 11, 2020Home Sold
$41,500

Tax History

YEARPROP. TAXASSESSMENT
2021$588$8,125
2020$815$11,250
2019$815$11,250
2018$763$11,250
2017$754$18,575

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-294248
5
/10

  • Alcy Elementary School

  • 1750 E Alcy Rd

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-294249
3
/10

  • Memphis College Preparatory

  • 1500 Dunn Ave

  • 1.17 miles

  • Public Charter Grades KG-5

school-card-donut-294250
4
/10

  • Southern Avenue Charter School of Academic Excellence Creat

  • 2221 Democrat Rd

  • 1.39 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,464. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 1498 Carlton Rd

What is the listing price of this property?

The listing price of 1498 Carlton Rd property is $160,000.

What type of property is this?

The property 1498 Carlton Rd is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1498 Carlton 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 $588 (source: MLS/based on county public records data).

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

The last sale was on September 11, 2020 for $41,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1498 Carlton Rd has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1498 Carlton Rd is 1925.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1498 Carlton Rd

This home is located at 1498 Carlton Rd in Memphis, TN and zip code 38106. This home was built in 1925. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $160,000.

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

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

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