29 days on rocket

1499 Salem St, Memphis, TN, 38122

$107,000

Home List Price

$1,271*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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1499 Salem St, Memphis$107,000

Buyer Closing Credits

$1,271*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1951
HeatingCentral
CoolingCentral Air
MLS #10183422
Lot Size0.31 Acres
StatusActive

About 1499 Salem St

~Beautiful house 2 bedrooms 1 bath ~Includes mother in law suite in the back with 1 bath~ Ready to move in ~ Fully remodeled~ Freshly painted interior~ Property being sold as is ~ Stove will stay at the house ~

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1951
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head east on I-40 Take exit 8 to merge onto TN-14 S/Jackson Ave Turn left onto Orchi Rd Turn right onto Ruskin Rd Turn left onto Grey Rd Turn rightonto Salem St Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $107,000

Tax Information:

  • Annual Amount: $834
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$190.4K

# of Sold Homes

409

1499 Salem St vs Memphis

29 DAYS ON ROCKET

$107,000

-$83.4K Less

KEY TAKEAWAY

This property is $83.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183422

Listing Office:

  • Office Name: Keller Williams

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, 8:20:50 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

Jul 12, 2006Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2021$834$11,525
2020$566$7,825
2019$566$7,825
2018$322$7,825
2017$340$7,825

History based on county public records data.

Payment Calculator

$602

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$387

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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-369421
4
/10
  • Kingsbury Elementary School

  • 4055 Bayliss Ave

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-369422
6
/10
  • Jackson Elementary School

  • 3925 Wales Ave

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-369423
6
/10
  • Wells Station Elementary School

  • 1610 Wells Station Rd

  • 1.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,809. Residents of Memphis, TN typically earn less than $35k each year. 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 1499 Salem St

What is the listing price of this property?

The listing price of 1499 Salem St property is $107,000.

What type of property is this?

The property 1499 Salem St is a house located in Memphis, Tennessee, 38122.

Is this property for sale now?

Active Listing: 1499 Salem 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 $834 (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 12, 2006 for $18,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1499 Salem St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1499 Salem St is 1951.

Rocket Homes›Tennessee›Shelby County›Memphis›38122›1499 Salem St

This home is located at 1499 Salem St in Memphis, TN and zip code 38122 in the Nutbush neighborhood. This home, which was built in 1951, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $107,000.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. 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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