22 days on rocket

1510 N Merton St, Memphis, TN, 38108

$131,000

Home List Price

$1,556*

Closing Credit

0 Baths
Multi

Location

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1510 N Merton St, Memphis$131,000

Buyer Closing Credits

$1,556*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1964
HeatingNatural Gas, Wall Furnace
CoolingOther
BasementYes
MLS #10184184
StatusActive

About 1510 N Merton St

Well performing duplex. Both units are 2 bed, 1 bath. Tenants pay all utilities and provide appliances. Both units are rented at $650.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1964
  • Stories: 1

Listing Office:

  • Office Name: Prime Real Estate Group

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Concrete Floor

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace
  • Cooling: Other

Other

Directions Information:

  • Directions: From Jackson Ave, go North on Hollywood, turn right on Peres, then South on Merton. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $131,000

Tax Information:

  • Annual Amount: $730
  • 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

1510 N Merton St vs Memphis

22 DAYS ON ROCKET

$131,000

-$59.4K Less

KEY TAKEAWAY

This property is $59.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184184

Listing Office:

  • Office Name: Prime Real Estate Group

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: 11/21/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$730$10,080
2020$791$10,920
2019$791$10,920
2018$449$10,920
2017$516$10,920

History based on county public records data.

Payment Calculator

$721

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$459

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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-188371
4
/10

  • Promise Academy

  • 1346 Bryan St

  • 0.32 miles

  • Public Charter Grades KG-5

school-card-donut-188372
4
/10

  • Kipp Memphis Academy Elementary School

  • 2248 Shannon Ave

  • 0.59 miles

  • Public Charter Grades PK-4

school-card-donut-188373
5
/10

  • Springdale Elementary School

  • 880 N Hollywood St

  • 1.23 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 $12,045. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38108›1510 N Merton St

This home is located at 1510 N Merton St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home was built in 1964. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $131,000.

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. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

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