new - 4 days on rocket

1542 Hopewell Rd, Memphis, TN, 38117

$156,000

Home List Price

$1,853*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1542 Hopewell Rd, Memphis$156,000

Buyer Closing Credits

$1,853*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingFront-Load Garage, Carport
Year Built1954
HeatingCentral
CoolingCentral Air
MLS #10184835
Lot Size0.18 Acres
StatusActive

About 1542 Hopewell Rd

Investor Special! ??? 3 Bed, 1 Bath, and a Detached Garage just waiting for a full rehab. Bring your vision and your toolbox—this diamond in the rough needs TLC to shine! Perfect for flipping or holding. Don’t miss out—this opportunity won’t last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1954
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Front-Load Garage, Carport

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head east on Park Ave toward Cherry Rd, Turn right onto Colonial Rd , Turn left onto Quince Rd , Turn right onto Hopewell Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $156,000

Tax Information:

  • Annual Amount: $1,967
  • 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

1542 Hopewell Rd vs Memphis

4 DAYS ON ROCKET

$156,000

-$34.4K Less

KEY TAKEAWAY

This property is $34.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184835

Listing Office:

  • Office Name: Keller Williams Realty

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: 11/13/2024, 1:20:48 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$1,967$27,175
2020$1,407$19,425
2019$1,407$19,425
2018$798$19,425
2017$853$19,425

History based on county public records data.

Payment Calculator

$846

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$534

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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-280702
7
/10
  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-280703
4
/10
  • Willow Oaks Elementary School

  • 4417 Willow Rd

  • 0.84 miles

  • Public Magnet Grades PK-5

school-card-donut-280704
3
/10
  • Evans Elementary School

  • 4949 Cottonwood Rd

  • 1.44 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,801. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1542 Hopewell Rd

What is the listing price of this property?

The listing price of 1542 Hopewell Rd property is $156,000.

What type of property is this?

The property 1542 Hopewell Rd is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Active Listing: 1542 Hopewell 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 $1,967 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1542 Hopewell Rd has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1542 Hopewell Rd is 1954.

Rocket HomesTennesseeShelby CountyMemphis381171542 Hopewell Rd

This home is located at 1542 Hopewell Rd in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home, which was built in 1954, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $156,000.

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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