8 days on rocket

1560 Netherwood Ave, Memphis, TN, 38106

$42,000

0.09 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #10187172
Lot Size0.09 Acres
StatusActive

About 1560 Netherwood Ave

Discover this prime commercial corner lot with great visibility and endless potential! Measuring approximately 73' x 63' x 69' x 61', this paved parcel offers easy access for vehicles and pedestrians alike. Ideal for retail, office, or service-based businesses, its corner location ensures high traffic and excellent exposure. Don't miss the opportunity to secure this versatile space for your next venture.

Property Details

Property Features

Listing Office:

  • Office Name: BEST Real Estate Company

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.09 Acres

Other

Directions Information:

  • Directions: Take ramp onto I-240 W. Take exit 21 toward Lamar Ave/US-78 W. Turn left onto S Prescott Rd. Turn right onto Lamar Ave (US-78).

Price Information

Listing Price Info

Price Summary:

  • List Price: $42,000

Tax Information:

  • Annual Amount: $153
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

1560 Netherwood Ave vs Memphis

8 DAYS ON ROCKET

-59 Days

$42,000

-$148.5K Less

KEY TAKEAWAY

This property is $148.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #10187172

Listing Office:

  • Office Name: BEST Real Estate Company

Copyright© 2025 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: 1/5/2025, 1:20:54 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$153$2,120
2020$153$2,120
2019$153$2,120
2018$87$2,120
2017$93$2,120

History based on county public records data.

Payment Calculator

$277

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$192

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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-470781
4
/10
  • Rozelle Elementary School

  • 993 Roland St

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-470782
5
/10
  • Peabody Elementary School

  • 2086 Young Ave

  • 1.10 miles

  • Public Magnet Grades PK-5

school-card-donut-470783
3
/10
  • Memphis Delta Preparatory

  • 1237 College St

  • 1.16 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,400. The most common annual income of people living in Memphis, TN is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1560 Netherwood Ave

What is the listing price of this property?

The listing price of 1560 Netherwood Ave property is $42,000.

What type of property is this?

The property 1560 Netherwood Ave is land located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1560 Netherwood Ave 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 $153 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1560 Netherwood Ave is 0.09 acres.
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Rocket HomesTennesseeShelby CountyMemphis381061560 Netherwood Ave

This home is located at 1560 Netherwood Ave in Memphis, TN and zip code 38106 in the Glenview neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $42,000.

In December 2024, from all listings sold in Memphis, TN there were more than 61 sold above asking price, over 237 sold below and more than 97 were sold right at the asked price. Between November 2024 and December 2024, Memphis, TN real estate market has seen increase in the number of listings by 1.5%. Listings spent 67 days on the market in December 2024, and had a median list price of $190,593 during the same period.

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

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