1 year on rocket

1577 Marjorie St, Memphis, TN, 38106

$70,000

Home List Price

$831*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1577 Marjorie St, Memphis$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1930
HeatingElectric
CoolingCentral Air
WaterfrontOther
MLS #10156738
Lot Size0.18 Acres
StatusActive

About 1577 Marjorie St

Property sold as is. Property was rehabbed as of last year but could use minor touch ups/improvements. Neighborhood has other homes that are being renovated or have been renovated so there is equity in this property for sure. The neighbors are very friendly so there was no worry about theft or any issues while home was worked on. Home will be great for an investor looking to generate income. Owner/Agent.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1930
  • Stories: 2

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Interior Features

Interior Information:

  • Flooring Type: Vinyl/Luxury Vinyl Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-40 take S. Parkway west to Marjorie St. Turn south on Marjorie. The house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000

Tax Information:

  • Annual Amount: $467
  • 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

$183K

# of Sold Homes

362

1577 Marjorie St vs Memphis

460 DAYS ON ROCKET

$70,000

-$113K Less

KEY TAKEAWAY

This property is $113K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10156738

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

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: 12/18/2024, 6:20:51 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

Apr 19, 2017Home Sold
$15,000
Sep 26, 2006Home Sold
$65,000
Mar 01, 2006Home Sold
$14,900
Oct 15, 1999Home Sold
$47,500

Tax History

YEARPROP. TAXASSESSMENT
2021$467$6,450
2020$494$6,825
2019$494$6,825
2018$281$6,825
2017$298$6,825

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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-4414288
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 0.35 miles

  • Public Charter Grades KG-5

school-card-donut-4414289
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 0.71 miles

  • Public Charter Grades KG-5

school-card-donut-4414290
3
/10

  • Alton Elementary School

  • 2020 Alton Ave

  • 0.89 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,467. The most common annual income of people living in Memphis, TN is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1577 Marjorie St

What is the listing price of this property?

The listing price of 1577 Marjorie St property is $70,000.

What type of property is this?

The property 1577 Marjorie St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1577 Marjorie 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 $467 (source: MLS/based on county public records data).

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

The last sale was on April 19, 2017 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1577 Marjorie St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1577 Marjorie St is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1577 Marjorie St

This home is located at 1577 Marjorie St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. This home, which was built in 1930, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 14, 2023 and is currently priced at $70,000.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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