1577 Marjorie St, Memphis, TN, 38106

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1577 Marjorie St, Memphis$70,000

Buyer Closing Credits

$831^*

1.25% Loan Amount

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1 (855) 200-2001

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.

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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.

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

1577 Marjorie St vs Memphis

427 DAYS ON ROCKET

$70,000

-$120.4K Less

KEY TAKEAWAY

This property is $120.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 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: 11/15/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

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

Tax History

YEAR	PROP. TAX	ASSESSMENT
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.

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**Disclosures

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.

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.