4 years on rocket

1591 Railton Road, Memphis, TN, 38111

$71,000

Home List Price

$843*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1591 Railton Road, Memphis$71,000

Buyer Closing Credits

$843*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #10078479
Lot Size0.22 Acres
StatusActive

About 1591 Railton Road

Don't miss out on this!! Property is tenant occupied so please drive by only. Your offer, if accepted, will be contingent upon an inspection. This is apart of a package deal with 18 other properties. If you're looking for opportunity and investment, this is it!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 1

Listing Office:

  • Office Name: Pinnacle Realty

Interior Features

Interior Information:

  • Flooring Type: Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-240 W Towards Jackson MS, take exit 21 toward lamar ave, US-78, keep right. Right on Prescott, left on parker, right on railton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $71,000
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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

1591 Railton Road vs Memphis

1623 DAYS ON ROCKET

$71,000

-$119.4K Less

KEY TAKEAWAY

This property is $119.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10078479

Listing Office:

  • Office Name: Pinnacle 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: 11/22/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$422

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$279

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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-516277
3
/10
  • Sharpe Elementary School

  • 3431 Sharpe Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-516278
4
/10
  • Cherokee Elementary School

  • 3061 Kimball Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-516279
3
/10
  • Sherwood Elementary School

  • 1156 Robin Hood Ln

  • 1.12 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,721. Most Memphis, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1591 Railton Road

What is the listing price of this property?

The listing price of 1591 Railton Road property is $71,000.

What type of property is this?

The property 1591 Railton Road is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 1591 Railton Road is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1591 Railton Road has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1591 Railton Road is 1960.

Rocket HomesTennesseeShelby CountyMemphis381111591 Railton Road

This home is located at 1591 Railton Road in Memphis, TN and zip code 38111 in the Cherokee neighborhood. This home, which was built in 1960, sits on a 0.22 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 12, 2020 and is currently priced at $71,000.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. 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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