3 months on rocket

1616 Foster Ave, Memphis, TN, 38106

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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1616 Foster Ave, Memphis$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built2024
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
FireplacePrefabricated, Ventless Gas Fireplace, In Keeping/Hearth room
MLS #10177949
Lot Size0.16 Acres
StatusActive

About 1616 Foster Ave

***PRICE REDUCED*** Welcome to 1616 Foster Ave, Memphis, TN 38107! This charming property is nestled in the heart of Memphis, offering a perfect blend of comfort and convenience. Step inside to discover a spacious layout with ample natural light pouring through large windows, a living area perfect for relaxing entertaining guests, and a modern kitchen with sleek countertops, stainless steel appliances, and plenty of storage space for all your culinary needs.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 1

Listing Office:

  • Office Name: Epique Realty

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Microwave, Trash Compactor
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Wood Laminate Floors, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), Pull Down Attic Stairs, Sky Light(s), Smoke Detector(s)
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Keeping/Hearth room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio, Historic District, Wood Fence, Sidewalks

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Follow I-40 W and Sam Cooper Blvd to E Pkwy S 15 min (12.4 mi) Merge onto I-40 W ? 5.4 mi Keep left to continue on Sam Cooper Blvd ? 6.0 mi Use the left 2 lanes to turn left onto E Pkwy N ? 1.0 mi ? Continue on E Pkwy S. Take Southern Ave to Foster Av

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000

Tax Information:

  • Annual Amount: $106
  • Tax Year: 2020
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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

1616 Foster Ave vs Memphis

108 DAYS ON ROCKET

$295,000

+$104.5K More

KEY TAKEAWAY

This property is $104.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10177949

Listing Office:

  • Office Name: Epique 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: 11/15/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 2021Home Sold
$29,950

Tax History

YEARPROP. TAXASSESSMENT
2021 - -
2020$106$1,475
2019$570$1,475
2018$324$7,875
2017$329$7,875

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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-334276
4
/10
  • Rozelle Elementary School

  • 993 Roland St

  • 0.43 miles

  • Public Magnet Grades PK-5

school-card-donut-334277
5
/10
  • Peabody Elementary School

  • 2086 Young Ave

  • 1.03 miles

  • Public Magnet Grades PK-5

school-card-donut-334278
3
/10
  • Memphis Delta Preparatory

  • 1237 College St

  • 1.27 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. The most common type of family is single, no kids. 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 1616 Foster Ave

What is the listing price of this property?

The listing price of 1616 Foster Ave property is $295,000.

What type of property is this?

The property 1616 Foster Ave is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1616 Foster 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 2020 is $106 (source: MLS/based on county public records data).

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

The last sale was on May 19, 2021 for $29,950. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 Foster Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1616 Foster Ave is 2024.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1616 Foster Ave

This home is located at 1616 Foster Ave in Memphis, TN and zip code 38106 in the Glenview neighborhood. This home, which was built in 2024, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $295,000.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while 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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