AMAZING investment opportunity!! No detail has been overlooked during the professional renovation of this natural light-filled historic bungalow style home. Located just minutes from Midtown Memphis, the Memphis International Airport, and Downtown Memphis. Features include: new roof, fully fenced backyard, private driveway, custom kitchen design, detached shed w/ storm door, professional landscaping, designer lighting, and all new major mechanics--including HVAC, plumbing, and electrical.
Property Details
Property Features
Property Information:
Architectural Style: Traditional, Ranch, Bungalow
Year Built: 1950
Stories: 1
Listing Office:
Office Name: REMAX Experts
Interior Features
Interior Information:
Flooring Type: Hardwood Throughout, Tile
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
View: Other
Exterior: Wrought Iron Security Drs, Wood Fence, Chain Fence
Parking Information:
Parking: Workshop(s)
Lot Features
Lot Information:
Lot: Landscaped, Fencing
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air, Ceiling Fan(s)
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: Home is located at the corner of N Hollywood Street and Heard Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $163,000
Tax Information:
Annual Amount: $373
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$881
Per Month
Principal & Interest
$814
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$555
Powered By
Advertisement
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.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school2.13 miles
Public District Grades 6-12
Nearby Schools
4
/10
Kipp Memphis Preparatory Elementary School
2248 Shannon Ave
Distance between this listing and this school0.39 miles
Public Charter Grades KG-KG
4
/10
Promise Academy
1346 Bryan St
Distance between this listing and this school0.54 miles
Public Charter Grades KG-5
5
/10
Springdale Elementary School
880 N Hollywood St
Distance between this listing and this school1.45 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Kipp Memphis Middle Academy
2110 Howell Ave
Distance between this listing and this school1.14 miles
Public Charter Grades 5-6
5
/10
Kipp Memphis Collegiate Middle School
2110 Howell Ave
Distance between this listing and this school1.14 miles
Public Charter Grades 5-8
3
/10
Douglass Elementary - Middle School
1650 Ash St
Distance between this listing and this school1.25 miles
Public Magnet Grades PK-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school2.13 miles
Public District Grades 6-12
Nearby Schools
3
/10
Kipp Memphis Collegiate High School
2110 Howell Ave
Distance between this listing and this school1.14 miles
Public Charter Grades 9-11
2
/10
Douglass High School
3200 Mount Olive Rd
Distance between this listing and this school1.35 miles
The neighbors living near this home have an average income of $12,045. Most Memphis, TN residents have annual incomes less than $35k. Most families are single, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1628 N Hollywood St
What is the listing price of this property?
The listing price of 1628 N Hollywood St property is $163,000.
What type of property is this?
The property 1628 N Hollywood St is a house located in Memphis, Tennessee, 38108.
Is this property for sale now?
Active Listing: 1628 N Hollywood St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1628 N Hollywood St are: Memphis Virtual School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $373 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1628 N Hollywood St has 2 bedrooms and 1 bathroom.
Which year was this property built?
The year of construction for 1628 N Hollywood St is 1950.
This home is located at 1628 N Hollywood St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home, which was built in 1950, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $163,000.
Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 13.1% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.