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1872 Cornelia Ln, Memphis, TN, 38117

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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1872 Cornelia Ln, Memphis$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1961
HeatingCentral
CoolingCentral Air
WaterfrontOther
MLS #10182416
Lot Size0.33 Acres
StatusActive

About 1872 Cornelia Ln

3 bedroom 2 bath single family home in Colonial Acres. Home has central heat and air, large floor plan with separate living room, den, dining room, and laundry room. Master bedroom has on-suite bathroom with shower. Property near local shops and restaurants in East Memphis as well as the University of Memphis and convenient to the interstate. Tenant occupied. Do not disturb tenant.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1961
  • Stories: 1

Listing Office:

  • Office Name: Revid Property Management, LLC

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • 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: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Park and Perkins head south on Perkins. Turn west on E. Mallory and then south on Cornelia Ln. Home will be on east side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

Tax Information:

  • Annual Amount: $2,288
  • 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

$190.4K

# of Sold Homes

409

1872 Cornelia Ln vs Memphis

42 DAYS ON ROCKET

$175,000

-$15.4K Less

KEY TAKEAWAY

This property is $15.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10182416

Listing Office:

  • Office Name: Revid Property Management, LLC

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: 11/14/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2021Home Sold
$250,000
Jun 16, 2016Home Sold
$61,500
Oct 27, 2009Home Sold
$65,900
Oct 27, 2009Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,288$31,600
2020$1,489$20,550
2019$1,489$20,550
2018$845$20,550
2017$743$20,550

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-519076
4
/10

  • Willow Oaks Elementary School

  • 4417 Willow Rd

  • 0.52 miles

  • Public Magnet Grades PK-5

school-card-donut-519077
3
/10

  • Evans Elementary School

  • 4949 Cottonwood Rd

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-519078
4
/10

  • South Park Elementary School

  • 1736 Getwell Rd

  • 1.32 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 $33,152. Residents of Memphis, TN typically earn less than $35k each year. The majority of 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 1872 Cornelia Ln

What is the listing price of this property?

The listing price of 1872 Cornelia Ln property is $175,000.

What type of property is this?

The property 1872 Cornelia Ln is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Active Listing: 1872 Cornelia Ln 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 $2,288 (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 3, 2021 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1872 Cornelia Ln has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1872 Cornelia Ln is 1961.

Rocket Homes›Tennessee›Shelby County›Memphis›38117›1872 Cornelia Ln

This home is located at 1872 Cornelia Ln in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home, which was built in 1961, sits on a 0.33 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $175,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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