1 month on rocket

1949 Prospect St, Memphis, TN, 38106

$32,000

Home List Price

$380*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,020 SqFt
$31/SqFt
House

Location

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1949 Prospect St, Memphis$32,000

Buyer Closing Credits

$380*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingSee Remarks, Gravel Drive
Year Built1948
HeatingCentral, Natural Gas
CoolingNone
BasementYes
MLS #4095964
Lot Size0.30 Acres
StatusActive

About 1949 Prospect St

Fantastic opportunity for an awesome investment property or owner occupant fixer upper. Property has big potential needing some TLC. The main floor has the kitchen, laundry, 1 full bath, two rooms with closets, one room without a closet, and a nearly finished basement with half bath that could be a 2nd or 3rdbedroom, office, or playroom. The property is being sold AS-IS. Get your agent to schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1948
  • Stories: 2
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: Cahltrep Realty, LLC
  • Office Phone: (901) 206-3242
  • Listing Agent: Haydn M Wiseman

Interior Features

Interior Information:

  • Appliances: Water Heater, None
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Parking: See Remarks, Gravel Drive

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: From 240, go west on Norris Rd/E Mallory, go north on Prospect St., Home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $32,000
  • Price Per SqFt: $31/SqFt

Tax Information:

  • Annual Amount: $378
  • 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

$183K

# of Sold Homes

362

1949 Prospect St vs Memphis

42 DAYS ON ROCKET

$32,000

-$151K Less

$31/SqFt

KEY TAKEAWAY

This property is $151K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: MLS United
  • MLS Number: #4095964

Listing Office:

  • Office Name: Cahltrep Realty, LLC
  • Office Phone: (901) 206-3242
  • Listing Agent: Haydn M Wiseman

Information is deemed to be reliable but not guaranteed. Copyright 2024, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:56:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 02, 2020Home Sold
$33,000

Tax History

YEARPROP. TAXASSESSMENT
2021$378$5,225
2020$226$3,125
2019$226$3,125
2018$128$3,125
2017$172$3,125

History based on county public records data.

Payment Calculator

$227

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$162

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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-4309592
3
/10

  • Alton Elementary School

  • 2020 Alton Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-4309593
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.05 miles

  • Public Charter Grades KG-5

school-card-donut-4309594
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.35 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 $28,125. Residents of Memphis, TN typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1949 Prospect St

What is the listing price of this property?

The listing price of 1949 Prospect St property is $32,000.

What type of property is this?

The property 1949 Prospect St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1949 Prospect St 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 $378 (source: MLS/based on county public records data).

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

The last sale was on November 2, 2020 for $33,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1949 Prospect St has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1949 Prospect St is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1949 Prospect St is 1948.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1949 Prospect St

This home is located at 1949 Prospect St in Memphis, TN and zip code 38106 in the Longview Heights neighborhood. This 1,020 square foot home, which was built in 1948, sits on a 0.30 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $32,000.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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