1949 Prospect St, Memphis, TN, 38106

Location

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1949 Prospect St, Memphis$39,000

Buyer Closing Credits

$463^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1948

HeatingCentral, Natural Gas

CoolingNone

BasementYes

WaterfrontOther

MLS #10184597

Lot Size0.29 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 3rd bedroom, office, or playroom. The property is being sold AS-IS. Get your agent to schedule a viewing today!

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1948
• Stories: 1

Listing Office:

• Office Name: Cahltrep Realty, LLC

Interior Features

Interior Information:

• Appliances: Other
• Basement: Yes
• Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

• Waterfront: Other
• Exterior: Wrought Iron Security Drs

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Other
• Lot Size: 0.29 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: $39,000

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.

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

1949 Prospect St vs Memphis

9 DAYS ON ROCKET

$39,000

-$151.4K Less

KEY TAKEAWAY

This property is $151.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

• MLS Number: #10184597

Listing Office:

• Office Name: Cahltrep Realty, 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, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 02, 2020	Nov 02, 2020Home Sold	$33,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
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.

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**Disclosures

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 home, which was built in 1948, sits on a 0.29 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $39,000.

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. 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.