This lovely home in Higbee district has been renovated in the last 2 years. No showings without an accepted offer. This property is tenant occupied with a lease expiring in November. Call your realtor today for details!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,159
Per Month
Principal & Interest
$2,092
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
$1,323
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 school4.93 miles
Public District Grades 6-12
Nearby Schools
8
/10
Idlewild Elementary School
1950 Linden Ave
Distance between this listing and this school0.47 miles
Public Magnet Grades KG-5
5
/10
Peabody Elementary School
2086 Young Ave
Distance between this listing and this school0.48 miles
Public Magnet Grades PK-5
4
/10
Rozelle Elementary School
993 Roland St
Distance between this listing and this school1.02 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Bellevue Middle School
575 S Bellevue Blvd
Distance between this listing and this school1.55 miles
Public Magnet Grades 6-8
3
/10
Snowden School
1870 North Pw
Distance between this listing and this school1.80 miles
Public Magnet Grades PK-8
4
/10
Cummings School
1037 Cummings St
Distance between this listing and this school2.00 miles
Public Magnet Grades PK-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school4.93 miles
Public District Grades 6-12
Nearby Schools
7
/10
Middle College High School
750 E Parkway S
Distance between this listing and this school0.70 miles
Public District Grades 9-12
3
/10
Central High School
306 S Bellevue Blvd
Distance between this listing and this school1.52 miles
The neighbors living near this home have an average income of $70,119. Most Memphis, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2027 Higbee Ave
What is the listing price of this property?
The listing price of 2027 Higbee Ave property is $419,000.
What type of property is this?
The property 2027 Higbee Ave is a house located in Memphis, Tennessee, 38104.
Is this property for sale now?
Active Listing: 2027 Higbee Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2027 Higbee Ave 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 $5,198 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 10, 2004 for $159,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2027 Higbee Ave has 3 bedrooms and 3 bathrooms.
Which year was this property built?
The year of construction for 2027 Higbee Ave is 1925.
This home is located at 2027 Higbee Ave in Memphis, TN and zip code 38104 in the Midtown neighborhood. This home, which was built in 1925, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $419,000.
Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed 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.