2 months on rocket

2038 Southern Ave, Memphis, TN, 38114

$3,120,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAsphalt/Blacktop
Year Built1960
HeatingOther
CoolingOther
MLS #10181972
StatusActive

About 2038 Southern Ave

Newly renovated in 2022! The property is stabilized and turn-key. In Memphis' historic Cooper Young district: a hot spot for restaurants, bars, and the arts. Renovation included new flooring, updated kitchens, fully-finished bathrooms, exterior finished, and beautiful landscaping. All units equipped with stacked washer/dryers. Please call listing agent for details or showing. Do not disturb tenants!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2

Listing Office:

  • Office Name: Woodyard Realty Corp

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other (See Remarks)

Exterior Features

Exterior Information:

  • Exterior: Other (See Remarks)

Parking Information:

  • Parking: Asphalt/Blacktop

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: South on Cooper St., Right on Southern, property on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,120,000

Tax Information:

  • Annual Amount: $18,928
  • 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

2038 Southern Ave vs Memphis

87 DAYS ON ROCKET

$3,120,000

+$2.9M More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10181972

Listing Office:

  • Office Name: Woodyard Realty Corp

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: 12/21/2024, 11:20:52 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

Sep 09, 2020Home Sold
$625,000
May 25, 2016Home Sold
$525,001
Jan 07, 2000Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,928$261,440
2020$13,376$184,600
2019$13,376$184,600
2018$7,587$184,600
2017$6,992$184,600

History based on county public records data.

Payment Calculator

$15.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,420

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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.

Nearby Schools

school-card-donut-821252
5
/10

  • Peabody Elementary School

  • 2086 Young Ave

  • 0.24 miles

  • Public Magnet Grades PK-5

school-card-donut-821253
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.89 miles

  • Public Magnet Grades PK-5

school-card-donut-821254
3
/10

  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 1.02 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,838. Most Memphis, TN residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2038 Southern Ave

What is the listing price of this property?

The listing price of 2038 Southern Ave property is $3,120,000.

What type of property is this?

The property 2038 Southern Ave is a condo located in Memphis, Tennessee, 38114.

Is this property for sale now?

Active Listing: 2038 Southern Ave 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 $18,928 (source: MLS/based on county public records data).

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

The last sale was on September 9, 2020 for $625,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2038 Southern Ave is 1960.
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Rocket Homes›Tennessee›Shelby County›Memphis›38114›2038 Southern Ave

This home is located at 2038 Southern Ave in Memphis, TN and zip code 38114 in the Cooper Young neighborhood. This home was built in 1960. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $3,120,000.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. 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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