ParkingDriveway/Pad, Garage Door Opener(s), Side-Load Garage, Garage
Year Built1981
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceMasonry, Decorative Only, In Living Room, Other (See Remarks)
ViewOther
MLS #10172227
Lot Size0.28 Acres
StatusAccepting Backup Offers (Contingent)
About 212 Ericson Rd
Welcome to this contemporary 3bed/2bath property w/ plenty of updates in Walnut Grove Lake subdivision! NEW: A/C, furnace, vinyl flooring, garage motor, NEST thermostat & more (See updates doc). Kitchen offers eat-in ext’d breakfast bar, extra storage & SS appliances. Home boasts a lrge side deck & huge screened-in porch overlooking spacious landscaped backyard to enjoy wonderful Memphis mornings & nights. This beautiful 1-story home in the sought after neighborhood w/ lake access is a MUST SEE!
Flooring Type: Hardwood Throughout, Part Hardwood, Tile, Smooth Ceiling
Interior: All Window Treatments, Pull Down Attic Stairs, Sky Light(s), Mud Room, Smoke Detector(s)
Fireplace: Masonry, Decorative Only, In Living Room, Other (See Remarks)
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Other
Exterior: Screen Porch
Parking Information:
Parking: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Garage
Lot Features
Lot Information:
Lot: Few Trees, Level, Landscaped, Fencing
Lot Size: 0.28 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: From Walnut Grove, go South on Ericson Rd (across from FACS) entering Walnut Grove Lake subdivision. Home will be on left just past Lief Cv.
Price Information
Listing Price Info
Price Summary:
List Price: $295,000
HOA Fees:
Amount: $408
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,574
Per Month
Principal & Interest
$1,473
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)
$34
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
$951
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 school9.72 miles
Public District Grades 6-12
Nearby Schools
3
/10
Cordova Elementary School
750 N Sanga Rd
Distance between this listing and this school1.68 miles
Public Magnet Grades PK-5
6
/10
Riverwood Elementary School
1330 Stern Ln
Distance between this listing and this school2.64 miles
Public Magnet Grades PK-5
5
/10
Germantown Elementary School
2730 Cross Country Dr
Distance between this listing and this school3.68 miles
Public District Grades KG-5
Nearby Schools
2
/10
Cordova Middle School
900 N Sanga Rd
Distance between this listing and this school1.88 miles
Public Magnet Grades 6-8
6
/10
Germantown Middle School
7925 Cd Smith Rd
Distance between this listing and this school3.64 miles
Public District Grades 6-8
5
/10
Dexter Middle School
6998 East Raleigh
Distance between this listing and this school3.87 miles
Public District Grades 5-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school9.72 miles
Public District Grades 6-12
Nearby Schools
4
/10
Germantown High School
7653 Old Poplar Pk
Distance between this listing and this school3.26 miles
Public Magnet Grades 9-12
4
/10
Cordova High School
1800 Berryhill Rd
Distance between this listing and this school3.81 miles
The neighbors living near this home have an average income of $97,612. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 212 Ericson Rd
What is the listing price of this property?
The listing price of 212 Ericson Rd property is $295,000.
What type of property is this?
The property 212 Ericson Rd is a house located in Memphis, Tennessee, 38018.
Is this property for sale now?
Accepting Backup Offers: 212 Ericson Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 212 Ericson Rd are: Memphis Virtual School: GreatSchools Rating 1/10
How many bedrooms and bathrooms does this property have?
The property at 212 Ericson Rd has 3 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 212 Ericson Rd is 1981.
This home is located at 212 Ericson Rd in Memphis, TN and zip code 38018 in the Walnut Grove Lake neighborhood. This home, which was built in 1981, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $295,000.
Memphis, TN housing market in April 2024 saw over 75 listings sold above listed price, more than 122 sold at listed price and over 272 sold below. In April 2024 in Memphis, TN there were 13.1% more homes for sale than in March 2024.
From Rocket Homes Real Estate and based on county public records data.