12 days on rocket

2197 S Wellington St, Memphis, TN, 38106

$28,000

Home List Price

$333*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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2197 S Wellington St, Memphis$28,000

Buyer Closing Credits

$333*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1949
HeatingOther
CoolingOther
MLS #10185967
Lot Size0.27 Acres
StatusActive

About 2197 S Wellington St

This 3-bedroom, 1.5-bathroom home with separate dining room offers a prime investment opportunity for the savvy buyer. While the property has experienced fire damage, the previous owner has completed some repairs, making it a great starting point for a new investor to step in and finish the job. Bring your vision and transform this property into a profitable asset. Priced to Sell - Full Rehab Required - Property sold AS-IS only.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From S. Third turn right onto E Mallory Ave left onto S Wellington. Home is on left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $28,000

Tax Information:

  • Annual Amount: $610
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$183K

# of Sold Homes

362

2197 S Wellington St vs Memphis

12 DAYS ON ROCKET

$28,000

-$155K Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10185967

Listing Office:

  • Office Name: Keller Williams

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: 12/11/2024, 3:20:54 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

Mar 22, 2007Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021$610$8,425
2020$572$7,900
2019$572$7,900
2018$325$7,900
2017$336$7,900

History based on county public records data.

Payment Calculator

$207

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$150

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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-1699197
3
/10
  • Alton Elementary School

  • 2020 Alton Ave

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-1699198
2
/10
  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 1.47 miles

  • Public Charter Grades KG-5

school-card-donut-1699199
3
/10
  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,949. The most common annual income of people living in Memphis, TN is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2197 S Wellington St

What is the listing price of this property?

The listing price of 2197 S Wellington St property is $28,000.

What type of property is this?

The property 2197 S Wellington St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 2197 S Wellington 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 $610 (source: MLS/based on county public records data).

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

The last sale was on March 22, 2007 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2197 S Wellington St has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 2197 S Wellington St is 1949.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›2197 S Wellington St

This home is located at 2197 S Wellington St in Memphis, TN and zip code 38106 in the Longview Heights neighborhood. This home, which was built in 1949, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $28,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. The number of listings 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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