3 months on rocket

232 S Yates Rd, Memphis, TN, 38120

$515,000

Home List Price

$6,116*

Closing Credit

5 Bedrooms
3 Full Baths
House

Location

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232 S Yates Rd, Memphis$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Garage Door Opener(s), Garage
Year Built1964
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceIn Den/Great Room
MLS #10181069
Lot Size0.50 Acres
StatusActive

About 232 S Yates Rd

PRICE DROP! Perfect location close to absolutely everything! A+ total renovation w/thoughtful design so DO NOT MISS. New roof, new gutters, new fence, new garage door, new sod/landscaping. Newly refinished hardwoods throughout (no carpet). New paint & fixtures. Beautifully redesigned custom kitchen w/new white cabinets (soft close drawers), Quartz tops & fabulous tile floor & backsplash. Seller to install stainless range, dishwasher & microwave prior to closing. Mud room off kitchen. Three brand new baths all w/custom double vanities & quartz tops. Tons of storage closets throughout & huge walk in attic. Large bedrooms-primary plus 2 beds on main, 2 beds up. Larger than it looks. Upgraded HVAC. 10 out of 10 w/ nothing to do but move right in. Owner/Agent will help pay buyer closing costs. Need to sell your home before you can buy? Owner/Agent will even consider a trade!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1964
  • Stories: 1

Listing Office:

  • Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher, Microwave
  • Flooring Type: Hardwood Throughout, Tile
  • Interior: Walk-In Closet(s), Walk-In Attic, Mud Room, Smoke Detector(s)
  • Fireplace: In Den/Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Deck

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: on S Yates between Walnut Grove and Shady Grove, Drive way is on Sycamore Grove

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000

Tax Information:

  • Annual Amount: $6,681
  • 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

232 S Yates Rd vs Memphis

97 DAYS ON ROCKET

$515,000

+$332K More

KEY TAKEAWAY

This property is $332K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10181069

Listing Office:

  • Office Name: Reedy & Company, REALTORS

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: 12/18/2024, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,681$92,275
2020$5,633$77,750
2019$5,633$77,750
2018$3,196$77,750
2017$3,217$77,750

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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-52539
8
/10

  • Richland Elementary School

  • 5440 Rich Rd

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-52540
8
/10

  • White Station Elementary School

  • 4840 Chickasaw Rd

  • 1.76 miles

  • Public District Grades PK-5

school-card-donut-52541
7
/10

  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 2.20 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,097. Residents of Memphis, TN typically earn between $100k-200k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 232 S Yates Rd

What is the listing price of this property?

The listing price of 232 S Yates Rd property is $515,000.

What type of property is this?

The property 232 S Yates Rd is a house located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 232 S Yates Rd 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 $6,681 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 232 S Yates Rd has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 232 S Yates Rd is 1964.

Rocket Homes›Tennessee›Shelby County›Memphis›38120›232 S Yates Rd

This home is located at 232 S Yates Rd in Memphis, TN and zip code 38120. This home, which was built in 1964, sits on a 0.50 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $515,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

From Rocket Homes Real Estate and based on county public records data.

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