new - 1 day on rocket

242 S Walnut Bend Rd, Memphis, TN, 38018

$215,000

Home List Price

$2,553*

Closing Credit

3 Bedrooms
2 Full Baths
Townhouse

Location

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242 S Walnut Bend Rd, Memphis$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad
Year Built1985
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceMasonry
MLS #10185614
Lot Size0.15 Acres
StatusActive

About 242 S Walnut Bend Rd

Beautiful 3 bedroom, 2 bath home in Cordova. Completely renovated with new stove, new flooring-tile down and carpet up, new paint throughout, and much more. Roof installed in 2019. Living room features a vaulted ceiling, fireplace, and lots of natural light. Just steps away from the many joys of Shelby Farms Park and its 4500 acres of green space where you can run, walk, picnic, sail, kayak, bike, hike, and more. Convenient to shopping and main roads to get around town. Fenced back yard.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1985
  • Stories: 1

Listing Office:

  • Office Name: Northpoint Asset Management, L

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Part Carpet, Tile
  • Interior: All Window Treatments
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Germantown Parkway North from Wolf River, turn east on S. Walnut Bend. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

242 S Walnut Bend Rd vs Memphis

1 DAY ON ROCKET

$215,000

+$24.5K More

KEY TAKEAWAY

This property is $24.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185614

Listing Office:

  • Office Name: Northpoint Asset Management, L

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: 11/23/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-828175
3
/10
  • Cordova Elementary School

  • 750 N Sanga Rd

  • 2.15 miles

  • Public Magnet Grades PK-5

school-card-donut-828176
8
/10
  • Farmington Elementary School

  • 2085 Cordes Rd

  • 2.33 miles

  • Public District Grades PK-5

school-card-donut-828177
6
/10
  • Riverwood Elementary School

  • 1330 Stern Ln

  • 2.85 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,612. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in married, no kids family. 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 242 S Walnut Bend Rd

What is the listing price of this property?

The listing price of 242 S Walnut Bend Rd property is $215,000.

What type of property is this?

The property 242 S Walnut Bend Rd is a townhouse located in Memphis, Tennessee, 38018.

Is this property for sale now?

Active Listing: 242 S Walnut Bend Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 242 S Walnut Bend Rd has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 242 S Walnut Bend Rd is 1985.

Rocket HomesTennesseeShelby CountyMemphis38018242 S Walnut Bend Rd

This home is located at 242 S Walnut Bend Rd in Memphis, TN and zip code 38018. This home, which was built in 1985, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $215,000.

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. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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