8 months on rocket

251 N Watkins St, Memphis, TN, 38104

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
House

Location

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251 N Watkins St, Memphis$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingCovered
Year Built1910
HeatingOther
CoolingWall/Window Unit(s)
MLS #10167350
StatusActive

About 251 N Watkins St

Attention Investors, Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces. This property needs full renovation. This property holds great revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunities like this don't last long.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 1

Listing Office:

  • Office Name: homecoin.com

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: 9 Ft or More

Exterior Features

Parking Information:

  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: West on Poplar from Stonewall, Right on Watkins

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000

Tax Information:

  • Annual Amount: $3,553
  • 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

$190.4K

# of Sold Homes

409

251 N Watkins St vs Memphis

259 DAYS ON ROCKET

$195,000

+$4.5K More

KEY TAKEAWAY

This property is $4.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10167350

Listing Office:

  • Office Name: homecoin.com

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: 11/22/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,553$49,080
2020$1,440$31,800
2019$1,440$19,875
2018$817$19,875
2017$806$19,875

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-501048
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-501049
8
/10

  • Idlewild Elementary School

  • 1950 Linden Ave

  • 1.29 miles

  • Public Magnet Grades PK-5

school-card-donut-501050
2
/10

  • Vollentine Elementary School

  • 1682 Vollintine Ave

  • 1.48 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,035. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 251 N Watkins St

What is the listing price of this property?

The listing price of 251 N Watkins St property is $195,000.

What type of property is this?

The property 251 N Watkins St is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 251 N Watkins 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 $3,553 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 251 N Watkins St is 1910.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›251 N Watkins St

This home is located at 251 N Watkins St in Memphis, TN and zip code 38104 in the Evergreen Historic District neighborhood. This home was built in 1910. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $195,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked 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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