2 months on rocket

2705 Mcmurray St, Memphis, TN, 38118

$118,900

Home List Price

$1,412*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2705 Mcmurray St, Memphis$118,900

Buyer Closing Credits

$1,412*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1957
HeatingCentral
CoolingCentral Air
MLS #10179500
Lot Size0.17 Acres
StatusActive

About 2705 Mcmurray St

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $960 per month and is on a lease until 5/31/2025. This property was fully renovated in 2023 and a new furnace, HVAC and hot water heater were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1957
  • Stories: 1

Listing Office:

  • Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Lamar Ave go east on Pearson Rd, turn left on McMurray St, house is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $118,900

Tax Information:

  • Annual Amount: $1,289
  • Tax Year: 2021
House and calculator

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.

Map thumbnail provided by MapBox

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

2705 Mcmurray St vs Memphis

87 DAYS ON ROCKET

$118,900

-$71.5K Less

KEY TAKEAWAY

This property is $71.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10179500

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: 11/14/2024, 9:20:50 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

Jul 07, 2021Home Sold
$55,000
Sep 19, 2018Home Sold
$66,900
Aug 21, 2018Home Sold
$25,000
Nov 22, 2010Home Sold
$24,000
Jul 06, 2000Home Sold
$31,310

Tax History

YEARPROP. TAXASSESSMENT
2021$1,289$17,800
2020$940$12,975
2019$677$12,975
2018$384$9,350
2017$350$9,350

History based on county public records data.

Payment Calculator

$661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$423

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-330194
4
/10

  • Getwell Elementary School

  • 2795 Getwell Rd

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-330195
3
/10

  • Sharpe Elementary School

  • 3431 Sharpe Ave

  • 0.78 miles

  • Public District Grades PK-5

school-card-donut-330196
4
/10

  • South Park Elementary School

  • 1736 Getwell Rd

  • 1.07 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 $34,783. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

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 2705 Mcmurray St

What is the listing price of this property?

The listing price of 2705 Mcmurray St property is $118,900.

What type of property is this?

The property 2705 Mcmurray St is a house located in Memphis, Tennessee, 38118.

Is this property for sale now?

Active Listing: 2705 Mcmurray 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 $1,289 (source: MLS/based on county public records data).

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

The last sale was on July 7, 2021 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2705 Mcmurray St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2705 Mcmurray St is 1957.

Rocket Homes›Tennessee›Shelby County›Memphis›38118›2705 Mcmurray St

This home is located at 2705 Mcmurray St in Memphis, TN and zip code 38118. This home, which was built in 1957, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $118,900.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. 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.

More Resources