new - 7 days on rocket

2725 Lombardy Ave, Memphis, TN, 38111

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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2725 Lombardy Ave, Memphis$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Circular Drive, Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers, Garage
Year Built1938
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
FireplaceMasonry, Decorative Only, In Living Room, Gas Logs
ViewOther
MLS #10185116
Lot Size0.61 Acres
StatusActive

About 2725 Lombardy Ave

This exceptional Greek revival style "raised cottage" was built in 1938, designed by architect Everett Wood. The current owners purchased the home from its original owner in 1985. Located on a large and well landscaped lot in a highly sought after neighborhood near Chickasaw Gardens, this custom built home boasts slate roof, high ceilings, tall windows, hardwood floors, deep moldings, and so much charm. The wide entry hall leads to a formal dining room, and a large formal living room with lots of light, gas fireplace, and built in book cases. The sunroom, formerly a screened porch, makes a cozy den with travertine tile floor and views of the beautiful brick patio and eastern lawn. There are three generously sized bedrooms, and two full bathrooms. The attic provides ample storage, including a large cedar lined closet. There is a 525 sq ft guest space with kitchenette, and full bath. There is a 3 car detached garage and large parking area behind the automatic gate.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1938
  • Stories: 1

Listing Office:

  • Office Name: Sowell, Realtors

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Ice Maker
  • Basement: Yes
  • Flooring Type: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Cedar Lined Closet(s), Permanent Attic Stairs
  • Fireplace: Masonry, Decorative Only, In Living Room, Gas Logs

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Dog Run, Porch, Patio, Wood Fence, Iron Fence

Parking Information:

  • Parking: Driveway/Pad, Circular Drive, Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Landscaped, Fencing
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Poplar Avenue, turn south onto Humes Street. Turn west onto Lombardy Ave.; property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000

Tax Information:

  • Annual Amount: $10,062
  • Tax Year: 2021
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Housing Market Comparison

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

2725 Lombardy Ave vs Memphis

7 DAYS ON ROCKET

$599,000

+$408.5K More

KEY TAKEAWAY

This property is $408.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185116

Listing Office:

  • Office Name: Sowell, 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: 11/21/2024, 2:20:51 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$10,062$138,975
2020$9,144$126,200
2019$9,144$126,200
2018$5,593$126,200
2017$5,222$136,075

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-316330
3
/10

  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 0.87 miles

  • Public Charter Grades KG-5

school-card-donut-316331
4
/10

  • Arrow Academy of Excellence

  • 645 Semmes St

  • 0.91 miles

  • Public Charter Grades KG-5

school-card-donut-316332
3
/10

  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 1.17 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $200,528. The majority of Memphis, TN residents have income $200k+ annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2725 Lombardy Ave

What is the listing price of this property?

The listing price of 2725 Lombardy Ave property is $599,000.

What type of property is this?

The property 2725 Lombardy Ave is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 2725 Lombardy Ave 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 $10,062 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2725 Lombardy Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 2725 Lombardy Ave is 1938.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›2725 Lombardy Ave

This home is located at 2725 Lombardy Ave in Memphis, TN and zip code 38111 in the Fenwick Road neighborhood. This home, which was built in 1938, sits on a 0.61 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $599,000.

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 number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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