new - 4 days on rocket

2886 Frances Pl, Memphis, TN, 38111

$529,000

Home List Price

$6,282*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House

Location

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2886 Frances Pl, Memphis$529,000

Buyer Closing Credits

$6,282*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Garage Door Opener(s), Side-Load Garage, Gated Parking, Garage
Year Built1999
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceIn Living Room
ViewOther
MLS #10185355
Lot Size0.24 Acres
StatusActive

About 2886 Frances Pl

This beautiful gated home in the highly sought-after Chickasaw Gardens area features 4 bedrooms and 2.5 bathrooms, blending elegance and functionality. The high ceilings and inviting entryway lead you through the formal living and dining rooms into the family room, adjacent to a spacious kitchen—perfect for family living and entertaining. The primary bedroom with an en-suite bathroom is conveniently located on the main floor. Upstairs, you’ll find three additional bedrooms, an office space, and a full bathroom. The home includes a 2-car garage with extra room for additional parking. Outdoor living is a delight with a covered front porch and a back deck. The fully fenced yard is cross-fenced, providing secure play areas for children and pets. An added bonus is the new Generac generator, ensuring you never go without power. This home offers comfort, style, and peace of mind—perfect for any family.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1999
  • Stories: 1

Listing Office:

  • Office Name: Fast Track Realty, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Textured Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Security System, Smoke Detector(s)
  • Fireplace: In Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Deck, Wood Fence

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Gated Parking, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Fencing
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Central go South on Haynes and left onto Frances Place. House on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,000

Tax Information:

  • Annual Amount: $8,049
  • Tax Year: 2021
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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

2886 Frances Pl vs Memphis

4 DAYS ON ROCKET

$529,000

+$338.5K More

KEY TAKEAWAY

This property is $338.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185355

Listing Office:

  • Office Name: Fast Track Realty, LLC

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, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 11, 2021Home Sold
$499,000
Sep 17, 2019Home Sold
$375,000
Apr 10, 2008Home Sold
$312,000
Jan 17, 2008Home Sold
$348,000
Jul 09, 2002Home Sold
$285,000
Apr 16, 1999Home Sold
$48,000
Jul 23, 1998Home Sold
$46,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,049$111,175
2020$7,164$98,875
2019$7,164$98,875
2018$4,064$98,875
2017$3,763$98,875

History based on county public records data.

Payment Calculator

$2,708

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,652

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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-196557
4
/10
  • Arrow Academy of Excellence

  • 645 Semmes St

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-196558
3
/10
  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 0.85 miles

  • Public Charter Grades KG-5

school-card-donut-196559
3
/10
  • Dunbar Elementary School

  • 2606 Select Ave

  • 1.19 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,880. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2886 Frances Pl

What is the listing price of this property?

The listing price of 2886 Frances Pl property is $529,000.

What type of property is this?

The property 2886 Frances Pl is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 2886 Frances Pl 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 $8,049 (source: MLS/based on county public records data).

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

The last sale was on August 11, 2021 for $499,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2886 Frances Pl has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 2886 Frances Pl is 1999.

Rocket HomesTennesseeShelby CountyMemphis381112886 Frances Pl

This home is located at 2886 Frances Pl in Memphis, TN and zip code 38111 in the Beltline neighborhood. This home, which was built in 1999, sits on a 0.24 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $529,000.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale 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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