5 months on rocket

2961 Southwall Cv, Memphis, TN, 38114

$119,900

Home List Price

$1,424*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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2961 Southwall Cv, Memphis$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1953
HeatingOther
CoolingOther
MLS #10174010
Lot Size0.25 Acres
StatusActive

About 2961 Southwall Cv

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $935 per month and is on a lease until 6/30/2026. This property was newly renovated in 2023 and a new furnace and central A/C 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: 1953
  • Stories: 1

Listing Office:

  • Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Level, Corner Lot
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Lamar Ave (Hwy 78) go west on Semmes St, turn left on Southwall St, turn right on Southwall Cv, house is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
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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

2961 Southwall Cv vs Memphis

168 DAYS ON ROCKET

$119,900

-$70.5K Less

KEY TAKEAWAY

This property is $70.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10174010

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: 11/22/2024, 11:20:52 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

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-597601
4
/10
  • Cherokee Elementary School

  • 3061 Kimball Ave

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-597602
3
/10
  • Sharpe Elementary School

  • 3431 Sharpe Ave

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-597603
4
/10
  • Bethel Grove Elementary School

  • 2459 Arlington Ave

  • 1.55 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,960. Most Memphis, TN residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2961 Southwall Cv

What is the listing price of this property?

The listing price of 2961 Southwall Cv property is $119,900.

What type of property is this?

The property 2961 Southwall Cv is a house located in Memphis, Tennessee, 38114.

Is this property for sale now?

Active Listing: 2961 Southwall Cv is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2961 Southwall Cv has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2961 Southwall Cv is 1953.

Rocket Homes›Tennessee›Shelby County›Memphis›38114›2961 Southwall Cv

This home is located at 2961 Southwall Cv in Memphis, TN and zip code 38114 in the Fairlawn neighborhood. This home, which was built in 1953, sits on a 0.25 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $119,900.

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 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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