4 years on rocket

2985 Thomas Street, Memphis, TN, 38127

$149,000

0.45 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #10078539
Lot Size0.45 Acres
StatusActive

About 2985 Thomas Street

Owner/Agent. Prime investment opportunity. 29,479 ADT (2018). Vacant land ready to build on. Cell tower's perpetual lease does not convey.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.45 Acres

Other

Directions Information:

  • Directions: From 40W, take Exit 2A to Millington. Merge onto US-51 North/Thomas Street. Land is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
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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

$183K

# of Sold Homes

362

2985 Thomas Street vs Memphis

1652 DAYS ON ROCKET

$149,000

-$34K Less

KEY TAKEAWAY

This property is $34K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10078539

Listing Office:

  • Office Name: Keller Williams

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: 12/22/2024, 4:20:51 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

$811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

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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-872138
3
/10

  • Whitney Achievement Elementary School (ASD)

  • 1219 Whitney Ave

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-872139
4
/10

  • Westside Elementary School

  • 3347 Dawn Dr

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-872140
4
/10

  • Frayser Achievement Elementary School (ASD)

  • 1602 Dellwood Ave

  • 1.40 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 $20,619. Residents of Memphis, TN typically earn less than $35k each year. 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 2985 Thomas Street

What is the listing price of this property?

The listing price of 2985 Thomas Street property is $149,000.

What type of property is this?

The property 2985 Thomas Street is land located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 2985 Thomas Street is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2985 Thomas Street is 0.45 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38127›2985 Thomas Street

This home is located at 2985 Thomas Street in Memphis, TN and zip code 38127 in the Frayser neighborhood. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since June 13, 2020 and is currently priced at $149,000.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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