2986 Lounette St, Memphis, TN, 38114

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2986 Lounette St, Memphis$90,000

Buyer Closing Credits

$1,069^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingOther (See REMARKS)

Year Built1953

HeatingOther

CoolingOther

WaterfrontOther

MLS #10185297

Lot Size0.46 Acres

StatusActive

About 2986 Lounette St

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

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Property Details

Property Features

Property Information:

• Architectural Style: Other (See Remarks)
• Year Built: 1953
• Stories: 1

Listing Office:

• Office Name: CrestCore Realty MphsBrokerage

Interior Features

Interior Information:

• Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Other
• Exterior: Other (See REMARKS)

Parking Information:

• Parking: Other (See REMARKS)

Lot Features

Lot Information:

• Lot: Other
• Lot Size: 0.46 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: Other

Other

Directions Information:

• Directions: From 240W, take exit 21 onto Lamar, 78W. Turn left onto Prescott. Slight right onto Lamar. Left onto Semmes. Left onto Wildrose. Right onto Armistead. Left onto Lounette.

Price Information

Listing Price Info

Price Summary:

• List Price: $90,000

Tax Information:

• Annual Amount: $749
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

2986 Lounette St vs Memphis

32 DAYS ON ROCKET

$90,000

-$93K Less

KEY TAKEAWAY

This property is $93K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #10185297

Listing Office:

• Office Name: CrestCore Realty MphsBrokerage

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: 12/18/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 26, 2017	Sep 26, 2017Home Sold	$167,000
Dec 13, 2004	Dec 13, 2004Home Sold	$15,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$749	$10,350
2020	$414	$5,725
2019	$414	$5,725
2018	$235	$5,725
2017	$272	$5,725

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38114›2986 Lounette St

This home is located at 2986 Lounette St in Memphis, TN and zip code 38114 in the Fairlawn neighborhood. This home, which was built in 1953, sits on a 0.46 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $90,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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