new - 1 day on rocket

2986 Lounette St, Memphis, TN, 38114

$90,000

Home List Price

$1,069*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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2986 Lounette St, Memphis$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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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.

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.

Med. Sold Price

$190.4K

# of Sold Homes

409

2986 Lounette St vs Memphis

1 DAY ON ROCKET

$90,000

-$100.4K Less

KEY TAKEAWAY

This property is $100.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 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: 11/17/2024, 11:20:48 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

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

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-467361
4
/10
  • Cherokee Elementary School

  • 3061 Kimball Ave

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-467362
3
/10
  • Sharpe Elementary School

  • 3431 Sharpe Ave

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-467363
4
/10
  • Bethel Grove Elementary School

  • 2459 Arlington Ave

  • 1.49 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. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2986 Lounette St

What is the listing price of this property?

The listing price of 2986 Lounette St property is $90,000.

What type of property is this?

The property 2986 Lounette St is a house located in Memphis, Tennessee, 38114.

Is this property for sale now?

Active Listing: 2986 Lounette St 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 $749 (source: MLS/based on county public records data).

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

The last sale was on September 26, 2017 for $167,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2986 Lounette St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2986 Lounette St is 1953.

Rocket HomesTennesseeShelby CountyMemphis381142986 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.

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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