9 months on rocket

305 Nicolet Dr, Memphis, TN, 38109

$49,900

1.02 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10166112
Lot Size1.02 Acres
StatusActive

About 305 Nicolet Dr

If you want an exceptional 1 full acre of land to build your new dream home in a quiet, beautiful and GATED neighborhood, 305 Nicolet is where you want to build. IT IS ABSOLUTELY BEAUTIFUL AND A PERFECT PLACE TO BUILD YOUR DREAM HOME IN A SECURE, MATURE & WELCOMING COMMUNITY!! This land is well worth the investment. IT IS A MUST SEE!! Please submit all offers to lmhomes901@gmail.com. 4 Success Realty LLC will hold the $1000 earnest money and Regency Title and Escrow is the closing attorney.

Property Details

Property Features

Listing Office:

  • Office Name: 4 Success Realty, LLC

Lot Features

Lot Information:

  • Lot: City Lot, Subdivision
  • Lot Size: 1.02 Acres

Other

Directions Information:

  • Directions: South on Horn Lake past Holmes. Day Estates Subdivision on the right. Land will be on the left from the entrance 8 houses up from the gate entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900

Tax Information:

  • Annual Amount: $986
  • Tax Year: 2021
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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

$190.4K

# of Sold Homes

409

305 Nicolet Dr vs Memphis

272 DAYS ON ROCKET

$49,900

-$140.5K Less

KEY TAKEAWAY

This property is $140.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10166112

Listing Office:

  • Office Name: 4 Success 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: 11/15/2024, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 2020Home Sold
$34,000

Tax History

YEARPROP. TAXASSESSMENT
2021$986$13,625
2020$824$11,375
2019$824$11,375
2018$468$11,375
2017$497$11,375

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-556624
3
/10

  • Geeter School

  • 4649 Horn Lake Rd

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-556625
3
/10

  • Westhaven Elementary School

  • 4585 Hodge Rd

  • 2.02 miles

  • Public District Grades PK-5

school-card-donut-556626
4
/10

  • Double Tree Elementary School

  • 4560 Double Tree Rd

  • 2.19 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,217. The most common annual income of people living in Memphis, TN is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 305 Nicolet Dr

What is the listing price of this property?

The listing price of 305 Nicolet Dr property is $49,900.

What type of property is this?

The property 305 Nicolet Dr is land located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 305 Nicolet Dr 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 $986 (source: MLS/based on county public records data).

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

The last sale was on December 2, 2020 for $34,000. (source: MLS/tax record).

How much acreage is this property?

The property 305 Nicolet Dr is 1.02 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38109›305 Nicolet Dr

This home is located at 305 Nicolet Dr in Memphis, TN and zip code 38109. This home sits on a 1.02 acre lot. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $49,900.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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