26 days on rocket

Sale Pending

3138 Monterrey Sq, Memphis, TN, 38111

$144,900

Home List Price

$1,721*

Closing Credit

0 Baths
Multi

Location

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3138 Monterrey Sq, Memphis$144,900

Buyer Closing Credits

$1,721*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1973
HeatingOther
CoolingOther
MLS #10183495
StatusSale Pending
(Pending)

About 3138 Monterrey Sq

Great opportunity to own a professionally managed investment property exceeding the 1% rule! Please do not disturb tenants. Inspections/walkthrough to be performed with an accepted contract.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See REMARKS)
  • Year Built: 1973
  • Stories: 2

Listing Office:

  • Office Name: Paradigm21 Realty

Interior Features

Interior Information:

  • Flooring Type: Part Carpet

Exterior Features

Exterior Information:

  • Exterior: Other (See Remarks)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Going East on Central, turn right onto S Highland St Turn right onto Spottswood Ave Turn right onto Safari Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $144,900

Tax Information:

  • Annual Amount: $1,952
  • 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

3138 Monterrey Sq vs Memphis

26 DAYS ON ROCKET

$144,900

-$45.5K Less

KEY TAKEAWAY

This property is $45.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183495

Listing Office:

  • Office Name: Paradigm21 Realty

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: 11/13/2024, 1:20:48 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

Oct 13, 2021Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,952$26,960
2020$2,211$30,520
2019$2,211$30,520
2018$1,254$30,520
2017$1,224$30,520

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-295325
4
/10

  • Arrow Academy of Excellence

  • 645 Semmes St

  • 0.23 miles

  • Public Charter Grades KG-5

school-card-donut-295326
3
/10

  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 1.09 miles

  • Public Charter Grades KG-5

school-card-donut-295327
3
/10

  • Dunbar Elementary School

  • 2606 Select Ave

  • 1.15 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 $32,910. Most Memphis, TN residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38111›3138 Monterrey Sq

This home is located at 3138 Monterrey Sq in Memphis, TN and zip code 38111 in the Messick-Buntyn neighborhood. This home was built in 1973. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $144,900.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. 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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