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3141 E Shelby Dr, Memphis, TN, 38118

$450,000

9.18 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10176187
Lot Size9.18 Acres
StatusAccepting Backup Offers
(Contingent)

About 3141 E Shelby Dr

Great location and priced to sell

Property Details

Property Features

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot
  • Lot Size: 9.18 Acres

Other

Directions Information:

  • Directions: East on Shelby Dr past the airport. Lot is on the right. Located across from thr TN drivers licensed testing.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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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

3141 E Shelby Dr vs Memphis

136 DAYS ON ROCKET

$450,000

+$259.5K More

KEY TAKEAWAY

This property is $259.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10176187

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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, 12:20:49 PM 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

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-476145
4
/10
  • Oakhaven Elementary School

  • 3795 Bishops Bridge Rd

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-476146
4
/10
  • Gardenview Elementary School

  • 4075 Hartz Dr

  • 2.47 miles

  • Public District Grades PK-5

school-card-donut-476147
4
/10
  • Oakshire Elementary School

  • 1765 E Holmes Rd

  • 2.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,796. The majority of Memphis, TN residents have income between $35k-100k annually. The most common type of family 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

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 3141 E Shelby Dr

What is the listing price of this property?

The listing price of 3141 E Shelby Dr property is $450,000.

What type of property is this?

The property 3141 E Shelby Dr is land located in Memphis, Tennessee, 38118.

Is this property for sale now?

Accepting Backup Offers: 3141 E Shelby Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 3141 E Shelby Dr is 9.18 acres.
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Rocket HomesTennesseeShelby CountyMemphis381183141 E Shelby Dr

This home is located at 3141 E Shelby Dr in Memphis, TN and zip code 38118. This home sits on a 9.18 acre lot. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $450,000.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

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