Price Improvement! Unlock the potential of this 3 bedroom home in the thriving Knightwoods Subdivision. Perfectly positioned for both families and investors, this property features a generous sized backyard, a cozy kitchen/living room combo! With strong rental demand and close proximity to amenities, this is a prime opportunity you won’t want to miss!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1968
Stories: 1
Listing Office:
Office Name: Premier Realty Group, LLC
Interior Features
Interior Information:
Flooring Type: Part Hardwood, Part Carpet, Tile
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Wrought Iron Security Drs
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Fencing
Lot Size: 0.39 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Take I-240 W to S Perkins Rd in Memphis. Take exit 18 from I-240 W Turn right onto Poplar Ave merge onto I-240 W toward Jackson Miss Use the right 2 lanes to take exit 18 for Perkins Rd Take American Way to Goodlett Rd
Price Information
Listing Price Info
Price Summary:
List Price: $129,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$716
Per Month
Principal & Interest
$649
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$456
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Sheffield Elementary School
4290 Chuck Ave
Distance between this listing and this school0.33 miles
Public District Grades PK-5
4
/10
Getwell Elementary School
2795 Getwell Rd
Distance between this listing and this school0.98 miles
Public District Grades PK-5
3
/10
Evans Elementary School
4949 Cottonwood Rd
Distance between this listing and this school1.39 miles
Public District Grades PK-5
Nearby Schools
3
/10
American Way Middle School
3805 American Way
Distance between this listing and this school1.23 miles
Public District Grades 6-8
3
/10
Wooddale Middle School (ASD)
3467 Castleman St
Distance between this listing and this school1.77 miles
Public Charter Grades 6-8
4
/10
Power Center Academy Middle School
5449 Winchester Rd
Distance between this listing and this school2.39 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Sheffield High School
4315 Sheffield Ave
Distance between this listing and this school0.10 miles
Public District Grades 9-12
4
/10
Memphis School of Excellence
4921 Winchester Rd
Distance between this listing and this school1.60 miles
Public Charter Grades 6-12
2
/10
Wooddale High School
5151 Scottsdale Ave
Distance between this listing and this school1.72 miles
The neighbors living near this home have an average income of $27,892. The majority of Memphis, TN residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3162 Goodlett Rd
What is the listing price of this property?
The listing price of 3162 Goodlett Rd property is $129,900.
What type of property is this?
The property 3162 Goodlett Rd is a house located in Memphis, Tennessee, 38118.
Is this property for sale now?
Sale Pending: 3162 Goodlett Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
How many bedrooms and bathrooms does this property have?
The property at 3162 Goodlett Rd has 3 bedrooms and 1 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 3162 Goodlett Rd is 1968.
This home is located at 3162 Goodlett Rd in Memphis, TN and zip code 38118 in the Parkway Village neighborhood. This home, which was built in 1968, sits on a 0.39 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $129,900.
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 number of homes for sale 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.