3228 Mountain Ter, Memphis, TN, 38127

Location

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3228 Mountain Ter, Memphis$65,900

Buyer Closing Credits

$783^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingOther (See REMARKS)

Year Built1935

HeatingOther

CoolingOther

WaterfrontOther

MLS #10173286

Lot Size0.27 Acres

StatusSale Pending
(Pending)

About 3228 Mountain Ter

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

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Property Details

Property Features

Property Information:

• Architectural Style: Other (See Remarks)
• Year Built: 1935
• 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: 0.27 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: Other

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: North on Rangeline, Left on Whitney, Right on Moutain Terrace

Price Information

Listing Price Info

Price Summary:

• List Price: $65,900

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$190.8K

Med. Price/SqFt

$117

# of Sold Homes

415

3228 Mountain Ter vs Memphis

122 DAYS ON ROCKET

$65,900

-$124.9K Less

KEY TAKEAWAY

This property is $124.9K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10173286

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: 9/28/2024, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38127›3228 Mountain Ter

This home is located at 3228 Mountain Ter in Memphis, TN and zip code 38127 in the South Memphis neighborhood. This home, which was built in 1935, sits on a 0.27 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $65,900.

Over 62 listings were sold over their listed price in August 2024 in Memphis, TN. In the same period over 237 listings were sold below the listed price and 116 listings were sold for the listed price. Between July 2024 and August 2024, Memphis, TN real estate market has seen increase in the number of listings by 7.5%.

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