4 years on rocket

3291 Thomas Street, Memphis, TN, 38127

$75,000

Home List Price

$891*

Closing Credit

0 Baths
House

Location

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3291 Thomas Street, Memphis$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Side-Load Garage
Year Built1949
HeatingOther
CoolingOther
MLS #10072452
Lot Size0.48 Acres
StatusActive

About 3291 Thomas Street

Former restaurant for sale on very prominent/busy street. Tons of national retailers on the same side of the street. Excellent opportunity for a restaurant, office, night club, etc. Buyer will need to confirm zoning, seller assumes no responsibility for intended use. This was bought via a tax sale--title insurance may not be available. Only pre-approved buyers. Online video tour available upon request. Property being sold as-is.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1949
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad, Side-Load Garage

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Millington road headed south to Frayser Blvd, head West on Frayser Blvd, turn left to head south on Thomas St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
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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

3291 Thomas Street vs Memphis

1720 DAYS ON ROCKET

$75,000

-$115.4K Less

KEY TAKEAWAY

This property is $115.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10072452

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: 11/24/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-1081867
4
/10

  • Westside Elementary School

  • 3347 Dawn Dr

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-1081868
3
/10

  • Whitney Achievement Elementary School (ASD)

  • 1219 Whitney Ave

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-1081869
4
/10

  • Frayser Achievement Elementary School (ASD)

  • 1602 Dellwood Ave

  • 1.20 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 $26,000. Typical income of Memphis, TN residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3291 Thomas Street

What is the listing price of this property?

The listing price of 3291 Thomas Street property is $75,000.

What type of property is this?

The property 3291 Thomas Street is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 3291 Thomas Street is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 3291 Thomas Street is 1949.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›3291 Thomas Street

This home is located at 3291 Thomas Street in Memphis, TN and zip code 38127 in the Frayser neighborhood. This home, which was built in 1949, sits on a 0.48 acre lot. It has been listed on Rocket Homes since March 09, 2020 and is currently priced at $75,000.

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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