2 months on rocket

3465 Spottswood Ave, Memphis, TN, 38111

$129,900

Home List Price

$1,543*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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3465 Spottswood Ave, Memphis$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1937
HeatingCentral
CoolingCentral Air
MLS #10182947
Lot Size0.27 Acres
StatusActive

About 3465 Spottswood Ave

Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/25. Home is steps away from the University of Memphis and is a great long term hold. Values are really going up in this area! ONLINE VIDEO AVAILABLE UPON REQUEST! Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers or assignments & seller isn't interested in owner or creative financing. Seller is also selling-- 842 Alida, 4088 Claudette, 1690 Berkshire (can be bought individually or in bulk).

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1937
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Part Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head north on Highland from Park, turn left and home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900

Tax Information:

  • Annual Amount: $950
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$183K

# of Sold Homes

362

3465 Spottswood Ave vs Memphis

74 DAYS ON ROCKET

$129,900

-$53.1K Less

KEY TAKEAWAY

This property is $53.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10182947

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: 12/23/2024, 7:20:52 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

Apr 06, 2001Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$950$13,125
2020$688$9,500
2019$688$9,500
2018$390$9,500
2017$405$9,500

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-1155511
10
/10
  • Campus Elementary School

  • 535 Zach Curlin

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-1155512
4
/10
  • Arrow Academy of Excellence

  • 645 Semmes St

  • 0.83 miles

  • Public Charter Grades KG-5

school-card-donut-1155513
3
/10
  • Sherwood Elementary School

  • 1156 Robin Hood Ln

  • 0.95 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,875. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3465 Spottswood Ave

What is the listing price of this property?

The listing price of 3465 Spottswood Ave property is $129,900.

What type of property is this?

The property 3465 Spottswood Ave is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 3465 Spottswood Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $950 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 6, 2001 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3465 Spottswood Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 3465 Spottswood Ave is 1937.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›3465 Spottswood Ave

This home is located at 3465 Spottswood Ave in Memphis, TN and zip code 38111 in the Messick-Buntyn neighborhood. This home, which was built in 1937, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $129,900.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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