3496 Lynchburg St, Memphis, TN, 38135

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

3496 Lynchburg St, Memphis$237,000

Buyer Closing Credits

$2,814^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1969

HeatingCentral

CoolingCentral Air

MLS #10187614

Lot Size0.28 Acres

StatusActive

About 3496 Lynchburg St

Completely renovated home featuring a new AC, roof & HWH, updated kitchen and any deferred maintenance items. Perfect for a first-time home buyer or investor. Can be bought individually or in a package of updated homes from teh seller. The renovation performed is designed to reduce owner/ investor maintenance. Need a Quick Sell? We are always looking for homes to buy. Will take them "as is" without inspection and pay cash. Call listing agent for details.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1969
• Stories: 1

Listing Office:

• Office Name: CB Properties of Memphis, LLC

Interior Features

Interior Information:

• Flooring Type: Part Hardwood

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Porch

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.28 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: North on Covington Pike. Right onto Yale. Right onto Lynchburg. Home on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $237,000

Tax Information:

• Annual Amount: $2,098
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

3496 Lynchburg St vs Memphis

1 DAY ON ROCKET

-66 Days

$237,000

+$46.4K More

KEY TAKEAWAY

This property is $46.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

• MLS Number: #10187614

Listing Office:

• Office Name: CB Properties of Memphis, LLC

Copyright© 2025 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: 1/8/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,098	$28,975
2020	$1,385	$19,125
2019	$1,385	$19,125
2018	$786	$19,125
2017	$792	$19,125

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,250

Per Month

Principal & Interest

$1,183

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$777

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38135›3496 Lynchburg St

This home is located at 3496 Lynchburg St in Memphis, TN and zip code 38135 in the Raleigh neighborhood. This home, which was built in 1969, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $237,000.

While more than 61 listings in Memphis, TN in December 2024 were sold above asking price, there were more than 97 listings sold at asking price, and more than 237 were sold below. The number of listings in Memphis, TN increased by 1.5% between November 2024 and December 2024. The median list price of listings available in December 2024 was $190,593, while the average time on the real estate market was 67 days.

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