12 days on rocket

3527 Shemwell Ave, Memphis, TN, 38118

$105,997

Home List Price

$1,259*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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3527 Shemwell Ave, Memphis$105,997

Buyer Closing Credits

$1,259*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #10186291
Lot Size0.13 Acres
StatusActive

About 3527 Shemwell Ave

EXCELLENT INVESTMENT OPPORTUNITY! DO NOT DISTURB TENANT. SFH Rented for $925/month, professionally managed. Roof Just Replaced – Nov 2024. Renovated in October 2023- brand new waterproof LVP throughout, paint, window blinds, touchup repairs. Lease expires 3/31/2025. Tenant moved in 2/1/2024. Repair List and Rent Rolls available upon request. Showings only with accepted offer. Seller is ready to make a deal, call today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Stories: 1

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Part Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I-240 W to Getwell Rd. Take exit 20 for Getwell Rd toward TN-176. Turn left onto Getwell Rd (signs for Delta Medical Ctr). Turn right onto E Raines Rd. Turn left onto Prescott Rd. Turn right onto Shemwell Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,997

Tax Information:

  • Annual Amount: $715
  • Tax Year: 2021
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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

$183K

# of Sold Homes

362

3527 Shemwell Ave vs Memphis

12 DAYS ON ROCKET

$105,997

-$77K Less

KEY TAKEAWAY

This property is $77K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186291

Listing Office:

  • Office Name: KAIZEN Realty, LLC

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: 12/18/2024, 11:20:54 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

Dec 04, 2020Home Sold
$62,500
Oct 19, 1999Home Sold
$56,000
Apr 08, 1999Home Sold
$23,000

Tax History

YEARPROP. TAXASSESSMENT
2021$715$9,875
2020$610$8,425
2019$610$8,425
2018$346$8,425
2017$437$8,425

History based on county public records data.

Payment Calculator

$597

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$384

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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-4502036
4
/10

  • Oakhaven Elementary School

  • 3795 Bishops Bridge Rd

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-4502037
4
/10

  • Sheffield Elementary School

  • 4290 Chuck Ave

  • 2.29 miles

  • Public District Grades PK-5

school-card-donut-4502038
4
/10

  • Getwell Elementary School

  • 2795 Getwell Rd

  • 2.89 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 $27,174. Residents of Memphis, TN typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 3527 Shemwell Ave

What is the listing price of this property?

The listing price of 3527 Shemwell Ave property is $105,997.

What type of property is this?

The property 3527 Shemwell Ave is a house located in Memphis, Tennessee, 38118.

Is this property for sale now?

Active Listing: 3527 Shemwell 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 $715 (source: MLS/based on county public records data).

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

The last sale was on December 4, 2020 for $62,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3527 Shemwell Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 3527 Shemwell Ave is 1973.

Rocket Homes›Tennessee›Shelby County›Memphis›38118›3527 Shemwell Ave

This home is located at 3527 Shemwell Ave in Memphis, TN and zip code 38118. This home, which was built in 1973, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $105,997.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. In November 2024 in Memphis, TN there were 6.8% more homes for sale than in October 2024.

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

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