2 months on rocket

3555 Bishops Gate Dr, Memphis, TN, 38115

$130,000

Home List Price

$1,544*

Closing Credit

3 Bedrooms
2 Full Baths
Townhouse

Location

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3555 Bishops Gate Dr, Memphis$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad
Year Built1987
HeatingCentral
CoolingCentral Air
MLS #10180995
Lot Size0.06 Acres
StatusActive

About 3555 Bishops Gate Dr

Discover 3555 Bishops Gate Dr, a well-maintained, tenant-occupied gem in Memphis! This inviting 3-bedroom, 2-bath home features a spacious living area and a cozy backyard, perfect for relaxing or entertaining. With reliable tenants in place, it's an ideal investment opportunity. Conveniently located near schools, shopping, and parks, this property offers immediate rental income and future potential. Don’t miss out—schedule your viewing today and see the value for yourself!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1987
  • Stories: 1

Listing Office:

  • Office Name: Premier Realty Group, LLC

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Winchester Turn North on Bishops Gate Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000

Tax Information:

  • Annual Amount: $1,716
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

3555 Bishops Gate Dr vs Memphis

73 DAYS ON ROCKET

$130,000

-$60.4K Less

KEY TAKEAWAY

This property is $60.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10180995

Listing Office:

  • Office Name: Premier Realty Group, 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: 11/23/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 14, 2013Home Sold
$74,900
Jan 03, 2013Home Sold
$29,000
Nov 08, 2012Home Sold
$26,000
Mar 05, 2004Home Sold
$52,670

Tax History

YEARPROP. TAXASSESSMENT
2021$1,716$23,700
2020$1,233$17,025
2019$1,233$17,025
2018$700$17,025
2017$681$17,025

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-899309
6
/10
  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-899310
5
/10
  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.26 miles

  • Public Charter Grades KG-5

school-card-donut-899311
7
/10
  • Hickory Ridge Elementary School

  • 3890 Hickory Hill Rd

  • 1.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,960. Residents of Memphis, TN typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3555 Bishops Gate Dr

What is the listing price of this property?

The listing price of 3555 Bishops Gate Dr property is $130,000.

What type of property is this?

The property 3555 Bishops Gate Dr is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 3555 Bishops Gate Dr 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 $1,716 (source: MLS/based on county public records data).

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

The last sale was on January 14, 2013 for $74,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3555 Bishops Gate Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 3555 Bishops Gate Dr is 1987.

Rocket HomesTennesseeShelby CountyMemphis381153555 Bishops Gate Dr

This home is located at 3555 Bishops Gate Dr in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. This home, which was built in 1987, sits on a 0.06 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $130,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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