2 months on rocket

3627 Chesterwood Dr Unit 78, Memphis, TN, 38118

$97,000

Home List Price

$1,152*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
Townhouse

Location

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3627 Chesterwood Dr Unit 78, Memphis$97,000

Buyer Closing Credits

$1,152*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOther (See REMARKS)
Year Built1974
HeatingCentral
CoolingCentral Air
MLS #10183481
Lot Size0.05 Acres
StatusActive

About 3627 Chesterwood Dr Unit 78

Discover an exceptional cash flowing investment opportunity with this 3-bedroom, 3-bathroom townhouse, currently occupied by reliable tenants. This property offers a steady income stream, making it an ideal addition to your real estate portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1974
  • Stories: 2

Listing Office:

  • Office Name: Fast Track Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Drive to Sycamore View Rd, I-240 W and S Perkins Rd to Memphis. Drive to Chesterwood Dr, turn left toward Chesterwood Dr, and then turn right onto Chesterwood Dr. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $97,000
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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

$183K

# of Sold Homes

362

3627 Chesterwood Dr Unit 78 vs Memphis

65 DAYS ON ROCKET

$97,000

-$86K Less

KEY TAKEAWAY

This property is $86K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10183481

Listing Office:

  • Office Name: Fast Track 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: 12/22/2024, 4:20:52 PM 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

$552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$357

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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-1021088
5
/10

  • Cromwell Elementary School

  • 4989 Cromwell Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-1021089
5
/10

  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 1.03 miles

  • Public Charter Grades KG-5

school-card-donut-1021090
4
/10

  • Sheffield Elementary School

  • 4290 Chuck Ave

  • 1.24 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 $34,516. Most Memphis, TN residents have annual incomes less than $35k. Most 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

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 3627 Chesterwood Dr Unit 78

What is the listing price of this property?

The listing price of 3627 Chesterwood Dr Unit 78 property is $97,000.

What type of property is this?

The property 3627 Chesterwood Dr Unit 78 is a townhouse located in Memphis, Tennessee, 38118.

Is this property for sale now?

Active Listing: 3627 Chesterwood Dr Unit 78 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3627 Chesterwood Dr Unit 78 has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3627 Chesterwood Dr Unit 78 is 1974.

Rocket Homes›Tennessee›Shelby County›Memphis›38118›3627 Chesterwood Dr Unit 78

This home is located at 3627 Chesterwood Dr Unit 78 in Memphis, TN and zip code 38118. This home, which was built in 1974, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $97,000.

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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