new - 3 days on rocket

3694 Shoreham Dr, Memphis, TN, 38118

$120,000

Home List Price

$1,425*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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3694 Shoreham Dr, Memphis$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Other (See REMARKS), Carport
Year Built1970
HeatingCentral, Electric
CoolingCentral Air
BasementYes
ViewOther
MLS #10186712
Lot Size0.22 Acres
StatusActive

About 3694 Shoreham Dr

Fantastic 4 bedroom investment property. Hardwood floors throughout. House is sold as-is with buyer's right to inspect. Seller will make no repairs. Single-car carport. Large back yard with mature trees.

Property Details

Property Features

Property Information:

  • Architectural Style: Williamsburg
  • Year Built: 1970
  • Stories: 1

Listing Office:

  • Office Name: mlsAssist

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile
  • Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wood Fence, Sidewalks

Parking Information:

  • Parking: Driveway/Pad, Other (See REMARKS), Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the intersection of Winchester and Castleman, go south on Castleman, then turn right onto Shoreham. Home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000

Tax Information:

  • Annual Amount: $1,709
  • 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

3694 Shoreham Dr vs Memphis

3 DAYS ON ROCKET

$120,000

-$63K Less

KEY TAKEAWAY

This property is $63K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186712

Listing Office:

  • Office Name: mlsAssist

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

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,709$23,600
2020$1,382$19,075
2019$1,382$19,075
2018$784$19,075
2017$781$19,075

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-4314016
5
/10
  • Cromwell Elementary School

  • 4989 Cromwell Ave

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-4314017
5
/10
  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-4314018
6
/10
  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,516. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is 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 3694 Shoreham Dr

What is the listing price of this property?

The listing price of 3694 Shoreham Dr property is $120,000.

What type of property is this?

The property 3694 Shoreham Dr is a house located in Memphis, Tennessee, 38118.

Is this property for sale now?

Active Listing: 3694 Shoreham 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 $1,709 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3694 Shoreham Dr has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 3694 Shoreham Dr is 1970.

Rocket HomesTennesseeShelby CountyMemphis381183694 Shoreham Dr

This home is located at 3694 Shoreham Dr in Memphis, TN and zip code 38118. This home, which was built in 1970, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $120,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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