PRICE REDUCED! Adorable stone cottage with endless potential in the heart of High Point Terrace! Walk to HP Grocery, Pub & Cheffie's! This home has a fourth pass-thru room w closet that can be used how you need it- office/playroom/sitting room- everyone needs extra space! There are also two full baths, and mudroom or eat in area off kitchen which is a rare find for neighborhood. Relax in the large and shady backyard. The original stone in the kitchen, built-in drawers in the bedrooms and phone shelf in hallway add so much charm! This home has tons of natural light, beautiful hardwood floors throughout, and gas cooking. Walk to Greenline- Home is priced for you to make it your own! Washer/Dryer & Fridge Stay. *Some photos have been virtually staged.
Property Details
Property Features
Property Information:
Architectural Style: Traditional, Bungalow
Year Built: 1947
Stories: 1
Listing Office:
Office Name: Weichert, REALTORS-BenchMark
Interior Features
Interior Information:
Appliances: Gas Range, Dishwasher
Flooring Type: Hardwood Throughout, Tile
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Exterior: Patio
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Few Trees, Level, Fencing
Lot Size: 0.25 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Head West on Walnut Grove, turn right on High Point Terrace, then take a Right on Philwood Ave. Home is on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $307,000
Tax Information:
Annual Amount: $4,458
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,600
Per Month
Principal & Interest
$1,533
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$987
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Grahamwood Elementary School
3950 Summer Ave
Distance between this listing and this school0.56 miles
Public Magnet Grades PK-5
5
/10
Treadwell Elementary School
3538 Given Ave
Distance between this listing and this school0.92 miles
Public Magnet Grades PK-5
3
/10
Cornerstone Preparatory - Lester Campus
320 Carpenter St
Distance between this listing and this school1.55 miles
Public Charter Grades PK-5
Nearby Schools
4
/10
Treadwell Middle School
920 N Highland St
Distance between this listing and this school0.98 miles
Public District Grades 6-8
3
/10
Lester Prep Academy (ASD)
320 Carpenter St
Distance between this listing and this school1.55 miles
Public Charter Grades 6-8
2
/10
Kingsbury Middle School
1276 N Graham St
Distance between this listing and this school1.63 miles
Public District Grades 6-8
Nearby Schools
8
/10
East High School
3206 Poplar Ave
Distance between this listing and this school1.36 miles
Public Magnet Grades 9-12
2
/10
Kingsbury High School
1270 N Graham St
Distance between this listing and this school1.59 miles
Public Magnet Grades 9-12
2
/10
Douglass High School
3200 Mount Olive Rd
Distance between this listing and this school2.28 miles
The neighbors living near this home have an average income of $65,957. The majority of Memphis, TN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3737 Philwood Ave
What is the listing price of this property?
The listing price of 3737 Philwood Ave property is $307,000.
What type of property is this?
The property 3737 Philwood Ave is a house located in Memphis, Tennessee, 38122.
Is this property for sale now?
Active Listing: 3737 Philwood 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 $4,458 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 29, 2011 for $107,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3737 Philwood Ave has 4 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 3737 Philwood Ave is 1947.
This home is located at 3737 Philwood Ave in Memphis, TN and zip code 38122 in the High Point Terrace neighborhood. This home, which was built in 1947, sits on a 0.25 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $307,000.
In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.