5 months on rocket

3803 S Mendenhall Rd, Memphis, TN, 38115

$45,000

Home List Price

$534*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
Townhouse

Location

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3803 S Mendenhall Rd, Memphis$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built1973
HeatingCentral
CoolingCentral Air
WaterfrontOther
MLS #10176899
StatusActive

About 3803 S Mendenhall Rd

Sold AS-IS: Investor's Dream! This attached condo/townhome offers a fantastic opportunity. Currently tenant-occupied, the property will be vacated upon sale, providing a seamless transition for the new owner. While it needs some work, it has tremendous potential for a significant return on investment. This property is perfect for those looking to renovate and capitalize on the growing market. Don't miss out on this chance to turn a fixer-upper into a profitable venture!

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1973
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Winchester, travel south on Mendenhall to Cambridge Station Condos. Unit facing Mendenhall

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000

Tax Information:

  • Annual Amount: $400
  • 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

3803 S Mendenhall Rd vs Memphis

157 DAYS ON ROCKET

$45,000

-$138K Less

KEY TAKEAWAY

This property is $138K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10176899

Listing Office:

  • Office Name: Keller Williams

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, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 24, 2020Home Sold
$23,000
Oct 23, 2007Home Sold
$53,000
Apr 16, 2007Home Sold
$45,000
Feb 20, 2002Home Sold
$51,000

Tax History

YEARPROP. TAXASSESSMENT
2021$400$5,525
2020$268$3,700
2019$268$3,700
2018$152$3,700
2017$251$3,700

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-4357865
5
/10

  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.56 miles

  • Public Charter Grades KG-5

school-card-donut-4357866
5
/10

  • Cromwell Elementary School

  • 4989 Cromwell Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-4357867
6
/10

  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.78 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. Typical family type is 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 3803 S Mendenhall Rd

What is the listing price of this property?

The listing price of 3803 S Mendenhall Rd property is $45,000.

What type of property is this?

The property 3803 S Mendenhall Rd is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 3803 S Mendenhall Rd 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 $400 (source: MLS/based on county public records data).

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

The last sale was on August 24, 2020 for $23,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3803 S Mendenhall Rd has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3803 S Mendenhall Rd is 1973.

Rocket Homes›Tennessee›Shelby County›Memphis›38115›3803 S Mendenhall Rd

This home is located at 3803 S Mendenhall Rd in Memphis, TN and zip code 38115. This home was built in 1973. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $45,000.

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. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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