new - 15 hours on rocket

385 George Rd, Memphis, TN, 38109

$49,000

Home List Price

$582*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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385 George Rd, Memphis$49,000

Buyer Closing Credits

$582*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1970
HeatingCentral
CoolingNone
WaterfrontOther
MLS #10185349
Lot Size0.19 Acres
StatusActive

About 385 George Rd

Don't wait until the Before & After photos of this home show up online! Seize the opportunity now to grab this brick fixer upper! Located minutes from the Mississippi state line. Just minutes from Geeter Jr High and Fairley High School. Situated on a larger than normal lot so there's opportunity to build another home or use the large lot for something else and not be too close to your neighbor. Home was previously rented two months ago and is now currently vacant. This would make a great rental or fix it up and live in it if you have handyman skills. Call today for more info!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Fast Track Realty, LLC

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Wall to Wall Carpet, Other (See REMARKS)
  • Interior: Pull Down Attic Stairs, Attic Access, Smoke Detector(s), Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Storage Building, Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Other
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Going west on Shelby Dr, make a left on Jonetta St, then make a right on George Rd. Home is on the left and no sign is in the yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,000

Tax Information:

  • Annual Amount: $686
  • 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

385 George Rd vs Memphis

1 DAY ON ROCKET

$49,000

-$141.4K Less

KEY TAKEAWAY

This property is $141.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185349

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: 11/17/2024, 8:20:48 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

May 30, 2001Home Sold
$38,062
Jun 19, 2000Home Sold
$15,010

Tax History

YEARPROP. TAXASSESSMENT
2021$686$9,475
2020$557$7,700
2019$557$7,700
2018$316$7,700
2017$345$7,700

History based on county public records data.

Payment Calculator

$312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$213

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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-425326
3
/10
  • Geeter School

  • 4649 Horn Lake Rd

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-425327
4
/10
  • Double Tree Elementary School

  • 4560 Double Tree Rd

  • 1.57 miles

  • Public Magnet Grades PK-5

school-card-donut-425328
3
/10
  • Westhaven Elementary School

  • 4585 Hodge Rd

  • 1.64 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,536. Residents of Memphis, TN typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of 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 385 George Rd

What is the listing price of this property?

The listing price of 385 George Rd property is $49,000.

What type of property is this?

The property 385 George Rd is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 385 George 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 $686 (source: MLS/based on county public records data).

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

The last sale was on May 30, 2001 for $38,062. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 385 George Rd has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 385 George Rd is 1970.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›385 George Rd

This home is located at 385 George Rd in Memphis, TN and zip code 38109. This home, which was built in 1970, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $49,000.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

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