21 days on rocket

40 E Biscayne Rd, Memphis, TN, 38109

$65,000

Home List Price

$772*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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40 E Biscayne Rd, Memphis$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1952
HeatingOther
CoolingOther
WaterfrontOther
MLS #10185884
Lot Size0.37 Acres
StatusActive

About 40 E Biscayne Rd

Investor Special in Barton Heights! This property is down to the studs and ready for your vision. With a brand-new roof and updated wiring already in place, it's the perfect opportunity for rehabbers or landlords looking to build equity. Transform this blank canvas into a profitable rental or resale. Don’t miss out—schedule your showing today! Owner Financing Available!

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1952
  • Stories: 1

Listing Office:

  • Office Name: Franchise Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Head west on Winchester Rd toward Asteroid Dr ? 0.5 mi Continue onto E Mitchell Rd ? 0.2 mi Turn right onto S 3rd St ? 0.4 mi Turn left onto E Biscayne Rd ? Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000

Tax Information:

  • Annual Amount: $386
  • 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

40 E Biscayne Rd vs Memphis

21 DAYS ON ROCKET

$65,000

-$118K Less

KEY TAKEAWAY

This property is $118K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10185884

Listing Office:

  • Office Name: Franchise 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: 12/18/2024, 5:20:54 PM 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$386$5,325
2020$579$8,000
2019$579$8,000
2018$329$8,000
2017$350$8,000

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-51821
4
/10
  • Ford Road Elementary School

  • 3336 Ford Rd

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-51822
2
/10
  • Levi Elementary School

  • 135 W Levi Rd

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-51823
2
/10
  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 2.33 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,759. The majority of Memphis, TN residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 E Biscayne Rd

What is the listing price of this property?

The listing price of 40 E Biscayne Rd property is $65,000.

What type of property is this?

The property 40 E Biscayne Rd is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 40 E Biscayne 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 $386 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 E Biscayne Rd has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 40 E Biscayne Rd is 1952.

Rocket HomesTennesseeShelby CountyMemphis3810940 E Biscayne Rd

This home is located at 40 E Biscayne Rd in Memphis, TN and zip code 38109 in the Barton Heights neighborhood. This home, which was built in 1952, sits on a 0.37 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $65,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and 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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