2 months on rocket

4042 Cottonwood Rd, Memphis, TN, 38118

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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4042 Cottonwood Rd, Memphis$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1963
HeatingCentral
CoolingCentral Air
MLS #10180494
Lot Size0.20 Acres
StatusActive

About 4042 Cottonwood Rd

Three bedroom one and a half bath home in MOVE-IN CONDITION. Home has new interior/exterior paint, new carpet, new LVP, new vent hood, painted cabinets, & new countertops. Seller to help with closing costs, home warranty & provide new stove & new A/C with acceptable offer. FHA/VA/Conventional offers welcome! Home has covered parking and large back yard! Home qualifies for 100% financing through City of Memphis DPA (25k). Nothing to do but move-in! Nice home on one level!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Part Carpet

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Comanche from Getwell. Comanche turns into Cottonwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000

Tax Information:

  • Annual Amount: $1,300
  • 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

$190.4K

# of Sold Homes

409

4042 Cottonwood Rd vs Memphis

70 DAYS ON ROCKET

$140,000

-$50.4K Less

KEY TAKEAWAY

This property is $50.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10180494

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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: 11/14/2024, 11:20:52 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

Sep 30, 2021Home Sold
$80,000
Sep 10, 2013Home Sold
$218,000
May 29, 2013Home Sold
$54,400
Apr 25, 2013Home Sold
$13,500
Jun 26, 2006Home Sold
$62,200
Jan 10, 2005Home Sold
$62,100

Tax History

YEARPROP. TAXASSESSMENT
2021$1,300$17,950
2020$951$13,125
2019$951$13,125
2018$539$13,125
2017$545$13,125

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-135844
4
/10

  • Getwell Elementary School

  • 2795 Getwell Rd

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-135845
4
/10

  • Sheffield Elementary School

  • 4290 Chuck Ave

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-135846
4
/10

  • South Park Elementary School

  • 1736 Getwell Rd

  • 1.01 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 $43,639. Residents of Memphis, TN typically earn between $35k-100k each year. The most common type of family is single, with 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 4042 Cottonwood Rd

What is the listing price of this property?

The listing price of 4042 Cottonwood Rd property is $140,000.

What type of property is this?

The property 4042 Cottonwood Rd is a house located in Memphis, Tennessee, 38118.

Is this property for sale now?

Active Listing: 4042 Cottonwood 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 $1,300 (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 30, 2021 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4042 Cottonwood Rd has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 4042 Cottonwood Rd is 1963.

Rocket Homes›Tennessee›Shelby County›Memphis›38118›4042 Cottonwood Rd

This home is located at 4042 Cottonwood Rd in Memphis, TN and zip code 38118 in the Parkway Village neighborhood. This home, which was built in 1963, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $140,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 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.

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