4161 Grey Rd, Memphis, TN, 38108

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

4161 Grey Rd, Memphis$79,900

Buyer Closing Credits

$949^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Circular Drive, Carport

Year Built1945

HeatingOther

CoolingNone

MLS #10187210

Lot Size0.26 Acres

StatusActive

About 4161 Grey Rd

Great rehab opportunity with two homes on same lot. The front home has 2 bedrooms, 2 bathrooms, oversized living room and eat in kitchen. The unit in the back has 2 bedrooms, 1 bath, living room and eat in kitchen. The front home is in better shape than the back unit. Home will need cash buyer or rehab financing due to current condition. Back unit will have to have electrical repairs before utility company will reconnect service to utility pole.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1945
• Stories: 1

Listing Office:

• Office Name: Skyline Realty

Interior Features

Interior Information:

• Appliances: Other
• Flooring Type: Part Hardwood, Part Carpet, Sprayed Ceiling
• Interior: Pull Down Attic Stairs

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Exterior: Porch, Patio

Parking Information:

• Parking: Driveway/Pad, Circular Drive, Carport

Lot Features

Lot Information:

• Lot: Few Trees, Level, Fencing
• Lot Size: 0.26 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: None

Other

Directions Information:

• Directions: just off Wells Station Rd north of Bayliss Rd

Price Information

Listing Price Info

Price Summary:

• List Price: $79,900

Tax Information:

• Annual Amount: $970
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

4161 Grey Rd vs Memphis

6 DAYS ON ROCKET

-61 Days

$79,900

-$110.6K Less

KEY TAKEAWAY

This property is $110.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

• MLS Number: #10187210

Listing Office:

• Office Name: Skyline Realty

Copyright© 2025 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: 1/5/2025, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$970	$13,400
2020	$887	$12,250
2019	$887	$12,250
2018	$503	$12,250
2017	$582	$12,250

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$466

Per Month

Principal & Interest

$399

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38108›4161 Grey Rd

This home is located at 4161 Grey Rd in Memphis, TN and zip code 38108 in the Berclair neighborhood. This home, which was built in 1945, sits on a 0.26 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 29, 2024 and is currently priced at $79,900.

In December 2024 more than 61 listings in Memphis, TN were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 237 were sold below. In December 2024 in Memphis, TN there were 1.5% more homes for sale than in November 2024. Listings spent 67 days on the market in December 2024, and had a median list price of $190,593 during the same period.

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