2 months on rocket

4447 Sumners Wells Rd, Memphis, TN, 38118

$149,900

Home List Price

$1,780*

Closing Credit

0 Baths
Multi

Location

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4447 Sumners Wells Rd, Memphis$149,900

Buyer Closing Credits

$1,780*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #10182586
StatusActive

About 4447 Sumners Wells Rd

This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Stories: 1

Listing Office:

  • Office Name: Memphis Metro Realty

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer, Aluminum Window(s)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head east on E Shelby Dr toward Brandy Station Rd, then turn left onto Brandy Station Rd. Take a left onto Birdsong Ferry Rd. Birdsong Ferry Rd turns slightly right and becomes Summers Wells Rd, the destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,900

Tax Information:

  • Annual Amount: $1,254
  • 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

4447 Sumners Wells Rd vs Memphis

74 DAYS ON ROCKET

$149,900

-$33.1K Less

KEY TAKEAWAY

This property is $33.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10182586

Listing Office:

  • Office Name: Memphis Metro Realty

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, 4:20:52 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 25, 2019Home Sold
$45,000
May 30, 2017Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,254$17,320
2020$1,194$16,480
2019$1,194$16,480
2018$677$16,480
2017$664$16,480

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-4378234
4
/10

  • Oakhaven Elementary School

  • 3795 Bishops Bridge Rd

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-4378235
4
/10

  • Gardenview Elementary School

  • 4075 Hartz Dr

  • 2.71 miles

  • Public District Grades PK-5

school-card-donut-4378236
4
/10

  • Sheffield Elementary School

  • 4290 Chuck Ave

  • 2.72 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 $29,919. The most common annual income of people living in Memphis, TN is less than $35k. The majority of families are 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.

Types of housing 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.

What is it like to live in Memphis, TN?

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.

Is it easy to get around Memphis, TN without a car?

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.

Transportation in Memphis, TN.

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.

Rocket Homes›Tennessee›Shelby County›Memphis›38118›4447 Sumners Wells Rd

This home is located at 4447 Sumners Wells Rd in Memphis, TN and zip code 38118. This home was built in 1973. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $149,900.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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