BUILDER READY LOT! 100' x 300' Imagine having the Memphis Botanic Gardens practically in your backyard! This classy Park Avenue address backs up to Memphis Botanic Garden, and has been professionally cleared and graded, temporary power has been installed, and is builder ready!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams
Lot Features
Lot Information:
Lot: City Lot
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: At 4322 Park Ave between Goodlett and Perkins on the North side.
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Tax Information:
Annual Amount: $7,397
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,313
Per Month
Principal & Interest
$2,246
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,416
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Campus Elementary School
535 Zach Curlin
Distance between this listing and this school1.46 miles
Public District Grades KG-5
7
/10
Sea Isle Elementary School
5250 Sea Isle Rd
Distance between this listing and this school1.56 miles
Public District Grades PK-5
4
/10
Willow Oaks Elementary School
4417 Willow Rd
Distance between this listing and this school1.56 miles
Public Magnet Grades PK-5
Nearby Schools
4
/10
Colonial Middle School
4778 Sea Isle Rd
Distance between this listing and this school1.09 miles
Public Magnet Grades 6-8
2
/10
Sherwood Middle School
3480 Rhodes Ave
Distance between this listing and this school2.06 miles
Public District Grades 6-8
3
/10
American Way Middle School
3805 American Way
Distance between this listing and this school2.62 miles
Public District Grades 6-8
Nearby Schools
8
/10
White Station High School
514 S Perkins Rd
Distance between this listing and this school0.82 miles
Public Magnet Grades 9-12
3
/10
Overton High School
1770 Lanier Ln
Distance between this listing and this school1.70 miles
Public Magnet Grades 9-12
8
/10
East High School
3206 Poplar Ave
Distance between this listing and this school2.95 miles
The neighbors living near this home have an average income of $185,033. Most Memphis, TN residents have annual incomes $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4522 Park Ave
What is the listing price of this property?
The listing price of 4522 Park Ave property is $450,000.
What type of property is this?
The property 4522 Park Ave is land located in Memphis, Tennessee, 38117.
Is this property for sale now?
Active Listing: 4522 Park Ave 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 $7,397 (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 25, 2021 for $351,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4522 Park Ave in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since February 24, 2023 and is currently priced at $450,000.
In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. The number of listings 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.