13 days on rocket

470 Wicks Ave, Memphis, TN, 38126

$225,000

Home List Price

$2,672*

Closing Credit

5 Bedrooms
2 Full Baths
House

Location

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470 Wicks Ave, Memphis$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1912
HeatingCentral
CoolingCentral Air
BasementYes
MLS #10184385
Lot Size0.21 Acres
StatusActive

About 470 Wicks Ave

Exceptional opportunity for investors seeking income-generating properties! This fully renovated gem offers a lucrative mid-term income potential, capable of over $5000.00 per month in earning potential. 5 bedrooms and 2 bathrooms, this property has undergone extensive updates, including a newer roof, updated electrical, plumbing, & HVAC systems. Fresh and modern interior, complete with all-new paint, flooring, & more. Seasoned investor or a newcomer to the market, don't miss out on this deal.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1912
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Porch, Chain Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South Wellington Station and Left on Wicks

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $615
  • 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

470 Wicks Ave vs Memphis

13 DAYS ON ROCKET

$225,000

+$34.5K More

KEY TAKEAWAY

This property is $34.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184385

Listing Office:

  • Office Name: eXp 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: 11/15/2024, 4:20:48 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

Jan 25, 2016Home Sold
$14,000

Tax History

YEARPROP. TAXASSESSMENT
2021$615$8,500
2020$510$7,050
2019$510$7,050
2018$290$7,050
2017$247$7,050

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-260349
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-260350
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 1.05 miles

  • Public Charter Grades KG-5

school-card-donut-260351
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.19 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,116. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 470 Wicks Ave

What is the listing price of this property?

The listing price of 470 Wicks Ave property is $225,000.

What type of property is this?

The property 470 Wicks Ave is a house located in Memphis, Tennessee, 38126.

Is this property for sale now?

Active Listing: 470 Wicks 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 $615 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 25, 2016 for $14,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 470 Wicks Ave has 5 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 470 Wicks Ave is 1912.

Rocket Homes›Tennessee›Shelby County›Memphis›38126›470 Wicks Ave

This home is located at 470 Wicks Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. This home, which was built in 1912, sits on a 0.21 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $225,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. 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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