new - 3 days on rocket

4885 Summitridge Dr, Memphis, TN, 38128

$164,900

Home List Price

$1,958*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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4885 Summitridge Dr, Memphis$164,900

Buyer Closing Credits

$1,958*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1984
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceMasonry, In Living Room
ViewOther
MLS #10184948
Lot Size0.27 Acres
StatusActive

About 4885 Summitridge Dr

Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due diligence. Sold AS-IS. Seller will not make repairs.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1984
  • Stories: 1

Listing Office:

  • Office Name: Premier Realty Group, LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Tile, Vaulted/Coff/Tray Ceiling
  • Fireplace: Masonry, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Deck, Chain Fence

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Fencing
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Austin Peay Hwy head north on Singleton Pkwy. Turn left on Egypt Central Rd. Right on Northwood Hills Dr. Right on Summitridge. Home will be on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $164,900
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

4885 Summitridge Dr vs Memphis

3 DAYS ON ROCKET

$164,900

-$25.5K Less

KEY TAKEAWAY

This property is $25.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184948

Listing Office:

  • Office Name: Premier Realty Group, 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, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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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-363898
4
/10
  • Brownsville Elementary School

  • 5292 Banbury Ave

  • 1.78 miles

  • Public Magnet Grades PK-5

school-card-donut-363899
5
/10
  • Egypt Elementary School

  • 4160 Karen Cv

  • 1.85 miles

  • Public District Grades PK-5

school-card-donut-363900
8
/10
  • Bartlett Elementary

  • 3932 Billy Maher Rd

  • 2.36 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,575. The most common annual income of people living in Memphis, TN is between $35k-100k. Typical family type is single, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4885 Summitridge Dr

What is the listing price of this property?

The listing price of 4885 Summitridge Dr property is $164,900.

Is this property for sale now?

Active Listing: 4885 Summitridge Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4885 Summitridge Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 4885 Summitridge Dr is 1984.

Rocket HomesTennesseeShelby CountyMemphis381284885 Summitridge Dr

This home is located at 4885 Summitridge Dr in , TN and zip code 38128. This home, which was built in 1984, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $164,900.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

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