14 days on rocket

553 Summitt St, Memphis, TN, 38104

$319,000

Home List Price

$3,788*

Closing Credit

2 Bedrooms
2 Full Baths
House

Location

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553 Summitt St, Memphis$319,000

Buyer Closing Credits

$3,788*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1900
HeatingCentral
CoolingCentral Air
FireplaceMasonry, Decorative Only, In Living Room
MLS #10184359
Lot Size0.17 Acres
StatusActive

About 553 Summitt St

Midtown Charmer Alert!! Fantastic location & charming Victorian home that has it all 2 bedrooms/2 full baths, conveniently all on one level, screened back porch, super cute front porch...original details throughout: tall ceilings, hardwood floors, large windows, decorative peek through fireplace between LR/DR, beautiful original entry door w/nostalgic twist doorbell, large kitchen w/breakfast counter, generous closets, huge attic for extra storage, private fully fenced yard with storage shed. This great find is also on one of the best hidden streets in Midtown!! Summitt Street is located behind Cooper St. and less than a block from some of Midtown's finest restaurants, grocery stores & fitness studios. Enjoy this private location with quick access to all of the perks of Midtown. Great spot for walking & entertaining friends. An absolute must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900
  • Stories: 1

Listing Office:

  • Office Name: Ware Jones, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Cooktop, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring Type: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access
  • Fireplace: Masonry, Decorative Only, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Storage Building, Porch, Screen Porch, Deck, Wood Fence, Storage

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Central from East Parkway, Right on Cooper, after Peabody, Right on Courtland, Right on Summitt, house is on the right closer to the Vinton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,000

Tax Information:

  • Annual Amount: $4,813
  • 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

553 Summitt St vs Memphis

14 DAYS ON ROCKET

$319,000

+$128.5K More

KEY TAKEAWAY

This property is $128.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184359

Listing Office:

  • Office Name: Ware Jones, REALTORS

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

Nov 23, 2020Home Sold
$285,000
Dec 14, 2006Home Sold
$153,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,813$66,475
2020$3,112$42,950
2019$3,112$42,950
2018$1,765$42,950
2017$1,663$42,950

History based on county public records data.

Payment Calculator

$1,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,023

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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-360565
8
/10

  • Idlewild Elementary School

  • 1950 Linden Ave

  • 0.46 miles

  • Public Magnet Grades PK-5

school-card-donut-360566
5
/10

  • Peabody Elementary School

  • 2086 Young Ave

  • 0.76 miles

  • Public Magnet Grades PK-5

school-card-donut-360567
3
/10

  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 1.38 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 $42,021. 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 post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 553 Summitt St

What is the listing price of this property?

The listing price of 553 Summitt St property is $319,000.

What type of property is this?

The property 553 Summitt St is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 553 Summitt St 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 $4,813 (source: MLS/based on county public records data).

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

The last sale was on November 23, 2020 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 553 Summitt St has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 553 Summitt St is 1900.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›553 Summitt St

This home is located at 553 Summitt St in Memphis, TN and zip code 38104 in the Lenox neighborhood. This home, which was built in 1900, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $319,000.

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. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

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

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