9 months on rocket

561 Lemaster St, Memphis, TN, 38104

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House

Location

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561 Lemaster St, Memphis$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Workshop(s)
Year Built1925
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceDecorative Only, In Living Room
MLS #10165603
Lot Size0.14 Acres
StatusActive

About 561 Lemaster St

Welcome to the epitome of modern elegance on a great street in Central Gardens! This stunning 4-bed, 2.5-bath home has had a complete transformation, offering a blend of timeless charm and luxury. Move right in with no worries. Newer Roof (2022), Original Hardwoods, New Kitchen, New bathrooms, fresh paint (in & out), main level laundry, new deck, lots of storage, Butler's Pantry with outlets, bar with built in shelves/wine rack, and a quaint study with built ins! Come see!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Stories: 2

Listing Office:

  • Office Name: REMAX Experts, The Heart to Ho

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s)
  • Fireplace: Decorative Only, In Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Storage Building, Porch, Deck, Historic District, Wood Fence

Parking Information:

  • Parking: Driveway/Pad, Workshop(s)

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From 240 North, head east on Union Ave. Turn right (south) onto Lemaster Street. 561 Lemaster St will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $6,800
  • 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

561 Lemaster St vs Memphis

279 DAYS ON ROCKET

$525,000

+$334.5K More

KEY TAKEAWAY

This property is $334.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10165603

Listing Office:

  • Office Name: REMAX Experts, The Heart to Ho

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

Tax History

YEARPROP. TAXASSESSMENT
2021$6,800$93,925
2020$5,188$71,600
2019$5,188$71,600
2018$2,943$71,600
2017$2,747$71,600

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-294590
8
/10

  • Idlewild Elementary School

  • 1950 Linden Ave

  • 0.45 miles

  • Public Magnet Grades PK-5

school-card-donut-294591
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.87 miles

  • Public Magnet Grades PK-5

school-card-donut-294592
5
/10

  • Peabody Elementary School

  • 2086 Young Ave

  • 1.00 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,944. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 Lemaster St

What is the listing price of this property?

The listing price of 561 Lemaster St property is $525,000.

What type of property is this?

The property 561 Lemaster St is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 561 Lemaster 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 $6,800 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 561 Lemaster St has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 561 Lemaster St is 1925.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›561 Lemaster St

This home is located at 561 Lemaster St in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1925, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $525,000.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. 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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