1 month on rocket

565 Melrose St, Memphis, TN, 38104

$399,900

Home List Price

$4,749*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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565 Melrose St, Memphis$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Garage Door Opener(s), Front-Load Garage, Garage
Year Built1915
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceDecorative Only, In Den/Great Room
ViewOther
MLS #10185120
Lot Size0.16 Acres
StatusActive

About 565 Melrose St

Charming home with modern updates and classic features. Large rooms perfect for entertaining and so much natural light. Sunroom off the Great room plus side office/nursery off each primary & bedroom 2. Classic features include refinished hardwood floors, glass knobs, gorgeous crown molding, curved wood stairway railing, built in cabinets and buffet. Beautiful Stained Glass Windows. Original Fireplace Mantel & Tiled Surround. Amazing updates include a complete electrical update, fresh paint throughout, new lighting throughout. HVAC Less than 10yo. Basement Sealed in 2023. 2 car detached garage. Brand new wireless alarm system installed. Kitchen countertop allowance with acceptable offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Stories: 2

Listing Office:

  • Office Name: Enterprise, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling
  • Interior: All Window Treatments, Permanent Attic Stairs, Security System
  • Fireplace: Decorative Only, In Den/Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wrought Iron Security Drs, Deck, Iron Fence

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Front-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Landscaped, Fencing
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Peobody head west on Melrose - home is on the right 2 blocks down.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900

Tax Information:

  • Annual Amount: $7,207
  • 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

$183K

# of Sold Homes

362

565 Melrose St vs Memphis

34 DAYS ON ROCKET

$399,900

+$216.9K More

KEY TAKEAWAY

This property is $216.9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10185120

Listing Office:

  • Office Name: Enterprise, 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: 12/18/2024, 1:20:51 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$7,207$99,550
2020$5,901$81,450
2019$5,901$81,450
2018$3,348$81,450
2017$2,853$81,450

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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-4305494
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-4305495
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-4305496
8
/10

  • Idlewild Elementary School

  • 1950 Linden Ave

  • 0.95 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 $102,365. Typical income of Memphis, TN residents is between $100k-200k annually. Residents typically live in single, 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 565 Melrose St

What is the listing price of this property?

The listing price of 565 Melrose St property is $399,900.

What type of property is this?

The property 565 Melrose St is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 565 Melrose 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 $7,207 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 565 Melrose St has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 565 Melrose St is 1915.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›565 Melrose St

This home is located at 565 Melrose St in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. This home, which was built in 1915, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $399,900.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The number of homes for sale 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.

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