12 days on rocket

585 Arrington Ave, Memphis, TN, 38107

$35,000

Home List Price

$416*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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585 Arrington Ave, Memphis$35,000

Buyer Closing Credits

$416*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1941
HeatingOther
CoolingOther
ViewOther
MLS #10186225
Lot Size0.12 Acres
StatusActive

About 585 Arrington Ave

Great Property for an investor to rehab. It has a newer hot water tank and wall units.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1941
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Take Hwy 51 to Arrington.

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000

Tax Information:

  • Annual Amount: $282
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$183K

# of Sold Homes

362

585 Arrington Ave vs Memphis

12 DAYS ON ROCKET

$35,000

-$148K Less

KEY TAKEAWAY

This property is $148K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186225

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: 12/18/2024, 2:20:52 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$282$3,900
2020$224$3,100
2019$224$3,100
2018$127$3,100
2017$143$3,100

History based on county public records data.

Payment Calculator

$242

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$171

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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-4339864
3
/10
  • Kipp Memphis Collegiate Elementary School

  • 230 Henry Ave

  • 0.40 miles

  • Public Charter Grades KG-4

school-card-donut-4339865
3
/10
  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 0.76 miles

  • Public Charter Grades PK-5

school-card-donut-4339866
3
/10
  • Downtown Elementary School

  • 10 N 4th St

  • 1.98 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,413. Typical income of Memphis, TN residents is less than $35k annually. Residents typically live in single, no kids family. 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 585 Arrington Ave

What is the listing price of this property?

The listing price of 585 Arrington Ave property is $35,000.

What type of property is this?

The property 585 Arrington Ave is a house located in Memphis, Tennessee, 38107.

Is this property for sale now?

Active Listing: 585 Arrington 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 $282 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 585 Arrington Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 585 Arrington Ave is 1941.

Rocket Homes›Tennessee›Shelby County›Memphis›38107›585 Arrington Ave

This home is located at 585 Arrington Ave in Memphis, TN and zip code 38107 in the Downtown neighborhood. This home, which was built in 1941, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $35,000.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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