new - 4 days on rocket

585 E Mckellar Ave, Memphis, TN, 38106

$12,000

0.25 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #10186666
Lot Size0.25 Acres
StatusActive

About 585 E Mckellar Ave

Prime opportunity to own land in the heart of Memphis! This vacant lot is perfect for investors or developers looking to build new construction or hold for future appreciation. Conveniently located near major roads, schools, shopping, and amenities. The property is level and ready for your vision, whether it’s a single-family home, duplex, or other development opportunities. Don’t miss your chance to secure a piece of real estate in a growing area. Drive by today and see the potential!

Property Details

Property Features

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.25 Acres

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000

Tax Information:

  • Annual Amount: $72
  • 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

585 E Mckellar Ave vs Memphis

4 DAYS ON ROCKET

$12,000

-$171K Less

KEY TAKEAWAY

This property is $171K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186666

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

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, 4:20:52 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$72$1,000
2020$72 -
2019$72$1,000
2018$41$1,000
2017$44$1,000

History based on county public records data.

Payment Calculator

$127

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$102

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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-4369683
3
/10

  • Alton Elementary School

  • 2020 Alton Ave

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-4369684
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.43 miles

  • Public Charter Grades KG-5

school-card-donut-4369685
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,125. The majority of Memphis, TN residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 585 E Mckellar Ave

What is the listing price of this property?

The listing price of 585 E Mckellar Ave property is $12,000.

What type of property is this?

The property 585 E Mckellar Ave is land located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 585 E Mckellar 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 $72 (source: MLS/based on county public records data).

How much acreage is this property?

The property 585 E Mckellar Ave is 0.25 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38106›585 E Mckellar Ave

This home is located at 585 E Mckellar Ave in Memphis, TN and zip code 38106 in the Longview Heights neighborhood. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $12,000.

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 inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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