11 months on rocket

665 E Pontotoc Ave, Memphis, TN, 38126

$649,000

Home List Price

$7,707*

Closing Credit

0 Baths
Multi

Location

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665 E Pontotoc Ave, Memphis$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt/Blacktop
Year Built1967
HeatingWall Furnace
CoolingWall/Window Unit(s)
BasementYes
MLS #10163331
StatusActive

About 665 E Pontotoc Ave

Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Stories: 2

Listing Office:

  • Office Name: Braden, Braden & Braden LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Asphalt/Blacktop

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From FedEx Forum keep east on MLK Ave, turn right on Oleans then left on Pontotoc Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000

Tax Information:

  • Annual Amount: $1,350
  • 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

665 E Pontotoc Ave vs Memphis

350 DAYS ON ROCKET

$649,000

+$466K More

KEY TAKEAWAY

This property is $466K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10163331

Listing Office:

  • Office Name: Braden, Braden & Braden 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, 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$1,350$18,640
2020$1,254$17,320
2019$1,255$17,320
2018$712$17,320
2017$717$17,320

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-4389566
3
/10

  • Downtown Elementary School

  • 10 N 4th St

  • 0.77 miles

  • Public Magnet Grades PK-5

school-card-donut-4389567
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-4389568
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 1.59 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 $10,730. Typical income of Memphis, TN residents is 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

Rocket Homes›Tennessee›Shelby County›Memphis›38126›665 E Pontotoc Ave

This home is located at 665 E Pontotoc Ave in Memphis, TN and zip code 38126 in the New Pathways neighborhood. This home was built in 1967. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $649,000.

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. In November 2024 in Memphis, TN there were 6.8% more homes for sale than in October 2024.

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

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