4 months on rocket

686 Looney Ave, Memphis, TN, 38107

$145,000

Home List Price

$1,722*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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686 Looney Ave, Memphis$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Workshop(s)
Year Built1947
HeatingCentral
CoolingCentral Air
FireplaceIn Living Room
ViewOther
MLS #10175766
Lot Size0.14 Acres
StatusActive

About 686 Looney Ave

This charming 2bed/1bath house offers a perfect blend of comfort & convenience, ideally located just a minute from downtown. Suited for first-time home buyers & those working nearby, enjoy quick access to Bass Pro Shops at the Pyramid or St. Jude Children's Research Hospital. Built with quality materials, this home promises both durability & style at a competitive price point, ensuring you get the best value. VIDEO & VIRTUAL TOUR AVAILABLE UPON REQUEST. Ask about 0% down financing options!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1947
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Flooring Type: Hardwood Throughout, Smooth Ceiling
  • Fireplace: In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Historic District, Storage, Sidewalks

Parking Information:

  • Parking: Driveway/Pad, Workshop(s)

Virtual/3D Tour

  • Virtual Tour: 686 Looney Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level, Landscaped
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Headed West on I-40 Towards The Bridge, Take The Exit Towards N Danny Thomas Blvd, Follow N Until The Street Changes to Thomas St Then Turn Right Onto Looney Ave & Its the 2nd House On The Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000

Tax Information:

  • Annual Amount: $661
  • 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

686 Looney Ave vs Memphis

139 DAYS ON ROCKET

$145,000

-$45.4K Less

KEY TAKEAWAY

This property is $45.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10175766

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: 11/15/2024, 7:20:48 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$661$9,125
2020$510$7,050
2019$510$7,050
2018$290$7,050
2017$310$7,050

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-430463
3
/10

  • Kipp Memphis Collegiate Elementary School

  • 230 Henry Ave

  • 0.48 miles

  • Public Charter Grades KG-4

school-card-donut-430464
3
/10

  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 0.73 miles

  • Public Charter Grades PK-5

school-card-donut-430465
3
/10

  • Downtown Elementary School

  • 10 N 4th St

  • 1.33 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 $27,174. The majority of Memphis, TN residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 686 Looney Ave

What is the listing price of this property?

The listing price of 686 Looney Ave property is $145,000.

What type of property is this?

The property 686 Looney Ave is a house located in Memphis, Tennessee, 38107.

Is this property for sale now?

Active Listing: 686 Looney 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 $661 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 686 Looney Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 686 Looney Ave is 1947.

Rocket Homes›Tennessee›Shelby County›Memphis›38107›686 Looney Ave

This home is located at 686 Looney Ave in Memphis, TN and zip code 38107 in the Downtown neighborhood. This home, which was built in 1947, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $145,000.

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. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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