7087 Cutter Mill Road, Tn, Memphis, TN, 38141

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

7087 Cutter Mill Road, Tn, Memphis$285,000

Buyer Closing Credits

$3,384^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingStorage Room(s), Garage Door Opener(s), Front-Load Garage, Garage

Year Built1983

HeatingCentral

CoolingOther, Ceiling Fan(s), Central Air

FireplaceMasonry

MLS #10186447

Lot Size0.32 Acres

StatusActive

About 7087 Cutter Mill Road, Tn

If space is what you are looking for, this home has it! Open tiled entry, dining room with bay window & coffered ceiling, kitchen & eating area combo, & a vaulted great room with a masonary fireplace. All bedrooms have been freshly painted with smooth ceilings. Both bathrooms have granite counter tops. If you like to entertain the all season sunroom is the place to be. There is also a spacious backyard with a deck, storage shed & electrical outlet for a fountain. Double expandable up!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1983
• Stories: 1

Listing Office:

• Office Name: John Green & Co., REALTORS

Interior Features

Interior Information:

• Flooring Type: Wall to Wall Carpet, Tile, Smooth Ceiling, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
• Fireplace: Masonry

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Storage Building, Porch, Deck, Enclosed Balcony, Well Landscaped Grounds, Wood Fence, Storage, Sidewalks

Parking Information:

• Parking: Storage Room(s), Garage Door Opener(s), Front-Load Garage, Garage

Lot Features

Lot Information:

• Lot: Level, Fencing
• Lot Size: 0.32 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Other, Ceiling Fan(s), Central Air

Other

Directions Information:

• Directions: South on Riverdale, Left on Cutter Mill. Home will be on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $285,000

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

7087 Cutter Mill Road, Tn vs Memphis

8 DAYS ON ROCKET

$285,000

+$102K More

KEY TAKEAWAY

This property is $102K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #10186447

Listing Office:

• Office Name: John Green & Co., 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, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,490

Per Month

Principal & Interest

$1,423

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38141›7087 Cutter Mill Road, Tn

This home is located at 7087 Cutter Mill Road, Tn in , TN and zip code 38141 in the Irene neighborhood. This home, which was built in 1983, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $285,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. 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.