new - 5 days on rocket

725 E Mckellar Ave, Memphis, TN, 38106

$126,000

Home List Price

$1,496*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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725 E Mckellar Ave, Memphis$126,000

Buyer Closing Credits

$1,496*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1949
HeatingCentral
CoolingCentral Air
MLS #10186598
Lot Size0.20 Acres
StatusActive

About 725 E Mckellar Ave

Property being sold as-in. Great to add to investment portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take exit 26 from I-240 N/I-69 Take exit 26 toward Norris Rd Take Norris Rd and E Mallory Ave to E McKellar Ave Turn left onto Hernando Rd Turn left onto Norris Rd Continue onto E Mallory Ave Turn right onto Prospect St Turn left at the 3rd cross street

Price Information

Listing Price Info

Price Summary:

  • List Price: $126,000

Tax Information:

  • Annual Amount: $501
  • 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

725 E Mckellar Ave vs Memphis

5 DAYS ON ROCKET

$126,000

-$57K Less

KEY TAKEAWAY

This property is $57K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186598

Listing Office:

  • Office Name: Keller Williams

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$501$6,925
2020$472$6,525
2019$472$6,525
2018$268$6,525
2017$477$6,525

History based on county public records data.

Payment Calculator

$696

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$444

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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-4338858
3
/10
  • Alton Elementary School

  • 2020 Alton Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-4338859
5
/10
  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.35 miles

  • Public Charter Grades KG-5

school-card-donut-4338860
3
/10
  • Memphis College Preparatory

  • 1500 Dunn Ave

  • 1.49 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,125. Typical income of Memphis, TN residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 E Mckellar Ave

What is the listing price of this property?

The listing price of 725 E Mckellar Ave property is $126,000.

What type of property is this?

The property 725 E Mckellar Ave is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 725 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 $501 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 725 E Mckellar Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 725 E Mckellar Ave is 1949.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›725 E Mckellar Ave

This home is located at 725 E Mckellar Ave in Memphis, TN and zip code 38106 in the Longview Heights neighborhood. This home, which was built in 1949, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $126,000.

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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