AS-IS! No wholesalers! Great Investment Opportunity in the Vollintine-Evergreen Historical District! 3bed/2bath ripe for renovation & offered at an attractive price point presents a fantastic renovation opportunity. This property invites a transformative approach with a targeted vision to realize its full potential. The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. VIDEO AVAILABLE UPON REQUEST!
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1925
Stories: 1
Listing Office:
Office Name: eXp Realty, LLC
Interior Features
Interior Information:
Appliances: Double Oven, Cooktop, Gas Range, Dishwasher, Refrigerator
Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
Interior: Permanent Attic Stairs
Fireplace: Masonry, In Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Porch, Historic District, Chain Fence
Parking Information:
Parking: Driveway/Pad, Gated Parking
Virtual/3D Tour
Virtual Tour: 746 Garland St
Virtual Tour
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Headed North on I-40, Take Exit Towards Jackson Ave, Then Turn Left on Garland St & Its The 2nd House On The Right.
Price Information
Listing Price Info
Price Summary:
List Price: $146,000
Tax Information:
Annual Amount: $2,000
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$796
Per Month
Principal & Interest
$729
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$504
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Vollentine Elementary School
1682 Vollintine Ave
Distance between this listing and this school0.60 miles
Public Magnet Grades PK-5
3
/10
Memphis Scholars Caldwell-Guthrie (ASD)
951 Chelsea Ave
Distance between this listing and this school1.03 miles
Public Charter Grades PK-5
3
/10
Kipp Memphis Collegiate Elementary School
230 Henry Ave
Distance between this listing and this school1.80 miles
Public Charter Grades KG-4
Nearby Schools
3
/10
Believe Memphis Academy Charter School
1250 Vollintine Ave
Distance between this listing and this school0.51 miles
Public Charter Grades 4-7
3
/10
Snowden School
1870 N Parkway
Distance between this listing and this school0.85 miles
Public Magnet Grades PK-8
4
/10
Humes Preparatory Academy (ASD)
659 N Manassas St
Distance between this listing and this school1.34 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Crosstown High School
1365 Tower Ave
Distance between this listing and this school0.51 miles
Public Charter Grades 9-11
1
/10
Northwest Preparatory Academy
1266 Poplar Ave
Distance between this listing and this school1.10 miles
Public District Grades 9-12
4
/10
Memphis Academy of Science Engineering Middle/High
1254 Jefferson Ave
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $15,417. Typical income of Memphis, TN residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 746 Garland St
What is the listing price of this property?
The listing price of 746 Garland St property is $146,000.
What type of property is this?
The property 746 Garland St is a house located in Memphis, Tennessee, 38107.
Is this property for sale now?
Active Listing: 746 Garland St 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 $2,000 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 8, 2016 for $28,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 746 Garland St has 3 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 746 Garland St is 1925.
This home is located at 746 Garland St in Memphis, TN and zip code 38107 in the Vollintine-Evergreen neighborhood. This home, which was built in 1925, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 23, 2024 and is currently priced at $146,000.
In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. 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.