2 months on rocket

814 Chelsea Ave, Memphis, TN, 38107

$114,000

Home List Price

$1,354*

Closing Credit

0 Baths
Multi

Location

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814 Chelsea Ave, Memphis$114,000

Buyer Closing Credits

$1,354*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1932
HeatingOther
CoolingWall/Window Unit(s)
WaterfrontOther
MLS #10176613
StatusActive

About 814 Chelsea Ave

Three separate duplexes ( 4bed/2baths) each unit is a two bedroom one bathroom aprx. 900sqft each. Totaling 6 Units. Addresses are 810/812 , 814/816, 818/820. Duplexes are to be sold as a package for $303k . Cash only seller is looking for quick closing. Property to be delivered vacant. Previous / current rent roll available . Previously rented $700-$750 , potential rent $850 plus. 818/820 need full renovations down to studs. All others have been recently made rental ready per sellers standards.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1932
  • Stories: 1

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Right on Chelsea duplexes to the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,000

Tax Information:

  • Annual Amount: $750
  • 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

$190.8K

Med. Price/SqFt

$117

# of Sold Homes

415

814 Chelsea Ave vs Memphis

72 DAYS ON ROCKET

$114,000

-$76.8K Less

KEY TAKEAWAY

This property is $76.8K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10176613

Listing Office:

  • Office Name: KAIZEN 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: 9/20/2024, 10:20:50 PM 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$750$10,360
2020$1,191$16,440
2019$1,191$16,440
2018$676$16,440
2017$759$16,440

History based on county public records data.

Payment Calculator

$636

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$408

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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.

High School

school-card-donut-168088
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.33 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,556. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38107›814 Chelsea Ave

This home is located at 814 Chelsea Ave in Memphis, TN and zip code 38107 in the New Chicago neighborhood. This home was built in 1932. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $114,000.

Over 62 listings were sold over their listed price in August 2024 in Memphis, TN. In the same period over 237 listings were sold below the listed price and 116 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between July 2024 and August 2024 increased by 7.5%.

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

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