2 months on rocket

818 Chelsea Ave, Memphis, TN, 38107

$74,000

Home List Price

$879*

Closing Credit

0 Baths
Multi

Location

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818 Chelsea Ave, Memphis$74,000

Buyer Closing Credits

$879*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOther (See REMARKS)
Year Built1932
HeatingOther
CoolingOther
WaterfrontOther
MLS #10176615
StatusActive

About 818 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: Other (See REMARKS)

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See Remarks)

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Right on Chelsea, duplexes on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $74,000

Tax Information:

  • Annual Amount: $741
  • 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

818 Chelsea Ave vs Memphis

72 DAYS ON ROCKET

$74,000

-$116.8K Less

KEY TAKEAWAY

This property is $116.8K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10176615

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

Listing History

Feb 12, 2021Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$741$10,240
2020$1,176$16,240
2019$1,176$16,240
2018$667$16,240
2017$748$16,240

History based on county public records data.

Payment Calculator

$437

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$288

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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-157796
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.34 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. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38107›818 Chelsea Ave

This home is located at 818 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 $74,000.

Memphis, TN housing market in August 2024 saw over 62 listings sold above listed price, more than 116 sold at listed price and over 237 sold below. The number of listings in Memphis, TN increased by 7.5% between July 2024 and August 2024.

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

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