3 months on rocket

8531 Farley Ave, Memphis, TN, 38016

$334,500

Home List Price

$3,972*

Closing Credit

3 Bedrooms
3 Full Baths
House

Location

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8531 Farley Ave, Memphis$334,500

Buyer Closing Credits

$3,972*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Garage Door Opener(s), Garage
Year Built1996
HeatingCentral, Natural Gas, Dual System
CoolingCentral Air, Dual
FireplaceIn Den/Great Room
MLS #10181638
Lot Size0.10 Acres
StatusActive

About 8531 Farley Ave

IMMACULATE home with all the upgrades!! 3 BR, 3 BA with over 2100 sq ft heated. Luxury hardwoods downstairs with large 20 x 15 den. sep DR, all appliances in kitchen stay, pantry, and office area off master bedroom suite with balcony for your morning coffee. Wifi accessible Thermostats. Garage door has LED lighting that automatically comes on when opened for better visibility. floodlights & ring camera, iron fence w/gate around entire corner lot! Mature trees for shade. Excellent neighborhood!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1996
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Right Way

Interior Features

Interior Information:

  • Appliances: Range, Oven, Double Oven, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Interior: All Window Treatments, Pull Down Attic Stairs, Walk-In Attic, Cat/Dog Free House, Security System
  • Fireplace: In Den/Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio, Balcony, Sidewalks, Iron Fence

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Dual System
  • Cooling: Central Air, Dual

Other

Directions Information:

  • Directions: Take Germantown Rd,East to Dexter Rd, right on Dexter Ln, then right on Farley Ave. House is on the corner on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $334,500

HOA Fees:

  • Amount: $600
  • Frequency: Annually
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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

$183K

# of Sold Homes

362

8531 Farley Ave vs Memphis

93 DAYS ON ROCKET

$334,500

+$151.5K More

KEY TAKEAWAY

This property is $151.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10181638

Listing Office:

  • Office Name: RE/MAX Right Way

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: 12/22/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$1,787

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,069

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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-1095696
6
/10

  • Riverwood Elementary School

  • 1330 Stern Ln

  • 0.27 miles

  • Public Magnet Grades PK-5

school-card-donut-1095697
3
/10

  • Cordova Elementary School

  • 750 N Sanga Rd

  • 0.99 miles

  • Public Magnet Grades PK-5

school-card-donut-1095698
5
/10

  • Chimneyrock Elementary School

  • 8601 Chimneyrock Blvd

  • 1.29 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,092. Residents of Memphis, TN typically earn between $100k-200k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

What are the advantages of living in Memphis, TN?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are essential services in Memphis, TN convenient?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

How do Memphis, TN residents get around?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 8531 Farley Ave

What is the listing price of this property?

The listing price of 8531 Farley Ave property is $334,500.

What type of property is this?

The property 8531 Farley Ave is a house located in Memphis, Tennessee, 38016.

Is this property for sale now?

Active Listing: 8531 Farley Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8531 Farley Ave has 3 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 8531 Farley Ave is 1996.

Rocket Homes›Tennessee›Shelby County›Memphis›38016›8531 Farley Ave

This home is located at 8531 Farley Ave in Memphis, TN and zip code 38016. This home, which was built in 1996, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $334,500.

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 number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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