new - 21 hours on rocket

940 Philadelphia St, Memphis, TN, 38104

$364,900

Home List Price

$4,333*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House

Location

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940 Philadelphia St, Memphis$364,900

Buyer Closing Credits

$4,333*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built2005
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
FireplaceMasonry, In Den/Great Room, Gas Logs
ViewOther
MLS #10185507
Lot Size0.12 Acres
StatusActive

About 940 Philadelphia St

Fantastic home located in THE Heart of Cooper Young! Built in 2005 by renowned builder Bubba Shepherd, this thoughtfully designed bungalow exudes the charm and character of vintage Midtown except no old pipes & wiring, creepy basement or creaky floors. Ground level features include: gated parking, outdoor storage, rear parking pad with back door entrance to unload right into the kitchen, living room with built in storage & gas log fireplace, primary bedroom suite with large walk-in closet, formal living room, separate laundry & hallway half bath. Upstairs bedrooms are oversized with vaulted 9' ceilings, have huge closets and are separated by a long haul with shared bath. This newer construction home is eligible for up to 100% financing on a 30yr fixed rate program with no PMI or $5k in closing credits that can be used towards down payment - ask agent for details on special financing. Checkout the 3D tour online and then drop into the *Open House* this Sunday from 2-3:30.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 2005
  • Stories: 2

Listing Office:

  • Office Name: Sowell, Realtors

Interior Features

Interior Information:

  • Appliances: Range, Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Part Hardwood, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Vent Hood/Exhaust Fan
  • Fireplace: Masonry, In Den/Great Room, Gas Logs

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Storage Building, Porch, Patio, Historic District, Wood Fence, Sidewalks

Parking Information:

  • Parking: Driveway/Pad

Virtual/3D Tour

  • 3D Tour: 940 Philadelphia St
3D Tour

Lot Features

Lot Information:

  • Lot: Level, Landscaped, Fencing
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Young Ave., North on Philadelphia, 940 is on the Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $364,900

Tax Information:

  • Annual Amount: $4,901
  • 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

$190.4K

# of Sold Homes

409

940 Philadelphia St vs Memphis

1 DAY ON ROCKET

$364,900

+$174.4K More

KEY TAKEAWAY

This property is $174.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185507

Listing Office:

  • Office Name: Sowell, Realtors

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: 11/21/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2017Home Sold
$210,000
Apr 25, 2005Home Sold
$199,900
Jun 18, 2004Home Sold
$18,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,901$67,700
2020$3,945$54,450
2019$3,945$54,450
2018$2,238$54,450
2017$1,928$54,450

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,160

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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-188200
5
/10

  • Peabody Elementary School

  • 2086 Young Ave

  • 0.36 miles

  • Public Magnet Grades PK-5

school-card-donut-188201
3
/10

  • Aspire Hanley Elementary School (ASD)

  • 680 Hanley St

  • 0.69 miles

  • Public Charter Grades KG-5

school-card-donut-188202
3
/10

  • Dunbar Elementary School

  • 2606 Select Ave

  • 1.09 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 $42,606. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Philadelphia St

What is the listing price of this property?

The listing price of 940 Philadelphia St property is $364,900.

What type of property is this?

The property 940 Philadelphia St is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 940 Philadelphia 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 $4,901 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 28, 2017 for $210,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 940 Philadelphia St has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 940 Philadelphia St is 2005.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›940 Philadelphia St

This home is located at 940 Philadelphia St in Memphis, TN and zip code 38104 in the Cooper Young neighborhood. This home, which was built in 2005, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $364,900.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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