8 months on rocket

943 Frayser Cir, Memphis, TN, 38127

$50,000

Home List Price

$594*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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943 Frayser Cir, Memphis$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1948
HeatingOther
CoolingOther
MLS #10168975
StatusActive

About 943 Frayser Cir

GREAT INVESTMENT HOUSE! This home has a brand new roof and decking. The old drywall has been removed so it's prepped for renovations to be completed. 27 trees removed. HOUSE IS IN ENVIRONMENTAL COURT. Buyer will need to show court budget/plans for renovations and assume lien until completed/approved. Reno completion budget is approx $50K. ONLY CASH OFFERS. Will need updates to electric and plumbing, needs HVAC and flooring, and windows/doors added. This needs a total rehab inside.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1948
  • Stories: 1

Listing Office:

  • Office Name: Paradigm21 Realty

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Follow US-51 N/Thomas St to Frayser Cir

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $550
  • 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

$183K

# of Sold Homes

362

943 Frayser Cir vs Memphis

248 DAYS ON ROCKET

$50,000

-$133K Less

KEY TAKEAWAY

This property is $133K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10168975

Listing Office:

  • Office Name: Paradigm21 Realty

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: 12/3/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$550$7,600
2020$454$6,275
2019$454$6,275
2018$258$6,275
2017$286$6,275

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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.

Nearby Schools

school-card-donut-3517162
4
/10

  • Westside Elementary School

  • 3347 Dawn Dr

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-3517163
3
/10

  • Whitney Achievement Elementary School (ASD)

  • 1219 Whitney Ave

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-3517164
4
/10

  • Frayser Achievement Elementary School (ASD)

  • 1602 Dellwood Ave

  • 1.26 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 $26,000. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 943 Frayser Cir

What is the listing price of this property?

The listing price of 943 Frayser Cir property is $50,000.

What type of property is this?

The property 943 Frayser Cir is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 943 Frayser Cir 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 $550 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 943 Frayser Cir has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 943 Frayser Cir is 1948.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›943 Frayser Cir

This home is located at 943 Frayser Cir in Memphis, TN and zip code 38127 in the Frayser neighborhood. This home was built in 1948. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $50,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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