Fantastic investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted
Property Details
Property Features
Property Information:
Architectural Style: Other (See Remarks)
Year Built: 1941
Stories: 1
Listing Office:
Office Name: CrestCore Realty MphsBrokerage
Interior Features
Interior Information:
Flooring Type: Other (See REMARKS)
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Other
Exterior: Other (See REMARKS)
Parking Information:
Parking: Other (See REMARKS)
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Other
Directions Information:
Directions: Home near Mid-town area. From Watkins to Vollintine make left, to Avalon, make left and right on Terry Circle. Keep to the right. Home on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $130,000
Tax Information:
Annual Amount: $1,622
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$716
Per Month
Principal & Interest
$649
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$456
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Vollentine Elementary School
1682 Vollintine Ave
Distance between this listing and this school0.12 miles
Public Magnet Grades PK-5
3
/10
Memphis Scholars Caldwell-Guthrie (ASD)
951 Chelsea Ave
Distance between this listing and this school1.24 miles
Public Charter Grades PK-5
5
/10
Springdale Elementary School
880 N Hollywood St
Distance between this listing and this school1.62 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Believe Memphis Academy Charter School
1250 Vollintine Ave
Distance between this listing and this school0.65 miles
Public Charter Grades 4-7
3
/10
Kipp Memphis Middle Academy
2110 Howell Ave
Distance between this listing and this school0.89 miles
Public Charter Grades 5-8
3
/10
Snowden School
1870 N Parkway
Distance between this listing and this school0.90 miles
Public Magnet Grades PK-8
Nearby Schools
3
/10
Kipp Memphis Collegiate High School
2110 Howell Ave
Distance between this listing and this school0.89 miles
Public Charter Grades 9-12
5
/10
Crosstown High School
1365 Tower Ave
Distance between this listing and this school1.02 miles
Public Charter Grades 9-11
1
/10
Northwest Preparatory Academy
1266 Poplar Ave
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $26,818. Most Memphis, TN residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 991 Terry Cir
What is the listing price of this property?
The listing price of 991 Terry Cir property is $130,000.
What type of property is this?
The property 991 Terry Cir is a house located in Memphis, Tennessee, 38107.
Is this property for sale now?
Active Listing: 991 Terry 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 $1,622 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 4, 2009 for $329,400. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 991 Terry Cir has 3 bedrooms and 1 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 991 Terry Cir is 1941.
This home is located at 991 Terry Cir in Memphis, TN and zip code 38107 in the Vollintine-Evergreen neighborhood. This home, which was built in 1941, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $130,000.
While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. 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.