2 months on rocket

996 Floyd Ave, Memphis, TN, 38127

$64,500

Home List Price

$766*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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996 Floyd Ave, Memphis$64,500

Buyer Closing Credits

$766*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1951
HeatingCentral
CoolingCentral Air
MLS #10181357
Lot Size0.32 Acres
StatusActive

About 996 Floyd Ave

Excellent cash-flowing investment property now available! Roof, HVAC and Water Heater 4 years old. Detached Garage. Tenant is on a month-to-month lease. No showings without accepted offer. No wholesale or creative financing offers. Do not disturb tenant.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1951
  • Stories: 1

Listing Office:

  • Office Name: Adaro Realty, Inc.

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-40 W towards Little Rock, take State Route 300 towards Millington, US-51. Keep right onto US-51 toward Millington. Turn Left onto Millington Street. Turn Left onto Floyd Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,500

Tax Information:

  • Annual Amount: $500
  • 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

996 Floyd Ave vs Memphis

67 DAYS ON ROCKET

$64,500

-$125.9K Less

KEY TAKEAWAY

This property is $125.9K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10181357

Listing Office:

  • Office Name: Adaro Realty, Inc.

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: 11/23/2024, 9:20:48 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 27, 2009Home Sold
$12,859
May 30, 2003Home Sold
$39,000

Tax History

YEARPROP. TAXASSESSMENT
2021$500$6,900
2020$349$4,825
2019$349$4,825
2018$198$4,825
2017$228$4,825

History based on county public records data.

Payment Calculator

$389

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$260

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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-981064
4
/10

  • Westside Elementary School

  • 3347 Dawn Dr

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-981065
3
/10

  • Whitney Achievement Elementary School (ASD)

  • 1219 Whitney Ave

  • 1.18 miles

  • Public District Grades PK-5

school-card-donut-981066
3
/10

  • Corning Achievement Elementary School (ASD)

  • 1662 Dabbs 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 $25,862. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 996 Floyd Ave

What is the listing price of this property?

The listing price of 996 Floyd Ave property is $64,500.

What type of property is this?

The property 996 Floyd Ave is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 996 Floyd Ave 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 $500 (source: MLS/based on county public records data).

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

The last sale was on February 27, 2009 for $12,859. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 996 Floyd Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 996 Floyd Ave is 1951.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›996 Floyd Ave

This home is located at 996 Floyd Ave in Memphis, TN and zip code 38127 in the Westside neighborhood. This home, which was built in 1951, sits on a 0.32 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $64,500.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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