26 days on rocket

2012 Carnes Ave, Memphis, TN, 38114

$485,890

Home List Price

$5,770*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2012 Carnes Ave, Memphis$485,890

Buyer Closing Credits

$5,770*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAsphalt/Blacktop
Year Built1919
HeatingSpace Heater(s)
CoolingWall/Window Unit(s)
BasementYes
MLS #10171416
StatusActive

About 2012 Carnes Ave

Excellent opportunity ! Recently updated property with open floor plan, distinctive curb appeal. Move in ready. This 4 unit building is located near Midtown and Cooper Young. The units are 1 & 2 br. 3 doors occupied by section 8 tenants. Rents are: 2 bd $1,200, 1 bd $910, 1 bd $900 Recently appraised for $499,000

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 2

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl Floor

Exterior Features

Parking Information:

  • Parking: Asphalt/Blacktop

Utilities

Utilities Information:

  • Heating: Space Heater(s)
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Take HWY64 E Parkway N, Then left on E Parkway S , Property will be on a left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,890

Tax Information:

  • Annual Amount: $2,786
  • 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

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

2012 Carnes Ave vs Memphis

26 DAYS ON ROCKET

$485,890

+$290.2K More

KEY TAKEAWAY

This property is $290.2K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10171416

Listing Office:

  • Office Name: Crye-Leike, Inc., 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: 5/28/2024, 3:20:34 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$2,786$38,480
2020$2,646$36,520
2019$2,646$36,520
2018$1,501$36,520
2017$1,196$36,520

History based on county public records data.

Payment Calculator

$2,493

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,523

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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.

High School

school-card-donut-3765932
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.70 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,641. The majority of Memphis, TN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38114›2012 Carnes Ave

This home is located at 2012 Carnes Ave in Memphis, TN and zip code 38114 in the Orange Mound neighborhood. This home was built in 1919. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $485,890.

In April 2024, from all listings sold in Memphis, TN there were more than 75 sold above asking price, over 272 sold below and more than 122 were sold right at the asked price. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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