14 days on rocket

3462 Mountain Ter, Memphis, TN, 38127

$180,000

Home List Price

$2,138*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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3462 Mountain Ter, Memphis$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1961
HeatingCentral
CoolingCentral Air
MLS #10172295
Lot Size0.23 Acres
StatusActive

About 3462 Mountain Ter

Recently renovated property, located on a corner lot. New furnace, new laundry room, new bar top in kitchen with granite countertops, updated recessed lighting, garage has been remodeled (can be used as recreational area), attic space in garage for extra storage, backyard completely fenced, gravel parking area for additional vehicles. Perfect for an owner-occupant, rental or can be used for Airbnb.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 1

Listing Office:

  • Office Name: Progressive Realty Services

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Vinyl/Luxury Vinyl Floor

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Corner Lot, Fencing
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Head south on N Hollywood St. Turn left onto Whitney Ave. Turn right onto Mountain Terrace St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

3462 Mountain Ter vs Memphis

14 DAYS ON ROCKET

$180,000

-$15.6K Less

KEY TAKEAWAY

This property is $15.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10172295

Listing Office:

  • Office Name: Progressive Realty Services

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, 4:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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-3805588
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.19 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,831. The most common annual income of people living in Memphis, TN is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3462 Mountain Ter

What is the listing price of this property?

The listing price of 3462 Mountain Ter property is $180,000.

What type of property is this?

The property 3462 Mountain Ter is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 3462 Mountain Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3462 Mountain Ter are:
Memphis Virtual School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 3462 Mountain Ter has 4 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3462 Mountain Ter is 1961.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›3462 Mountain Ter

This home is located at 3462 Mountain Ter in Memphis, TN and zip code 38127 in the South Memphis neighborhood. This home, which was built in 1961, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $180,000.

In April 2024 more than 75 listings in Memphis, TN were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 272 were sold below. 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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