$2,136 Closing Credit¹
#10195072, Listing Office: 901, REALTORS
$164,900 List price
1041 Richland Dr Memphis, TN 38116
$1,958
Closing credit¹
3 beds
2 full
0.4 acres
House
Property details
About 1041 Richland Dr
Multiple cashflow investment turnkey properties available. Sold as package or individually. Home is fully renovated to include: new roof, HVAC, refinished hard wood flooring, upgraded kitchen, and bathrooms. Professionally and locally managed. Schedule a showing today and ask your favorite realtor for a copy of the scope of work and proforma! Tenant Occupied. Do not disturb tenant. Owner/Agent
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.38 Acres
Year built1955
ParkingDriveway/Pad
MLS #10195995
Summary
- Full Bathrooms: 2
- Flooring Type: Vinyl/Luxury Vinyl Floor
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Porch, Wood Fence
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $164,900
- Annual Tax Amount: $1,495
- Tax Year: 2024
- Lot: Few Trees
- Directions: Get on I-240 S/I-69 from Doctor M.L.K. Jr Ave/Linden Ave 6 min (2.3 mi) ? Follow I-69. Take exit 2B from I-69 8 min (8.0 mi) ? Continue on TN-175 W/E Shelby Dr. Take Elvis Presley Blvd to Richland Dr
- Year Built: 1955
- Stories: 1
- Lot Size: 0.38 Acres
- MLS Number: 10195995
- Office Name: Foundation Property Management
Copyright© 2025 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: 6/2/2025, 2:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$164,900
1041 Richland Dr
$1,958
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 17, 2009 | Home Sold | $45,000 |
| Mar 05, 2003 | Home Sold | $89,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $24,550 | $1,495 |
| 2023 | $24,550 | $1,495 |
| 2022 | $24,550 | $1,551 |
| 2021 | $25,175 | $1,551 |
| 2020 | $15,925 | $1,153 |
| 2019 | $15,925 | $1,153 |
| 2018 | $15,925 | $654 |
| 2017 | $15,925 | $710 |
History based on county public records data.
Nearby schools
3
Holmes Road Elementary School
Public District PK-5
0.1 mi
•1083 E Holmes Rd
5
Whitehaven Elementary STEM
Public Magnet PK-5
0.8 mi
•4783 Elvis Presley Blvd
4
Oakshire Elementary School
Public District PK-5
1.4 mi
•1765 E Holmes Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,489. The majority of Memphis, TN residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
34%
<35k
31%
35k-100k
31%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
16%
Single, with Kids
30%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
48%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Basketball
Mexican League Soccer
Where do the neighbors shop?
Stein Mart
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
LongHorn Steakhouse
Jasons Deli
Church's Chicken
What do the neighbors drive?
Buick
Acura
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 1041 Richland Dr
The listing price of 1041 Richland Dr property is $164,900.
The property 1041 Richland Dr is a house located in Memphis, Tennessee, 38116.
Active Listing: 1041 Richland Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1041 Richland Dr are: Holmes Road Elementary School (GreatSchools Rating 3/10), Whitehaven Elementary STEM (GreatSchools Rating 5/10), Oakshire Elementary School (GreatSchools Rating 4/10), J. P. Freeman Elementary/Middle (GreatSchools Rating 8/10), Havenview Middle School (GreatSchools Rating 3/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Whitehaven High School (GreatSchools Rating 5/10), City University School of Liberal Arts (GreatSchools Rating 4/10), Fairley High School (ASD) (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,495 (source: MLS/based on county public records data).
The last sale was on December 17, 2009 for $45,000 (source: MLS/tax record).
The property at 1041 Richland Dr has 3 bedrooms and 2 bathrooms.
The year of construction for 1041 Richland Dr is 1955.
This home is located at 1041 Richland Dr in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $164,900.
In May 2025, from all listings sold in Memphis, TN there were more than 70 sold above asking price, over 263 sold below and more than 110 were sold right at the asked price. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. While the average time on the market in May 2025 was 10 days, the median list price was $220,000.
From Rocket Homes Real Estate and based on county public records data.