$3,634

closing credit¹

1600 Estate Dr Memphis, TN 38119

$306,000
3 beds
2 full
0.2 acres
House

Property details

About 1600 Estate Dr

Meticulously renovated 3 bed, 2 bath home in desirable Colonial Acres shines with thoughtful updates. This fully furnished property feels more spacious than its square footage, featuring an open-concept design with gleaming hardwood floors. Recent enhancements include a new roof, HVAC system, energy-efficient windows, and beautifully remodeled bathrooms. The bright, open kitchen seamlessly connects to the living spaces, making it ideal for entertaining. The expansive, fully fenced backyard boasts a new patio, perfect for outdoor gatherings. Additional upgrades include fresh interior paint, a PVC sewer line, and a sizable workshop/storage room. Currently generating $1,800/month in rental income through September 2025, this turnkey investment property is ideally located in East Memphis, just minutes from premier shopping, dining, museums, and gardens.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.18 Acres
Year built1959
ParkingDriveway/Pad,Storage Room(s)
MLS #10188263
FireplaceMasonry, In Den/Great Room, Glass Doors
ViewOther

Summary

  • MLS Number: 10188263
  • Office Name: Real Estate Agency

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: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with a front yard

$306,000

1600 Estate Dr

$3,634

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 02, 2023
Home Sold
$289,000
Dec 22, 2004
Home Sold
$123,000
Oct 24, 2001
Home Sold
$105,000

Tax history

YearAssessmentProperty Tax
2024$54,000$3,289
2023$54,000$3,289
2022$54,000$3,328
2021$54,000$3,328
2020$32,100$2,325
2019$32,100$2,325
2018$32,100$1,319
2017$32,100$1,313

History based on county public records data.

Nearby schools

7

Sea Isle Elementary School

Public District PK-5

0.5 mi

5250 Sea Isle Rd

5

Balmoral-Ridgeway Elementary School

Public Magnet KG-5

1.2 mi

5905 Grosvenor Ave

5

Fox Meadows Elementary School

Public District PK-5

1.4 mi

2960 Emerald St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,333. Most Memphis, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
48%
35k-100k
28%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
7%
Single, with Kids
29%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1600 Estate Dr

This home is located at 1600 Estate Dr in Memphis, TN and zip code 38119 in the Sea Isle Park neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $306,000.

Over 61 listings were sold over their listed price in December 2024 in Memphis, TN. In the same period over 237 listings were sold below the listed price and 97 listings were sold for the listed price. In December 2024 in Memphis, TN there were 1.5% more homes for sale than in November. In December 2024 median list price was $190,593 and the average listing age was 67 days.

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

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