$250,000

296 Melita Rd Memphis, TN 38120

$2,969
Closing credit¹
3 beds
1 full
0.2 acres
House

Property details

About 296 Melita Rd

The house was completely renovated in 2020, new hvac and new water heater installed then as well. Tenant occupied, no showings without an accepted offer. Lease expires 6/30/26. rent 1475 until 6/30/25 then it goes to $1525

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Lot size0.2 Acres
Year built1955
ParkingAssigned Parking
MLS #10189495

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Flooring Type: Tile, Vinyl/Luxury Vinyl Floor
  • Total Bedroom Count: 3
  • Parking: Assigned Parking
  • Exterior: Patio
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $250,000
  • Annual Tax Amount: $2,768
  • Tax Year: 2024
  • Lot: Level
  • Directions: Heading east on Mason Road turn right onto Melita Road and the property will be on your left.
  • Year Built: 1955
  • Stories: 1
  • Lot Size: 0.2 Acres
  • MLS Number: 10189495
  • Office Name: Premier Realty Group, LLC

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: 5/13/2025, 10:20:27 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

ranch-style home with a front yard

$250,000

296 Melita Rd

$2,969

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 23, 2020
Home Sold
$195,000
Aug 31, 2020
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2024$45,450$2,768
2023$45,450$2,768
2022$45,450$2,801
2021$45,450$2,801
2020$24,550$1,778
2019$24,550$1,778
2018$24,550$1,009
2017$24,550$975

History based on county public records data.

Nearby schools

8

Richland Elementary School

Public District PK-5

0.3 mi

5440 Rich Rd

8

White Station Elementary School

Public District PK-5

1.3 mi

4840 Chickasaw Rd

4

Aurora Collegiate Academy

Public Charter KG-5

1.4 mi

4841 Summer Ave

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 $60,584. Typical income of Memphis, TN residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
48%
35k-100k
24%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • QdobaQdoba
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Memphis, TN

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

About 296 Melita Rd

The listing price of 296 Melita Rd property is $250,000.

The property 296 Melita Rd is a house located in Memphis, Tennessee, 38120.

Active Listing: 296 Melita Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 296 Melita Rd are: Richland Elementary School (GreatSchools Rating 8/10), White Station Elementary School (GreatSchools Rating 8/10), Aurora Collegiate Academy (GreatSchools Rating 4/10), White Station Middle School (GreatSchools Rating 8/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), Dexter Middle School (GreatSchools Rating 5/10), White Station High School (GreatSchools Rating 8/10), Kingsbury High School (GreatSchools Rating 2/10), Memphis Rise Academy (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $2,768 (source: MLS/based on county public records data).

The last sale was on November 23, 2020 for $195,000 (source: MLS/tax record).

The property at 296 Melita Rd has 3 bedrooms and 1 bathroom.

The year of construction for 296 Melita Rd is 1955.

This home is located at 296 Melita Rd in Memphis, TN and zip code 38120. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $250,000.

While more than 51 listings in Memphis, TN in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 223 were sold below. The number of listings in Memphis, TN increased by 13.8% between March and April 2025.

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

More resources