$73,000

2986 Lounette St Memphis, TN 38114

$867
Closing credit¹
3 beds
1 full
0.5 acres
House

Property details

About 2986 Lounette St

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.46 Acres
Year built1953
ParkingOther (See REMARKS)
MLS #10185297
WaterfrontOther

Summary

  • MLS Number: 10185297
  • Office Name: CrestCore Realty MphsBrokerage

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: 3/10/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front yard

$73,000

2986 Lounette St

$867

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 26, 2017
Home Sold
$167,000
Dec 13, 2004
Home Sold
$15,000

Tax history

YearAssessmentProperty Tax
2024$10,350$630
2023$10,350$630
2022$10,350$637
2021$10,350$637
2020$5,725$414
2019$5,725$414
2018$5,725$235
2017$5,725$272

History based on county public records data.

Nearby schools

4

Cherokee Elementary School

Public District PK-5

0.7 mi

3061 Kimball Ave

3

Sharpe Elementary School

Public District PK-5

0.8 mi

3431 Sharpe Ave

4

Bethel Grove Elementary School

Public District PK-5

1.5 mi

2459 Arlington 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 $33,960. Most Memphis, TN residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
35%
35k-100k
2%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

53%
Single, No Kids
26%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2986 Lounette St

This home is located at 2986 Lounette St in Memphis, TN and zip code 38114 in the Fairlawn neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $73,000.

In February 2025, from all listings sold in Memphis, TN there were more than 57 sold above asking price, over 205 sold below and more than 73 were sold right at the asked price. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. While the average time on the market in February 2025 was 67 days, the median list price was $185,000.

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

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