$784 Closing Credit¹
#10185286, Listing Office: CrestCore Realty MphsBrokerage
$66,000 List price
2986 Lounette St Memphis, TN 38114
$784
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
- Full Bathrooms: 1
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 3
- Parking: Other (See REMARKS)
- Waterfront: Other
- Exterior: Other (See REMARKS)
- Architectural Style: Other (See Remarks)
- Heating: Other
- Cooling: Other
- List Price: $66,000
- Annual Tax Amount: $630
- Tax Year: 2024
- Lot: Other
- Directions: From 240W, take exit 21 onto Lamar, 78W. Turn left onto Prescott. Slight right onto Lamar. Left onto Semmes. Left onto Wildrose. Right onto Armistead. Left onto Lounette.
- Year Built: 1953
- Stories: 1
- Lot Size: 0.46 Acres
- 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: 5/28/2025, 8:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$66,000
2986 Lounette St
$784
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 26, 2017 | Home Sold | $167,000 |
| Dec 13, 2004 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $33,960. Typical income of Memphis, TN residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living 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 Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2986 Lounette St
The listing price of 2986 Lounette St property is $66,000.
The property 2986 Lounette St is a house located in Memphis, Tennessee, 38114.
Active Listing: 2986 Lounette St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2986 Lounette St are: Cherokee Elementary School (GreatSchools Rating 4/10), Sharpe Elementary School (GreatSchools Rating 3/10), Bethel Grove Elementary School (GreatSchools Rating 4/10), Compass Community School Orange Mound Campus (GreatSchools Rating 5/10), Sherwood Middle School (GreatSchools Rating 2/10), American Way Middle School (GreatSchools Rating 3/10), Memphis Virtual School (GreatSchools Rating 1/10), Melrose High School (GreatSchools Rating 1/10), Oakhaven High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $630 (source: MLS/based on county public records data).
The last sale was on September 26, 2017 for $167,000 (source: MLS/tax record).
The property at 2986 Lounette St has 3 bedrooms and 1 bathroom.
The year of construction for 2986 Lounette St is 1953.
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 $66,000.
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. Between March and April 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.8%.
From Rocket Homes Real Estate and based on county public records data.