$214,900

7411 Palgrave Ln Memphis, TN 38125

$2,552
Closing credit¹
3 beds
2 full, 1 partial
0.2 acres
House

Property details

About 7411 Palgrave Ln

Ready for your next project? This house just needs a little updating, cleaning, and refreshing to bring it back to life. Ideal for DIY homeowners who are not afraid of a little sweat equity or investors looking for their next buy-and-hold. It will make a great investment property. Sellers are investors and have never seen the property. The property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due diligence. Sold AS-IS. The seller will not make repairs.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s)
BasementYes
Lot size0.2 Acres
Year built1978
ParkingGarage Door Opener(s),Front-Load Garage, Garage
MLS #10190960
FireplaceMasonry, In Living Room
ViewOther

Summary

  • MLS Number: 10190960
  • 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: 3/8/2025, 8:20:50 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

cape cod house featuring driveway, brick siding, a chimney, and an attached garage

$214,900

7411 Palgrave Ln

$2,552

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$36,275$2,209
2023$36,275$2,209
2022$36,275$984
2021$36,275$984
2020$25,450$1,844
2019$25,450$1,844
2018$25,450$1,046
2017$25,450$1,066

History based on county public records data.

Nearby schools

6

Germanshire Elementary School

Public District PK-5

0.7 mi

3965 S Germantown Rd

4

Oak Forest Elementary School

Public Magnet PK-5

1.0 mi

7440 Nonconnah View Cv

5

Journey East Academy

Public Charter KG-5

1.0 mi

6870 Winchester Rd

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 $65,457. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
41%
35k-100k
21%
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?

29%
Single, No Kids
22%
Single, with Kids
22%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • BasketballBasketball
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • WingstopWingstop
  • Jasons DeliJasons Deli
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • NissanNissan
  • AcuraAcura
  • BuickBuick

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7411 Palgrave Ln

This home is located at 7411 Palgrave Ln in Memphis, TN and zip code 38125 in the Richwood neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $214,900.

In February 2025 more than 57 listings in Memphis, TN were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 205 were sold below. 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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