Captivating, newly renovated, Midtown Bungalow delight located in the Evergreen/Vollentine District close to Rhodes College. This unique 2-bedroom 2-bath homeis designed with an updated kitchen, old-style French doors, hardwood floors, luxury bath jacuzzi tub, arched windows, and ceiling fans throughout. This home definitely has old-style character with modern updates. Included in this package is a large fenced in backyard, bonus room, cozy gas fireplace, and central heat/air. This fabulous home is just missing your personal touch.To obtain more information, please contact Quality Properties at (901)592-5251. Appliances: Central Air Conditioning OvenWasher & Dryer Hookup Lease Lengths: 12 Months 24 Months Other - Lease Option Utilities: Resident Pays Electricity Resident Pays Heat Resident Pays Water Resident Pays Gas Neighborhood Description This house is in the middle of a midtown area that is in the process of being revitalized. This neighborhood is a "diamond in a rough" and could use some diversity. The home owners in the area are middle to fixed income working class individuals. The neighborhood is quiet at night, and I've seen little children ages 6 and up playing outside by themselves peacefully during the daytime. The home is 3 minutes away from Rhodes College, 10 minutes from University of Memphis, 10 minutes from Mudd Island, and 15 minutes from all the pleasures of Downtown. Looking forward, this area will benefit from the Uptown Development project which will be hitting the area over the next couple of years. With the fact that this home is located in a historic district, I believe that these property values will continue to increase. As of today the comps within a mile of this home are suggesting that homes comparable to this one are selling for $110/sqft and within a half mile it is $100/sqft and this is for homes sold within the last six months as of 3/26/2008 which estimates the value from $138,000 - $158,000. It appraised for $130,000 in June of 2007. I see great things ahead for this neighborhood, and anyone who gets in early will benefit greatly in the future.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
