261 Gracewood St Memphis, TN 38112
Binghampton NeighborhoodEstimated payment $950/month
Total Views
2,681
3
Beds
2
Baths
1,200-1,399
Sq Ft
$118
Price per Sq Ft
Highlights
- Updated Kitchen
- Eat-In Kitchen
- Central Heating and Cooling System
- Traditional Architecture
- Tile Flooring
- 5-minute walk to Robert Howze Park
About This Home
Wonderful opportunity to own charming and move in ready rambler with unbeatable layout! This turnkey home has been updated to fit all your needs. Light and bright living room welcomes you to flowing floorplan, energy efficient ceiling fans and attractive tile work throughout. Kitchen features granite countertops, space saving pantry, and stainless steel appliances. Two sizeable bedrooms with ceramic flooring offer versatile living space; bedrooms, home office, or home gym! Spacious primary suite boasts private bath and walk in closet. Long driveway provides ample parking space, and generously sized, fully fenced backyard is perfect for outdoor gatherings or low key rest & relaxation. New fence brings peace of mind for years to come. See for yourself today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $608
Year Built
- Built in 2000
Lot Details
- 6,534 Sq Ft Lot
- Wood Fence
- Level Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,237 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Tile Flooring
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- On-Street Parking
Location
- Ground Level
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Gas
- 220 Volts
Community Details
- Gracewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 044009 A00029
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $608 | $27,100 | $3,375 | $23,725 |
| 2024 | $608 | $17,925 | $2,400 | $15,525 |
| 2023 | $1,092 | $17,925 | $2,400 | $15,525 |
| 2022 | $1,092 | $17,925 | $2,400 | $15,525 |
| 2021 | $618 | $17,925 | $2,400 | $15,525 |
| 2020 | $1,136 | $15,675 | $2,400 | $13,275 |
| 2019 | $501 | $15,675 | $2,400 | $13,275 |
| 2018 | $501 | $15,675 | $2,400 | $13,275 |
| 2017 | $513 | $15,675 | $2,400 | $13,275 |
| 2016 | $642 | $14,700 | $0 | $0 |
| 2014 | $473 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $164,900 | -5.7% | $137 / Sq Ft |
| 07/28/2025 07/28/25 | For Sale | $174,900 | 0.0% | $146 / Sq Ft |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | Price Changed | $174,900 | -5.4% | $146 / Sq Ft |
| 06/28/2025 06/28/25 | For Sale | $184,900 | +180.2% | $154 / Sq Ft |
| 05/09/2019 05/09/19 | Sold | $66,000 | -5.6% | $55 / Sq Ft |
| 03/22/2019 03/22/19 | For Sale | $69,900 | +286.0% | $58 / Sq Ft |
| 07/18/2012 07/18/12 | Sold | $18,111 | +0.6% | $15 / Sq Ft |
| 07/06/2012 07/06/12 | Pending | -- | -- | -- |
| 05/10/2012 05/10/12 | For Sale | $18,000 | -- | $15 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $108,000 | Summit Title & Escrow | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $77,400 | Commercial Title Group Llc | |
| Warranty Deed | $66,000 | Commercial Title Group Llc | |
| Warranty Deed | $55,000 | None Available | |
| Deed | $18,111 | None Available | |
| Trustee Deed | $56,048 | None Available | |
| Warranty Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $61,500 | New Conventional | |
| Previous Owner | $27,500 | Purchase Money Mortgage | |
| Previous Owner | $59,816 | FHA | |
| Closed | $8,902 | No Value Available |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10200134
APN: 04-4009-A0-0029
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