Memphis Steals: Charming Townhome Crowned Cheapest Sale on MLS
For Memphis house hunters, the past week wasn't just about finding a home, it was about finding a steal. And steal they did, with the "Greenlodge Townhome: 6973 CRESTRIDGE RD, Memphis, TN 38119" officially claiming the title of cheapest house sold on the Memphis MLS in the past week.
1/19/20241 min read
Courtesy of "Paradigm21 Realty"
Price to Please:
Forget the six-figure price tags, this townhome snagged a buyer for a cool $113,000. That's a whopping 35% cheaper than the median sale price in December 2023, making it a true anomaly in the Memphis market. Even after a $16,900 price cut from its initial listing of $129,900, this sale remains a historic bargain.
Cash is King:
This charming abode required a smooth cash transaction, making it ideal for pre-approved buyers or lucky ones with ready funds. No mortgages, no closing costs – just a streamlined path to homeownership.
Location, Location, Location:
Nestled in the desirable Greenlodge neighborhood, the townhome enjoys convenient access to shopping, dining, and entertainment options. Whether you're drawn to the charm of local cafes or the excitement of Shelby Farms Park, this location offers something for everyone.
28 Days and Done:
This hidden gem didn't stay hidden for long. Snapped up in just 28 days, it highlights the competitiveness of the Memphis housing landscape, especially for deals like this.
Potential Awaits: While details about the townhome's interior might be scarce, the potential for personalization and renovation is undeniable. With a blank canvas awaiting your creative touch, you can customize this space to become your own cozy haven.
So, if you missed out on this record-breaking deal, don't fret! Memphis is a treasure trove of hidden gems waiting to be discovered. Keep your eyes peeled for similar listings, and who knows, the next incredible steal might just be around the corner.