4 months on rocket

316 Timberlane Dr, Memphis, TN, 38018

$389,000

Home List Price

$4,619*

Closing Credit

5 Bedrooms
3 Full Baths
Townhouse

Location

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316 Timberlane Dr, Memphis$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad, Side-Load Garage
Year Built1987
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Dual
BasementYes
FireplaceVentless Gas Fireplace, In Den/Great Room
ViewOther
MLS #10176762
Lot Size0.34 Acres
StatusActive

About 316 Timberlane Dr

Large home on quiet corner. This home offers tons of living space with 4 bedrooms, a bonus (or 5th bedroom) and an office. The 2story great room has French doors that lead to the sun room with lots of natural light. The kitchen has updated countertops, double ovens and gas cooking. Eat-in kitchen with snack bar open to the breakfast area plus formal dining room. Master suite is down with full bath and walk-in closet. Backyard is fully fenced and has wooden deck as well as storage shed.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1987
  • Stories: 1

Listing Office:

  • Office Name: Epique Realty

Interior Features

Interior Information:

  • Appliances: Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Trash Compactor
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Part Carpet, Tile, Slate, Sprayed Ceiling, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Storage Building, Deck, Well Landscaped Grounds, Wood Fence, Sidewalks

Parking Information:

  • Parking: Driveway/Pad, Side-Load Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Dual

Other

Directions Information:

  • Directions: Headed north on Houston Levee Road, turn left onto Walnut Grove Road, turn right onto Walnut Ridge Lane, continue onto Walnut Ridge Loop, turn left onto Timberlane Drive, house is on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000

HOA Fees:

  • Amount: $100
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

316 Timberlane Dr vs Memphis

126 DAYS ON ROCKET

$389,000

+$198.5K More

KEY TAKEAWAY

This property is $198.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10176762

Listing Office:

  • Office Name: Epique Realty

Copyright© 2024 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: 11/15/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$2,017

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-418497
3
/10

  • Cordova Elementary School

  • 750 N Sanga Rd

  • 0.89 miles

  • Public Magnet Grades PK-5

school-card-donut-418498
6
/10

  • Riverwood Elementary School

  • 1330 Stern Ln

  • 2.00 miles

  • Public Magnet Grades PK-5

school-card-donut-418499
6
/10

  • Macon-Hall Elementary School

  • 9800 Macon Rd

  • 2.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,794. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 Timberlane Dr

What is the listing price of this property?

The listing price of 316 Timberlane Dr property is $389,000.

What type of property is this?

The property 316 Timberlane Dr is a townhouse located in Memphis, Tennessee, 38018.

Is this property for sale now?

Active Listing: 316 Timberlane Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 316 Timberlane Dr has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 316 Timberlane Dr is 1987.

Rocket Homes›Tennessee›Shelby County›Memphis›38018›316 Timberlane Dr

This home is located at 316 Timberlane Dr in Memphis, TN and zip code 38018 in the Alliance of Cordova Neighborhoods neighborhood. This home, which was built in 1987, sits on a 0.34 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $389,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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