11 days on rocket

3549 Lily Ln, Memphis, TN, 38111

$1,475,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
House

Location

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3549 Lily Ln, Memphis$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener(s), Side-Load Garage, Garage
Year Built2004
HeatingCentral, Natural Gas, Multi Unit(s)
CoolingMulti Unit(s), Ceiling Fan(s), Central Air
BasementYes
WaterfrontBay
FireplaceIn Living Room, In Keeping/Hearth room, In Other Room, Gas Starter
ViewWater
MLS #10186332
Lot Size0.63 Acres
StatusActive

About 3549 Lily Ln

Newer home in one of East Memphis' grand old neighborhoods, Red Acres/Galloway! Built in 2004, this handsome traditional on large .63 acre lot boasts 10' ceilings, Australian Cypress wood floors, gorgeous windows and an open floor plan. 5 bedrooms with en-suite baths, including spacious Primary bedroom and guest bedroom downstairs. Vaulted kitchen/keeping room with fireplace, walk-in wine cooler, separate breakfast room area and high end appliances. Love the extra wide hallways which are great for entertaining. Walk out to covered patio with electric phantom screens, fireplace, TV and Viking gas grill, overlooking huge back yard, perfect for a pool and/or pickleball court. 3 car garage and parking pad by front door. New roof, all 3 HVAC systems, wine cooler, media room, wood floors, phantom screens. All appliances stay. No exclusions. 2 Ring cameras. 3 walk-in attics. Red Acres is a wonderful neighborhood surrounding a very fine golf course. Golf cart friendly!

Property Details

Property Features

Property Information:

  • Architectural Style: French, Traditional
  • Year Built: 2004
  • Stories: 2

Listing Office:

  • Office Name: Hobson, REALTORS

Interior Features

Interior Information:

  • Appliances: Self Cleaning Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Ice Maker
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Walk-In Attic, Central Vacuum, Security System, Monitored Alarm
  • Fireplace: In Living Room, In Keeping/Hearth room, In Other Room, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Bay
  • View: Water
  • Exterior: Auto Lawn Sprinkler, Gas Grill, Screen Porch, Covered Patio

Parking Information:

  • Parking: Garage Door Opener(s), Side-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Fencing
  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Multi Unit(s)
  • Cooling: Multi Unit(s), Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Lily Lane is West off of West Galloway Drive. Take Walnut Grove East from Highland and turn right on W. Galloway, then left on Lily Lane, house on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000

Tax Information:

  • Annual Amount: $21,371
  • Tax Year: 2021
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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

$183K

# of Sold Homes

362

3549 Lily Ln vs Memphis

11 DAYS ON ROCKET

$1,475,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186332

Listing Office:

  • Office Name: Hobson, REALTORS

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: 12/18/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2015Home Sold
$905,000
Aug 13, 2004Home Sold
$900,000
Nov 04, 2003Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,371$295,175
2020$16,394$226,250
2019$16,394$226,250
2018$10,725$226,250
2017$10,450$260,950

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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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-4328080
10
/10

  • Campus Elementary School

  • 535 Zach Curlin

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-4328081
3
/10

  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 1.37 miles

  • Public Charter Grades PK-5

school-card-donut-4328082
4
/10

  • Arrow Academy of Excellence

  • 645 Semmes St

  • 1.48 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $201,967. Typical income of Memphis, TN residents is $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3549 Lily Ln

What is the listing price of this property?

The listing price of 3549 Lily Ln property is $1,475,000.

What type of property is this?

The property 3549 Lily Ln is a house located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 3549 Lily Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21,371 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 21, 2015 for $905,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3549 Lily Ln has 5 bedrooms and 5 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3549 Lily Ln is 2004.

Rocket Homes›Tennessee›Shelby County›Memphis›38111›3549 Lily Ln

This home is located at 3549 Lily Ln in Memphis, TN and zip code 38111 in the Red Acres neighborhood. This home, which was built in 2004, sits on a 0.63 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $1,475,000.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. In November 2024 in Memphis, TN there were 6.8% more homes for sale than in October 2024.

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

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