5 months on rocket

4901 Shayne Ln, Memphis, TN, 38109

$160,000

Home List Price

$1,900*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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4901 Shayne Ln, Memphis$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built2024
HeatingCentral, Electric
CoolingCentral Air
BasementYes
MLS #10176357
Lot Size0.16 Acres
StatusActive

About 4901 Shayne Ln

New construction is happening around Whitehaven, Lakeview Gardens, Levi, and Westwood areas. This is one in a series of affordable homes coming. It features 3 bedrooms, 2 baths, and is an opportunity for your ready and willing buyer. Talk to your Lender about financing options, that could include Lender assistance, City of Memphis DPA, Fannie Mae Home Ready, or THDA programs. $1500 EM to be held by Green Law Firm is required with all offers along with Underwritten Commitment letter.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 1

Listing Office:

  • Office Name: Infinity Group REALTORS, Inc.

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Tile, Smooth Ceiling
  • Interior: Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Tulane and Shelby Drive, go south on Tulane, then right or west on Lorraine. Next turn left or south on Shayne Lane. The property will be on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000

Tax Information:

  • Annual Amount: $199
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$183K

# of Sold Homes

362

4901 Shayne Ln vs Memphis

164 DAYS ON ROCKET

$160,000

-$23K Less

KEY TAKEAWAY

This property is $23K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10176357

Listing Office:

  • Office Name: Infinity Group REALTORS, Inc.

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: 12/17/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$199$2,750
2020$199$2,750
2019$199$2,750
2018$440$2,750
2017$477$10,700

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-4235736
3
/10
  • Westhaven Elementary School

  • 4585 Hodge Rd

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-4235737
3
/10
  • Holmes Road Elementary School

  • 1083 E Holmes Rd

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-4235738
5
/10
  • Whitehaven Elementary STEM

  • 4783 Elvis Presley Blvd

  • 1.12 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,646. The most common annual income of people living in Memphis, TN is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4901 Shayne Ln

What is the listing price of this property?

The listing price of 4901 Shayne Ln property is $160,000.

What type of property is this?

The property 4901 Shayne Ln is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 4901 Shayne 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 $199 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4901 Shayne Ln has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 4901 Shayne Ln is 2024.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›4901 Shayne Ln

This home is located at 4901 Shayne Ln in Memphis, TN and zip code 38109 in the Whitehaven neighborhood. This home, which was built in 2024, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 06, 2024 and is currently priced at $160,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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