2 months on rocket

5022 Cole Rd, Memphis, TN, 38117

$925,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
House

Location

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5022 Cole Rd, Memphis$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingSide-Load Garage, Garage
Year Built2008
HeatingCentral, Multi Unit(s)
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s)
FireplaceIn Living Room, In Den/Great Room, Gas Logs
MLS #10181067
Lot Size0.36 Acres
StatusActive

About 5022 Cole Rd

A luxury property with high ceilings and fine finishes throughout. The main level surrounds an elegant courtyard with a spacious covered patio for easy indoor-outdoor entertaining using the built-in gas grill. The large eat-in kitchen has an 8-foot island, double JennAir ovens and warming drawer, and gas range. Prepare gourmet meals with a view of the fireplace in the vaulted great room and enjoy breakfast overlooking the fountain. The airy primary bedroom has two walk-in closets and french doors to the courtyard. The guest suite is in the other wing for extra privacy. The fifth bedroom is set up as a media room with a projector, sound system, and snack bar for fun movie nights. Ample storage everywhere and don't forget the three-car garage. Enjoy conveniences like downstairs AND upstairs laundry, a central vacuum, and smart home system. Permanent stairs lead to a large second story expansion space. Close to shopping/dining at Laurelwood, Poplar/Mendenhall. Zoned for White Station HS.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Colonial
  • Year Built: 2008
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Double Oven, Cooktop, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Ice Maker
  • Flooring Type: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Interior: All Window Treatments, Permanent Attic Stairs, Attic Access, Walk-In Attic, Central Vacuum, Mud Room, Cat/Dog Free House, Security System, Monitored Alarm, Vent Hood/Exhaust Fan
  • Fireplace: In Living Room, In Den/Great Room, Gas Logs

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Patio, Covered Patio, Courtyard

Parking Information:

  • Parking: Side-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Landscaped, Fencing
  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Walnut Grove and Mendenhall, travel south on Mendenhall. Turn left onto Cole and this home will be on the left. From Poplar and Mendenhall, travel north and turn right on Cole. This beautiful home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000

Tax Information:

  • Annual Amount: $14,380
  • 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

$190.4K

# of Sold Homes

409

5022 Cole Rd vs Memphis

66 DAYS ON ROCKET

$925,000

+$734.5K More

KEY TAKEAWAY

This property is $734.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10181067

Listing Office:

  • Office Name: Crye-Leike, Inc., 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: 11/17/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 05, 2021Home Sold
$770,000
Feb 03, 2010Home Sold
$645,500
Jul 31, 2006Home Sold
$390,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,380$198,625
2020$12,704$175,325
2019$12,704$175,325
2018$7,206$175,325
2017$8,205$175,325

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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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-511511
8
/10

  • White Station Elementary School

  • 4840 Chickasaw Rd

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-511512
8
/10

  • Richland Elementary School

  • 5440 Rich Rd

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-511513
7
/10

  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 1.95 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 $92,548. Most Memphis, TN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Memphis, TN.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

What is it like to live in Memphis, TN?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Is it easy to get around Memphis, TN without a car?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Transportation in Memphis, TN.

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 5022 Cole Rd

What is the listing price of this property?

The listing price of 5022 Cole Rd property is $925,000.

What type of property is this?

The property 5022 Cole Rd is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Active Listing: 5022 Cole Rd 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 $14,380 (source: MLS/based on county public records data).

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

The last sale was on May 5, 2021 for $770,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5022 Cole Rd has 5 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5022 Cole Rd is 2008.

Rocket Homes›Tennessee›Shelby County›Memphis›38117›5022 Cole Rd

This home is located at 5022 Cole Rd in Memphis, TN and zip code 38117. This home, which was built in 2008, sits on a 0.36 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $925,000.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

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