3 months on rocket

5263 Flowering Peach Dr, Memphis, TN, 38115

$35,500

Home List Price

$422*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
House

Location

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5263 Flowering Peach Dr, Memphis$35,500

Buyer Closing Credits

$422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #10177300
StatusActive

About 5263 Flowering Peach Dr

Exceptional Rental Opportunity! Discover a fantastic investment opportunity with this charming rental property located at 5263 Flowering Peach Dr. Featuring a spacious layout, and a welcoming neighborhood, this home is perfect for attracting long-term tenants or a place of your own

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Stories: 2

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn to Flowering Peach Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,500

Tax Information:

  • Annual Amount: $310
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

5263 Flowering Peach Dr vs Memphis

118 DAYS ON ROCKET

$35,500

-$154.9K Less

KEY TAKEAWAY

This property is $154.9K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10177300

Listing Office:

  • Office Name: eXp Realty, LLC

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: 11/14/2024, 11:55:49 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$310$4,275
2020$204$2,825
2019$204$2,825
2018$116$2,825
2017$151$2,825

History based on county public records data.

Payment Calculator

$245

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$173

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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-355149
5
/10
  • Cromwell Elementary School

  • 4989 Cromwell Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-355150
5
/10
  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.57 miles

  • Public Charter Grades KG-5

school-card-donut-355151
6
/10
  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.80 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,516. Most Memphis, TN residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma 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 5263 Flowering Peach Dr

What is the listing price of this property?

The listing price of 5263 Flowering Peach Dr property is $35,500.

What type of property is this?

The property 5263 Flowering Peach Dr is a house located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 5263 Flowering Peach Dr 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 $310 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5263 Flowering Peach Dr has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5263 Flowering Peach Dr is 1973.

Rocket HomesTennesseeShelby CountyMemphis381155263 Flowering Peach Dr

This home is located at 5263 Flowering Peach Dr in Memphis, TN and zip code 38115. This home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $35,500.

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. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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