Welcome to 5272 Water Point Dr., a charming 4- bedroom, 2 bath home perfect for a growing family! This home offers a functional layout with a cozy fireplace in the living room, a formal dining room for special gatherings, and an additional breakfast nook for casual meals, and a dedicated laundry room for added convivence. The property includes a 2-car garage, ensuring plenty of parking and storage space. While the home does need new carpet and some hard surface flooring repairs, it's an excellent opportunity to personalize and make it your own. Located in a desirable neighborhood close to schools, shopping, and dining, this property also boasts a spacious backyard, ideal for outdoor activities and entertaining. Don't miss out on the chance to turn this house into your dream home. Schedule your showing today!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1995
Stories: 1
Listing Office:
Office Name: Foundation Property Management
Interior Features
Interior Information:
Flooring Type: Part Carpet
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Exterior: Porch
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Continue to Macon Rd 9 sec (69 ft) ? Take N Germantown Pkwy, S Germantown Rd and Riverdale Rd to Water Point Dr 27 min (12.4 mi) Turn left onto Water Point Dr ? Destination will be on the left ? 19 sec (0.1 mi)
Price Information
Listing Price Info
Price Summary:
List Price: $260,000
Tax Information:
Annual Amount: $1,810
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,365
Per Month
Principal & Interest
$1,298
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$846
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Ross Elementary School
4890 Ross Rd
Distance between this listing and this school0.79 miles
Public District Grades PK-5
5
/10
Highland Oaks Elementary School
5252 Annandale Dr
Distance between this listing and this school1.12 miles
Public District Grades PK-5
3
/10
Memphis Business Academy Hickory Hill Elementary School
4443 S Germantown Rd
Distance between this listing and this school1.70 miles
Public Charter Grades PK-2
Nearby Schools
4
/10
Highland Oaks Middle School
5600 Meadowbriar Trl
Distance between this listing and this school1.45 miles
Public District Grades 6-8
4
/10
Memphis Business Academy Hickory Hill Middle School
4443 S Germantown Rd
Distance between this listing and this school1.70 miles
Public Charter Grades 6-8
3
/10
Kirby Middle School (ASD)
6670 E Raines Rd
Distance between this listing and this school2.22 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Southwind High School
7900 E Shelby Dr
Distance between this listing and this school2.32 miles
Public District Grades 9-12
2
/10
Kirby High School
4080 Kirby Pkwy
Distance between this listing and this school2.39 miles
Public District Grades 9-12
8
/10
Olive Branch High School
9366 E Sandidge Rd
Distance between this listing and this school3.85 miles
The neighbors living near this home have an average income of $64,459. Most Memphis, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area 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 5272 Water Point Dr
What is the listing price of this property?
The listing price of 5272 Water Point Dr property is $260,000.
What type of property is this?
The property 5272 Water Point Dr is a house located in Memphis, Tennessee, 38141.
Is this property for sale now?
Active Listing: 5272 Water Point 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 $1,810 (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 22, 2020 for $189,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5272 Water Point Dr has 4 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 5272 Water Point Dr is 1995.
This home is located at 5272 Water Point Dr in Memphis, TN and zip code 38141. This home, which was built in 1995, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $260,000.
In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. 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.