5324 Bannock St, Memphis, TN, 38116

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5324 Bannock St, Memphis$245,000

Buyer Closing Credits

$2,909^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1967

HeatingCentral

CoolingCentral Air, Ceiling Fan(s)

BasementYes

FireplaceMasonry, In Den/Great Room

ViewOther

MLS #10187072

Lot Size0.24 Acres

StatusActive

About 5324 Bannock St

This meticulously renovated traditional ranch home offers 4 bedrooms and 2 bathrooms within 2,201 square feet of living space. Situated on a 0.24-acre lot in the desirable Richmond Colony neighborhood, this property boasts a spacious side yard with ample parking, fenced backyard, and brick exterior. Inside, you'll find all bedrooms conveniently located on the ground level, a separate living room, dining room and den, and a combination of part carpet flooring and refinished hardwood floors. Recent updates include new carpet, fresh paint throughout, and updated lighting. The home features central heating and air conditioning, brick veneer exterior, and wrought iron security doors. This home qualifies for 100% financing.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional, Ranch
• Year Built: 1967
• Stories: 1

Listing Office:

• Office Name: MLE Realty, LLC

Interior Features

Interior Information:

• Basement: Yes
• Flooring Type: Part Hardwood, Part Carpet, Tile
• Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Smoke Detector(s)
• Fireplace: Masonry, In Den/Great Room

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• View: Other
• Exterior: Porch, Patio, Wood Fence

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Level, Landscaped, Fencing
• Lot Size: 0.24 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: From Millbranch, West on E Holmes Rd, turn left onto Cresser St, turn right on Hickory Ridge Dr, turn left onto Bannock St.

Price Information

Listing Price Info

Price Summary:

• List Price: $245,000

Tax Information:

• Annual Amount: $2,434
• Tax Year: 2021

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Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

5324 Bannock St vs Memphis

9 DAYS ON ROCKET

-58 Days

$245,000

+$54.4K More

KEY TAKEAWAY

This property is $54.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

• MLS Number: #10187072

Listing Office:

• Office Name: MLE Realty, LLC

Copyright© 2025 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: 1/2/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 12, 2015	Nov 12, 2015Home Sold	$88,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,434	$33,625
2020	$1,864	$25,725
2019	$1,864	$25,725
2018	$1,057	$25,725
2017	$1,167	$25,725

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38116›5324 Bannock St

This home is located at 5324 Bannock St in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. This home, which was built in 1967, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $245,000.

Over 61 listings were sold over their listed price in December 2024 in Memphis, TN. In the same period over 237 listings were sold below the listed price and 97 listings were sold for the listed price. In December 2024 in Memphis, TN there were 1.5% more homes for sale than in November 2024. In December 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $190,593.

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