27 days on rocket

5488 Southwood Dr, Memphis, TN, 38120

$380,000

Home List Price

$4,513*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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5488 Southwood Dr, Memphis$380,000

Buyer Closing Credits

$4,513*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1956
HeatingCentral
CoolingCentral Air
FireplaceIn Living Room
ViewOther
MLS #10184018
Lot Size0.38 Acres
StatusActive

About 5488 Southwood Dr

Make your Midcentury Modern dreams come true with the huge windows, clean lines, pops of color, and open spaces! Not one detail goes untouched in this one-level, four bedroom, two bathroom home. The kitchen features elegant tile, bold cabinets, stainless steal appliances, and new lighting. The vaulted ceilings with wood beams, the refinished hardwood floors throughout, and a dreamy color palette set this home apart from the rest! Don't wait to make an appointment! This one won't last long.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Appliances: Range, Oven, Gas Range, Disposal, Dishwasher, Refrigerator
  • Flooring Type: Hardwood Throughout, Smooth Ceiling
  • Fireplace: In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Screen Porch

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading East on Walnut Grove, take a left on N. Oak Grove, and house is on the corner of N. Oak Grove and Southwood Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $380,000

Tax Information:

  • Annual Amount: $4,711
  • 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

5488 Southwood Dr vs Memphis

27 DAYS ON ROCKET

$380,000

+$189.5K More

KEY TAKEAWAY

This property is $189.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184018

Listing Office:

  • Office Name: Keller Williams

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: 11/22/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2014Home Sold
$115,717
Feb 08, 2001Home Sold
$164,864

Tax History

YEARPROP. TAXASSESSMENT
2021$4,711$65,075
2020$3,786$52,250
2019$3,786$52,250
2018$2,147$52,250
2017$1,975$52,250

History based on county public records data.

Payment Calculator

$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,206

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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-600484
8
/10

  • Richland Elementary School

  • 5440 Rich Rd

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-600485
8
/10

  • White Station Elementary School

  • 4840 Chickasaw Rd

  • 1.33 miles

  • Public District Grades PK-5

school-card-donut-600486
4
/10

  • Berclair Elementary School

  • 810 N Perkins Rd

  • 2.14 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 $92,368. Most Memphis, TN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5488 Southwood Dr

What is the listing price of this property?

The listing price of 5488 Southwood Dr property is $380,000.

What type of property is this?

The property 5488 Southwood Dr is a house located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 5488 Southwood 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 $4,711 (source: MLS/based on county public records data).

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

The last sale was on March 11, 2014 for $115,717. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5488 Southwood Dr has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 5488 Southwood Dr is 1956.

Rocket Homes›Tennessee›Shelby County›Memphis›38120›5488 Southwood Dr

This home is located at 5488 Southwood Dr in Memphis, TN and zip code 38120 in the Richland Acres neighborhood. This home, which was built in 1956, sits on a 0.38 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $380,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. 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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