2 months on rocket

5541 Crepe Myrtle Dr, Memphis, TN, 38115

$134,000

Home List Price

$1,591*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse

Location

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5541 Crepe Myrtle Dr, Memphis$134,000

Buyer Closing Credits

$1,591*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad
Year Built1986
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceIn Living Room
MLS #10182423
Lot Size0.07 Acres
StatusActive

About 5541 Crepe Myrtle Dr

Explore the charm of this cozy 2bed/1.5bath townhome with 1320 sqft featuring a robust build & very ideal for budget-savvy buyers. Enjoy easy financing with just a down payment and no credit check! Perfect for making your homeownership dreams a reality with no bank involved! SELLER FINANCING ONLY! Owner is offering seller financing for those that are unable to obtain traditional financing so bring your offer today! VIDEO & VIRTUAL TOUR AVAILABLE UPON REQUEST!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1986
  • Stories: 2

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Washer
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile
  • Interior: Pull Down Attic Stairs, Attic Access
  • Fireplace: In Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Patio, Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Virtual/3D Tour

  • Virtual Tour: 5541 Crepe Myrtle Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head N on S Mendenhall Rd, Take A Right Onto Flowering Peach Dr, Then Take A Left And Follow Onto Clarke Rd And Head N. Take A Left Onto Tulip Tree Dr & A Left Onto Wax Myrtle Dr And Follow South & Around Onto Crepe Myrtle Dr Its The 3rd Unit From The End

Price Information

Listing Price Info

Price Summary:

  • List Price: $134,000

Tax Information:

  • Annual Amount: $1,086
  • 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

$183K

# of Sold Homes

362

5541 Crepe Myrtle Dr vs Memphis

76 DAYS ON ROCKET

$134,000

-$49K Less

KEY TAKEAWAY

This property is $49K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10182423

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: 12/18/2024, 3:20:51 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

Nov 14, 2019Home Sold
$60,000
May 18, 2005Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,086$15,000
2020$902$12,450
2019$902$12,450
2018$512$12,450
2017$524$12,450

History based on county public records data.

Payment Calculator

$736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$468

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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-4352950
5
/10

  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.47 miles

  • Public Charter Grades KG-5

school-card-donut-4352951
6
/10

  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-4352952
7
/10

  • Hickory Ridge Elementary School

  • 3890 Hickory Hill Rd

  • 0.85 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 $41,563. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, with kids. Most residents in this area 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 5541 Crepe Myrtle Dr

What is the listing price of this property?

The listing price of 5541 Crepe Myrtle Dr property is $134,000.

What type of property is this?

The property 5541 Crepe Myrtle Dr is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 5541 Crepe Myrtle 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 $1,086 (source: MLS/based on county public records data).

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

The last sale was on November 14, 2019 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5541 Crepe Myrtle Dr has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5541 Crepe Myrtle Dr is 1986.

Rocket Homes›Tennessee›Shelby County›Memphis›38115›5541 Crepe Myrtle Dr

This home is located at 5541 Crepe Myrtle Dr in Memphis, TN and zip code 38115. This home, which was built in 1986, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $134,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

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

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