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5557 Sycamore Grove Ln, Memphis, TN, 38120

$475,000

Home List Price

$5,641*

Closing Credit

5 Bedrooms
4 Full Baths
House

Location

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5557 Sycamore Grove Ln, Memphis$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #10176360
Lot Size0.60 Acres
StatusActive

About 5557 Sycamore Grove Ln

Perfect location in Memphis 38120 zip code, very near Shady Grove and Yates in Green Glade subdivision/White Station school district. Less than 10 minutes' drive to 6 private schools and walking distance to 2 large synagogues. 20 min drive to downtown Memphis and very close to Baptist-East hospital complex. Spacious two-story home with beautiful hardwood floors throughout: 5 large bedrooms, 4 full baths and 2 walk-in attics. Park-like setting in large fenced and private back yard with pool.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Fencing
  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Head 240 E towards Nashville, Take Exit 15A-US 72, Keep left on Poplar Ave, Keep right onto US-72 West , Turn righto onto S Yates Rd, Turn left onto Sycamore Lane, Destination is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $8,474
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$210.3K

Med. Price/SqFt

$117

Avg. Days On Market

250

# of Sold Homes

188

5557 Sycamore Grove Ln vs Memphis

103 DAYS ON ROCKET

-147 Days

$475,000

+$264.6K More

KEY TAKEAWAY

This property is $264.6K more than the Median List Price in Memphis, TN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10176360

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: 10/17/2024, 11:20:48 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$8,474$117,050
2020$7,568$104,450
2019$7,568$104,450
2018$4,293$104,450
2017$4,068$104,450

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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.

High School

school-card-donut-601088
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.17 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $126,014. The most common annual income of people living in Memphis, TN is $200k+. Typical family type is married, no kids. The majority of 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 5557 Sycamore Grove Ln

What is the listing price of this property?

The listing price of 5557 Sycamore Grove Ln property is $475,000.

What type of property is this?

The property 5557 Sycamore Grove Ln is a house located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 5557 Sycamore Grove Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5557 Sycamore Grove Ln are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,474 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5557 Sycamore Grove Ln has 5 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 5557 Sycamore Grove Ln is 1960.

Rocket Homes›Tennessee›Shelby County›Memphis›38120›5557 Sycamore Grove Ln

This home is located at 5557 Sycamore Grove Ln in Memphis, TN and zip code 38120. This home, which was built in 1960, sits on a 0.60 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 06, 2024 and is currently priced at $475,000.

The number of listings in Memphis, TN increased by 54.3% between August 2024 and September 2024. In September 2024 median list price was $210,336 and the average listing age was 250 days.

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

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