12 days on rocket

5578 Blossom Ln, Memphis, TN, 38115

$115,000

Home List Price

$1,366*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse

Location

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5578 Blossom Ln, Memphis$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad
Year Built1985
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceMasonry
MLS #10186268
Lot Size0.07 Acres
StatusActive

About 5578 Blossom Ln

This beautifully renovated home is ready to welcome its next owner! Featuring 2 bedrooms and 1.5 bathrooms, this property is an excellent choice for a starter home or an investment opportunity. The spacious fenced backyard includes a convenient storage room, while the interior boasts a comfortable living and dining area, fireplace, a practical kitchen with ample cabinet space, and two generously sized bedrooms. The layout includes a full bathroom upstairs and a handy half-bath on the main level. Step outside to enjoy a private patio, perfect for relaxing or entertaining, with additional storage space available. Nestled in a sought-after Memphis neighborhood, this home is just minutes away from shopping, dining, and easy access to major highways. (Owner Agent).

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1985
  • Stories: 2

Listing Office:

  • Office Name: 4 Success Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Part Carpet, Vinyl/Luxury Vinyl Floor
  • Interior: Pull Down Attic Stairs, Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Fireplace: Masonry

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Patio, Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From winchester go south on clark street. Make a right on Tulip Tree then a left on Wax Myrtle. Then a right on Blossom Ln. The property is in on the right side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000

Tax Information:

  • Annual Amount: $1,082
  • 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

5578 Blossom Ln vs Memphis

12 DAYS ON ROCKET

$115,000

-$68K Less

KEY TAKEAWAY

This property is $68K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186268

Listing Office:

  • Office Name: 4 Success 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: 12/17/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 2018Home Sold
$41,000
Nov 16, 2011Home Sold
$49,000
Nov 07, 2011Home Sold
$33,000
Nov 07, 2011Home Sold
$29,325
Sep 11, 2008Home Sold
$29,000
Mar 14, 2007Home Sold
$72,000
Jul 21, 1999Home Sold
$66,300
Jan 05, 1999Home Sold
$287,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,082$14,950
2020$945$13,050
2019$945$13,050
2018$536$13,050
2017$550$13,050

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-4271941
6
/10

  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-4271942
5
/10

  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.44 miles

  • Public Charter Grades KG-5

school-card-donut-4271943
7
/10

  • Hickory Ridge Elementary School

  • 3890 Hickory Hill Rd

  • 0.82 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. Most Memphis, TN residents have annual incomes between $35k-100k. The most common type of family is single, with kids. The majority of 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 5578 Blossom Ln

What is the listing price of this property?

The listing price of 5578 Blossom Ln property is $115,000.

What type of property is this?

The property 5578 Blossom Ln is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 5578 Blossom Ln 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 $1,082 (source: MLS/based on county public records data).

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

The last sale was on December 18, 2018 for $41,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5578 Blossom Ln has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5578 Blossom Ln is 1985.

Rocket Homes›Tennessee›Shelby County›Memphis›38115›5578 Blossom Ln

This home is located at 5578 Blossom Ln in Memphis, TN and zip code 38115. This home, which was built in 1985, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $115,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. The number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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