7311 Peppermill Ln E, Memphis, TN, 38125

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

7311 Peppermill Ln E, Memphis$250,000

Buyer Closing Credits

$2,969^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Garage Door Opener(s), Front-Load Garage, Garage

Year Built1988

HeatingCentral

CoolingCentral Air, Ceiling Fan(s)

BasementYes

FireplaceMasonry, In Den/Great Room

MLS #10184446

Lot Size0.18 Acres

StatusActive

About 7311 Peppermill Ln E

Welcome home to this well-maintained, 3 bedroom home in a conveniently located and desirable area. As you step inside you'll find a large great room featuring a cozy brick fireplace, perfect for gatherings and relaxation. Spacious kitchen with plenty of counter space, and also accommodates eat-in dining. As you move down the hallway, discover three generously sized bedrooms. The primary suite boasts an ensuite bathroom with separate garden tub and shower, providing a private retreat. Spacious backyard with plenty of privacy makes a great place for entertaining. Don't miss your chance to make this home yours!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1988
• Stories: 1

Listing Office:

• Office Name: Keller Williams Rlty Nashville

Interior Features

Interior Information:

• Appliances: Range, Oven, Dishwasher, Refrigerator
• Basement: Yes
• Flooring Type: Wall to Wall Carpet, Tile
• Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
• Fireplace: Masonry, In Den/Great Room

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Porch, Covered Patio, Wood Fence, Sidewalks

Parking Information:

• Parking: Driveway/Pad, Garage Door Opener(s), Front-Load Garage, Garage

Lot Features

Lot Information:

• Lot: Few Trees, Level, Fencing
• Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: I-240 E toward Airport/Nashville. 385 E toward Bill Morris Pkwy/Collierville. Exit onto (N) Riverdale Rd. Turn left (e) onto Riverdale Bend Dr. straight onto S Germantown Rd. left (E) onto Peppermill Ln the home will be on your right

Price Information

Listing Price Info

Price Summary:

• List Price: $250,000

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

7311 Peppermill Ln E vs Memphis

15 DAYS ON ROCKET

$250,000

+$59.5K More

KEY TAKEAWAY

This property is $59.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

• MLS Number: #10184446

Listing Office:

• Office Name: Keller Williams Rlty Nashville

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: 11/17/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,315

Per Month

Principal & Interest

$1,248

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38125›7311 Peppermill Ln E

This home is located at 7311 Peppermill Ln E in Memphis, TN and zip code 38125 in the Richwood neighborhood. This home, which was built in 1988, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $250,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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