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7497 Burnstown Ln, Memphis, TN, 38133

$185,000

Home List Price

$2,197*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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7497 Burnstown Ln, Memphis$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s)
Year Built1988
HeatingCentral
CoolingCentral Air
MLS #10186241
Lot Size0.27 Acres
StatusActive

About 7497 Burnstown Ln

**BACK ON THE MARKET, DUE TO NO FAULT OF THE SELLER!!**Stop your scroll! Great rental opportunity for the savvy investor OR amazing starter home for the first time buyer! This 3 bedroom, 2 full bath home with separate dining room and large living room is sure to check all your boxes. This home offers everything on one level, a galley kitchen with attached washer/dryer space, a back patio that overlooks the partially fenced in yard, and a large storage room off the carport. The primary bedroom has an en-suite bath and a large walk in closet. All this located on a cove lot in a very "central" Memphis area. Be on the interstate in less than 5 minutes or to your dinner reservations in Barlett in less than 10. Be sure to put this cutie pie on your must see list!!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Dream Maker Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Tile, Textured Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Storage

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s)

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Appling, take a right on Pate, left onto Burnstown Lane. Home is at the end of the cove.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000

Tax Information:

  • Annual Amount: $2,786
  • 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

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

7497 Burnstown Ln vs Memphis

32 DAYS ON ROCKET

-35 Days

$185,000

-$5.5K Less

KEY TAKEAWAY

This property is $5.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #10186241

Listing Office:

  • Office Name: Dream Maker Realty, LLC

Copyright© 2025 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: 1/6/2025, 9:20:51 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$2,786$38,475
2020$1,894$26,150
2019$1,894$26,150
2018$1,075$26,150
2017$1,118$26,150

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-751307
5
/10

  • Kate Bond Elementary School

  • 2727 Kate Bond Rd

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-751308
3
/10

  • Dexter Elementary School

  • 7105 Dexter Rd

  • 1.77 miles

  • Public District Grades PK-5

school-card-donut-751309
5
/10

  • Chimneyrock Elementary School

  • 8601 Chimneyrock Blvd

  • 2.30 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 $72,843. The most common annual income of people living in Memphis, TN is between $35k-100k. Typical family type is married, with kids. Most 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Memphis, TN convenient?

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.

How do Memphis, TN residents get around?

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 7497 Burnstown Ln

What is the listing price of this property?

The listing price of 7497 Burnstown Ln property is $185,000.

What type of property is this?

The property 7497 Burnstown Ln is a house located in Memphis, Tennessee, 38133.

Is this property for sale now?

Active Listing: 7497 Burnstown 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 $2,786 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7497 Burnstown Ln has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 7497 Burnstown Ln is 1988.

Rocket Homes›Tennessee›Shelby County›Memphis›38133›7497 Burnstown Ln

This home is located at 7497 Burnstown Ln in Memphis, TN and zip code 38133. This home, which was built in 1988, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $185,000.

While more than 61 listings in Memphis, TN in December 2024 were sold above asking price, there were more than 97 listings sold at asking price, and more than 237 were sold below. Between November 2024 and December 2024, Memphis, TN real estate market has seen increase in the number of listings by 1.5%. In December 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $190,593.

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

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