new - 1 day on rocket

7503 Burnstown Ln, Memphis, TN, 38133

$200,000

Home List Price

$2,375*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7503 Burnstown Ln, Memphis$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingFront-Load Garage
Year Built1989
HeatingCentral
CoolingCentral Air
MLS #10185486
Lot Size0.18 Acres
StatusActive

About 7503 Burnstown Ln

Calling all investors! House had previous plumbing issues, but all interior issues were resolved and it's 90% new inside! Larger 4 bedroom 2.5 bath home in the heart of Memphis, located close to the interstate and all entertainment/shopping needs. New flooring, kitchen cabinets, sheetrock, paint, etc. Don't hesitate to book a showing to see this home TODAY!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Colonial
  • Year Built: 1989
  • Stories: 2

Listing Office:

  • Office Name: Dream Maker Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Front-Load Garage

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Right onto Pate, Right onto Burnstown Lane. House is down in the cove on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000

Tax Information:

  • Annual Amount: $2,572
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

7503 Burnstown Ln vs Memphis

1 DAY ON ROCKET

$200,000

+$9.5K More

KEY TAKEAWAY

This property is $9.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185486

Listing Office:

  • Office Name: Dream Maker 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: 11/21/2024, 3:20:48 AM 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$2,572$35,525
2020$1,974$27,250
2019$1,974$27,250
2018$1,120$27,250
2017$1,162$27,250

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-167103
5
/10

  • Kate Bond Elementary School

  • 2727 Kate Bond Rd

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-167104
3
/10

  • Dexter Elementary School

  • 7105 Dexter Rd

  • 1.76 miles

  • Public District Grades PK-5

school-card-donut-167105
5
/10

  • Chimneyrock Elementary School

  • 8601 Chimneyrock Blvd

  • 2.28 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 majority of Memphis, TN residents have income between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

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 7503 Burnstown Ln

What is the listing price of this property?

The listing price of 7503 Burnstown Ln property is $200,000.

What type of property is this?

The property 7503 Burnstown Ln is a house located in Memphis, Tennessee, 38133.

Is this property for sale now?

Active Listing: 7503 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 $2,572 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7503 Burnstown Ln has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 7503 Burnstown Ln is 1989.

Rocket Homes›Tennessee›Shelby County›Memphis›38133›7503 Burnstown Ln

This home is located at 7503 Burnstown Ln in Memphis, TN and zip code 38133. This home, which was built in 1989, sits on a 0.18 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $200,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

More Resources