12 days on rocket

5581 Blossom Ln, Memphis, TN, 38115

$115,000

Home List Price

$1,366*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse
Schools Nearby

Location

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5581 Blossom Ln, Memphis$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad, Storage Room(s)
Year Built1985
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceIn Den/Great Room
MLS #10172134
Lot Size0.06 Acres
StatusActive

About 5581 Blossom Ln

Currently Tenant Occupied for $1100~Do Not Disturb Tenants~Write Offer Contingent on Showing/Inspection~Tenant Has Approximately 8 Months Remaining on Current Lease

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Real Estate Agency

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Part Carpet, Vinyl/Luxury Vinyl Floor
  • Fireplace: In Den/Great Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 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: West on Winchester Rd~Left on Clarke Rd~Right on Tulip Tree~Left on Wax Myltle~Right on Blossom Ln~Home on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000

Tax Information:

  • Annual Amount: $1,073
  • 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

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

5581 Blossom Ln vs Memphis

12 DAYS ON ROCKET

$115,000

-$80.6K Less

KEY TAKEAWAY

This property is $80.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10172134

Listing Office:

  • Office Name: Real Estate Agency

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: 5/23/2024, 1:20:35 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

Jul 18, 2011Home Sold
$24,000
Apr 27, 2011Home Sold
$24,000
Apr 27, 2011Home Sold
$33,800
Jun 02, 2010Home Sold
$17,500
Aug 15, 2005Home Sold
$32,000
Jul 12, 2002Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,073$14,825
2020$938$12,950
2019$938$12,950
2018$532$12,950
2017$545$12,950

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.

High School

school-card-donut-634443
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 9.83 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,563. The most common annual income of people living in Memphis, TN is between $35k-100k. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5581 Blossom Ln

What is the listing price of this property?

The listing price of 5581 Blossom Ln property is $115,000.

What type of property is this?

The property 5581 Blossom Ln is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 5581 Blossom 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 5581 Blossom 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 $1,073 (source: MLS/based on county public records data).

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

The last sale was on July 18, 2011 for $24,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5581 Blossom Ln has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5581 Blossom Ln is 1985.

Rocket Homes›Tennessee›Shelby County›Memphis›38115›5581 Blossom Ln

This home is located at 5581 Blossom Ln in Memphis, TN and zip code 38115. This home, which was built in 1985, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $115,000.

In April 2024 more than 75 listings in Memphis, TN were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 272 were sold below. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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