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Backup Offers

2857 Old Elm Ln, Germantown, TN, 38138

$650,000

Home List Price

$7,719*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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2857 Old Elm Ln, Germantown$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage, Garage
Year Built1980
HeatingCentral, Natural Gas, Dual System
CoolingCentral Air, Ceiling Fan(s), Dual, Other
BasementYes
MLS #10170892
Lot Size0.37 Acres
StatusAccepting Backup Offers
(Contingent)

About 2857 Old Elm Ln

So much CHARM! 4BR/2.5BA, plus a large bonus room as well as a sewing/craft room off laundry. LOADS of millwork. Tongue and groove ceilings down. Large covered patio w/kitchen and fireplace surrounded by extensive professional landscaping/hardscaping. Irrigation system. Private balcony w/hot tub off primary bedroom. New 50 year roof in 2021 with all new decking. 2nd hidden staircase with chairlift.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1980
  • Stories: 2

Listing Office:

  • Office Name: Real Estate Agency

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Sprayed Ceiling, 9 or more Ft. Ceiling

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch, Covered Patio

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Fencing
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Dual System
  • Cooling: Central Air, Ceiling Fan(s), Dual, Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Hacks Cross go east on Poplar Pike and then right on Old Elm. House will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $6,206
  • Tax Year: 2021
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Housing Market Comparison

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

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Germantown, TN

City

Med. Sold Price

$495.7K

Med. Price/SqFt

$135

# of Sold Homes

47

2857 Old Elm Ln vs Germantown

12 DAYS ON ROCKET

$650,000

+$154.2K More

KEY TAKEAWAY

This property is $154.2K more than the Median Sold Price in Germantown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10170892

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: 5/7/2024, 12:20:35 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

Apr 25, 2019Home Sold
$449,900
Apr 11, 2012Home Sold
$298,515
Apr 11, 2012Home Sold
$299,000
Dec 22, 2004Home Sold
$317,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,206$119,350
2020$3,568$88,100
2019$3,568$88,100
2018$3,621$88,100
2017$3,345$88,100

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-7549254
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 11.56 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 $141,994. Typical income of Germantown, TN residents is between $100k-200k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2857 Old Elm Ln

What is the listing price of this property?

The listing price of 2857 Old Elm Ln property is $650,000.

What type of property is this?

The property 2857 Old Elm Ln is a house located in Germantown, Tennessee, 38138.

Is this property for sale now?

Accepting Backup Offers: 2857 Old Elm Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2857 Old Elm 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 $6,206 (source: MLS/based on county public records data).

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

The last sale was on April 25, 2019 for $449,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2857 Old Elm Ln has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 2857 Old Elm Ln is 1980.

Rocket Homes›Tennessee›Shelby County›Germantown›38138›2857 Old Elm Ln

This home is located at 2857 Old Elm Ln in Germantown, TN and zip code 38138 in the Cedar Lake neighborhood. This home, which was built in 1980, sits on a 0.37 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $650,000.

In April 2024, from all listings sold in Germantown, TN there were more than 9 sold above asking price, over 26 sold below and more than 12 were sold right at the asked price. The number of listings in Germantown, TN increased by 17.6% between March 2024 and April 2024.

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

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