ParkingDriveway/Pad, Storage Room(s), Other (See REMARKS), Carport
Year Built1954
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
ViewOther
MLS #10168039
Lot Size0.45 Acres
StatusAccepting Backup Offers (Contingent)
About 5021 Normandy Ln
Stunning ranch style home on a corner lot in East Memphis. Hardwood Floors throughout. Lots of magnificent windows to bring in the light and add to the open feel. Separate formal dining room. Renovated kitchen with granite counters a and updated cabinets. Appliances include stainless steel appliances including gas range, refrigerator, dishwasher and built-in microwave. Freshly painted interior. Marvelous deck and spacious fenced backyard for entertaining. Attached 2 space carport and much more!
Parking: Driveway/Pad, Storage Room(s), Other (See REMARKS), Carport
Lot Features
Lot Information:
Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
Lot Size: 0.45 Acres
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Central Air, Ceiling Fan(s)
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: Fantastic home located in the heart of East Memphis. West on Walnut Grove from White Station. Turn right onto Fernway. Home is on the corner of Fernway and Normandy. Or, North on Mendenhall from Walnut Grove. Right on Normandy Ln. Home is on the right
Price Information
Listing Price Info
Price Summary:
List Price: $335,000
Tax Information:
Annual Amount: $5,106
Tax Year: 2021
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,739
Per Month
Principal & Interest
$1,672
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,071
Powered By
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.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school4.08 miles
Public District Grades 6-12
Nearby Schools
8
/10
White Station Elementary School
4840 Chickasaw Rd
Distance between this listing and this school0.56 miles
Public District Grades PK-5
8
/10
Richland Elementary School
5440 Rich Rd
Distance between this listing and this school0.83 miles
Public District Grades PK-5
5
/10
Shady Grove Elementary School
5360 Shady Grove Rd
Distance between this listing and this school0.92 miles
Public District Grades PK-5
Nearby Schools
8
/10
White Station Middle School
5465 Mason Rd
Distance between this listing and this school0.91 miles
Public Magnet Grades 6-8
4
/10
Colonial Middle School
1370 Colonial Rd
Distance between this listing and this school2.72 miles
Public Magnet Grades 6-8
2
/10
Kingsbury Middle School
1270 N Graham St
Distance between this listing and this school2.83 miles
Public District Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school4.08 miles
Public District Grades 6-12
Nearby Schools
8
/10
White Station High School
514 S Perkins Rd
Distance between this listing and this school1.21 miles
Public Magnet Grades 9-12
2
/10
Kingsbury High School
1270 N Graham St
Distance between this listing and this school2.83 miles
The neighbors living near this home have an average income of $92,368. Residents of Memphis, TN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5021 Normandy Ln
What is the listing price of this property?
The listing price of 5021 Normandy Ln property is $335,000.
What type of property is this?
The property 5021 Normandy Ln is a house located in Memphis, Tennessee, 38117.
Is this property for sale now?
Accepting Backup Offers: 5021 Normandy 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 5021 Normandy 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 $5,106 (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 20, 2020 for $279,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5021 Normandy Ln has 3 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 5021 Normandy Ln is 1954.
This home is located at 5021 Normandy Ln in Memphis, TN and zip code 38117. This home, which was built in 1954, sits on a 0.45 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $335,000.
While more than 82 listings in Memphis, TN in March 2024 were sold above asking price, there were more than 107 listings sold at asking price, and more than 199 were sold below. The number of listings in Memphis, TN increased by 16% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.