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5115 Gloucester Ave, Memphis, TN, 38135

$179,000

Home List Price

$2,126*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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5115 Gloucester Ave, Memphis$179,000

Buyer Closing Credits

$2,126*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Carport
Year Built1973
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceIn Den/Great Room, Gas Logs
MLS #10153048
Lot Size0.24 Acres
StatusAccepting Backup Offers
(Contingent)

About 5115 Gloucester Ave

Great Investor Opportunity. 3 Bedrooms/2 Baths. Tenant Lease to 04/30/24 at $1175/month.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Stories: 1

Listing Office:

  • Office Name: Weichert REALTOR-SPM

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other (See REMARKS)
  • Fireplace: In Den/Great Room, Gas Logs

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Porch, Patio, Covered Patio

Parking Information:

  • Parking: Driveway/Pad, Carport

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.24 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: Take Covington Pike off of Yale and turn right on Gloucester.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,000

Tax Information:

  • Annual Amount: $2,313
  • 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

5115 Gloucester Ave vs Memphis

292 DAYS ON ROCKET

$179,000

-$16.6K Less

KEY TAKEAWAY

This property is $16.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10153048

Listing Office:

  • Office Name: Weichert REALTOR-SPM

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: 5/14/2024, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2017Home Sold
$132,675
Feb 21, 2017Home Sold
$132,675
Jan 19, 2017Home Sold
$122,000
Aug 08, 2016Home Sold
$79,000
May 23, 2016Home Sold
$50,000
Aug 05, 2013Home Sold
$72,682
Jul 09, 2004Home Sold
$66,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,313$31,950
2020$1,646$22,725
2019$1,646$22,725
2018$934$22,725
2017$812$22,725

History based on county public records data.

Payment Calculator

$961

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$603

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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-307093
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 3.91 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 $50,426. Residents of Memphis, TN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5115 Gloucester Ave

What is the listing price of this property?

The listing price of 5115 Gloucester Ave property is $179,000.

What type of property is this?

The property 5115 Gloucester Ave is a house located in Memphis, Tennessee, 38135.

Is this property for sale now?

Accepting Backup Offers: 5115 Gloucester Ave 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 5115 Gloucester Ave 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 $2,313 (source: MLS/based on county public records data).

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

The last sale was on March 20, 2017 for $132,675. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gloucester Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 5115 Gloucester Ave is 1973.

Rocket Homes›Tennessee›Shelby County›Memphis›38135›5115 Gloucester Ave

This home is located at 5115 Gloucester Ave in Memphis, TN and zip code 38135 in the Raleigh neighborhood. This home, which was built in 1973, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2023 and is currently priced at $179,000.

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. The number of listings in Memphis, TN increased by 13.1% between March 2024 and April 2024.

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

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