23 days on rocket

5130 Locust Bend Rd, Memphis, TN, 38125

$520,000

Home List Price

$6,175*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
House
Schools Nearby

Location

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5130 Locust Bend Rd, Memphis$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener(s), Gated Parking, Garage
Year Built1988
HeatingCentral
CoolingCentral Air
FireplaceMasonry
MLS #10169656
Lot Size2.21 Acres
StatusActive

About 5130 Locust Bend Rd

You will love this family home located in SE Memphis with great amenities. Custom home boasts, large bedrooms, closets, tennis court, and is sitting on a little more than 2 acres. Property is great for a growing family, and is minutes from shopping, dining, entertainment. COUNTY TAXES ONLY!! Home has custom window treatments, and more. This lovely brick home won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Soft Contemporary
  • Year Built: 1988
  • Stories: 2

Listing Office:

  • Office Name: BEST Real Estate Company

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher, Refrigerator
  • Flooring Type: Part Carpet
  • Fireplace: Masonry

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Parking: Garage Door Opener(s), Gated Parking, Garage

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 2.21 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 exit 16 for TN-385 E/Bill Morris Pky toward Collierville Continue onto TN-385 E Take the Hacks Cross Rd exit Keep right at the fork, follow signs for South Hacks Cross Rd merge onto Hacks Cross Turn right onto E Holmes Rd Turn right onto Locust Bend

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000

Tax Information:

  • Annual Amount: $5,007
  • 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

5130 Locust Bend Rd vs Memphis

23 DAYS ON ROCKET

$520,000

+$324.3K More

KEY TAKEAWAY

This property is $324.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10169656

Listing Office:

  • Office Name: BEST Real Estate Company

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: 5/2/2024, 12:15:20 PM 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$5,007$123,625
2020$3,189$78,750
2019$3,189$78,750
2018$3,237$78,750
2017$3,461$78,750

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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-4797051
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 14.13 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 $67,322. Most Memphis, TN residents have annual incomes between $35k-100k. Residents typically live in married, with 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 5130 Locust Bend Rd

What is the listing price of this property?

The listing price of 5130 Locust Bend Rd property is $520,000.

What type of property is this?

The property 5130 Locust Bend Rd is a house located in Memphis, Tennessee, 38125.

Is this property for sale now?

Active Listing: 5130 Locust Bend Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5130 Locust Bend Rd 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 $5,007 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5130 Locust Bend Rd has 4 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5130 Locust Bend Rd is 1988.

Rocket Homes›Tennessee›Shelby County›Memphis›38125›5130 Locust Bend Rd

This home is located at 5130 Locust Bend Rd in Memphis, TN and zip code 38125 in the Irene neighborhood. This home, which was built in 1988, sits on a 2.21 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $520,000.

While more than 75 listings in Memphis, TN in April 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 272 were sold below. In April 2024 in Memphis, TN there were 13.1% more homes for sale than in March 2024.

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

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