5259 Switchgrass Cv, Lakeland, TN, 38002

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

5259 Switchgrass Cv, Lakeland$589,000

Buyer Closing Credits

$6,994^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Workshop(s), Garage Door Opener(s), Side-Load Garage, Garage

Year Built2008

HeatingNatural Gas, Dual System

CoolingCentral Air, Dual

BasementYes

FireplacePrefabricated, Ventless Gas Fireplace, In Den/Great Room

MLS #10166944

Lot Size0.55 Acres

StatusActive

About 5259 Switchgrass Cv

Beautiful and spacious home on over a half acre lot. Freshly painted, 3624 Square Feet, two bedrooms down, huge game room with adjoining office upstairs. Nice kitchen that opens to large and cozy hearth room. The downstairs also has a den and dining room. Front door has double Tuscan iron doors and and back has single Iron door. Separate workshop/garage with built in cabinets. Winstead Farms has a community pool, lake and walking trails. Convenient to great Lakeland Schools. Move in Ready

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 2008
• Stories: 1

Listing Office:

• Office Name: Groome & Co.

Interior Features

Interior Information:

• Appliances: Double Oven, Gas Range, Disposal, Dishwasher, Microwave
• Basement: Yes
• Flooring Type: Hardwood Throughout, Wall to Wall Carpet, Smooth Ceiling
• Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Patio

Parking Information:

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

Lot Features

Lot Information:

• Lot: Few Trees, Level, Landscaped
• Lot Size: 0.55 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Dual System
• Cooling: Central Air, Dual

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: Go north on Adagio from Hwy 70, right on Quaking and then left on Switchgrass Cove.

Price Information

Listing Price Info

Price Summary:

• List Price: $589,000

HOA Fees:

• Amount: $700
• Frequency: Annually

Tax Information:

• Annual Amount: $5,667
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Lakeland, TN

City

Med. Sold Price

$439.6K

# of Sold Homes

12

5259 Switchgrass Cv vs Lakeland

56 DAYS ON ROCKET

$589,000

+$149.3K More

KEY TAKEAWAY

This property is $149.3K more than the Median Sold Price in Lakeland, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

• MLS Number: #10166944

Listing Office:

• Office Name: Groome & Co.

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: 4/27/2024, 7:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Oct 07, 2010	Oct 07, 2010Home Sold	$315,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$5,667	$106,925
2020	$4,129	$101,975
2019	$5,404	$101,975
2018	$5,466	$101,975
2017	$5,460	$101,975

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$3,065

Per Month

Principal & Interest

$2,940

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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)

$58

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Lakeland›38002›5259 Switchgrass Cv

This home is located at 5259 Switchgrass Cv in Lakeland, TN and zip code 38002 in the Winstead Farms neighborhood. This home, which was built in 2008, sits on a 0.55 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $589,000.

In March 2024 more than 4 listings in Lakeland, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Lakeland, TN between February 2024 and March 2024 increased by 20.6%.

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