5415 Newberry Ave, Memphis, TN, 38115

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

5415 Newberry Ave, Memphis$215,000

Buyer Closing Credits

$2,553^*

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

Year Built1971

HeatingCentral

CoolingCentral Air

MLS #10170509

Lot Size0.19 Acres

StatusActive

About 5415 Newberry Ave

Beautiful Brick house 3 Bedrooms 2 bath~ Formal Dinning & Eat in Kitchen ~ Kitchen new countertops & Back Splash ~ Living room Fireplace~ Tile in the Kitchen , Living Room , Dinning Room & Bathrooms ~ Carpet in Bedrooms ~ Stove , Dishwasher & Refrigerator Stay ~ Washer & Dryer does not stay ~ Has driveway to the back of the house with covered Patio ~ Storage in the backyard ~ Come see this home today !

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1971
• Stories: 1

Listing Office:

• Office Name: Keller Williams

Interior Features

Interior Information:

• Flooring Type: Part Carpet, Tile

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Wrought Iron Security Drs

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.19 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: From Mt. Moriah and Mendenhall, go south on Mendenhall. In 1.7 miles, turn left on Newberry. Home is on your right. Or, from Ridgeway, turn onKnight Arnold. Turn left on Emerald, then right on Newberry.

Price Information

Listing Price Info

Price Summary:

• List Price: $215,000

Tax Information:

• Annual Amount: $2,357
• 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 Memphis, TN.

Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

5415 Newberry Ave vs Memphis

13 DAYS ON ROCKET

$215,000

+$19.3K More

KEY TAKEAWAY

This property is $19.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10170509

Listing Office:

• Office Name: Keller Williams

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: 5/3/2024, 7:20:32 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
Jul 19, 2021	Jul 19, 2021Home Sold	$158,000
Nov 02, 2007	Nov 02, 2007Home Sold	$102,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,357	$32,550
2020	$1,391	$19,200
2019	$1,391	$19,200
2018	$789	$19,200
2017	$816	$19,200

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.

$1,141

Per Month

Principal & Interest

$1,074

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)

$0

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

$711

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38115›5415 Newberry Ave

This home is located at 5415 Newberry Ave in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. This home, which was built in 1971, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $215,000.

In April 2024, from all listings sold in Memphis, TN there were more than 75 sold above asking price, over 272 sold below and more than 122 were sold right at the asked price. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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