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5558 Forsyth Dr, Memphis, TN, 38115

$229,000

Home List Price

$2,719*

Closing Credit

5 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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5558 Forsyth Dr, Memphis$229,000

Buyer Closing Credits

$2,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1963
HeatingCentral
CoolingCentral Air
WaterfrontOther
MLS #10166092
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Contingent)

About 5558 Forsyth Dr

Welcome to 5558 Forsythe Dr., a beautiful 4-bedroom, 2-bathroom home nestled in a charming neighborhood in Memphis, TN, 38115. This inviting residence offers classic comfort and timeless appeal. Spacious floor plan has not only a cozy living room filled with natural light and a fireplace, but also an addition den/family room/bonus space! All renovated! Great investment opportunity. It has a perfect blend of comfort, style, and functionality for investors and families. Don't miss out!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 1

Listing Office:

  • Office Name: Paradigm21 Realty

Interior Features

Interior Information:

  • Flooring Type: Vinyl/Luxury Vinyl Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.25 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 I-40 E, take exit 1E to merge onto I-240 S/I-69 toward Jackson Miss Take the exit on the left onto I-240 E toward Airport/Nashville Take exit 17 to merge onto Mt Moriah Rd Turn right onto Clarke Rd Turn right onto Forsyth Dr Destination on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000

Tax Information:

  • Annual Amount: $2,795
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

5558 Forsyth Dr vs Memphis

70 DAYS ON ROCKET

$229,000

+$28.8K More

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10166092

Listing Office:

  • Office Name: Paradigm21 Realty

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, 1:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 15, 2019Home Sold
$76,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,795$38,600
2020$1,822$25,150
2019$1,822$25,150
2018$1,034$25,150
2017$1,053$25,150

History based on county public records data.

Payment Calculator

$1,210

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$753

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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-1273425
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 8.57 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,286. The majority of Memphis, TN residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5558 Forsyth Dr

What is the listing price of this property?

The listing price of 5558 Forsyth Dr property is $229,000.

What type of property is this?

The property 5558 Forsyth Dr is a house located in Memphis, Tennessee, 38115.

Is this property for sale now?

Accepting Backup Offers: 5558 Forsyth Dr 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 5558 Forsyth Dr 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 $2,795 (source: MLS/based on county public records data).

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

The last sale was on November 15, 2019 for $76,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5558 Forsyth Dr has 5 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 5558 Forsyth Dr is 1963.

Rocket HomesTennesseeShelby CountyMemphis381155558 Forsyth Dr

This home is located at 5558 Forsyth Dr in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. This home, which was built in 1963, sits on a 0.25 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $229,000.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 16% between February 2024 and March 2024.

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

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