2 months on rocket

5740 Shady Grove Rd, Memphis, TN, 38120

$849,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 2 Partial
House
Schools Nearby

Location

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5740 Shady Grove Rd, Memphis$849,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Circular Drive, Storage Room(s), Garage Door Opener(s), Side-Load Garage
Year Built1971
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
FireplaceMasonry, Vented Gas Fireplace, In Den/Great Room
ViewOther
MLS #10166720
Lot Size1.23 Acres
StatusActive

About 5740 Shady Grove Rd

Beautiful home fully renovated sitting on 1.23 acres. This home is 4 bedrooms 4 full baths and two half baths. The Kitchen has been completely renovated to be made for entertaining or just enjoying everyday family connections.There are 2 masters in home. Every bedroom has its own luxury full bath. If you are looking for a property to make a ton of memories in, look no further. This property is a must see.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

  • Appliances: Gas Range, Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling
  • Interior: Walk-In Closet(s), Sky Light(s), Security System, Smoke Detector(s), Monitored Alarm
  • Fireplace: Masonry, Vented Gas Fireplace, In Den/Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Patio, Other (See REMARKS)

Parking Information:

  • Parking: Driveway/Pad, Circular Drive, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped
  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: from Yated east on Shady Grove home on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,900

Tax Information:

  • Annual Amount: $12,746
  • 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

5740 Shady Grove Rd vs Memphis

79 DAYS ON ROCKET

$849,900

+$654.2K More

KEY TAKEAWAY

This property is $654.2K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10166720

Listing Office:

  • Office Name: KAIZEN Realty, LLC

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: 5/18/2024, 12:55:32 AM 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$12,746$176,050
2020$10,820$149,325
2019$10,820$149,325
2018$6,137$149,325
2017$6,579$149,325

History based on county public records data.

Payment Calculator

$4,309

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-2940954
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.43 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 $112,097. The majority of Memphis, TN residents have income between $100k-200k annually. Typical family type is married, no kids. 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 5740 Shady Grove Rd

What is the listing price of this property?

The listing price of 5740 Shady Grove Rd property is $849,900.

What type of property is this?

The property 5740 Shady Grove Rd is a house located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 5740 Shady Grove 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 5740 Shady Grove 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 $12,746 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5740 Shady Grove Rd has 4 bedrooms and 4 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 5740 Shady Grove Rd is 1971.

Rocket Homes›Tennessee›Shelby County›Memphis›38120›5740 Shady Grove Rd

This home is located at 5740 Shady Grove Rd in Memphis, TN and zip code 38120. This home, which was built in 1971, sits on a 1.23 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $849,900.

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 homes for sale 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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