$475,000

5363 Southwood Dr Memphis, TN 38120

$5,641
Closing credit¹
4 beds
2 full, 1 partial
0.3 acres
House

Property details

About 5363 Southwood Dr

Opportunity knocks! Investor special for an easy flip or opportunity for owner-occupant to purchase low and add some easy equity! Home features renovated, open kitchen with quartz countertops and an abundance of cabinets. Large sunroom with wet bar is great for extra living space and entertaining. Hall bathroom has been renovated with updated soft close cabinets, new tile, and frameless shower door. Primary bedroom has private bath and a door to the sunroom. 4th bedroom windows look into sunroom- could be used as bedroom, office, or bonus. Permanent stairs lead to large floored attic. Gated driveway leads to 2-car carport. Home will convey in AS-IS condition. It is currently without appliances, some light fixtures, some plumbing fixtures, and needs some paint.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusSale Pending
(Pending)
CoolingCentral Air, Ceiling Fan(s)
Lot size0.34 Acres
Year built1962
ParkingDriveway/Pad,Storage Room(s),Gated Parking
MLS #10197576

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling
  • Total Bedroom Count: 4
  • Parking: Driveway/Pad,Storage Room(s),Gated Parking
  • Exterior: Patio
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $475,000
  • Annual Tax Amount: $6,317
  • Tax Year: 2024
  • Lot: Few Trees, Fencing
  • Directions: From Walnut Grove: North on McElroy Rd. then left on Southwood Dr.
  • Year Built: 1962
  • Stories: 1
  • Lot Size: 0.34 Acres
  • MLS Number: 10197576
  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2025 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: 6/5/2025, 2:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5363 Southwood Dr, Memphis, TN 38120 - view of front facade with brick siding, a front yard, and a chimney

$475,000

5363 Southwood Dr

$5,641

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 06, 2022
Home Sold
$545,000
May 28, 2015
Home Sold
$350,000
Jun 07, 2000
Home Sold
$507,216

Tax history

YearAssessmentProperty Tax
2024$103,700$6,317
2023$103,700$6,317
2022$99,875$6,155
2021$99,875$6,155
2020$89,850$6,510
2019$89,850$6,510
2018$89,850$3,692
2017$89,850$3,044

History based on county public records data.

Nearby schools

8

Richland Elementary School

Public District PK-5

0.3 mi

5440 Rich Rd

8

White Station Elementary School

Public District PK-5

1.1 mi

4840 Chickasaw Rd

4

Aurora Collegiate Academy

Public Charter KG-5

1.5 mi

4841 Summer Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $92,368. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

16%
<35k
39%
35k-100k
34%
100k-200k
11%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

About 5363 Southwood Dr

The listing price of 5363 Southwood Dr property is $475,000.

The property 5363 Southwood Dr is a house located in Memphis, Tennessee, 38120.

Sale Pending: 5363 Southwood Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 5363 Southwood Dr are: Richland Elementary School (GreatSchools Rating 8/10), White Station Elementary School (GreatSchools Rating 8/10), Aurora Collegiate Academy (GreatSchools Rating 4/10), White Station Middle School (GreatSchools Rating 8/10), Colonial Middle School (GreatSchools Rating 4/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), White Station High School (GreatSchools Rating 8/10), Ridgeway High School (GreatSchools Rating 2/10), Kingsbury High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $6,317 (source: MLS/based on county public records data).

The last sale was on April 6, 2022 for $545,000 (source: MLS/tax record).

The property at 5363 Southwood Dr has 4 bedrooms and 2 full and 1 half bathrooms.

The year of construction for 5363 Southwood Dr is 1962.

This home is located at 5363 Southwood Dr in Memphis, TN and zip code 38120. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $475,000.

In May 2025, from all listings sold in Memphis, TN there were more than 70 sold above asking price, over 263 sold below and more than 110 were sold right at the asked price. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.

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

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