$1,395,000

5622 Shady Grove Rd Memphis, TN 38120

$10,000
Closing credit¹
5 beds
5 full
3.0 acres
House

Property details

About 5622 Shady Grove Rd

Incredible opportunity to own a classic home with almost 3 acres located in one of the premier locations in the city & also in the Eruv. This charming traditional has 5 bedrooms and 5 baths. Two are primaries- one up and one down. 4 car covered parking. The grounds are lovely and private with an automatic gate at the street. Perfect for entertaining and luxury living. The sq footage does not include the attached guest house that has approximately 1420 sq ft.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas, Multi Unit(s)
StatusSale Pending
(Pending)
CoolingCentral Air, Multi Unit(s)
BasementYes
Lot size3 Acres
Year built1942
ParkingDriveway/Pad,More than 3 Coverd Spaces,Storage Room(s),Workshop(s),Front-Load Garage,Gated Parking, Garage
MLS #10187791
FireplaceMasonry, Prefabricated, In Living Room, In Primary Bedroom, In Other Room, Gas Starter
ViewOther

Summary

  • MLS Number: 10187791
  • Office Name: Sowell, 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: 3/15/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a front yard

$1,395,000

5622 Shady Grove Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$281,375$17,140
2023$281,375$17,140
2022$281,375$17,341
2021$281,375$17,341
2020$246,375$17,852
2019$246,375$17,852
2018$246,375$10,126
2017$246,375$10,640

History based on county public records data.

Nearby schools

8

Richland Elementary School

Public District PK-5

0.9 mi

5440 Rich Rd

8

White Station Elementary School

Public District PK-5

1.8 mi

4840 Chickasaw Rd

7

Sea Isle Elementary School

Public District PK-5

2.1 mi

5250 Sea Isle Rd

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 $112,097. Most Memphis, TN residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

11%
<35k
31%
35k-100k
32%
100k-200k
26%
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?

24%
Single, No Kids
3%
Single, with Kids
45%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • NordstromNordstrom

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • CadillacCadillac
  • MazdaMazda
  • BMWBMW

What do the neighbors listen to?

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

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Frequently asked questions

Living in Memphis, TN

About 5622 Shady Grove Rd

This home is located at 5622 Shady Grove Rd in Memphis, TN and zip code 38120. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,395,000.

In February 2025 more than 57 listings in Memphis, TN were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 205 were sold below. Between January and February 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.5%. Listings spent 67 days on the market in February 2025, and had a median list price of $185,000 during the same period.

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

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