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Thursday, October 05, 2023

Your Bartlett, TN, Real Estate Questions Answered

Experience the beauty of the four seasons when you immerse yourself in the growing city of Bartlett, Tennessee. In the center of Shelby County, Bartlett is rich in history, being within the Memphis metro, where rock and roll plus rhythm and blues were born.

Residents find a hometown with great shopping options, plentiful parks for outdoor recreation, and affordable living. Find everything you need to call a place home awaits in Bartlett.

If you are considering moving to Bartlett, TN, you likely have questions about buying a home here. Here are some answers to frequently asked questions about Bartlett real estate.

About Bartlett, TN

Bartlett, a city on the northeast side of Memphis, has recently welcomed many new residents to Tennessee. Starting as a small farming community, Bartlett grew to the 11th largest city in all of Tennessee as of 2022. Even though it’s big for the state, it’s still relatively small, with about 54,631 residents.

Bartlett started as the last major way station for stagecoach traffic traveling from Nashville to the Mississippi River. Known back then as Union Depot, the city changed its name to Bartlett and incorporated in 1866. Today, it is known for its industrial economy and entrepreneurial innovation. Many multimillion-dollar companies have been conceived here. Interestingly, it is home to many medical device manufacturers—the largest concentration of manufacturers in all of Tennessee.

The Bartlett Area Chamber states that residents enjoy a growing city while still keeping the small-town feel. Bartlett is only 15 minutes from the center of Memphis and is considered one of the suburbs in the much larger metro.

What county is Bartlett, TN, in?

Shelby County was named after Governor Issac Shelby of Kentucky, a Revolutionary War hero. As one of the 95 counties in the state, it is one of the largest counties by population and square miles. Shelby County is located in the state’s southwest corner. It includes 783 square miles and ends at the Mississippi River on Memphis’ west side. 

What neighborhoods are in Bartlett?

Bartlett might be home to under 55,000 people, but the city is vast in the number of neighborhoods within its limits. Find over 80 neighborhoods, each with different housing types and access to the essentials like grocery stores, gas stations, and more. Some neighborhoods come with additional amenities like pools, playgrounds, and HOAs.

Some neighborhoods include, but are not limited to:

  • Oak Road Estates
  • Shadowland Place
  • Windsor Park 
  • Daybreak
  • Wolfchase Farms 

What is the cost of living in Bartlett?

Great news if you are looking for affordable real estate close to one of the largest cities in Tennessee. Homebuyers can find affordable housing here. An individual median income of $85,171 coupled with a low cost of living, 5% below the national average, means you can stretch budgets further here.

The city offers its residents affordable living under the national average (95.1/100), with opportunities to work, study, and raise a family comfortably. Only miscellaneous expenses (movie tickets, child care, eating out, etc.) were at the national average.

Cost of living comparison chart Bartlett TN vs Memphis TN

Typical expenses in Bartlett require residents to make a minimum of $32,489 if they are on a single income and without children. For those who choose to have a family, those with two children and two working adults must bring in just under $92,000 per year to make ends meet.

What is the average price of a home in Bartlett, TN?

The Bartlett real estate market is best described as a hot housing market. The average price for a home in Bartlett, Tennessee, in August 2023 was $315,000, which puts homes under the average price for the state of Tennessee at $385,000. The average home sold for about $4,000 higher than its listing price.

Condos or townhomes in Bartlett 

If single-family homes are not what you want, Bartlett real estate has you covered. As of September 2023, Bartlett had 32 townhomes and condos on the market for between $120,000 and $366,900.

Are there any waterfront properties found in Bartlett, TN?

Tennessee may not face an ocean, but living on a waterfront property is possible. There are 18 different watersheds in Bartlett, creating a network of streams and creeks that eventually drain into the Loosahatchie and Wolf Rivers. As of 2023, waterfront property prices can start at as little as $283,000.

Bartlett TN August 2023 update

Golf course communities in Bartlett, TN 

Currently, there are no private golf courses in Bartlett, but those buyers looking for an exclusive golf club can visit the Colonial Country Club, which has hosted over 30 PGA Tour events. It is located in Cordova, about 20 minutes away.

What is the property tax rate for Bartlett, TN?

For Tennessee property taxes, your local county will classify your property as either residential, agricultural, commercial, public utility, or business personal. From there, by using the tax rate, counties come up with a total assessed value of your property and determine the amount due in taxes for that year. As of 2022, the county tax rate for Shelby County was 1.42%.

Like many other counties across the nation, there are different exemptions that you may qualify for depending on your circumstances. Tennessee generally does not allow for many exemptions, as its property tax rate is lower than other states. However, if you qualify for one of their exemptions, they reduce the tax rate on your property and what is due for the year.

Some exemptions are the Property Tax Relief Program and the Property Tax Freeze:

  • Property Tax Relief Program – This property tax exemption program applies to the those over 65, surviving spouses of those killed in war, disabled veterans, widows(ers) of disabled veterans, and disabled homeowners. The Tax Relief Program makes eligible applicants pay significantly reduced or no property tax. The state covers the amounts paid for as part of a State-funded program.
  • Property Tax Freeze Program – Requires applicants to be 65 and older. This tax freeze program pauses their tax amounts on any primary residences for future years. This exemption is stackable with the Property Tax Relief Program.

Is Bartlett, TN, growing?

Tennessee is seeing significant population growth because of its tax-friendly laws. Known as the “Volunteer State,” Tennessee ranks as the 15th state for low tax burden, appealing to those choosing to live with a budget in mind.

Its quick access to US 79 and I-40 makes it easy for its residents to commute to local suburbs and Memphis for work and entertainment.

Bartlett’s perks have helped it grow in population by 42.2% since 2020. 

What is there to do in Bartlett? 

Residents can visit museums, events, and festivals throughout the year, take walks in many local parks, and visit shopping malls.

There are over 30 parks in Bartlett alone. Those who enjoy being outdoors can enjoy fresh organics at the Bartlett Station Farmers Market or play a game of soccer at the Bartlett Boulevard Soccer Park. Some parks have lakes, trails, playgrounds, and box hockey. The Nesbit Park Stanky Creek Trails allows residents to immerse themselves in nature while on a nature walk or run. What makes this trail perfect is its length of 2.5 miles, which fits perfectly within the city limits and is short enough not to overwhelm residents.

Enjoy spending a day treating yourself to the latest fashion thanks to Wolfchase Galleria, a large shopping mall with major stores and restaurants. You will be pleasantly surprised that shopping is one of the most popular things to do in Bartlett. 

While there is only one golf course in Bartlett, called the Quail Ridge Golf Course, there are multiple other golf courses in the surrounding metro. Residents can swing at the South Course of the Colonial Country Club or the Lakeland Golf Club, both situated less than 20 minutes from the heart of Bartlett. All these golf courses are 18 holes and span over 6,000 yards with a par 72 rating. 

What areas are near Bartlett, TN?

If you like to live somewhere close to large cities, Bartlett might be the place for you. Residents benefit from the short commute to Memphis. In just 15 minutes drive, locals have multiple museums, farms, orchards, festivals, fishing spots, and arts and entertainment venues.

This is driven by Memphis, considered the birthplace of the Rock and Roll music genre. A style of music that gained popularity quickly in the 1950s, many musical legends were born out of Memphis.

Empty Beale Street in Memphis

Sun Studio Memphis is famous for being the recording studio of the first Rock and Roll single, “Rocket 88” by Jackie Brenston. The iconic Elvis Presley also recorded his first single at this studio in 1954. Visitors can see the building in the heart of the Memphis Media District off US Highway 64.

Elvis Presley’s Graceland is also a popular tourist attraction. Doubling as a hotel and exhibit, visitors make reservations at the Guest House and explore the mansion and the Elvis Movie Exhibition.

If, for whatever reason, you happen to like ducks, there is an attraction made just for you. Visitors can stay at the Peabody, a famous hotel in Memphis known for its exhibition of farm-raised ducks, who live on-site for three months out of the year and parade before guests twice a day.

What to know about living in Bartlett, TN

Embrace the Southern hospitality when you become a resident of Bartlett, Tennessee. It’s close enough to enjoy city life but with the classic southern small-town charm. As a place that provides affordability, things to do, and work opportunities, Bartlett has become an ideal location for many families.

Considering buying a home in Bartlett? Search available listings and contact a real estate professional near Bartlett to explore its neighborhoods. 

 

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Preston Guyton

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