NOT LISTED FOR SALE

120 Wallace Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $552,000 - $707,000

4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 11, 2015

Last sale price $415,000 $138 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,517/month

79 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Wood Flooring
  • White Station High Rated A
  • Landscaped Professionally
  • Attic

About This Home

As of June 2015

Wonderfully maintained 1 story home for family living and entertaining. Hardwood throughout. Beautiful views of the backyard from the breakfast room and great room. Many modern updates including the kitchen, master bath, electric, lawn sprinkler system, and exterior which has been updated and painted. Most major expense items are new, inc. roof. Home also has a new wrought iron remote control security gate and a new wireless alarm system. Storage rm has electric. You will love the floor plan.

Last Agent to Sell the Property

Tom North

The Carter Group LLC, REALTORS License #280724 Listed on: 03/01/2015

Last Buyer's Agent

Charlotte Lyles

Hobson, REALTORS License #242146

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 9,148 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,871 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Dressing Area
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway
  • Gated Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Wood Grove Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055012 00019

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Walnut Grove
  • MAAR Subdivision Name: PIDGEON ESTATES
  • List Price Per Sq Ft: 152
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2871
  • Termite Contract: Yes
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Instant Hot Water, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Laundry Closet, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Double Sinks, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Storage Building, Covered Patio, Well Landscaped Grounds, Wood Fence, Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Security: Monitored Alarm System, Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 49
  • Acreage: 0.21
  • Lot Size: .21

Tax Info

  • Assessor Parcel Number: 055012 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2015
Closed on
Jun 11, 2015
Sold by
Poore Scott E and Poore Meredith M
Bought by
Podesta Samuel and Podesta Mallory
Seller's Agent
Tom North
The Carter Group LLC, REALTORS
Buyer's Agent
Charlotte Lyles
Hobson, REALTORS
List Price
$455,000
Sold Price
$415,000
Premium/Discount to List
-$40,000
-8.79%
Current Estimated Value
$614,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,372
Avg. Annual Appreciation
3.76%
Original Mortgage
$332,000
Outstanding Balance
$257,509
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$356,863

Purchase Details

Closed on
Dec 14, 2006
Sold by
Buchalter Frances L and Buchalter Maurice
Bought by
Poore Scott E and Poore Meredith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Podesta Samuel $415,000 None Available
Poore Scott E $310,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Podesta Samuel $332,000
Previous Owner Poore Scott E $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2015 06/11/15 Sold $415,000 -8.8% $148 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $455,000 -- $163 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,893 $145,675 $23,625 $122,050
2024 $3,893 $114,825 $23,625 $91,200
2023 $6,995 $114,825 $23,625 $91,200
2022 $6,995 $114,825 $23,625 $91,200
2021 $7,077 $114,825 $23,625 $91,200
2020 $7,293 $100,650 $23,625 $77,025
2019 $7,293 $100,650 $23,625 $77,025
2018 $7,293 $100,650 $23,625 $77,025
2017 $4,137 $100,650 $23,625 $77,025
2016 $3,786 $86,625 $0 $0
2014 $2,915 $66,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom North

    The Carter Group LLC, REALTORS

    (901) 833-3078

    13 Total Sales

    Tom North
    Section Image

  • C

    Buyer's Agent in 2015

    Charlotte Lyles

    Hobson, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9946276

Memphis Area Association of REALTORS®

APN: 05-5012-0-0019

Tennessee Shelby County Memphis 38117 East Memphis

120 Wallace Rd, Memphis, TN

Not Listed for Sale

Detached

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