$69,000
SOLD MAY 1, 2025

2991 Walnut Grove Rd Unit 2 Memphis, TN 38111

Binghampton Neighborhood
2 Beds
1 Bath
800-999 Sq Ft
2.76 Acres

Recently Sold

$69 Per Sq Ft

7% Below List Price

29 Days on Market

Highlights

  • Gated Parking
  • 2.76 Acre Lot
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • 3-minute walk to Shelby Farms Park Greenline

About This Home

As of May 2025

Rare opportunity to own this unique property just 5 minutes from U of M and 10 minutes from the medical center. It is a CO-OP not a Condo. This is a two bedroom one bath downstairs unit. Kitchen with new refrigerator and dishwasher. Hardwood floors throughout. Secure gated property with Security cameras throughout the complex covering all parking, entrance & exit gates. NO long or short term RENTALS are allowed in the Walnut Grove Apartments. Cash or bank loan only. Monthly HOA fee of $350 includes water/sewer, property taxes, exterior insurance and grounds maintenance and trash collection. Buyers pay $200 application fee for co-op approval.

Last Agent to Sell the Property

Jane Baker

Sowell, Realtors License #257949 Listed on: 03/17/2025

Last Buyer's Agent

Amy Foster

Bryan Realty Group License #340851

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 2.76 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 800-999 Sq Ft Home
  • 850 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room
  • Wood Flooring
  • Updated Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Gated Parking
  • Assigned Parking

Additional Features

  • Porch
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Walnut Grove Apartments Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044012 00001

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 754B
  • MAAR Subdivision Name: WALNUT GROVE APARTMENTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 81.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 850
  • Year Built: 1956
  • List Price/ Sq Ft: 87
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, W/D Connection in Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Gated Parking, Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: S PT 1
  • Acreage: 2.76
  • Lot Size: 2.76
  • Price Per Acre: 26812
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 044012 00001

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $69,000 -6.8% $86 / Sq Ft
04/21/2025 04/21/25 For Sale $74,000 0.0% $93 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $74,000 +23.5% $93 / Sq Ft
12/06/2022 12/06/22 Sold $59,900 0.0% $599 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $59,900 -- $599 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10192276

Memphis Area Association of REALTORS®

APN: 04-4012-0-0001