NOT LISTED FOR SALE

3424 Walnut Grove Rd Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $323,000 - $419,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $250,000 $104 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,151/month

164 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station High Rated A
  • Main Floor Primary Bedroom
  • Circular Driveway

About This Home

As of August 2020

This is an investor house leased for 3 years with 34 months left as of January. Offers an 8 cap rate with a solid tenant. Great house beautiful hardwood under carpet. Upgraded kitchen. jalousie windows on back porch. Detached garage has been converted to a SUPER shop wire for 110 and 220. Gas fireplace to keep you warm. Close to food shopping and restaurants.

Last Agent to Sell the Property

Jim Williams

Tiger Realty License #327170 Listed on: 01/31/2020

Last Buyer's Agent

Susie Sneed

Sneed Company, REALTORS License #289078

Sneed Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80 x 150
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,284 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • Casement Windows
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • Workshop in Garage
  • Circular Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Plaza Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044046 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,065

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Prescott
  • MLS Map #: 754C
  • MAAR Subdivision Name: PLAZA GARDENS
  • List Price Per Sq Ft: 117
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 109.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2284
  • Termite Contract: Yes
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, Vented Gas Fireplace
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Dishwasher, Microwave, Refrigerator, Cable Available, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Casement Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Circular Drive, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level, Wood Fenced, Iron Fenced
  • Lot Number: 77
  • Acreage: 0.27
  • Lot Size: 80 X 150
  • Price Per Acre: 992222

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 044046 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jul 31, 2020
Sold by
Schaefgen James M and Schaefgen Beverly D
Bought by
Bigi Llc
Seller's Agent
Jim Williams
Tiger Realty
Buyer's Agent
Susie Sneed
Sneed Company, REALTORS
List Price
$267,900
Sold Price
$250,000
Premium/Discount to List
-$17,900
-6.68%
Current Estimated Value
$363,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,150
Avg. Annual Appreciation
7.27%
Source: Public Records

Range of Values:

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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
Bigi Llc $250,000 Close Trak Closing & Ttl Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaefgen Beverly D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $250,000 -6.7% $114 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $267,900 0.0% $122 / Sq Ft
10/25/2019 10/25/19 Rented $1,800 0.0% --
10/16/2019 10/16/19 For Rent $1,800 -- --
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,065 $77,050 $14,625 $62,425
2024 $2,065 $60,925 $11,000 $49,925
2023 $3,711 $60,925 $11,000 $49,925
2022 $3,711 $60,925 $11,000 $49,925
2021 $3,755 $60,925 $11,000 $49,925
2020 $4,002 $55,225 $11,000 $44,225
2019 $1,765 $55,225 $11,000 $44,225
2018 $1,765 $55,225 $11,000 $44,225
2017 $1,807 $55,225 $11,000 $44,225
2016 $2,288 $52,350 $0 $0
2014 $2,288 $52,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Williams

    Tiger Realty

    Section Image
  • Susie Sneed

    Buyer's Agent in 2020

    Susie Sneed

    Sneed Company, REALTORS

    (901) 212-6565

    5 in this area

    50 Total Sales

    Susie Sneed
    Section Image
  • Jessika George

    Seller Co-Listing Agent in 2019

    Jessika George

    Keller Williams

    (901) 451-4649

    24 Total Sales

    Jessika George
    Section Image
  • Patty Fowler

    Buyer's Agent in 2019

    Patty Fowler

    Crye-Leike

    (901) 496-7760

    17 Total Sales

    Patty Fowler
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070026

Memphis Area Association of REALTORS®

APN: 04-4046-0-0020

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

3424 Walnut Grove Rd, Memphis, TN

This home is located at 3424 Walnut Grove Rd, Memphis, TN 38111 since 31 January 2020 and is currently estimated at $363,150, approximately $151 per square foot. This property was built in 1951. 3424 Walnut Grove Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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