NOT LISTED FOR SALE

3553 Walnut Grove Rd Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $262,000 - $652,000

3 Beds
1.5 Baths
2,000-2,199 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $193,000 $88 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,774/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • White Station High Rated A

About This Home

As of February 2023

Opportunity for an awesome renovation and addition. Needs a complete renovation. Not habitable as it is. Most of the demolition work has been done. Large lot, 65 x232 in a great location. Red Acres Subdivision. There is a lot on both sides of this property that are available too. See land listings. Offered by Owner/Agent Adjoining lots are available too. Lot 2 (east side) 55x232 is $199K 3545 (west side) 80 x 2232 is $245k

Last Agent to Sell the Property

Jay Wood

Sowell, Realtors License #221237 Listed on: 01/23/2023

Last Buyer's Agent

Alison Restivo

The Restivo Group, REALTORS License #274936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 65x232
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,199 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Community Details

  • Voluntary home owners association
  • Red Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Red Acres
  • List Price Per Sq Ft: 102
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2199
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 65x232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 15, 2023
Sold by
Scottsquared Llc
Bought by
Restivo Alison
Seller's Agent
Jay Wood
Sowell, Realtors
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$225,000
Sold Price
$193,000
Premium/Discount to List
-$32,000
-14.22%
Views
79
Current Estimated Value
$503,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,333
Avg. Annual Appreciation
42.62%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Blackley James Norman
Bought by
Davison Anthony and James N Blackley Jr Vapt Trust
Source: Public Records

Range of Values:

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Average Value
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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
Restivo Alison $193,000 Quality Title Group
Davison Anthony -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $193,000 -14.2% $97 / Sq Ft
01/23/2023 01/23/23 For Sale $225,000 -- $113 / Sq Ft
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 $1,679 $132,900 $49,025 $83,875
2024 $1,679 $52,550 $49,025 $3,525
2023 $3,201 $52,550 $49,025 $3,525
2022 $4,170 $68,450 $64,925 $3,525
2021 $4,957 $95,650 $64,925 $30,725
2020 $5,456 $75,300 $64,925 $10,375
2019 $2,407 $75,300 $64,925 $10,375
2018 $2,407 $75,300 $64,925 $10,375
2017 $2,463 $75,300 $64,925 $10,375
2016 $3,062 $70,075 $0 $0
2014 $3,569 $81,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jay Wood

    Sowell, Realtors

    Section Image

  • A

    Buyer's Agent in 2023

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    4 in this area

    24 Total Sales

    Alison Restivo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10140819

Memphis Area Association of REALTORS®

APN: 04-4060-0-0023

Tennessee Shelby County Memphis 38111 Audubon Park

3553 Walnut Grove Rd, Memphis, TN

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