NOT LISTED FOR SALE

5056 Walnut Grove Rd Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $352,036 - $376,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $256,000 $107 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,077/month

91 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Richland Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of November 2023

Situated on a generous .46-acre lot, this charming East Memphis home boasts a big covered front porch that invites you to unwind and enjoy. The spacious layout includes large living spaces, and the orig. wood floors exude warmth and character. Three bedrooms (1 down & 2 up) plus an office on the main floor, complete with French doors leading to the back deck. The roof and HVAC was replaced just 3 years ago. The beautiful backyard features lush greenery and an oversized deck. Great potential!

Last Agent to Sell the Property

Anna Grace Green

Keller Williams License #360210 Listed on: 07/20/2023

Keller Williams

Co-Listed By

John Moore

Keller Williams License #338713

Last Buyer's Agent

LouAnne Crump

Crye-Leike, Inc., REALTORS License #360118

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1954

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 90x226
  • Wood Fence
  • Level Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,318 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage Room
  • Iron Doors
  • Attic

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Robison Frank S/D Of Lot 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064017 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,701

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756A
  • MAAR Subdivision Name: FRANK ROBINSON
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 110.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2318
  • Year Built: 1954
  • List Price/ Sq Ft: 112
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Living Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Cooktop, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic, Storage Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio, On-Site Storage, Wooded Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Window Unit(s), Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.46
  • Lot Size: 90X226
  • Price Per Acre: 565217

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 064017 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 27, 2023
Sold by
Mary Anderson Shank Testamentary Trust
Bought by
Neville Kevin and Neville Erin
Seller's Agent
Anna Grace Green
Keller Williams
Buyer's Agent
LouAnne Crump
Crye-Leike, Inc., REALTORS
List Price
$345,000
Sold Price
$256,000
Premium/Discount to List
-$89,000
-25.8%
Views
230
Current Estimated Value
$339,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,946
Avg. Annual Appreciation
15.48%
Original Mortgage
$90,000
Outstanding Balance
$88,654
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$241,140

Purchase Details

Closed on
Jun 8, 2015
Sold by
Anderson Lynn R
Bought by
Anderson Lynn R and Mary Anderson Shank Testamentary Trust

Purchase Details

Closed on
Nov 1, 2006
Sold by
Price Jimmie L and Price Leslie Gaye
Bought by
Shank Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Neville Kevin $256,000 Erickson Title & Closing
Anderson Lynn R -- None Available
Shank Mary A $242,000 Realty Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neville Kevin $90,000
Previous Owner Shank Mary A $172,000
Previous Owner Price Jimmie L $41,000
Previous Owner Price Jimmie L $83,850
Previous Owner Price Jimmie L $10,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $256,000 -1.5% $116 / Sq Ft
10/04/2023 10/04/23 Price Changed $260,000 -13.3% $118 / Sq Ft
09/20/2023 09/20/23 Price Changed $300,000 -5.4% $136 / Sq Ft
08/31/2023 08/31/23 Price Changed $317,000 -3.6% $144 / Sq Ft
08/03/2023 08/03/23 Price Changed $329,000 -4.6% $150 / Sq Ft
07/20/2023 07/20/23 For Sale $345,000 -- $157 / 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 $2,701 $91,575 $16,475 $75,100
2024 -- $79,675 $17,400 $62,275
2023 $4,854 $79,675 $17,400 $62,275
2022 $4,854 $79,675 $17,400 $62,275
2021 $4,910 $79,675 $17,400 $62,275
2020 $4,195 $57,900 $17,400 $40,500
2019 $4,195 $57,900 $17,400 $40,500
2018 $4,195 $57,900 $17,400 $40,500
2017 $2,380 $57,900 $17,400 $40,500
2016 $2,487 $56,900 $0 $0
2014 $2,487 $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anna Grace Green

    Seller's Agent in 2023

    Anna Grace Green

    Keller Williams

    (901) 497-0067

    13 in this area

    43 Total Sales

    Section Image
  • John Moore

    Seller Co-Listing Agent in 2023

    John Moore

    Keller Williams

    (901) 232-1901

    45 in this area

    165 Total Sales

    Section Image
  • LouAnne Crump

    Buyer's Agent in 2023

    LouAnne Crump

    Crye-Leike

    (901) 389-7099

    4 in this area

    43 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152594

Memphis Area Association of REALTORS®

APN: 06-4017-0-0011

Tennessee Shelby County Memphis 38117 Audubon Park

5056 Walnut Grove Rd, Memphis, TN

This home is located at 5056 Walnut Grove Rd, Memphis, TN 38117 since 20 July 2023 and is currently estimated at $360,509, approximately $150 per square foot. This property was built in 1954. 5056 Walnut Grove Rd is a home located in Shelby County with nearby schools including Richland Elementary School, White Station High, and White Station Middle.

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