$420,000
SOLD OCT 8, 2024
4 Beds
3 Baths
2,400-2,599 Sq Ft
0.41 Acres

Recently Sold

$162 Per Sq Ft

5% Below List Price

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Patio
  • White Station Middle Rated A-
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of October 2024

This home is located at 5185 Walnut Grove Rd, Memphis, TN 38117 and is currently priced at $420,000, approximately $175 per square foot. This property was built in 1955. 5185 Walnut Grove Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station Middle, and White Station High.

Last Agent to Sell the Property

Reginald Harris

Harris Realty Services License #284382 Listed on: 10/06/2024

Last Buyer's Agent

Reginald Harris

Harris Realty Services License #284382 Listed on: 10/06/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x182
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,480 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Walnut Grove Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056022 00004

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756C
  • MAAR Subdivision Name: WALNUT GROVE VILLAGE
  • Number Of Stories: 1
  • Price Per Sq Ft: 169.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2480
  • Year Built: 1955
  • List Price/ Sq Ft: 177
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.41
  • Lot Size: 100X182
  • Price Per Acre: 1073171
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 056022 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2024
Closed on
Oct 8, 2024
Sold by
Chao Investment Company
Bought by
Gerani Morteza
Seller's Agent
Reginald Harris
Harris Realty Services
Buyer's Agent
Reginald Harris
Harris Realty Services
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%
Views
11
Current Estimated Value
$412,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,059
Avg. Annual Appreciation
-0.41%
Original Mortgage
$279,000
Outstanding Balance
$269,832
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$148,633

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jun 30, 2023
Sold by
Ellzey Hunter
Bought by
Chao Investment Company
Seller's Agent
Chuck House
Keller Williams
Buyer's Agent
Reginald Harris
Harris Realty Services
List Price
$300,000
Sold Price
$300,000
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.07%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Bada Henrietta S
Bought by
Ellzey Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $420,000 Edco Title & Closing Services
Warranty Deed $300,000 None Listed On Document
Gift Deed -- First Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,000 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $149,000 Unknown
Previous Owner $131,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $2,300 -- --
11/06/2024 11/06/24 For Rent $2,300 0.0% --
10/08/2024 10/08/24 Sold $420,000 -4.5% $175 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/06/2024 10/06/24 For Sale $440,000 +46.7% $183 / Sq Ft
06/30/2023 06/30/23 Sold $300,000 0.0% $125 / Sq Ft
06/19/2023 06/19/23 For Sale $300,000 -- $125 / 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 -- $106,025 $21,425 $84,600
2024 $2,816 $83,075 $19,450 $63,625
2023 $5,061 $83,075 $19,450 $63,625
2022 $5,061 $83,075 $19,450 $63,625
2021 $5,120 $83,075 $19,450 $63,625
2020 $4,755 $65,625 $19,450 $46,175
2019 $4,755 $65,625 $19,450 $46,175
2018 $4,755 $65,625 $19,450 $46,175
2017 $2,697 $65,625 $19,450 $46,175
2016 $2,600 $59,500 $0 $0
2014 $2,600 $59,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10183021

Memphis Area Association of REALTORS®

APN: 05-6022-0-0004