NOT LISTED FOR SALE

5523 Walnut Grove Rd Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $422,793 - $492,000

4 Beds
2.5 Baths
3,072 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $430,000 $140 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,766/month

43 Days on Market

Highlights

  • 0.51 Acre Lot
  • Traditional Architecture
  • 1 Fireplace
  • White Station Middle Rated A-
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of April 2022

Completely renovated home with attractive curb appeal in a prime East Memphis location. This large ½ acre lot features a huge fenced inbackyard; interior has beautiful re-finished original hardwood flooring. The floorplan starts with a large kitchen with quartz countertops that has an open flow intothe dining room and both living spaces. All 4 bedrooms are downstairs. The master bedroom has 2 closets, one being a walk in. Beautifully remodeled baths,full size laundry, playroom upstairs.

Last Listed By

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 02/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1961

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x223
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,072 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Remodeled Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Green Glade First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068042 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,682

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756D
  • MAAR Subdivision Name: GREEN GLADE 1ST ADD
  • List Price Per Sq Ft: 150
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 139.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3072
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 3
  • Acreage: 0.51
  • Lot Size: 100X223
  • Price Per Acre: 901765

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 068042 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 28, 2022
Sold by
Memphis Turnkey Properties Gp
Bought by
Gerani Mortez
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Sabaria Dean
Fast Track Realty, LLC
List Price
$459,900
Sold Price
$430,000
Premium/Discount to List
-$29,900
-6.5%
Total Days on Market
43
Current Estimated Value
$454,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,198
Avg. Annual Appreciation
0.23%

Purchase Details

Closed on
Jan 29, 2021
Sold by
Clemons Mark P and Sara E Clemons Living Trust
Bought by
Memphis Turnkey Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 18, 2012
Closed on
Aug 23, 2013
Sold by
Simkin Evelyn A
Bought by
Clemon Sara E and Sara E Clemons Living Trust
Seller's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rick Hardin
Weichert, REALTORS-BenchMark
List Price
$239,500
Sold Price
$182,500
Premium/Discount to List
-$57,000
-23.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

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 Buyer Sale Price Title Company
Gerani Mortez $430,000 Foundation Title & Escrow
Memphis Turnkey Properties Gp $265,000 Home Surety T&E Llc
Clemon Sara E $182,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Turnkey Properties Gp $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $430,000 -6.5% $140 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $459,900 +152.0% $150 / Sq Ft
08/22/2013 08/22/13 Sold $182,500 -23.8% $61 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
06/18/2012 06/18/12 For Sale $239,500 -- $80 / 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
2024 $2,682 $79,125 $22,000 $57,125
2023 $4,820 $79,125 $22,000 $57,125
2022 $4,820 $79,125 $22,000 $57,125
2021 $2,730 $79,125 $22,000 $57,125
2020 $4,675 $64,525 $22,000 $42,525
2019 $2,062 $64,525 $22,000 $42,525
2018 $2,062 $64,525 $22,000 $42,525
2017 $2,111 $64,525 $22,000 $42,525
2016 $1,994 $45,625 $0 $0
2014 $1,994 $45,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Malvezzi

    Seller's Agent in 2022

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    8 in this area

    92 Total Sales

    Frank Malvezzi
    Section Image
  • Sabaria Dean

    Buyer's Agent in 2022

    Sabaria Dean

    Fast Track Realty, LLC

    (901) 767-8770

    7 in this area

    64 Total Sales

    Sabaria Dean
    Section Image
  • James Anson Underwood

    Seller's Agent in 2013

    James Anson Underwood

    Crye-Leike

    (901) 338-0658

    21 in this area

    210 Total Sales

    James Anson Underwood
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Anna Underwood

    Crye-Leike

  • Rick Hardin

    Buyer's Agent in 2013

    Rick Hardin

    Weichert, REALTORS-BenchMark

    (901) 202-2000

    2 in this area

    20 Total Sales

    Rick Hardin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10116780

Memphis Area Association of REALTORS®

APN: 06-8042-0-0005

Tennessee Shelby County Memphis 38120 Audubon Park

5523 Walnut Grove Rd, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 5523 Walnut Grove Rd, Memphis, TN 38120 since 01 February 2022 and is currently estimated at $454,198, approximately $147 per square foot. This property was built in 1961. 5523 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.

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