NOT LISTED FOR SALE

5576 Walnut Grove Rd Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $370,000 - $403,000

3 Beds
2.5 Baths
2,200-2,399 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $300,000 $125 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,261/month

Highlights

  • Landscaped Professionally
  • Deck
  • Living Room with Fireplace
  • Richland Elementary School Rated A-
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of June 2020

Mid-Century Contemporary Tri-Level Living in East Memphis! Built in 1960 this home displays a timeless appeal with authentic mid-century modern styling. The home features a tri-level split plan with 3 bedrooms, 2.5 baths. From the inviting exterior doors, throughout the property, you will find unique characteristics such as the slate entry, gleaming hardwoods, neutral terrazzo flooring & picturesque windows. Award winning East Memphis schools (Rich. Elm.,WSM, WSH),shopping, & Greenbelt Trails!

Last Agent to Sell the Property

Myra McCaskill

Keller Williams License #320568 Listed on: 05/10/2020

Keller Williams

Last Buyer's Agent

Cindy Leavell

Marx-Bensdorf, REALTORS License #328252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,241 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Walnut Grove Terrace East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068046 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary, Split Level
  • Detached Unit Type: General Residential
  • Cross Street: Yates Rd
  • MLS Map #: 756D
  • MAAR Subdivision Name: WALNUT GROVE TERRACE EAST
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 133.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2241
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Slate, Marble/Terrazzo, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Wet Bar, Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Closet, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Deck, Wood Fence, Storage
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System, Closed Circuit TV
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: 50
  • Acreage: 0.31
  • Lot Size: .31
  • Price Per Acre: 951613

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 068046 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Jun 30, 2020
Sold by
The Ira A Lipman Revocable Trust
Bought by
Bourne Robert Taylor and Bourne Helen Anna
Seller's Agent
Myra McCaskill
Keller Williams
Buyer's Agent
Cindy Leavell
Marx-Bensdorf, REALTORS
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$386,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,948
Avg. Annual Appreciation
4.95%
Original Mortgage
$260,000
Outstanding Balance
$230,551
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$156,397

Purchase Details

Closed on
Aug 19, 2010
Sold by
Friedman Carol L Lipman
Bought by
Lipman Ira A

Purchase Details

Closed on
Mar 19, 2010
Sold by
Lipman Ira
Bought by
Friedman Carol L Lipman
Source: Public Records

Range of Values:

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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
Bourne Robert Taylor $300,000 Saddle Creek Title Llc
Lipman Ira A $213,200 None Available
Friedman Carol L Lipman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourne Robert Taylor $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $300,000 +1.7% $136 / Sq Ft
05/10/2020 05/10/20 For Sale $295,000 -- $134 / 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 $2,424 $91,850 $21,425 $70,425
2024 $2,424 $71,500 $19,450 $52,050
2023 $4,356 $71,500 $19,450 $52,050
2022 $4,356 $71,500 $19,450 $52,050
2021 $4,407 $71,500 $19,450 $52,050
2020 $4,601 $63,500 $19,450 $44,050
2019 $2,029 $63,500 $19,450 $44,050
2018 $2,029 $63,500 $19,450 $44,050
2017 $2,077 $63,500 $19,450 $44,050
2016 $2,393 $54,750 $0 $0
2014 $2,393 $54,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Myra McCaskill

    Seller's Agent in 2020

    Myra McCaskill

    Keller Williams

    (901) 878-9799

    2 in this area

    38 Total Sales

    Myra McCaskill
    Section Image
  • Cindy Leavell

    Buyer's Agent in 2020

    Cindy Leavell

    Marx-Bensdorf, REALTORS

    (901) 355-6086

    4 in this area

    55 Total Sales

    Cindy Leavell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076307

Memphis Area Association of REALTORS®

APN: 06-8046-0-0014

Tennessee Shelby County Memphis 38120 Audubon Park

5576 Walnut Grove Rd, Memphis, TN

This home is located at 5576 Walnut Grove Rd, Memphis, TN 38120 since 10 May 2020 and is currently estimated at $386,948, approximately $161 per square foot. This property was built in 1960. 5576 Walnut Grove Rd is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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