NOT LISTED FOR SALE

81 Wallace Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $702,460 - $896,000

5 Beds
3.5 Baths
4,500-4,999 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2020

Last sale price $585,000 $117 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,485 / mo

178 Days on Market

Highlights

  • Updated Kitchen
  • 0.56 Acre Lot
  • Main Floor Primary Bedroom
  • White Station High Rated A
  • Wood Flooring
  • Soft Contemporary Architecture

About This Home

As of March 2020

Open 8/4 3-4:30. This totally renovated home has a new Chef’s kitchen w/ custom cabinets ,Thermador appliances & GE Profile fridge/freezer. The open floor plan lends itself to entertaining and family living. Downstairs master features a stunning new bath and an abundance of closet space. There are a total of 5 bdrms, one currently being used as an office, and 3 ½ newly renovated baths w/ lovely finishes. There are so many upgrades and special features plus lots of natural light. Don't miss it!

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 08/03/2019

Last Buyer's Agent

Christina Morris

Hobson, REALTORS License #327463

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 24,394 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,630 Sq Ft Home
  • 1.7-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Casement Windows
  • Two Story Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Play Room
  • Screened Porch
  • Storage Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Voluntary home owners association
  • Bauman Saul Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055011 00028

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0.56 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PIDGEON ESTATES
  • List Price Per Sq Ft: 135
  • Number Of Stories: 1.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4630
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: Den/Great Room, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Slate, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Wet Bar, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony, Storage Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Casement 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, 3 or More Systems
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 5
  • Acreage: 0.56
  • Lot Size: 0.569 acre

Tax Info

  • Assessor Parcel Number: 055011 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2019
Closed on
Mar 6, 2020
Sold by
Garner William D
Bought by
Logan Eli and Logan Molly
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Christina Morris
Hobson, REALTORS
List Price
$649,000
Sold Price
$585,000
Premium/Discount to List
-$64,000
-9.86%
Current Estimated Value
$771,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,865
Avg. Annual Appreciation
4.61%
Original Mortgage
$468,000
Outstanding Balance
$415,263
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$356,602

Purchase Details

Closed on
Apr 22, 2014
Sold by
Ozdenerol Esra
Bought by
Garner William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2014
Sold by
Welch Harry T
Bought by
Garner William David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Logan Eli $585,000 None Available
Garner William D -- Ri State Title & Escrow Inc
Garner William David $225,000 Tri State Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Eli $468,000
Previous Owner Garner William David $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $585,000 -6.4% $130 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
09/10/2019 09/10/19 Price Changed $625,000 -3.7% $139 / Sq Ft
08/03/2019 08/03/19 For Sale $649,000 -- $144 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $5,046 $178,375 $26,900 $151,475
2024 $5,046 $148,850 $25,850 $123,000
2023 $9,067 $148,850 $25,850 $123,000
2022 $9,166 $150,475 $27,475 $123,000
2021 $5,191 $150,475 $27,475 $123,000
2020 $6,965 $96,125 $27,475 $68,650
2019 $3,072 $96,125 $27,475 $68,650
2018 $3,072 $96,125 $27,475 $68,650
2017 $2,816 $86,075 $27,475 $58,600
2016 $3,095 $70,825 $0 $0
2014 $3,095 $103,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2020

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    30 in this area

    189 Total Sales

    Linda Sowell
    Section Image
  • Christina Morris

    Buyer's Agent in 2020

    Christina Morris

    Hobson, REALTORS

    (901) 277-1699

    24 in this area

    59 Total Sales

    Christina Morris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058881

Memphis Area Association of REALTORS®

APN: 05-5011-0-0028

Tennessee Shelby County Memphis 38117 East Memphis

81 Wallace Rd, Memphis, TN

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