NOT LISTED FOR SALE

81 Wallace Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $723,000 - $867,000

5 Beds
3.5 Baths
4,500-4,999 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2020

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

Est. 34% increase in value since last sale

Current estimated payment $4,618 / 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2019
Closed on
Mar 6, 2020
Sold by
Bought by
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
$785,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,508
Avg. Annual Appreciation
4.76%
Original Mortgage
$468,000
Outstanding Balance
$415,263
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$370,245

Purchase Details

Closed on
Apr 22, 2014
Sold by
Bought by

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
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$585,000 None Available
-- Ri State Title & Escrow Inc
$225,000 Tri State Title & Escrow Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $468,000
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,798 $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

    29 in this area

    186 Total Sales

    Linda Sowell
    Section Image
  • Christina Morris

    Buyer's Agent in 2020

    Christina Morris

    Hobson, REALTORS

    (901) 277-1699

    23 in this area

    56 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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