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4075 Walnut Grove Road

4075 Walnut Grove Road, Memphis, TN 38117
House in Red Acres
Sold Oct 20, 2022
$399,000
$379,050 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2052
Sold Oct 13, 2022
$87,668
Local assessors in Memphis, TN have categorized 4075 Walnut Grove Road as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 24,262 square feet. The linear feet between the front and back of the lot was measured at 1,900 ft and the front of the lot was measured at 1,270 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a English style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4075 Walnut Grove Road has a total of 3,279 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 736 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of tile. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4075 Walnut Grove Road was last sold in Oct 12, 2022 for $399,000. According to our calculations, that's $121.68 per sqft. Prior to that sales transaction, the property was sold for $87,668 in Oct 11, 2022. Current property owners are expected to pay $6,326 in taxes per year. The property on 4075 Walnut Grove Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $103,850. To break that down further, the land itself was valued at $60,350. While improvements to the property were assessed at a total of $43,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Detached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: English
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 736
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,262
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 3,279
  • Gross Building Area: 3,279
  • Building Area: 3,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,279
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED ACRES
  • Land Acres: 0.557
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARROYO ESTHELA
  • Current Owner 2: ARROYO MARIO
  • Previous Owner : BUNGALOW PROPERTIES IV LLC
  • Owner Before Previous Owner: RUBIN LUBIN TN PLLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 8-76
  • District: O
  • Parcel: 04-4114-0-0002
  • Lot: PT34
  • Municipality: MEMPHIS
  • Latitude: 35.1312
  • Longitude: -89.9259

    Address

  • Full Address: 4075 Walnut Grove Rd
  • Address - House Number: 4075
  • Address - Street Name: Walnut Grove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2243
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,326

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 494,330
  • High Value: 612,229
  • Low Value: 376,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $379,050
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 20, 2022
  • First Open Lien Mortgage Loan Amount: $379,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $415,400
  • Market Land Value: $241,400
  • Market Improvement Value: $174,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,850
  • Assessed Land Value: $60,350
  • Assessed Improvements Value: $43,500

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Transaction ID: 11897695661
  • Current Sale Price: $399,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 117014
  • Previous Sale Recording Date: Oct 13, 2022
  • Previous Sale Contract Date: Oct 11, 2022
  • Previous Sale Amount: $87,668
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 20, 2022
  • First Mortgage Loan Amount: $379,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

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Frequently Asked Questions

What neighborhood is 4075 Walnut Grove Road located in?
The 4075 Walnut Grove Road is a house located in the neighborhood of Red Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 4075 Walnut Grove Road?
The average sales price for units in 4075 Walnut Grove Road is $0 currently.

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