See Home Value
Memphis 38120
5270 WALNUT GROVE
$993,663*
Land - Off Market

5270 WALNUT GROVE

Memphis, TN 38120
bedrooms
Studio
bathrooms
0 Bath
$900,000 - $1,098,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Oct 25, 2023
$975,000
$828,750 by Financial Federal Bank
Mortgage Due Nov 01, 2053
Sold Apr 26, 2000
$108,000

About This Property

Are you looking for a large lot in the most desirable area of East Memphis? Incredible 5 bedroom 4 and 1/2 bath home has all the space you need. Sitting over 1.5 acres in the heart of 38120. Beautiful back yard with a pool and private back drop. Make the existing home your own or parcel off for additional lots. The possibilities are endless. This property is also listed as a home for sale.
Unit Size
-
Days on Market
-
Land Size
1.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,285
HOA Dues
-
Year Built
2001

Price History

Date / Event Date Event Price
Oct 25, 2023 Sold to Salam A Wahab $975,000
Sold to Salam A Wahab
Oct 19, 2023 No longer available -
No longer available
Sep 17, 2023 No longer available -
No longer available
Aug 18, 2023 Listed $999,900
Listed
Jun 1, 2023 Listed $999,900
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 512
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 67,039
  • Lot Size Depth Feet: 1,430
  • Total Building Area: 7,740
  • Gross Building Area: 7,740
  • Building Area: 7,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,228
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD 1ST ADDN
  • Land Acres: 1.539
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS WALNUT GROVE RD COR WHITE STATION RD NE SEE MAP GRID 142 H

Ownership

  • Current Owner : WAHAB SALAM A
  • Previous Owner : WINESTONE JOSCELYN K
  • Owner Before Previous Owner: FRANKLIN LEONARD E
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009201

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 027-043
  • District: O
  • Parcel: 06-8022-0-0026C
  • Lot: 1-3
  • Municipality: MEMPHIS
  • Latitude: 35.131
  • Longitude: -89.8864

    Address

  • Full Address: 5270 Walnut Grove Rd
  • Address - House Number: 5270
  • Address - Street Name: Walnut Grove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 1931
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,424

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 1,020,707
  • High Value: 1,131,955
  • Low Value: 909,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $828,750
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2023
  • First Open Lien Mortgage Loan Amount: $828,750
  • 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, 2053

    Market Valuation

  • Market Total Value: $1,012,800
  • Market Land Value: $200,300
  • Market Improvement Value: $812,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $253,200
  • Assessed Land Value: $50,075
  • Assessed Improvements Value: $203,125

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Transaction ID: 11915071106
  • Current Sale Price: $975,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 91628
  • Previous Sale Recording Date: Apr 26, 2000
  • Previous Sale Contract Date: Apr 18, 2000
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Oct 25, 2023
  • First Mortgage Loan Amount: $828,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
-
$999,900 Jun 1, 2023
-
$1,285/mo
House
4 Beds
6 Baths
-
$995,000 Sep 19, 2023
-
$858/mo
House
4 Beds
3.5 Baths
-
$895,000 Sep 21, 2023
-
$722/mo

About Memphis


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Unit for sale at 5270 Walnut Grove Road, Memphis, TN 38120

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Nearby Rentals

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Frequently Asked Questions

When was property at 5270 Walnut Grove Road built and last sold?
The property at 5270 Walnut Grove Road was built in 2001 and last sold on Oct 16, 2023 for $975,000.
How much is this home worth?
The estimated value of the home located at 5270 Walnut Grove Road is $1,009,899.
What are some comparable homes to 5270 Walnut Grove Road?
Homes that are comparable to 5270 Walnut Grove Road include a house property at 5270 Walnut Grove Road, 338 Greenway Place, 5665 Gwynne Cove.

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